Payment Machine definition

Payment Machine means a machine that accepts a Credit Card as payment for a transaction.
Payment Machine or “POS (Point of Sale) terminal” means an electronic machine that accepts a Credit Card and/or card details as payment for a transaction.
Payment Machine means a machine capable of accepting a Card as payment for a transaction;

Examples of Payment Machine in a sentence

  • To authorise a transaction the Cardholder must enter the PIN on the PIN pad attached to the Payment Machine.

  • You may use the Credit Card in conjunction with the PIN at a Payment Machine.

  • The Cardholder may use the Card in conjunction with the PIN at a Payment Machine.

  • The Cardholder may use the Card in conjunction with the PIN or other Security Credentials to authorise a transaction at a Payment Machine.

  • If we do this, the Payment Machine will display the information that the Transaction has been declined and/or we may write to you and/or contact you by telephone and/or any other form of communication you have requested.

  • Go to your selected printer, insert your Octopus Card into the Octopus Payment Machine at printer, and then follow the guides posted near printer to print your job out.

  • If we do this, the Payment Machine will display the information that the Transaction has been declined and/or we may write to you and/or contact you by telephone and/ or any other form of communication you have requested.

  • You may use the Credit Card in conjunction with the PIN to authorise a transaction at a Payment Machine.

  • Limited Payment Machine Rules..................................................................

  • For the payment process to becomecompleted the request is initiated by the state of a component called POS Payment Machine System shown in Figure 4.5. There is no need to go through all the usual steps at POS Payment Machine for making a payment.


More Definitions of Payment Machine

Payment Machine means an apparatus in a pay on exit parking place where the user is required to input their vehicle registration number into the machine and then pay a parking charge dependant on the amount of time their vehicle has remained in the parking place;
Payment Machine means a machine capable of accepting a Card as
Payment Machine means a machine that accepts a Credit Card as payment for a transaction. PLEASE COMPLETE IN BLOCK CAPITALS
Payment Machine a machine capable of accepting the Card and/or Card details as payment for a Transaction; “PIN” – your personal identification number issued by us to you, generally required at point of sale, or at an Automated Teller Machine (“ATM”), in order to authorise a Transaction;

Related to Payment Machine

  • Slot machine means a mechanical or electronic gambling game device into which a player may deposit currency or forms of cashless wagering and from which certain numbers of credits are awarded when a particular configuration of symbols or events is displayed on the machine.

  • Payment card means a credit card, charge card, debit card, or any other card that is issued to an authorized card user and that allows the user to obtain, purchase, or receive goods, services, money, or anything else of value from a merchant.

  • ticket machine means an apparatus of a type and design approved by the Secretary of State for Transport for the purpose, inter alia of this Order, being apparatus designed to indicate the time by a clock and to issue parking tickets to show that a payment has been made of an amount or for a period specified thereon and which specify the date and either the time of such payment or the time at which the vehicle must leave the parking place;

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.

  • Vending machine means a self-service device that, upon insertion of a coin, paper currency, token, card, or key, or by optional manual operation, dispenses unit servings of food in bulk or in packages without the necessity of replenishing the device between each vending operation.

  • Payment Ahead means, with respect to a Precomputed Receivable and a Collection Period, any Excess Payment (not representing, when added to any Deferred Prepayment with respect to such Precomputed Receivable, a prepayment in full of such Precomputed Receivable) which the Servicer, in accordance with its customary servicing practices, will apply towards the payment of Scheduled Payments due in one or more future Collection Periods.

  • Mistaken Internet Payment means a payment by a user through a ‘Pay Anyone’ internet banking facility and processed by an ADI through direct entry where funds are paid into the account of an unintended recipient because the user enters or selects a Bank/State/Branch (BSB) number and/or identifier that does not belong to the named and/or intended recipient as a result of:

  • Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.

  • Virtual Machine means a software container, implementation, or emulation of a Computer (i.e., a physical device) that runs its own operating system and executes application programs like a physical Computer.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • payment system means a funds transfer system with formal and standardised arrangements and common rules for the processing, clearing and/or settlement of payment transactions;

  • Delta Payment means as it is described in this Agreement.

  • Payment Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in Stockholm and Frankfurt am Main and on which the Clearing System settles payments in the Issue Currency.

  • Net Payment With respect to any Distribution Date on or prior to the Swap Contract Termination Date, an amount equal to the sum of (i) any Current Interest and Interest Carry Forward Amounts in respect of the Benefited Certificates, (ii) any Net Rate Carryover in respect of the Benefited Certificates, (iii) any Unpaid Realized Loss Amounts in respect of the Benefited Certificates and (iv) any Overcollateralization Deficiency Amount, in each case remaining unpaid (or in the case of Overcollateralization Deficiency Amount, remaining) following the distribution to the Benefited Certificates of Excess Cashflow and Credit Comeback Excess Cashflow pursuant to Section 4.04(c) of the Pooling and Servicing Agreement. With respect to any Distribution Date after the Swap Contract Termination Date, zero.

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • Radiation machine means any device capable of producing radiation except those devices with radioactive material as the only source of radiation.

  • Original equipment manufacturer means a company that manufactures products that it has designed from purchased components and sells those products under the company's brand name.

  • Payment Amount as defined in Section 3.5.

  • Payment Plan means the schedule of payment prescribed in Schedule C;

  • Integrated Digital Loop Carrier means a subscriber loop carrier system that is twenty-four (24) local Loop transmission paths combined into a 1.544 Mbps digital signal which integrates within the switch at a DS1 level.

  • Next Payment means, in respect of each Next Payment Date, the greater of (i) the amount of any payments due to be made by Party A under Section 2(a) on such Next Payment Date less any payments due to be made by Party B under Section 2(a) on such Next Payment Date (in each case, after giving effect to any applicable netting under Section 2(c)) and (ii) zero.

  • Premium payment plan means a benefit plan whereby state and

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Debit Payment means a particular transaction where a debit is made.