Card Transaction Processing. User shall deliver all Card Transaction records electronically to Autobooks within the time frame required under the Rules, and shall retain such records for the period required by the Rules and applicable law. The preparation and delivery by User of Card Transactions shall constitute an endorsement and representation to Autobooks that each Card Transaction and all associated information submitted in connection therewith, is accurate, complete, and not misleading, and User authorizes Autobooks to place User’s endorsement on such Card Transaction. Autobooks reserves the right to refuse any Card Transaction that it reasonably suspects may be fraudulent or unauthorized, that may lead to chargebacks, or that may involve theft or unauthorized disclosure of Cardholder data. User is solely responsible for all Card Transactions submitted in connection with this Exhibit E, including but not limited to all acts, omissions, Cardholder disputes, and other Cardholder customer service-related issues. Autobooks is not responsible for any action or inaction taken by the financial institutions that issue Cards to Cardholders. Card Transactions will be settled through Bank or a third-party provider after Autobooks receives payment for such Card Transactions. Autobooks may, at any time and without prior written notice, suspend or cease providing any Card Processing Services if: (a) Autobooks reasonably suspects that User may be violating any applicable law, regulation, governmental or court order, or Rule, or that User’s use of the Card Processing Services (or the Card Processing Services themselves) may violate any of the foregoing;
Card Transaction Processing. Associated Fees - USAT shall act as and is hereby appointed the agent on behalf of Customer in connection with the processing of all card transactions (authorized and settled) by the payment processor or other private network in connection with the Customer’s Equipment, Customer’s consumer Prepaid/Loyalty accounts (i.e. loads and reloads), as well as consumer’s use of their Prepaid/Loyalty accounts at Customer’s Equipment. USAT shall retain a processing fee consisting of a percentage or a processing fee of a percentage + a set dollar amount per transaction of the gross sales price, for all card revenues derived from the Equipment. All processing fees charged to Customer, as selected by Customer, are predicated upon processor or private network authorized and settled transactions, and not from third party controllers providing DEX data or other forms of M2M data. See Schedule A-Fees. The net revenues (gross revenues less refunds, transaction processing fees, any consumer refund and/or chargeback fees from the card processor and/or fraudulent transactions or any other fee due to USAT hereunder) shall be remitted to Customer by USAT.
Card Transaction Processing. User shall deliver all Card Transaction records electronically to Autobooks within the time frame required under the Rules, and shall retain such records for the period required by the Rules and applicable law. The preparation and delivery by User of Card Transactions shall constitute an endorsement and representation to Autobooks that each Card Transaction and all associated information submitted in connection therewith, is accurate, complete, and not misleading, and User authorizes Autobooks to place User’s endorsement on such Card Transaction. Autobooks reserves the right to refuse any Card Transaction that it reasonably suspects may be fraudulent or unauthorized, that may lead to chargebacks, or that may involve theft or unauthorized disclosure of Cardholder data. User is solely responsible for all Card Transactions submitted in connection with this Exhibit D, including but not limited to all acts, omissions, Cardholder disputes, and other Cardholder customer service-related issues. Autobooks is not responsible for any action or inaction taken by the financial institutions that issue Cards to Cardholders. Card Transactions will be settled through Bank or a third-party provider after payment is received for such Card Transactions. Settlement of funds to User is subject to the applicable TPSP’s or FI’s receipt of funds from the financial institution from which the funds were withdrawn (and will remain subject to reversal if withdrawal is for any reason reversed). FI may place limitations on the availability of funds settled to the Primary Account and Autobooks will have no liability or obligation with respect to such limitations. User acknowledges and agrees that Autobooks does not receive, take possession of, or transmit any funds to User for settlement. Notwithstanding the foregoing, in the event Autobooks is deemed to receive, take possession of, or transmit User’s settlement funds, User acknowledges and agrees that such conduct is performed on behalf of User as User’s non-fiduciary, limited- purpose agent and that such funds will be deemed received by User upon Autobooks’ receipt. In such event, if Autobooks fails to remit those funds to User, User’s sole recourse is against Autobooks, not its customer. Autobooks may, at any time and without prior written notice, suspend or cease providing any Card Processing Services if: (a) Autobooks reasonably suspects that User may be violating any applicable law, regulation, governmental or court order, or Rule,...
Card Transaction Processing
