Billing Transaction definition
Examples of Billing Transaction in a sentence
If Merchant is so permitted by Bank, Merchant may offer Cardholders involved in Electronic Commerce Transactions or mail order/telephone order transactions an Installment Billing Transaction option.
If Merchant is so permitted by Processor or Merchant Bank, Merchant may offer Cardholders involved in Electronic Commerce Transactions or mail order/telephone order Transactions an Installment Billing Transaction option.
In the case of Installment Billing Transactions, Merchant must not deposit the first Installment Billing Transaction with Bank until the shipment date of the goods.
Merchant may not add finance charges to an Installment Billing Transaction.
Merchant may not deposit the first Installment Billing Transaction until the shipment date of the goods.
Thereafter, Merchant must deposit subsequent Installment Billing Transaction receipts at either of the following interval: (1) 30 calendar days or more, or (2) the monthly anniversary of the shipment date.
The Merchant must deposit subsequent Installment Billing Transaction Receipts at either of the following intervals: (1) 30 calendar days or more; or (2) Monthly anniversary of the shipment date (same day of each month).
For the purposes of this Agreement, if Qwest prints a ▇▇▇▇ that includes a Billing Transaction that complies with Section 4.D, and deposits the ▇▇▇▇ with the United States Postal Service, it will be deemed to have "billed" the Billing Transaction contained on such ▇▇▇▇.
Inform a Cardholder not billed in the Transaction Currency of Merchant that each Installment Billing Transaction amount may vary due to Currency Conversion Rate fluctuations.
If Merchant offers an Installment Billing Option, Merchant must comply with the requirements set forth in the Operating Rules, including without limitation, those set forth or referred to at Visa International Operating Regulations, Chapter 6, under “Installment Billing Transaction Receipt Deposit – U.S. Region” and “Installment Billing Transaction Option – U.S. Region”.