Common use of SUMMARY Clause in Contracts

SUMMARY. The summary of reasons for chargebacks include, but are not limited to, any one of the following: i. an invalid Card account number submitted by you; ii. neither the Cardholder nor a person authorized by the Cardholder received the goods or services requested; iii. the Cardholder received the good or services but disputes the quality; iv. the Cardholder never received credit for a returned item or a canceled order; v. the Cardholder was charged incorrectly; vi. the amount of the sale exceeded the floor limit and an authorization was not obtained or was denied; vii. the sale was authorized but not for the correct amount; viii. the authorization code provided is invalid; ix. the Card was expired at the time of the sale or had not reached its effective date; x. the Sales Draft was not signed. An exception will be made where MO/TO sales are permitted by Processor; xi. the Card issuer has information that a Merchant fraud has occurred; xii. the Card account number and the amount of sale is missing from Sales Draft or is illegible; xiii. the Sales Draft bears the imprint of a Card which to the Associations is a counterfeit Card because the Card is not embossed in accordance with the standards set forth in the Rules, even if the sale was authorized.

SUMMARY. The summary of reasons for chargebacks include, but are not limited to, any one of the following: i. an invalid Card account number submitted by youMerchant; ii. neither the Cardholder nor a person authorized by the Cardholder received the goods or services requested; iii. the Cardholder received the good or services but disputes the quality; iv. the Cardholder never received credit for a returned item or a canceled order; v. the Cardholder was charged incorrectly; vi. the amount of the sale exceeded the floor limit and an authorization was not obtained or was denied; vii. the sale was authorized but not for the correct amount; viii. the authorization code provided is invalid; ix. the Card was expired at the time of the sale or had not reached its effective date; x. the Sales Draft was not signed. An exception will be made where MO/TO sales are permitted by Processor; xi. the Card issuer has information that a Merchant fraud has occurred; xii. the Card account number and the amount of sale is missing from Sales Draft or is illegible; xiii. the Sales Draft bears the imprint of a Card which to the Associations is a counterfeit Card because the Card is not embossed in accordance with the standards set forth in the Rules, even if the sale was authorized.

SUMMARY. The summary of reasons for chargebacks include, but are not limited to, any one of the following: i. an invalid Card account number submitted by you; ii. neither the Cardholder nor a person authorized by the Cardholder received the goods or services requested; iii. the Cardholder received the good or services but disputes the quality; iv. the Cardholder never received credit for a returned item or a canceled order; v. the Cardholder was charged incorrectly; vi. the amount of the sale exceeded the floor limit and an authorization was not obtained or was denied; vii. the sale was authorized but not for the correct amount; viii. the authorization code provided is invalid; ix. the Card was expired at the time of the sale or had not reached its effective date; x. the Sales Draft was not signed. An exception will be made where MO/TO sales are permitted by ProcessorNPC; xi. the Card issuer has information that a Merchant fraud has occurred; ; xii. the Card account number and the amount of sale is missing from Sales Draft or is illegible; xiii. the Sales Draft bears the imprint of a Card which to the Associations is a counterfeit Card because the Card is not embossed in accordance with the standards set forth in the Rules, even if the sale was authorized.

SUMMARY. The summary of reasons for chargebacks include, but are not limited to, any one of the following: i. an invalid Card account number submitted by you; ii. neither the Cardholder nor a person authorized by the Cardholder received the goods or services requested; iii. the Cardholder received the good or services but disputes the quality; iv. the Cardholder never received credit for a returned item or a canceled order; v. the Cardholder was charged incorrectly; vi. the amount of the sale exceeded the floor limit and an authorization was not obtained or was denied; vii. the sale was authorized but not for the correct amount; viii. the authorization code provided is invalid; ix. the Card was expired at the time of the sale or had not reached its effective date; x. the Sales Draft sales draft was not signed. An exception will be made where MO/TO sales are permitted by ProcessorNPC/Bank; xi. the Card issuer Issuer has information that a Merchant fraud has occurred; xii. the Card account number and the amount of sale is missing from Sales Draft sales draft or is illegible; xiii. the Sales Draft sales draft bears the imprint of a Card which to the Associations Card Organizations is a counterfeit Card because the Card is not embossed in accordance with the standards set forth in the Rules, even if the sale was authorized.

SUMMARY. The summary of reasons for chargebacks include, but are not limited to, any one of the following: i. an invalid Card account number submitted by you; ii. neither the Cardholder nor a person authorized by the Cardholder received the goods or services requested; iii. the Cardholder received the good or services but disputes the quality; iv. the Cardholder never received credit for a returned item or a canceled order; v. the Cardholder was charged incorrectly; vi. the amount of the sale exceeded the floor limit and an authorization was not obtained or was denied; vii. the sale was authorized but not for the correct amount; viii. the authorization code provided is invalid; ix. the Card was expired at the time of the sale or had not reached its effective date; x. the Sales Draft was not signed. An exception will be made where MO/TO sales are permitted by Processor; xi. the Card issuer has information that a Merchant fraud has occurred; ; xii. the Card account number and the amount of sale is missing from Sales Draft or is illegible; xiii. the Sales Draft bears the imprint of a Card which to the Associations is a counterfeit Card because the Card is not embossed in accordance with the standards set forth in the Rules, even if the sale was authorized.