Charge Back definition

Charge Back means, approved and settled credit card or net banking purchase transaction(s) which are at any time refused, debited or charged back to merchant account (and shall also include similar debits to Payment Gateway Service Provider's accounts, if any) by the acquiring bank or credit card company for any reason whatsoever, together with the bank fees, penalties and other charges incidental thereto.

Charge Back means any electronic debit returned for non-payment by the maker’s financial institution. “Designated Depository Account” means that financial depository account of Subscriber to which SPS will credit electronic check transaction data and from which SPS will debit amounts due for fees, Charge backs, and penalties, if any. “ODFI” means the Originating Depository Financial Institution” through which SPS initiates Subscriber transactions. “Third Party Processor” or “TPP” shall either mean SPS or a data processing service bureau having a contractual relationship with an ODFI and originating Entries to such ODFI on behalf of SPS at SPS’ request.

Charge Back means a transaction that is rejected by the Transactees bank as unauthorized or fraudulent or based on a claim against the merchant such as failure to deliver.

Examples of Charge Back in a sentence

• In these Terms and Conditions, the term "Charge Back" shall mean, approved and settled credit card or net banking purchase transaction(s) which are at any time refused, debited or charged back to merchant account (and shall also include similar debits to Payment Gateway Service Provider's accounts, if any) by the acquiring bank or credit card company for any reason whatsoever, together with the bank fees, penalties and other charges incidental thereto.

• Refund For Charge Back Transaction: In the event there is any claim for/ of charge back by the User for any reason whatsoever, such User shall immediately approach Merchant with his/ her claim details and claim refund from Merchant alone.

• Although there is a Charge Back Agreement submitted by the applicant for payment of those outsourced review fees which specifies that the applicant shall pay such fees, ultimately, it is the subject property, itself, which encumbers the ultimate responsibility for repayment of those fees in the event of default of payment by the applicant.

• In these Terms and Conditions, the term "Charge Back" shall mean approved and settled credit card or net banking purchase transaction(s) which are at any time refused, debited or charged back to merchant account (and shall also include similar debits to Payment Gateway Service Provider's accounts, if any) by the acquiring rank or credit card company for any reason whatsoever, together with the bank fees, penalties and other charges incidental thereto.

• Should this occur, I understand that the Town has, as part of its remedies under the Charge Back Agreement and Land Use Application, the imposition of liens against the property, should such become necessary..Signature of Property Owner Print Name: Address: Phone Number: STATE OF COLORADO ))ss.COUNTY OF ) The foregoing instrument was acknowledged before me this day of , 20 , by , as of .

More Definitions of Charge Back

Charge Back. See Black’s Law Dictionary, 6th ed. See also Surety and UCC § 4-212 “Chattel Paper” See Black’s Law Dictionary, 6th ed. UCC § 9-105 (b)

Charge Back. A customer Charge Back will be assessed to Agency if a customer, procured by Agency, cancels their service with PowerSource within the customer's first two (2) PowerSource billing cycles. The Charge Back is equaled to the Acquisition Bonus paid out by PowerSource.

Charge Back means any enforced direction or instruction effected on or through any computer, electronic or telecommunications equipment, medium or network (whether on the Internet or otherwise) to reverse any Card Transaction in response to a fraudulent Card Transaction or a Card Transaction dispute raised by the Cardholder.

Charge Back means approved and settled card or net banking purchase transactions which are at any time refused, debited or charged back to Merchant account (shall also include similar debits to Cashlesso accounts, if any) by the Acquiring Bank for any reason whatsoever, together with the bank fees, penalties and other charges incidental thereto. Chargeback Policy forming a critical part of this agreement is attached in ANNEXURE “D”.

Charge Back means any electronic debit returned for non-payment by the maker’s financial institution and debited against Subscriber’s account by SPS (c) “Designated Depository Account” means that financial depository account of Subscriber to which SPS will credit electronic transaction data and from which SPS will debit amounts due for fees, Charge backs, and penalties, if any.

Charge Back means a transaction that is reversed because the Cardholder has successfully disputed the transaction.

Charge Back means a transaction that is rejected by the transactee's bank as unauthorized or fraudulent or based on a claim against the merchant such as failure to deliver.  "Check 21" refers to the Check Clearing Act of the 21st Century. It may also be used to describe a specific file type (usually preceded by the reference: X9) approved by the Federal Reserve whereby the intent of the act may be achieved. Financial institutions sometimes refer to this type of check transaction as: "Check 21" or "X9.37" or "Image Cash Letters" or "Paper Based (electronic) Transactions".