Common use of Limited Acceptance Clause in Contracts

Limited Acceptance. Visa Rules allow Merchant to become a Limited Acceptance Merchant as part of its use of Bank’s Services. A “Limited Acceptance Merchant,” as defined by Visa, is a merchant that accepts either, but not both, of the following: ● Visa Credit and Business Category Cards ● Visa Debit Category Cards Merchant has elected to become a Limited Acceptance Merchant by choosing to accept ONLY (please ▇▇▇▇ the applicable card category below): □ Visa Credit and Business Category Cards □ Visa Debit Category Cards Merchant’s failure to select one of the Limited Acceptance Categories above means that Merchant has elected to accept BOTH Visa Credit and Business Category Cards and Visa Debit Category Cards. If Merchant elects to be a Limited Acceptance Merchant, Merchant must properly display the Visa-approved signage that represents the Limited Acceptance Category that Merchant has selected above.

Limited Acceptance. Visa Rules allow Merchant to become a Limited Acceptance Merchant as part of its use of Bank’s Services. A “Limited Acceptance Merchant,” as defined by Visa, is a merchant that accepts either, but not both, of the following: ● Visa Credit and Business Category Cards ● Visa Debit Category Cards Merchant has elected to become a Limited Acceptance Merchant by choosing to accept ONLY (please ▇▇▇▇ the applicable card category below): □ Visa Credit and Business Category Cards □ Visa Debit Category Cards Merchant’s failure to select one of the Limited Acceptance Categories above means that Merchant has elected to accept BOTH Visa Credit and Business Category Cards and Visa Debit Category Cards. If Merchant elects to be a Limited Acceptance Merchant, Merchant must properly display the Visa-approved signage that represents the Limited Acceptance Category that Merchant has selected above.

Limited Acceptance. Visa Rules allow Merchant to become a Limited Acceptance Merchant as part of its use of Bank’s Services. A “Limited Acceptance Merchant,” as defined by Visa, is a merchant that accepts either, but not both, of the following: ● • Visa Credit and Business Category Cards ● • Visa Debit Category Cards Merchant has elected to become a Limited Acceptance Merchant by choosing to accept ONLY (please ▇▇▇▇ the applicable card category below): □ • Visa Credit and Business Category Cards □ • Visa Debit Category Cards Merchant’s failure to select one of the Limited Acceptance Categories above means that Merchant has elected to accept BOTH Visa Credit and Business Category Cards and Visa Debit Category Cards. If Merchant elects to be a Limited Acceptance Merchant, Merchant must properly display the Visa-approved signage that represents the Limited Acceptance Category that Merchant has selected above.