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.
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;
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.
More Definitions of Offline Transaction
Offline Transaction means a Transaction not initiated and completed via the Online Booking Tool;
Offline Transaction means a Point of Sale Transaction effected in accordance with clause 7.1 which is sought to be effected using:
Offline Transaction means a transaction that is initiated when the Device is not connected to the internet, and/or the Merchant Equipment cannot connect the Bank Services.
Offline Transaction means the Transaction made at a Merchant that agrees to make the Transaction