Offline Transaction definition

Offline Transaction means the Transaction made at a Merchant that agrees to make the Transaction without obtaining an Authorization from the card issuing bank at the time of its execution.
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Offline Transaction means (i) an in-store transaction with a static QR Code, a Terminal or other point-of-sale device (including those integrated with the Company’s technology; and (ii) a transaction using other offline means as the Parties may agree upon from time to time in writing;
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Offline Transaction means a Point of Sale Transaction effected in accordance with clause 7.1 which is sought to be effected using:
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Examples of Offline Transaction in a sentence

  • Application Note: What follows are all operations among subjects and objects covered by this SFP: PAP Offline Data AuthenticationFDP_IFC.2/ PAP Offline Transaction Complete information flow control FDP_IFC.2.1/ PAP Offline Transaction The TSF shall enforce the PAP Offline Transaction Information Flow Control SFP onSubject:S.PAP;Information:PAP Transaction Parameters;and all operations that cause that information to flow to and from subjects covered by the SFP.

  • In the event of an Offline Transaction, the Authorization is provided by the Card Payment Application without submitting an Authorization Request to the Operations Center.

  • Yes, yes, at the beginning, yes.Q. You yourself told investors that?A.

  • In the case of offline card transactions (including recurrent payments) the customer is aware and agrees that the offline transaction (s) are completed without the Bank's confirmation, therefore the Bank is not liable for the performance of the Offline Transaction (s) with the customer’s card, including those even if offline transactions are made after the card is blocked.

  • For the avoidance of doubt, where the amount of an Electronic Off-line Transaction exceeds the Electronic Off-line Payment Limit and the Cardholder’s Nominated Account has insufficient funds, the Card Issuer shall have the right, but not the obligation, to dishonour the whole amount of the Electronic Off-line Transaction.

  • FMT_MSA.2 Secure security attributes FMT_MSA.2.1 The TSF shall ensure that only secure values are accepted for security attributes defined in PAP Transaction Access Control SFP and PAP Offline Transaction, PAP Online Transaction Information Control SFP.

  • Offline Transaction means the process in which details of a Transaction are read and stored by the Equipment but are processed later than normal due to malfunction of the Equipment or any network downtime.

  • We will not be deemed in any way to have consented to any Off-line Transaction.

  • The moment when the Card Payment Application generates an Authorization Response is the moment of irrevocability of the Offline Transaction funds transfer;• The Operations Centre shall identify the Card Issuer that initiated the Transaction according to the System Table of BINs and route the Authorization Request to the Issuer;• The Issuer shall carry out the Transaction Authorization, generate a Response to the Authorization Request and send it to the Operations Center.

  • The moment when the Card payment application generates an Authorization response is the moment of irrevocability of the Offline Transaction funds transfer; The Operations Centre shall identify the Issuer of the Card that initiated the Transaction according to the System Table of BINs and route the Authorization request to the Issuer; Issuer shall carry out the Transaction Authorization, generate a response to the Authorization request and send it to the Operations Centre.


More Definitions of Offline Transaction

Offline Transaction means a Transaction not initiated and completed via the Online Booking Tool;
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Offline Transaction means the Transaction made at a Merchant that agrees to make the Transaction
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Offline Transaction means a Point of Sale Transaction effected in accordance with clause 7.1 which is sought to be effected using: (a) EOV, in the case of a Debit Card not bearing a point-of-sale acceptance mark of an international card scheme; or (b) EOV, sales voucher or credit voucher, in the case of a Credit Card, Charge Card or Debit Card bearing a point-of-sale acceptance mark of an international card scheme. Person includes any individual, company, partnership, incorporated society, association, or other legal entity. PIN means the personal identification number of the Cardholder issued in relation to an Approved Card. Point of Sale Transaction and Transaction means the process by which a Terminal is used by the Merchant and a Cardholder to authorise the electronic transfer of funds between the Cardholder's Nominated Account and the Merchant Account to effect payment by a Cardholder for goods or services and/or a cash withdrawal by a Cardholder or a Merchant Refund and, where this service is available on the System, a Cardholder balance enquiry, and, unless the context otherwise specifically requires, includes an Offline Transaction. Service means the service to be provided by Worldline under this Agreement, excluding any settlement or clearing services.
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Related to Offline Transaction

  • Securitization Transaction Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.

  • Alternative Transaction has the meaning set forth in Section 6.2(a).

  • Sale Transaction has the meaning set forth in Section 3(a).