PTS Transaction definition

PTS Transaction means all activity undertaken at the
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PTS Transaction means all activity undertaken at the PTS Outlet by an Authorised Customer or nominated third party, during a single visit to the PTS counter, which results in a cash withdrawal, and the cash withdrawal could be the withdrawal of one or more Payments.
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Examples of PTS Transaction in a sentence

  • The full details of the ID data capture requirement will be separately agreed between the Authority, the Prime Contractor and the PTS Provider having due regard and consideration for what it will be reasonable to undertake in the circumstances of a PTS Transaction (including what will be reasonable for Retailers to undertake) and with full regard to the Authority’s customer accessibility requirements.

  • The Authorised Customer will inform the Retailer, who will either, end the PTS Transaction, select the one Payment as indicated by the Customer or select the ALL option.

  • The PTS Provider shall ensure that all processes and checks as agreed between the PTS Provider and the Prime Contractor are carried out on each PTS Transaction in order to, wherever possible, prevent fraud.

  • If there are no Payments available then the terminal will end the PTS Transaction and the Retailer will hand the Card back to the Authorised Customer or third party permitted to access an Authorised Customers Payments along with a failed transaction receipt confirming that no Payments were available.