Credit Voucher definition

Credit Voucher means a document executed by a Merchant evidencing any refund or price adjustment relating to Cards to be credited to a Cardholder account.
Credit Voucher means a document executed by a Merchant evidencing any refund or price adjustment credited to a Cardholder account.
Credit Voucher is the evidence of a partial or total refund of a Charge submitted by Merchant to Bank in paper or electronic form for processing through a Card Network interchange system so that credit may be made to a Cardholder Account. A Credit Voucher may also be referred to as a “Credit Slip”.

Examples of Credit Voucher in a sentence

  • If goods are returned, or services are terminated or canceled, or any price is adjusted, Merchant will prepare and transmit a Credit Voucher, either electronically or by paper, for the amount of the adjustment as a deduction from the total amount of Transactions transmitted that day.


More Definitions of Credit Voucher

Credit Voucher means a face-value voucher issued on the basis that –
Credit Voucher means a voucher, or the procedure in the case of an Electronic Transaction, prescribed by Kiwi Fuelcards to enable credit to be granted to the Cardholder.
Credit Voucher. Evidence of a return of goods or services by Merchant to a Cardholder, or other refund made by Merchant to a Cardholder, regardless of whether such evidence is in paper or electronic form or otherwise, all of which must conform to the Rules.
Credit Voucher means a document or Transaction executed by Merchant evidencing any refund or price adjustment relating to products or services to be credited to a Cardholder account.
Credit Voucher means a paper or electronic record of a Credit Transaction through use of a Bank Card in a form provided or approved by PRI.
Credit Voucher means a form supplied by the Bank in which credits to the cardholder’s account in respect of returned goods that are entered;
Credit Voucher mean the respective forms supplied by Xxxxxx and Xxxxxxx, or Xxxxxxxx’s own forms if approved by Xxxxxx and Xxxxxxx, for the purpose of consummating sales or credits/ refunds to be charged or credited to the Bankcard account of a Purchaser on the basis of a Bankcard properly honored by Merchant pursuant to the terms hereof. Sales Drafts and Credit Vouchers shall be transmitted to Xxxxxx and Moneris electronically by Merchant and shall be in a medium and form approved in advance by Xxxxxx and Xxxxxxx. All references in this Agreement to “Sales Drafts” and “Credit Vouchers” shall include, as applicable, all authorized forms of Sales Drafts and Credit Vouchers, whether electronically transmitted, on magnetic tape or original paper format.