Common use of The Merchant shall Clause in Contracts

The Merchant shall. Comply with the international payment systems’ card processing rules: • Ensure that the transaction amount is clearly visible to the payer before making the payment; • Do not refuse the customer the service envisaged in this Agreement for buying goods/services unless the Merchant finds the transaction suspicious; • Ensure that the POS terminal payment receipt (slip) displays the Merchant’s business name, which must appear on the Client’s statement; • Ensure that the customer signs the receipt (slip) of a magnetic-stripe transaction; • If the a magnetic-stripe transaction amount exceeds 100 (one hundred) GEL, request additionally the customer’s ID card and put down the ID card number on the printed sales receipt (slip); • Keep the sales receipt (slip) signed by the customer for 180 (one hundred and eighty) days; • Consider a payment transaction authorized only if the sales slip shows “approved”, response code 000.

Appears in 3 contracts

Sources: Pos Terminal Agreement, Pos Terminal Agreement, Pos Terminal Agreement

The Merchant shall. Comply with the international payment systems’ card processing rules: x Ensure that the transaction amount is clearly visible to the payer before making the payment; x Do not refuse the customer the service envisaged in this Agreement for buying goods/services unless the Merchant finds the transaction suspicious; x Ensure that the POS terminal payment receipt (slip) displays the Merchant’s business name, which must appear on the Client’s statement; x Ensure that the customer signs the receipt (slip) of a magnetic-stripe transaction; x If the a magnetic-stripe transaction amount exceeds 100 (one hundred) GEL, request additionally the customer’s ID card and put down the ID card number on the printed sales receipt (slip); x Keep the sales receipt (slip) signed by the customer for 180 (one hundred and eighty) days; x Consider a payment transaction authorized only if the sales slip shows “approved”, response code 000.

Appears in 2 contracts

Sources: Pos Terminal Agreement, Pos Terminal Agreement

The Merchant shall. Comply with the international payment systems’ card processing rules: • Ensure that the transaction amount is clearly visible to the payer before making the payment; • Do not refuse the customer the service envisaged in this Agreement for buying goods/services unless the Merchant finds the transaction suspicious; • Ensure that the POS terminal payment receipt (slip) displays the Merchant’s business name, which must appear on the Client’s statement; • Ensure that the customer signs the receipt (slip) of a magnetic-stripe transaction; • If the a magnetic-stripe transaction amount exceeds 100 (one hundred) GEL, request additionally the customer’s ID card and put down the ID card number on the printed sales receipt (slip); • Keep the sales receipt (slip) signed by the customer for 180 (one hundred and eighty) days; • Consider a payment transaction authorized only if the sales slip shows “approved”, response code 000.

Appears in 2 contracts

Sources: Pos Terminal Agreement, Pos Terminal Agreement