Transaction amounts definition
Examples of Transaction amounts in a sentence
Unless permitted by the applicable Operating Regulations, Carrier shall not establish minimum or maximum Transaction amounts as a condition for honoring Cards.
Accordingly, Merchant will receive a Form 1099-K reporting its gross Transaction amounts for each calendar year.
For example cash advances or Transactions authorised by contactless readers may be subject to maximum Transaction amounts (per authorisation or within a period).
All Transaction amounts deducted for applicable Fees shall be allocated to the Merchant Payment Account and held by Processor and its banking partners in pooled accounts.
Bank or Company, in its sole discretion, may grant Merchant provisional credit for Transaction amounts in the process of collection, subject to receipt of final payment by Bank and subject to all Chargebacks.
If Merchant’s Registration process is not completed within thirty (30) days, or if Merchant does not provide Givex with requested information or documentation, or if Givex or Processor is not able to verify the Merchant information or documentation within thirty (30) days, Givex or Processor may suspend and/or block Merchant’s ability to accept payments from Customers, and further terminate this Terms and Conditions and/or return all Transaction amounts made prior to such time to the Customers.
For example Transactions authorised by contactless readers may be subject to maximum Transaction amounts (per authorisation or within a period).
Carrier understands and agrees that Member or Servicer is responsible to make payment to Carrier for only those Transaction amounts delivered by such agent to the Card Associations, less amounts withheld by Member or Servicer pursuant to the Agreement, and Carrier is responsible for any failure by such agent to comply with any Operating Regulations, including any such failure that results in a Chargeback.
Transaction amounts conducted using your Check Card or your ATM Card are limited to the available balance in your Designated Account plus your available overdraft protection, if any, and are subject to further limitations as stated below.
It is your responsibility to correctly enter all information into an ATM or other system or equipment with which you undertake a Transaction or information request using a Card or Card details including any Transaction amounts.