Credit card system definition

Credit card system means any method or procedure used to process credit card transactions involving cred- it cards issued or licensed by the oper- ator of that system.
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Credit card system means any method or procedure used to process credit card transactions involving credit cards issued or licensed by the operator of that system.
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Credit card system means anymethod or procedure used to generate, transmit, or process for payment a credit card sales draft.
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Examples of Credit card system in a sentence

  • Credit card system operators activity reporting requirements) (see 31 CFR 103.17).

  • Credit card system means any method or procedure used to process credit card transactions involving credit cards issued or licensed by the operator of that system.

  • Introduction to Web security, Firewalls & Transaction Security, Client Server Network, Emerging Client Server Security Threats, firewalls & Network Security.Electronic payment System, Introduction, Types of Electronic payment system, Payment types, Traditional payment, Value exchange system, Credit card system, Electronic funds transfer, Paperless bill, Modern payment cash, Electronic cash , online Banking.

  • Council will operate a Corporate Credit card system which permits an appropriate level of cards to be issued to operational staff throughout the organisation.

  • The cost per gallon savings is $0.184 for unleaded gasoline and $0.244 for diesel fuel; and Credit card system provides monthly reports on fuel purchases for each vehicle.

  • Figure 2 depicts the same data in a bar graph format for easier comparison between categories. Credit card system malfunctioning - The most commonly mentioned factors contributing to incomplete transactions relate to the credit card system malfunctioning (n= 54).

  • A service and information kit will be sent via email or U.S. Mail to each exhibitor by our official decorator for CABE 2019.

  • Also perhaps less restricted use of the GMIT Credit card system would facilitate quick or emergency purchase of resources.

  • Credit card system should be there so that customers get more options and as shariah based bank they don’t offer such products.

  • As the trial court properly noted, “The purpose of a position statement is to summarize your respective positions, not to bring up new issues.” Noting the plaintiffs’ objection, the court instructed the parties to move forward with the hearings, and heard testimony of thirteen witnesses over four days.


More Definitions of Credit card system

Credit card system means anyDep’t of Fin. Insts., Dep’t of Banking method or procedure used to process2007). Order, available at (http:// www.wdfi.org/_resources/indexed/site/ newsroom/admin_orders/mb_2007/ NationalLegalDebtCenters.pdf)40. In re Debt Relief Network, Inc. (Wisc. Dep’t of Fin. Insts., Dep’t of Banking 2007). Order, available at (http://www.wdfi.org/_resources/ indexed/site/newsroom/admin_orders/ mb_2007/DebtReliefNetworkInc.pdf)41. In re Fin. Freedom Through Negotiations (Wisc. Dep’t of Fin. Insts., Dep’t of Banking 2007). Order, available at (http://www.wdfi.org/_resources/658 In addition to the state cases provided in this List, the Commission is aware of 10 additional matters submitted by NAAG in a supplemental comment dated July 6, 2010: In re United Debt Svcs., LLC (W. Va. 2010); West Virginia v. Nat’l Credit Solutions (W. Va. 2010); West Virginia v.Sherman Enters., LC dba Nationwide Credit Solutions, GSV Ltd., and Glen S. Vondielingen (W. Va. 2009); Joseph B. Doyle, Adm’r, Fair Bus.Practices Act v. Solve Debts, Inc., No. 2009-CV- 1777490 (Ga. 2009); Joseph B. Doyle, Adm’r, Fair Bus. Practices Act v. The Credit Exch. Corp., No. 2009-CV-179467 (Ga. 2009); Joseph B. Doyle, Adm’r,Fair Bus. Practices Act v. Beacon Debt Settlement, Inc., No. 2010-CV-185216 (Ga. 2010); Joseph B.Doyle, Adm’r, Fair Bus. Practices Act v. Johnson Law Group (Ga. 2010).credit card transactions involving credit cards issued or licensed by the operator of that system.
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Credit card system means VISA Europe Services Inc., VISA International Services Association, VISA Europe Limited and any other VISA entity, as appropriate.
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Credit card system means anymethod or procedure used to processcredit card transactions involving credit cards issued or licensed by the operator of that system.
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Related to Credit card system

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;

  • Credit Card Issuer means any Person (other than a Loan Party) who issues or whose members issue credit cards or debit cards, including, without limitation, MasterCard or VISA bank credit or debit cards or other bank credit or debit cards issued through MasterCard International, Inc., Visa, U.S.A., Inc. or Visa International and American Express, Discover, Diners Club, Xxxxx Xxxxxxx and other non-bank credit or debit cards, including, without limitation, credit or debit cards issued by or through American Express Travel Related Services Company, Inc. or Discover Financial Services, Inc.

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Private label credit card means any charge card, credit card, or other instrument serving a similar purpose that carries, refers to, or is branded with the name or logo of a vendor and that can only be used for purchases from the vendor.

  • Credit Card Agreement means each form of credit card agreement between Seller and an Accountholder, including credit card agreements assigned to Seller pursuant to any purchase agreement, governing the use of an Account, together with any amendments, modifications, supplements, notices, disclosures, exhibits, annexes or attachments which now or hereafter may be made to or in connection with such Credit Card Agreement (and any replacement of such agreement).

  • Credit Card Agreements means all agreements now or hereafter entered into by any Borrower or any Guarantor for the benefit of any Borrower, in each case with any Credit Card Issuer or any Credit Card Processor, as the same now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced, including, but not limited to, the agreements set forth on Schedule 8.16 hereto.

  • Credit Card Notification has the meaning assigned to such term in Section 5.11.

  • Credit Card Guidelines means the respective policies and procedures of the Account Owner, as the case may be, as such policies and procedures may be amended from time to time, (a) relating to the operation of its credit card business, which generally are applicable to its portfolio of revolving credit card accounts and in each case which are consistent with prudent practice, including the policies and procedures for determining the creditworthiness of credit card customers and the extension of credit to credit card customers, and (b) relating to the maintenance of revolving credit card accounts and collection of credit card receivables.

  • Credit Card Processor means any servicing or processing agent or any factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to any Borrower’s or Guarantor’s sales transactions involving credit card or debit card purchases by customers using credit cards or debit cards issued by any Credit Card Issuer.

  • Credit Card Notifications has the meaning provided in Section 6.13(a)(i).

  • Card Account means the account maintained with the Bank in respect of the Card;

  • Credit Card Advance Rate means 90%.

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.

  • Card Network means a payment card network, including the network operated by each of Visa, Mastercard, American Express and Discover.

  • Card Issuer means the financial institution or company which has provided a Card to a Cardholder.

  • Cardholder(s) persons authorized to use Association or Network branded cards.

  • Card Services means the services that can be availed of using your Card.

  • Customer Facility means Generation Facilities or Merchant Transmission Facilities interconnected with or added to the Transmission System pursuant to an Interconnection Request under Subpart A of Tariff, Part IV. Customer Interconnection Facilities:

  • Credit/Debit Card means a thin plastic card that contains identification information, with the help of which the cardholder can pay for purchases and services, as well as withdraw cash from the account.

  • Card means the Visa credit card and any duplicates, renewals, or substitutions the Credit Union issues to you; "account" means your Visa credit card line-of-credit account with the Credit Union; and "Credit Union" means the Credit Union whose name appears on this Agreement or anyone to whom the Credit Union transfers this Agreement.

  • Processing facility means an establishment that prepares, treats, or converts tangible personal property into finished goods or another form of tangible personal property. The term includes a business engaged in processing agricultural, aquacultural, or maricultural products and specifically includes meat, poultry, and any other variety of food processing operations. It does not include an establishment in which retail sales of tangible personal property are made to retail customers.

  • Merchant means a company, firm or other organisation accepting either all Cards as a means of payment for goods and/or services or at least one type of Card for business to business transactions.

  • Cash Management System shall have the meaning assigned to such term in Section 9.01.

  • Seller credit card means either of the following:

  • Eligible Credit Card Receivables means at the time of any determination thereof, each Credit Card Receivable that satisfies the following criteria at the time of creation and continues to meet the same at the time of such determination: such Credit Card Receivable (i) has been earned by performance and represents the bona fide amounts due to a Borrower from a credit card payment processor and/or credit card issuer, and in each case originated in the ordinary course of business of such Borrower, and (ii) is not ineligible for inclusion in the calculation of the Borrowing Base pursuant to any of clauses (a) through (k) below. Without limiting the foregoing, to qualify as an Eligible Credit Card Receivable, an Account shall indicate no Person other than a Borrower as payee or remittance party. In determining the amount to be so included, the face amount of an Account shall be reduced by, without duplication, to the extent not reflected in such face amount, (i) the amount of all accrued and actual discounts, claims, credits or credits pending, promotional program allowances, price adjustments, finance charges or other allowances (including any amount that a Borrower may be obligated to rebate to a customer, a credit card payment processor, or credit card issuer pursuant to the terms of any agreement or understanding (written or oral)) and (ii) the aggregate amount of all cash received in respect of such Account but not yet applied by the Loan Parties to reduce the amount of such Credit Card Receivable. Any Credit Card Receivables meeting the foregoing criteria shall be deemed Eligible Credit Card Receivables but only as long as such Credit Card Receivable is not included within any of the following categories, in which case such Credit Card Receivable shall not constitute an Eligible Credit Card Receivable:

  • Debit Card Transaction means an electronic payment using a Card for the purchase of goods or services (which can include payment for CashBack), by a Cardholder, to a Retailer displaying the Visa logo and/or who is in the Visa Scheme.