Common use of Offline Transactions Clause in Contracts

Offline Transactions. 7.1.1 Where the System is unable to process Transactions due to technical malfunction at the central processors or failure of the telecommunications links, the Merchant may: (i) use automated procedures, such as EOV, within the Terminal to accept and store Transactions for subsequent dispatch to PAYMARK; or

Appears in 3 contracts

Sources: Merchant Agreement, Merchant Agreement, Merchant Agreement