EDC Merchant definition
Examples of EDC Merchant in a sentence
If an expired Bank Card is presented and you are not an EDC Merchant, you must contact the Authorization Center by telephone.
If you are not an EDC Merchant, you shall use imprinters acceptable to PRI If you are an EDC Merchant, you shall maintain at least one imprinter for back-up purposes.
You are not required to obtain an imprint of either legend if: you are an EDC Merchant and your EDC Terminal produces Sales Drafts and Credit Vouchers that contain the information specified in the Operating Rules; or The Bank Card Transaction is based on a mail or telephone order subject to Section 4.7 and Section 19 of these Additional Terms and Conditions or is a Preauthorized Order subject to Section 4.8 of these Additional Terms and Conditions.
If you are not an EDC Merchant, you shall deposit the bank processing copy of each Credit Voucher not later than the next bank business day following the date of its issuance.
If you are an EDC Merchant, you shall electronically deposit a copy of each Credit Voucher with PRI not later than the close of business on the next bank business day following the date of the issuance.