Common use of Honoring Cards Clause in Contracts

Honoring Cards. Merchant shall honor all valid cards when presented for payment of Debit transaction when such transactions can be initiated and completed electronically. If a technical malfunction prevents electronic initiation and completion of a transaction, Merchant is not obligated to complete such Debit transaction. Merchant shall treat transactions by any Debit Network cardholders in the same manner as transactions by any other cardholders as permitted by the Rules and law. Merchant may not require or request the cardholder's signature or any other means of verifying the cardholder's identity.

Honoring Cards. Merchant shall honor all valid cards Cards when presented for payment of Debit transaction Transactions when such transactions Transactions can be initiated and completed electronically. If a technical malfunction prevents electronic initiation and completion of a transactionTransaction, Merchant is not obligated to complete such Debit transactionTransaction. Merchant shall treat transactions Transactions by any Debit Network cardholders Cardholders in the same manner as transactions Transactions by any other cardholders Cardholders as permitted by the Rules and lawLaws. Merchant may not require or request ask for the cardholderCardholder's signature or any other means of verifying the cardholderCardholder's identity.

Honoring Cards. Merchant shall honor all valid cards when presented for payment of Debit transaction when such transactions can be initiated and completed electronically. If a technical malfunction prevents electronic initiation and completion of a transaction, Merchant is not obligated to complete such Debit transaction. Merchant shall treat transactions by any Debit Network cardholders in the same manner as transactions by any other cardholders as permitted by the Rules and law. Merchant may not require or request the cardholder's ’s signature or any other means of verifying the cardholder's ’s identity.