Honouring Cards Sample Clauses
The 'Honouring Cards' clause requires merchants or service providers to accept valid payment cards presented by customers as a method of payment. In practice, this means that if a customer offers a credit or debit card that is part of an accepted network (such as Visa or Mastercard), the merchant must process the transaction according to the card network's rules, unless there is a legitimate reason to refuse, such as suspected fraud or technical issues. This clause ensures that customers can reliably use their cards for purchases, promoting consistency and trust in card-based payment systems.
Honouring Cards. Merchant will accept all valid Cards when properly presented by Cardholders in payment for goods or services, subject to applicable Card Association Rules requiring Merchant to elect whether to accept credit only, debit only or both debit and credit Cards. ▇▇▇▇▇▇▇▇’s election is set forth in the Merchant Application. Merchant may not establish minimum or maximum amounts for Card sales as a condition for accepting any Card. Subject to any provision of the Card Association Rules to the contrary, Merchant may not require any Cardholder to pay any part of any discount rate or other charge imposed upon Merchant by the Merchant Agreement. However, nothing herein shall prevent Merchant from offering discounts to customers for different methods of payment (e.g., cash, debit, or credit card purchases) and differential discounts among different payment networks, provided any such discounts are clearly marked at the point-of-sale. Merchant may not engage in a Transaction (other than a mail, internet, telephone order, or preauthorized sale to the extent permitted under the Merchant Agreement) if the person seeking to charge the purchase to his or her Card account does not present the Card to permit Merchant to compare the signature on the Card to the signature on the Sales Draft and obtain an Imprint or otherwise use the physical Card to complete the Transaction.
Honouring Cards. Merchant will accept all valid Cards when properly presented by Cardholders in payment for goods or services, subject to applicable Card Association Rules requiring Merchant to elect whether to accept credit only, debit only or both debit and credit Cards. Merchant’s election is set forth in the Application. Merchant may not establish minimum or maximum amounts for Card sales as a condition for accepting any Card. Merchants have the right to provide discounts to customers based on any method of payment selected by the customer. Any discounts must be clearly marked at the point of sale. Merchant may not engage in a Transaction (other than a mail, internet, telephone order, or preauthorized sale to the extent permitted under the Merchant Agreement) if the person seeking to charge the purchase to his or her Card account does not present the Card to permit Merchant to compare the signature on the Card to the signature on the Sales Draft and obtain an Imprint or otherwise use the physical Card to complete the Transaction. Merchant must ensure that the Cardholder is easily able to understand that the Merchant is responsible for the Transaction, including delivery of the goods (whether physical or digital) or provision of the services that are the subject of the Transaction, and for customer service and dispute resolution, all in accordance with the terms applicable to the Transaction. ▇▇▇▇▇▇▇▇ must not engage in any acceptance practice that discriminates against or discourages the use of a Card in favour of any other acceptance brand.
Honouring Cards. Merchant will accept all Cards when properly presented by Cardholders in payment for goods or services, subject to applicable Payment Network Rules including but not limited to those requiring Merchant to elect whether to accept credit only, debit only or both debit and credit Cards. Merchant’s election in that regard is set forth in the Application. Merchant may not establish minimum or maximum amounts for Card sales as a condition for accepting any Card. Merchant may not require any Cardholder to pay any part of any discount rate or other charge imposed upon Merchant by the Merchant Agreement, whether through imposition of a price increase not imposed on cash paying customers or through imposition of any charges not imposed on cash paying customers. However, nothing herein shall prevent Merchant from offering (i) discounts to customers for cash purchases or (ii) differential discounts to customers among different Payment Networks. Merchant may not engage in a Transaction (other than a mail, internet, telephone order, or preauthorized sale to the extent permitted under the Merchant Agreement) if the person seeking to charge the purchase to their Card account does not present the Card to permit Merchant to compare the signature on the Card to the signature on the Sales Draft and obtain an Imprint or otherwise use the physical Card to complete the Transaction. Merchant must not engage in any acceptance practice that discriminates against or discourages the use of a Card in favor of any other acceptance brand.
Honouring Cards. 3.1 In effecting Card Sales, the Merchant will honour properly tendered Cards and will not discriminate between Cardholders and cash customers or between Cardholders of different Cards. The Merchant will sell Merchant's goods and/or services at its regular cash prices, including any special sales price then in effect, without service or carrying charges of any kind and will make no special charge (including what is commonly known as a "surcharge") or extract any special agreement, condition or security from a Cardholder and without otherwise requiring any Cardholder to pay any part of the discount charged by the Merchant hereunder and will not refuse to exchange, return, or adjust merchandise purchased if any such exchange, return or adjustment is permitted to cash customers.
3.2 All Card Sales processed by FEC with respect to the Merchant will represent obligations of Cardholders in amounts set forth therein for merchandise sold or services rendered only, and shall not include or involve any element of credit for any other purpose.
3.3 FEC shall have the right, upon notice to the Merchant, to accept such other credit and debit and similar cards from such other Card issuers as it may designate from time to time.
Honouring Cards. The Merchant agrees to follow the procedures for Card acceptance set forth throughout this Merchant Agreement in connection with each Card Transaction and agrees to fully comply with and abide by all applicable Rules, as such may be changed from time to time by the Associations as advised by the Bank to the Merchant via written communication within a reasonable advance notice period. The Merchant acknowledges that the following Rules set forth below in this Paragraph 3 are requirements that are strictly enforced by VISA and MasterCard and agrees, without limitation thereto, to fully comply with and abide by the following requirements:
(a) Shall honor, without discrimination, all valid Cards when properly presented as payment by a bona fide Cardholder for a bona fide Transaction; and (b) Shall not establish procedures that discourage, favour, or discriminate against the use of any particular Card. If the Merchant does not deal with the public at large (e.g. a private club), the Merchant must honor all valid Cards of Cardholders who have purchasing privileges or memberships with the Merchant; and (c) Shall not establish minimum or maximum Transaction amounts as a condition for accepting Cards and (d) Shall not impose any surcharge or fee for accepting a Card or establish any special conditions for accepting a Card; and (e) Unless permitted under the Rules, Merchant shall not require a Cardholder to provide any personal information, such as a home or business address or telephone number, or a driver’s licence or other proof of identification as a condition of honouring a Card, unless instructed by the Bank. The exception to this is for a mail/telephone order or delivery required Transaction.
(f) Any taxes that the Merchant collects (and any other similar handling fees) must be included in the total Transaction amount and not collected separately in cash nor processed as an additional Transaction; and (g) Shall adequately display Visa, MasterCard and, if applicable, other Association decals and program marks on the promotional materials as required by Association Rules. The Merchant may not indicate that Visa, MasterCard or any other Association endorses its goods or services; The Merchant understands and agrees that it shall have no right to use the proprietary name and/or symbol of the Bank, VISA or MasterCard, unless the materials containing such are provided to the Merchant by the Bank and/or are approved in advance by Bank, and, in either event, only whil...
Honouring Cards. Merchant will accept all valid Cards when properly presented by Cardholders in payment for goods or services, subject to applicable Card Association Rules requiring Merchant to elect whether to accept credit only, debit only or both debit and credit Cards. ▇▇▇▇▇▇▇▇’s election is set forth in the Merchant Application. Merchant may not establish minimum or maximum amounts for Card sales as a condition for accepting any Card. Merchant may not require any Cardholder to pay any part of any discount rate or other charge imposed upon Merchant by the Merchant Agreement. However, nothing herein shall prevent Merchant from offering discounts to customers for different methods of payment (e.g., cash, debit or credit card purchases) and differential discounts among different payment networks, provided any such discounts are clearly marked at the point-of-sale and not prohibited by Applicable Laws. Merchant may not engage in a Transaction (other than a mail, internet,
Honouring Cards. The Merchant agrees to honour in accordance with the conditions set out in this Agreement, any Qualified Card properly tendered by any bona fide Cardholder to the Merchant for use in a Transaction.