Mobile Transaction Services definition
Mobile Transaction Services means the Services which may be accessed by the Authorised Person from the Corporate Online Account or Cardholder(s) from the Cardholder Online Account via the Internet, Mobile Device or any other electronic medium. 1.26 “Non-Listed Currency” means any currency that is not a Listed Currency. 1.27 “OTP” means One Time PIN which is a 6-digit code generated by Merchantrade to facilitate Cardholder(s) 3D Secure online transactions and/or Card PIN creation/change and/or Corporate Web Portal / Corporate Mobile Application transactions. This OTP is only valid for one session or transaction, on a computer system or digital device. 1.28 “Person In Charge” or “PIC” means an employee or an individual of the Company who is authorized by the Company to register the Company as a user of the Business Master Account with Merchantrade. 1.29 “Personal Data” shall have the same meaning prescribed in Personal Data Protection Act 2010. 1.30 “PIN” means the personal identification number created by the each Cardholder(s) on the Card(s) issued to them whereby each Cardholder(s) must enter his/her PIN to complete Transactions as and when PIN entry is required by ATMs and/or any point-of-sale devices. 1.31 “Prevailing Rate” means the indicative prevailing exchange rates displayed on the Corporate Web Portal and/or Corporate Mobile Application in relation to the Listed Currencies. 1.32 “Product Disclosure Sheet” means a disclosure document about the Card, including but not limited to its features, fees, charges and benefits. 1.33 “Services” means the products and services made available to the Cardholder by Merchantrade from time to time. 1.34 “Stored Value Currency” means currency in Ringgit Malaysia. 1.35 “Suspense Account” means a separate account in which any balance in excess of the maximum stored value will be transferred to and stored. 1.36 “Top-Up” means the top-up amount or further reload amount deposited by the Company from the Business Master Account into the Card Designated Account which shall not cause the Card Designated Account to exceed the maximum Card Value at any given time or such other amount as may be determined by Merchantrade for cash withdrawal or the purchase of goods and/ or services from the Merchants by the Cardholder in accordance with the terms and conditions herein. 1.37 “Top-Up Channels” means the available channels for the initial reload and/or subsequent reloads by the Company as identified by Merchantrade from time to time. The available channels...
Mobile Transaction Services means the Services which may be accessed by the Cardholder via the Internet, mobile application, mobile device or any other electronic medium.
Examples of Mobile Transaction Services in a sentence
The Cardholder is required to comply with all such terms and conditions and follow all relevant user guidance whenever accessing or operating the relevant electronic devices or Mobile Devices when utilising the Mobile Transaction Services.
The Cardholder is required to comply with all such terms and conditions and follow all relevant user guidance whenever accessing or operating the relevant electronic devices or Mobile Devices when utilizing the Mobile Transaction Services.