Recurring Transaction means a regular payment collected from your Card by an originator, in line with your instruction.
Recurring Transaction means Transactions that occur where you have an ongoing signed authority from the Cardholder to process Transactions against a Cardholder’s Credit Card, scheme debit or charge card account (as applicable).
Recurring Transaction means a repetitive periodic Transaction for which you charge the Buyer’s Card or Alternative Payment Method account (eg, subscriptions or instalments);
Examples of Recurring Transaction in a sentence
You do not have the right to stop payment on any purchase transaction originated by use of your Card, other than a Recurring Transaction as described in the Section below titled “Recurring Transactions.” When you use your Card to pay for goods or services, certain merchants may ask us to authorize the transaction in advance and the merchant may estimate its final value.
More Definitions of Recurring Transaction
Recurring Transaction means an agreement between you and a supplier that allows the supplier to ask us to make payments to them from your Card Account on a regular basis.
Recurring Transaction means a Transaction authorised by a customer to be processed at periodic intervals, for example, weekly, monthly, annually, until it expires or is cancelled.
Recurring Transaction means a regular payment (other than a direct debit or standing order) collected from your account by a third party e.g. magazine and television subscriptions.
Recurring Transaction means multiple Transactions processed at predetermined intervals not to exceed one year between Transactions, representing an agreement between you and a Cardholder to purchase goods or services over a period of time;
Recurring Transaction means Transactions which have been pre-authorized by the Cardholder and for which the goods or services are to be delivered or performed in the future by Merchant without having to obtain approval from the Cardholder each time.
Recurring Transaction means a card transaction where a cardholder authorises you to debit their account on a periodic, recurring basis. refund means a refund you make to the cardholder regarding a card transaction, which will fully or partly reverse it.
Recurring Transaction means Transactions that occur where a Merchant has an ongoing signed authority from the Cardholder to process Transactions against a Cardholder’s credit card, scheme debit or charge card account (as applicable).