Preauthorized Order definition

Preauthorized Order means a Cardholder’s written authorization to make one or more charges to the Cardholder’s Bank Card account on a future date.
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Preauthorized Order means any transaction permitted by this Agreement and the relevant Rules for which a Cardholder provides you advance permission to charge the Cardholder’s Card for recurring sales, delayed delivery orders or other preauthorized orders.
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Preauthorized Order means any transaction permitted by the Contract and the relevant Rules for which a Cardholder provides the City with advance permission to charge the Cardholder’s Card for recurring charges or other preauthorized services.
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Examples of Preauthorized Order in a sentence

  • In no event may any finance charges be imposed on any periodic payments in connection with a Preauthorized Order or Recurring Sale.

  • For each Preauthorized Order, you shall type of legibly print the letters “PO” on the signature line of the Sales Draft.

  • You are not required to obtain an imprint of either legend if: you are an EDC Merchant and your EDC Terminal produces Sales Drafts and Credit Vouchers that contain the information specified in the Operating Rules; or The Bank Card Transaction is based on a mail or telephone order subject to Section 4.7 and Section 19 of these Additional Terms and Conditions or is a Preauthorized Order subject to Section 4.8 of these Additional Terms and Conditions.

  • You may accept a Preauthorized Order for a Sales Transaction only if the Cardholder has signed a written authorization for the preauthorized charge.

  • You shall not deliver merchandise or perform services covered by a Preauthorized Order after you receive actual notification that the written authorization has been canceled or that the Bank Card covered by the Preauthorized Order is not to be honored.

  • You will submit to us a legible copy of a Transaction Record, Cardholder consent for a Preauthorized Order or Credit Record if any Card issuer requests such copy.

  • In affecting a Mail Order, Telephone Order, or Preauthorized Order Credit Card transaction, you shall fully comply with all of the procedures set forth in the Merchant Guide.

  • If a Credit Card transaction is based on a Mail Order (MO), Telephone Order (TO), Preauthorized Order (PO), Electronic Commerce Order (ECO), or used for Reservation, or Advance Resort Deposit, the sales slip may be completed without a Cardholder signature or a Card imprint.

  • In no event may any finance charges be imposed on any periodic payments in connection with Preauthorized Order or Recurring Sale.

  • Your deadline for providing to us a legible copy of the requested Transaction Record, Cardholder consent for a Preauthorized Order or Credit Record is ten (10) days after the date of the Card issuer’s retrieval request, or as specified in the notice from us.