Batch Close definition

Batch Close means a Terminal function which submits all the accumulated Transactions processed through the Terminal to us or a Third Party;
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Batch Close means the manual or automated process by which Transaction Records are confirmed to initiate settlement.
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Batch Close means the process of sending a batch to the financial institution for settlement.
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Examples of Batch Close in a sentence

  • No Batch Close Report – if a driver has lost or misplaced Batch Close report, the Driver is to go straight to Driver Admin (not cashiering).

  • A Batch Close report will print and list the details of the transactions in the terminals.

  • A copy of the receipt is attached to the Batch Close Incident Report.

  • If the driver experiences a problem with the Batch Close or operation of the unit, the driver is to bring unit to the office during normal business hours.

  • In the event that a driver does not have a Batch Close and presents a credit card slip with no signature the following will apply.

  • Driver Admin to photocopy all slips and write the control # from the Batch Close Incident Form on the photocopy and date the sheet.

  • A Batch Close is a request from the terminal to verify the terminal and host are in agreement on the number of transactions and dollar total for a batch.

  • An Auto Close is a Batch Close that is generated by a pre-determined system parameter.

Related to Batch Close

  • Final closure means the closure of all hazardous waste management units at the facility in accordance with all applicable closure requirements so that hazardous waste management activities pursuant to 35 Ill. Adm. Code 724 and 725 are no longer conducted at the facility unless subject to the provisions of 35 Ill. Adm. Code 722.134.

  • Plant closing means the closing of a plant site or other corporate location that directly results in termination of the Grantee’s Service.

  • Testson Completion means the tests which are specified in the Contractor agreed by both Parties or instructed as a Variation, and which are carried out under Clause 9 [Tests on Completion] before the Works or a Section (as the case may be) are taken over by the Procuring Entity.

  • Partial closure means the closure of a hazardous waste management unit in accordance with the applicable closure requirements of 35 Ill. Adm. Code 724 or 725 at a facility that contains other active hazardous waste management units. For example, partial closure may include the closure of a tank (including its associated piping and underlying containment systems), landfill cell, surface impoundment, waste pile, or other hazardous waste management unit, while other units of the same facility continue to operate.

  • Final Closing means the last closing under the Private Placement;