Card Holder definition
Examples of Card Holder in a sentence
Airwallet is responsible for the security of all Card Holder Data (CHD) within our environment according to PCI DSS.
The Card Holder exercising the right of withdrawal is responsible for the expenditures made with using the credit card from the notification of withdrawal until the closure of the credit card by the Bank against any possible use; and the Card Holder is obliged to pay such expenditures to the Bank.
If the Card Holder fails to make the payment within the specified period or notifies that the Card Holder has waived its right of withdrawal, the Card Holder shall be deemed to have not withdrawn from the credit card agreement and any and all obligations of the Card Holder under the Retail Client Agreement and the Bank Debit and Credit Cards Agreement shall survive.
The Card Holder may pay such expenditures made in instalments if they are made on instalment basis in accordance with the account statement.
In such a case, the card holder shall be deemed to be in default and the legal actions against the Credit Card Holder shall be initiated.