Card Not Present Transactions definition

Card Not Present Transactions means an order for services where the Card or the Cardholder is not physically present at Access Paysuite’s premises at the time of the Transaction, and includes Electronic Commerce Transactions;

Card Not Present Transactions means transactions effected in a merchant environment where the Cardholder and the Card are not physically present at the time of usage. Typical Card Not Present Transactions include but are not limited to internet based transactions, mail, telephone or facsimile orders or reservations or recurring payments.

Card Not Present Transactions are Transactions completed where both the Cardholder and Card are not present at the point of sale and include mail orders, telephone and fax orders and Ecommerce Transactions.

Examples of Card Not Present Transactions in a sentence

• 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.

• 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.

• The following provisions apply to both Card Present Transactions and Card Not Present Transactions, unless otherwise specified.

• If Merchant has not requested any Gateway Services from PSiGate but is authorized to accept and process Card Not Present Transactions through a third party payment gateway, Merchant must inform Servicers of such third party payment gateway, any processing software, shopping cart, Web Site host, or other service provider (collectively “Third Party Gateway Service Providers”).

• The Cardholder is fully liable for all Card Not Present Transactions effected by the use of the OTP.

• Merchant shall retain a copy of all Sales Drafts and Credit Vouchers for customer present transactions and electronically approved authorizations for all Card Not Present Transactions for at least three (3) years after the date of the Card transaction.

• This limit is shared between signature‑based, contactless payments (e.g. Mastercard® Contactless and payments made using digital wallets) and Card Not Present Transactions.

• DBS may set different Card Limits for signature-based Card Transactions, PIN-based Card Transactions and Card Not Present Transactions.

• You may also use your Card without the Electronic Signature or Written Signature for Card Not Present Transactions at participating merchants.

• The Card Limit will apply to all Point of Sale Transactions and/or Card Not Present Transactions.

More Definitions of Card Not Present Transactions

Card Not Present Transactions means transactions that are carried out when either one or two of the parties in a card transaction are absent. “Charges” means amounts charged and/or levied on a Card Account including but not limited to the joining fees, Annual Subscriptions Fees and other Card fees, cost bills, liquidated damages, together with interest accrued and accruing.

Card Not Present Transactions means transactions that are carried out when either one or two of the parties in a card transaction are absent.

Card Not Present Transactions means the ability to process a Member’s Card payments via the internet or via other non-face-to-face Transactions.

Card Not Present Transactions means an order for services where the Card or the Cardholder is not physically present at Capita’s premises at the time of the Transaction, and includes Electronic Commerce Transactions;