Common use of Special Authorization Procedures Clause in Contracts

Special Authorization Procedures. The following are specific authorization procedures for certain types of merchants: (i) mail/phone order transactions may obtain authorizations on any day up to seven (7) calendar days prior to the transaction date (shipment date is considered to be the transaction date). This authorization will be valid if the Card Item amount is within 15 percent of the authorized amount, provided that the additional amount represents only shipping costs. (ii) restaurant authorizations are valid if the Card Item amount is plus or minus 20 percent of the authorized amount. (iii) automated fuel dispenser transactions must obtain an authorization for the exact amount of the Card Item or use the Status Check Procedure. The Status Check Procedure requires Merchant to request an authorization for $1 and the Card Item amount to be no more than $50.