Discover Network Sample Clauses
The Discover Network clause defines the terms and conditions under which transactions are processed through the Discover payment network. It typically outlines the responsibilities of parties when accepting Discover cards, including compliance with network rules, transaction processing procedures, and settlement timelines. This clause ensures that both merchants and service providers understand their obligations when handling Discover card payments, thereby facilitating smooth transaction processing and reducing the risk of disputes or non-compliance with network standards.
Discover Network. (certain valid devices (e.g., radio frequency enabled Cards, key fobs, contactless Cards, and JCB, CUP and DCI Cards) may not display the features described below).
a. Card numbers are at least 16 digits embossed on the front of the Card.
b. The word DISCOVER or DISCOVER NETWORK will appear in ultraviolet ink on the front of the Card when it is held under an ultraviolet light.
c. An overprint on the signature panel reads Discover Network.
d. The Discover Network three-dimensional hologram, bearing a distinct circular shape and images of a globe pierced by an arrow, water and stars on a repetitive pattern background (the “Discover Network Hologram”),appears on the front of certain Discover Network Cards. The hologram reflects light and appears to move as the Card is rotated. When an Electronic Cash Register or Electronic Draft Capture terminal reads the magnetic stripe on the Card, you must check the Card account number on the terminal (if displayed) against the account number embossed on the Card or follow such other security check as is mandated by Processor from time to time. If the Card is read with a terminal that displays the Card number and the Sales Draft is printed, you shall verify that the account number displayed on the terminal and the printed card numbers on the Sales Draft match the embossed numbers on the face of the Card. In the event that they do not match, the sale must not be completed. Failure to follow these checks and procedures will expose you to chargebacks. If the terminal is programmed to require you to key the last 4 or more digits of each Card used for a sale, and the terminal indicates that the numbers keyed are not the same as those present on the Card, the sale must not be completed.
Discover Network. The payment network operated and maintained by Discover, which network shall include for the avoidance of doubt, Cards bearing the servicemarks of Discover and/or Diners Club International.
Discover Network. All valid standard rectangular plastic Cards bearing the Discover Network Acceptance Mark or the Discover/NOVUS Acceptance Mark, as indicated below, include the following common characteristics and distinctive features:
Discover Network. For Discover Network transactions, You must label one Sales Draft “deposit” and the other “balance,” as
Discover Network. For Discover Network transactions, You must label one Sales Draft “deposit” and the other “balance,” as appropriate. You must obtain the “deposit” authorization before submitting the sales data for the “deposit” or the “balance” to PaymentWorld. If delivery of the merchandise or service purchased will occur more than thirty (30) calendar days after the “deposit” authorization, You must obtain a subsequent authorization for the “balance.” In addition, You must complete Address Verification at the time of the “balance” authorization, and You must obtain proof of delivery upon delivery of the services/merchandise purchased. You may not submit sales data relating to the “balance” to PaymentWorld for processing until the merchandise/service purchased has been completely delivered.
Discover Network. The payment network operated and maintained by DFS Services LLC, which network shall include for the avoidance of doubt, Cards bearing the servicemarks of Discover and/or Diners Club International.