Card Not Present Transaction definition

Card Not Present Transaction means a transaction between a Merchant and a Cardholder using a Card that is not physically presented to the Merchant at the time of the transaction, such as transactions initiated over the Internet, telephone, through mail-order or fax.

Card Not Present Transaction means a transaction effected in a merchant environment where the Card Holder and the Visa Debit Card are not physically present at the time of usage. Typical Card-Not-Present Transactions include but are not limited to internet-based transactions, mail, telephone or facsimile orders or reservations or recurring payments.

Card Not Present Transaction means card payment(s) for purchase(s) without the need for

Examples of Card Not Present Transaction in a sentence

• In addition to the CVV, the Cardholder may be required to key in a Transaction Authentication Code, also known as the One-Time Password (“OTP”), to make Card Not Present Transaction at participating 3D secure merchants.

• Regional classification is provided by the World Bank Global Financial Development database.Con is conventional Banks.

• Before accepting any Card Not Present Transaction, please ensure your Agreement allows you to do so.

• You will use a Transaction Receipt to document each Card Present and Card Not Present Transaction.

• If You, at any time, accept a Card Not Present Transaction without the prior approval of the Bank, the Bank may immediately terminate this Agreement and chargeback to You the value of all Transactions processed by the Bank from the date of this Agreement to the date of such termination.

More Definitions of Card Not Present Transaction

Card Not Present Transaction means a transaction effected in a Merchant environment where You and the Singlife card are not physically present at the time of usage. Typical Card-Not-Present transactions include but are not limited to internet- based transactions, mail, telephone or facsimile orders or reservations or recurring payments;

Card Not Present Transaction or “CNP” mean a Point of Sale Transaction in which the Buyer uses a Card but is not present at the point of sale;

Card Not Present Transaction means a debit transaction made where the cardholder is not physically present with the Debit Card at the time that the payment is effected; for example, online purchases or transactions made by mail or telephone order.

Card Not Present Transaction means card payment(s) for purchase(s) without the need for physical

Card Not Present Transaction has the meaning set forth in Section 4(a).

Card Not Present Transaction means a Point of Sale Transaction in which the Buyer uses a Card but is not present at the point of sale;

Card Not Present Transaction means card transaction made where the Cardholder is unable to physically present the card when payment for the particular transaction is affected including but not limited to online, auto-debit, Mail Order and Telephone Order (MOTO) transactions.