Declined transactions Clause Samples
The 'Declined Transactions' clause defines the procedures and responsibilities when a payment or transaction is not approved or processed by a financial institution. Typically, this clause outlines the steps the parties must take if a transaction is declined, such as notifying the affected party, attempting to reprocess the payment, or providing alternative payment methods. Its core function is to ensure both parties understand how to handle failed transactions, thereby minimizing confusion and maintaining the continuity of services or obligations.
Declined transactions. We may decline to authorize a charge for various reasons, including if we suspect fraud or based on our assessment of your creditworthiness, even if your Account is not in default. We are not responsible for any losses you incur if we do not authorize a charge or if any merchant refuses to accept the Card.
Declined transactions. Customer acknowledges that Bank reserves the right, at any time and without prior notice, to decline to authorize any requested transaction for security reasons, suspected fraud, illegal or unauthorized activity, protection of Customer or Bank and other reason permitted under the Visa Rules. Bank will not have any liability for refusing to authorize any transaction, even if a Credit Limit was not reached.
Declined transactions. Issuer may decline to authorize a charge even if the charge will not cause the account to go over the available limit or available cash limit. We may also decline a transaction even if you pay on time and are not in default. Issuer is not responsible for any losses incurred if we do not authorize a charge. Issuer is not responsible if a merchant refuses to accept the card.
Declined transactions. A Transaction may be declined (“Declined Transaction”) by Us due to: (a) Your Cus- tomer having an inactive or invalid PopPay Account; (b) Your Customer having an expired or cancelled credit card or bank account which may be linked to their PopPay Account; (c) the inability by Us to Authen- ticate Your Customer’s identity; (d) any other reason. If You have a Declined Transaction, You will be noti- fied through the POS Terminal and You should not complete the Transaction nor provide delivery of the goods and services to the Customer. You have any questions relating to a Declined Transaction, You may contact Us at ▇▇▇▇@▇▇▇▇▇.▇▇▇.
Declined transactions. We may decline to authorize a Purchase for security or any other reason without limitation. This includes, for example, if we suspect the Purchase is fraudulent, is subject to U.S. economic sanctions or does not otherwise comply with this Agreement, or where we reasonably believe that you may be unable to fulfill your obligations under this Agreement, even if you have sufficient available credit to complete the Purchase. We may also decline to authorize a Purchase where the value of the Purchase exceeds your credit limit. We are not liable to you for any losses you or any Additional Cardholder (or anyone else) incur if we do not authorize a charge. And we are not responsible if any merchant refuses to accept the Card.
Declined transactions. Notwithstanding anything to the contrary in this Agreement, CapitalOS may decline to authorize a transaction involving any Card associated with your CapitalOS Account for security or any other reason. This includes, for example, if CapitalOS suspects the transaction is fraudulent, is subject to U.S. economic sanctions, or does not otherwise comply with this Agreement, or where CapitalOS reasonably believes that you may be unable to fulfill your obligations with respect to the resulting Charge under this Agreement.
Declined transactions. We may decline Charges for any reason, including suspected or actual fraud, violation of applicable law, your default under this Agreement, or if you exceed your Company Limit or Spend Limit. We are not liable to you or anyone else if we do not authorize Charges, even if the Charge is within your Company Limit or Spend Limit or you are not in default. If we decline a Charge, we may advise the person who attempted the Charge that it was declined. We may also limit the number or dollar amount of Charges we approve for your Account over a specific time period, such as a single day. We are not responsible if anyone refuses to accept a Card.
Declined transactions. CLIENT Customers will be alerted when a Transaction has been returned DECLINED, for reasons that include but are not limited to invalid card number, card type, or expiration date, and insufficient funds. The Customer will be prompted to re-submit.
Declined transactions. We may decline Transactions under this Agreement for any reason. This includes if we suspect fraud or there is actual fraud, the Transaction would violate applicable law, you have not made a Transaction Payment or not made all required payments on any billing statements, you are in default under this Agreement, or if you exceed your Spending Limit. We are not responsible for any losses associated with a declined Transaction, even if you were eligible to use your Spending Limit and the Transaction Amount was within your Spending Limit. We are not responsible if a merchant or another person refuses to accept your Card.
Declined transactions. We may decline Charges for any reason, including suspected or actual fraud, violation of applicable law, your default under this Agreement, or if you exceed your Company Limit or Spend Limit. We are not liable to you or anyone else if we do not authorize Charges, even if the Charge is within your Company Limit or Spend Limit or you are not in default. If