Credit Receipt definition
Examples of Credit Receipt in a sentence
You will issue a Credit Receipt instead of making a cash advance or providing a check, disbursement or refund on any Card transaction.
You will deliver a complete and legible copy of the Sales Draft or Credit Receipt or receipt, to the extent required by the Law or Operating Regulations, to the Cardholder at the time of the transaction.
You agree that all Rates & Fees are considered accurate and final unless Y ou dispute them in accordance with the provisions of this Agreement, including Section 8.C. Furthermore, Merchant agrees that every Credit Receipt issued will be subject to a Transaction fee and Processor Assessment fee, as part of Rates & Fees, and that in no circumstance are You entitled to receive or will receive a refund of any Rate & Fees associated with the original transaction.
Furthermore, ▇▇▇▇▇▇▇▇ agrees that every Credit Receipt issued will be subject to a Transaction fee and Processor Assessment fee, as part of Rates & Fees, and that in no circumstance are You entitled to receive or will receive a refund of any Rate & Fees associated with the original transaction.
Credit Receipt: A document evidencing the return of merchandise by Data Breach means any occurrence which results in the unauthorised access by a third party to confidential data relating to card transactions stored by your business or any entity engaged by you to provide storage or transmission services in respect of that data.
Credit Receipt: A document evidencing the return of merchandise by a Cardholder to a Merchant, or other Refund made by the Merchant to the Cardholder.
You will deliver a complete and legible copy of the Sales Draft or Credit Receipt or receipt, to the extent required by the Operating Regulations or Law, to the Cardholder at the time of the transaction.
A sample of this receipt is included as Exhibit G, Sample Credit Receipt.
The Credit Receipt is either issued by the POS Device used for the performance of the initial Transaction or sent to the Cardholder electronically.
PAN Truncation: A procedure by which a Cardholder’s copy of a Sales or Credit Receipt will only reflect the first 6 and last 3 digits of the Card.