security service definition
Examples of security service in a sentence
During the period when the Card Security Service is suspended, transactions on the card in question shall not be refuded (including in case of third-party illegal/fraudulent use of the Customers’ cards and/or errors occuring during the Customers’ purchase transactions (acquisition of goods/services)).
If the Customer buys the Card Security Service less than 1 (one) calendar year before the card’s expiry date, the Bank will provide the card security service until the card’s expiry date in return for the annual fee paid by the Customer.
For the purpose of charging the fee, the term of the Security Service shall be deemed started on the date of Card Security Service registration (the effective date of the Service) and continue until the expiry date of the card.
The service applies to payment card(s) selected/indicated in the Card Security Service Application and the account(s) linked thereto.
Service corresponding to the Card Security Service shall be deemed as suspended, if the annual commission fee cannot be deducted from the customer’s account for any reason.