DINERS CLUB Sample Clauses
The Diners Club clause establishes the terms under which Diners Club credit cards are accepted as a method of payment. Typically, this clause outlines the procedures for processing Diners Club transactions, any applicable fees, and the responsibilities of both the merchant and the cardholder. For example, it may specify how refunds are handled or what happens in the event of a disputed charge. The core function of this clause is to ensure clarity and mutual understanding regarding the use of Diners Club cards, thereby reducing the risk of payment disputes and facilitating smooth financial transactions.
DINERS CLUB. At CCC's request, Bank will participate in the licensing program of Diners Club for each Processor bank number of CCC's so requested. Bank will settle Diners Club in the same manner as Visa and MCI as described in this Agreement. Any Merchant may apply to CCC to process Diners Club card Transactions. If approved and the Merchant enters into a Merchant Agreement for the Diners Club program, CCC and Bank will supply Diners Club processing and settlement services in accordance with the terms of the Merchant Agreement and the Diners Club operating regulations.
DINERS CLUB. If settlement services are provided for Diners Club (“Diners”) transactions:
(i) Customer shall retain Diners sales drafts and Diners credit vouchers for a period of at least 90 days from the date of the Diners transaction, and Customer shall retain microfilm or legible copies of Diners sales drafts and Diners credit vouchers for a period of at least seven years following the date of transaction.
(ii) Customer shall not accept a Card embossed “for local use only” outside the territory in which it was issued; and
(iii) Customer shall not accept an Amoco co-branded Card unless Customer has a specific contractual agreement authorizing Customer to do so.
DINERS CLUB. At iPayment's request, Bank will participate in the licensing program of Diners Club for each Processor bank number of iPayment's so requested. Bank will settle Diners Club in the same manner as Visa and MCI as described in this Agreement. Any Merchant may apply to iPayment to process Diners Club card Transactions. If approved and the Merchant enters into a Merchant Agreement for the Diners Club program, iPayment and Bank will supply Diners Club processing and settlement services in accordance with the terms of the Merchant Agreement and the Diners Club operating regulations.