Card Not Present definition

Card Not Present or “CNP” means that an Imprint of the Card is not obtained at the point-of-sale.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Card Not Present or “CNP” is a Card Transaction wherein neither the Cardholder nor the Card is physically present at the Point of Sale. Mail order and telephone order (MO/TO), electronic commerce and Preauthorized Transactions are collectively referred to as “CNP Transactions”.

Card Not Present means mail order, telephone order, e-commerce (Internet) order, or other transactions that are not Card-Present Transactions.

Examples of Card Not Present in a sentence

• NOTE: Card Not Present transactions involving one-time, recurring, or installment ▇▇▇▇ payment transactions are subject to additional card association requirements which must be complied with to avoid NQS.

• Regardless of whether Merchant has been approved by Provider for Card Not Present Transactions, Merchant assumes all responsibility for identification of the Cardholder and the validity of the Card information for Card Not Present Transactions.

• Statements in respect of Card Not Present Transactions must be made in accordance with these Payment Terms.

• The statement must be displayed at each public entrance to Your premises and (except for Card Not Present Transactions) at each point of sale.

• If Merchant accepts Card Not Present Transactions without such approval, Servicers may, in addition to any other rights they may have under this Agreement, establish a Chargeback reserve account to protect them from risk of loss.

More Definitions of Card Not Present

Card Not Present means an environment where the Card is not physically presented to the Customer by the Cardholder as the form of payment, nor is the Cardholder physically present, at the time of sale (including, Mail Order/Telephone Order Transactions and Internet Transactions).

Card Not Present transaction refers to a transaction that occurs when the Card is not present at the point-of- sale, including, without limitation, Internet, mail order, and telephone order sales.

Card Not Present or “CNP” transactions shall mean any instance where a Card transaction is initiated by a Cardholder where a physical Card is not presented to the Merchant, as in the case of mail orders (“MO”), telephone orders (“TO”), orders via the Internet (“IO”), pre-authorized orders (“PO”).

Card Not Present means a situation where the Card is not physically present at the moment the transaction is done, so that the Card is not physically read by the Payment Device. Such situations typically consist of procedures where orders are accepted at a distance (online, by post, telephone or fax) and orders of a repetitive character nature (e.g., periodical payments in a subscription). Card Offerer: the person offering a Card to the Merchant for use with a certain transaction. As described in clauses 3-5, the Merchant is required to verify whether the Card Offerer is indeed the rightful owner (i.e., the Cardholder) of the Card. Card Schemes: means, unless otherwise agreed by the parties, Visa, JCB, Diners, Discover, ChinaUnionPay and MasterCard. Card Scheme Rules: means the rules and regulations which regulate participants in the Card Schemes.

Card Not Present means a Card payment transaction processed without the presence of a physical Card, either by way of a manual entry of Card details or online capture of Card details for E-commerce transactions, in other words where the physical Card has not been swiped, dipped or tapped by means of a reader.

Card Not Present means card payment(s) for purchase(s) without the need for physical presentation of the Card.

Card Not Present. (CNP) means that card information was not read or obtained at the point of sale.