Common use of Declined transactions Clause in Contracts

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.

Appears in 3 contracts

Sources: Business Card Agreement, Business Credit Card Agreement, Business Credit Card Agreement