Electronic Authorisation Function definition

Electronic Authorisation Function means a facility through which authorisation for a transaction may be obtained from a bank through the Edge Card Reader.
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Electronic Authorisation Function means a facility available to the Merchant to get NuPay’s authorisation for a Transaction, by using the Terminal;
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Electronic Authorisation Function means a facility whereby an authorisation for a Card transaction may be obtained from Mercantile Bank by means of electronic linkage with the computer network of Mercantile Bank by using the Equipment;
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Examples of Electronic Authorisation Function in a sentence

  • All transactions require prior authorisation from a bank by way of the Electronic Authorisation Function prior to You permitting the Cardholder to spend on a Card.

  • In this clause "Fraudulent Transaction" means any transaction which would be fraud or Laundering (regardless of whether an Electronic Authorisation Function code number has been issued by iKhokha to You) in terms of the common law or statute.


More Definitions of Electronic Authorisation Function

Electronic Authorisation Function means a facility available to the Merchant to get NuPay’s authorisation for a Transaction, through NuPay, by using the Terminal;
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Related to Electronic Authorisation Function

  • Electronic Programme Guide or “EPG” means a program guide maintained by the Distributors of Television Channels that lists Television Channels and programmes, and scheduling and programming information therein and includes any enhanced guide that allows subscribers to navigate and select such available channels and programmes;

  • Safety Authorisation and “deemed Safety Authorisation” have the meanings given to “safety authorisation” and “deemed safety authorisation” by the Railways and Other Guided Transport Systems (Safety) Regulations 2006;

  • Electronic Subcontracting Reporting System (eSRS) means the Governmentwide, electronic, web-based system for small business subcontracting program reporting. The eSRS is located at http://www.esrs.gov.

  • Form, fit, and function data means technical data that describes the required overall physical, functional, and performance characteristics (along with the qualification requirements, if applicable) of an item, component, or process to the extent necessary to permit identification of physically and functionally interchangeable items.

  • Electronic prescription means a written prescription that is generated on an electronic application and is transmitted to a pharmacy as an electronic data file; Schedule II through V prescriptions shall be transmitted in accordance with 21 C.F.R. Part 1300.