Debit Card Transaction definition

Debit Card Transaction means an electronic payment using a Card for the purchase of goods or services (which can include payment for CashBack), by a Cardholder, to a Retailer displaying the Visa logo and/or who is in the Visa Scheme.
Debit Card Transaction means any transaction processed to the Account by or through the use of a Debit Card.
Debit Card Transaction means the amount debited to an Account by the Bank for purchase by the Debit Cardholder of goods and/or services, benefits or reservation (including without limitations any reservation made by the Debit Cardholder for air, ship, rail, motor or other transportation or hotel or other lodging or accommodation or other transportation, rental or hire, whether or not utilized by the Debit Cardholder) and/or Cash Withdrawals by the use of the Debit Card and/or the PIN, regardless of whether a Debit Cardholder signs a sales slip or Cash Withdrawal slip or other voucher or form.

Examples of Debit Card Transaction in a sentence

  • In the case of a Debit Card Transaction, it is our responsibility to prove that the instruction was accurately authenticated, recorded, entered in the accounts and not affected by a technical breakdown.

  • The Cardholder authorises, and does not revoke, the Debit Card Transaction in accordance with these Conditions.

  • This includes circumstances where it is not possible to authorise a Debit Card Transaction whether for systems reasons or because no authorisation signal has been received by us, and circumstances where authorisation is not possible because the Card has been damaged.

  • Debit Card Transactions will reduce the available balance on the Card Account, even though the relevant Debit Card Transaction might not yet appear on your statement.

  • The amount of any Debit Card Transaction will normally be debited to the Card Account within two days following receipt by us of the transaction record from the Retailer.


More Definitions of Debit Card Transaction

Debit Card Transaction means a card-based payment transaction, including those with prepaid cards that is not a credit card transaction;
Debit Card Transaction means an electronic payment using a Card for the purchase of goods or services which can include payment for Cash-back, by you.
Debit Card Transaction means an card payment transaction included with prepaid cards linked to a current or deposit access account to which a transaction is debited in less than or 48 hours after the transaction has been authorised/initiated.
Debit Card Transaction means any debit transaction effectuated with a Debit Card, including Point of Sale transactions (whether pinned or pinless) and ATM transactions. For avoidance of doubt, Debit Card Transaction does not include a debit transaction effectuated by check, pre-authorized transaction, by wire transfer, or a transfer to another account such as a credit card account or line of credit.
Debit Card Transaction or ‘transaction’ means a transaction in Australia using the EFTPOS system;
Debit Card Transaction means a card-based payment transaction, including those
Debit Card Transaction or ‘transaction’ means a transaction in Australia using the EFTPOS system; ‘financial year’ is the 12-month period ending 30 June;