Declined Cards Sample Clauses
The Declined Cards clause outlines the procedures and responsibilities when a payment card is not accepted or is declined during a transaction. Typically, this clause specifies the steps the merchant or service provider must take, such as notifying the customer, requesting an alternative payment method, or suspending services until payment is successful. Its core function is to ensure that both parties understand the process for handling failed payment attempts, thereby minimizing confusion and maintaining the continuity of service or delivery of goods.
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Declined Cards. If a credit card is declined on the Billing Date, a second attempt to charge the card will occur 48 hour later. If the second billing attempt is declined, a third and final attempt to charge the card will occur 48 hours later. If the third billing attempt is declined, and no replacement card has been entered, the membership and access to the Website will be suspended. If the credit card is accepted on any billing attempt, the Member’s Billing Date will remain the same for subsequent months.