MOTO Transaction definition

MOTO Transaction means a Transaction you initiate through a mail order or over the telephone.
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MOTO Transaction or "Mail/Phone Order Transaction" means a specific transaction in which the PAN and expiry date on the card of the cardholder are provided with the consent of the cardholder and entered manually by the Merchant or Merchant’s employees (Client) on the POS terminal. Such transactions are allowed and will be processed by us only upon condition that we have provided approval to the Client for such transactions and the Client performs such transactions in compliance with the Rules of the Card Organizations and our rules for such transactions, including our Acceptance Policy and other applicable rules;
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MOTO Transaction means a Charge initiated by your Customer through a mail order or over the telephone.
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Examples of MOTO Transaction in a sentence

  • To the extent that you submit a Transaction as a MOTO Transaction or a Merchant Initiated Transaction, you must (a) determine that the Transaction is eligible to be treated either as a MOTO Transaction or Merchant Initiated Transaction (as applicable); and (b) record the basis on which you made this determination and provide this record to Stripe upon request.

  • If you do accept MO/TO Transactions without the consent set out in section 8(g)(i), then without prejudice to Elavon’s other rights and remedies under the Agreement or at Law, you may have to pay a surcharge on each such MO/TO Transaction.

  • If Elavon provides the consent set out in section 8(g)(i), for each MO/TO Transaction, you must retain in an accessible place and produce on demand documentary proof of dispatch of goods or supply of services rendered, for not less than two (2) years from the Transaction date.

  • If Elavon provides the consent set out in section 8(g) (i), for each MO/TO Transaction, you must retain in an accessible place and produce on demand documentary proof of dispatch of goods or supply of services rendered, for not less than two (2) years from the Transaction date.

  • If you do accept MO/TO Transactions without the consent set out in section 8(g) (i), then without prejudice to Elavon’s other rights and remedies under the Agreement or at Law, you may have to pay a surcharge on each such MO/TO Transaction.

  • In addition, when a Card is not present when processing a MOTO Transaction, You agree to keep any evidence of the Cardholder’s request to order the goods or services and instructions to process the Transaction for at least 13 months (e.g. order form, fax advice etc) from the date of the Transaction.

  • A Transaction printout must be generated for a refund Transaction, with the exception of a refund processed as a MO/TO Transaction.

  • When performing a MO/TO Transaction, the Customer or Card Holder may not in any case disclose the PIN.

  • MOTO Transaction means a Credit Card Transaction involving an order for goods or services received by you by mail, facsimile, telephone or email.

  • For MOTO Transactions where you are not required to obtain the Cardholder’s PIN or signature and compare the Cardholder’s signature with that on the Card, you must ensure that each person processing such a MOTO Transaction uses best endeavours to verify the authenticity of the information given to you by the customer.


More Definitions of MOTO Transaction

MOTO Transaction means a card transaction involving an order for goods or services received by you by mail, facsimile, telephone or email. nominated account means the account referred to in 10.3 or 10.4 (as applicable). nominated card means a type of card referred to in this agreement which can be authorised and settled by us through BNZ. non-authenticated transaction means a card transaction that has not been authenticated. non-standard card means a type of card which is not a nominated card. notice means a notice, request, consent and any other communication in connection with this agreement.
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MOTO Transaction means a debit initiated by your customer through a mail order (Mail Order) or by telephone (Telephone Order).
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MOTO Transaction means a card transaction involving an order for goods or services received by you by mail, telephone or email.
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MOTO Transaction means a Card not Present Transaction effected by mail order, telephone order or e-mail where the Cardholder is unable to authenticate such Transaction in person;
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MOTO Transaction means a Charge initiated by your Customer through a mail order or over the
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MOTO Transaction means a Card not Present Transaction done by mail order, telephone order or email where the Cardholder is unable to authenticate the Transaction in person; / POS device means a point of sale device that captures, transmits and electronically authorises Transaction Data; / POS Transaction slip means a voucher which is electronically generated by a POS device; / Receipt means, for purposes of the Agreement, as set out in the Service Terms and includes a POS Transaction Slip and Card not Present Receipt; / SMS means a short message service, which is a communication protocol that allows the interchange of short text messages between mobile phones; / Supervisor PIN means the personal identification number issued to you which can be used to override certain functions of the POS device; / Transaction Type means, for purposes of the Agreement, as set out in the Service Terms and includes a Card not Present Transaction (a MOTO Transaction). General The Service Terms and Application Form are incorporated by reference and unless stated otherwise in this Schedule, these Transaction Type Terms will be subject to those terms and conditions, including the definitions and rules of interpretation contained in them. The termination of any one Card type under a Transaction Type Schedule will not affect the validity of the acceptance of any other Card type provided under such Transaction Type Schedule or any other part of the Agreement. Your Obligations In addition to what is set out in the Service Terms, you must: / Perform all obligations to Cardholders for a Card not Present Xxxx action immediately after any Transaction has been successfully completed (including the dispatch or fulfilment of goods or services that you have agreed to supply); / Not submit the Card not Present Transaction for payment to us until the goods are shipped or the services are performed, unless the Cardholder has agreed to delayed delivery of goods or performance of services and this was properly explained to the Cardholder at the time of the Transaction; / Make sure that all Card not Present Transactions are processed online so that they can be Authorised; / Make sure that a Card not Present Receipt is given or sent to the Cardholder for every Card not Present Transaction (other than for a MOTO Transaction processed through a POS device);
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Related to MOTO Transaction

  • Treasury Transaction means any derivative transaction entered into in connection with protection against or benefit from fluctuation in any rate or price.

  • Equity Transaction means, with respect to any member of the Consolidated Parties, any issuance or sale of shares of its Capital Stock, other than an issuance (a) to a Consolidated Party, (b) in connection with a conversion of debt securities to equity, (c) in connection with the exercise by a present or former employee, officer or director under a stock incentive plan, stock option plan or other equity-based compensation plan or arrangement, or (d) in connection with any acquisition permitted hereunder.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Exempt Transaction means an increase in the percentage of the outstanding shares of Common Stock or the percentage of the combined voting power of the outstanding Voting Stock of the Company beneficially owned by any Person solely as a result of a reduction in the number of shares of Common Stock then outstanding due to the repurchase of Common Stock or Voting Stock by the Company, unless and until such time as (a) such Person or any Affiliate or Associate of such Person shall purchase or otherwise become the Beneficial Owner of additional shares of Common Stock constituting 1% or more of the then outstanding shares of Common Stock or additional Voting Stock representing 1% or more of the combined voting power of the then outstanding Voting Stock, or (b) any other Person (or Persons) who is (or collectively are) the Beneficial Owner of shares of Common Stock constituting 1% or more of the then outstanding shares of Common Stock or Voting Stock representing 1% or more of the combined voting power of the then outstanding Voting Stock shall become an Affiliate or Associate of such Person.

  • Co-Investment Transaction means any transaction in which a Regulated Fund (or its Wholly-Owned Investment Sub (defined below)) participated together with one or more Affiliated Funds and/or one or more other Regulated Funds in reliance on the Order.

  • Transaction means the transactions contemplated by the Transaction Documents.

  • Permitted Transaction means any transaction involving (i) a Swap that is not a Required Transaction or (ii) a Required Transaction that is a component of a Covered Package Transaction.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the Shareholders. Such term does not include:

  • Exchange Transaction means an exchange of Units for Common Units pursuant to, and in accordance with, the Exchange Agreement or, if the Issuer and the exchanging Limited Partner shall mutually agree, a Transfer of Units to the Issuer, the Partnership or any of their subsidiaries for other consideration.

  • Significant Transaction means a transaction which meets any one of the tests below:

  • Permitted Transactions has the meaning set forth in Section 13(B).

  • Subsequent Transaction has the meaning set forth in Section 1.08.

  • Public-finance transaction means a secured transaction in connection with which:

  • Purchase Transaction means a purchase of scrap metal, or the purchase of property described in section 10 if the knowing purchase or offer to purchase that property is not prohibited by that section, by a scrap metal dealer. The term does not include any of the following:

  • Package Transaction means a transaction involving two or more instruments:

  • Permitted Securitization Transaction Any financing transaction undertaken by the Seller or an Affiliate of the Seller that is secured, directly or indirectly, by the Collateral or any portion thereof or any interest therein, including any sale, lease, whole loan sale, asset securitization, secured loan or other transfer.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.