Sales Draft definition

Sales Draft means the paper form, whether electronically or manually imprinted, evidencing a sale Transaction.

Sales Draft means evidence of a purchase of goods or services by Cardholder from Merchant using a Card, regardless of whether the form of such evidence is in paper, electronic or otherwise, all of which must conform to Card Brand Rules.

Sales Draft means the relevant payment slips, forms or papers supplied by the Bank or any member institution of Visa International or MasterCard International to the Authorised Merchant for the purpose of recording, confirming and evidencing purchases of goods and/or services incurred by the Cardholder through the use of VISA/MASTERCARD CARD;

Examples of Sales Draft in a sentence

• Regardless of the terms and conditions of any written preauthorization form, the Sales Draft amount for any lodging or vehicle rental Transaction must include only that portion of the sale, including any applicable taxes, evidencing a bona fide rental of real or personal property by Merchant to the Cardholder and may not include any consequential charges.

• Cardholders must execute one Sales Draft upon making a deposit with a Card and a second Sales Draft upon paying the balance.

• A PIN-Debit Sales Draft shall be made available to the Cardholder at each terminal.

• You will not deposit any Sales Draft representing the refinancing of an existing obligation of a Cardholder.

• You will note upon the Sales Draft the words “deposit” or “balance” as appropriate.

More Definitions of Sales Draft

Sales Draft means the paper form, approved in advance by Bank, whether such form is electronically or manually imprinted, evidencing a sale Transaction. “Transaction” means any sale of goods and services, or credit for such, from a Merchant for which Bank makes payment through the use of any Card and which is presented to Bank for collection.

Sales Draft means a receipt of acknowledgement provided to the Cardholder subsequent to a Transaction, which is a binding contract between Merchant and the Cardholder.

Sales Draft means an electronic record which is created to evidence purchase of goods or services by a Cardholder from BlueSnap using a Card that is in compliance with the Card Organization Rules.

Sales Draft refers to paper or electronic evidence of a purchase, rental or lease of goods or services by a Cardholder from, and other payments to, Merchant using a Card. It includes preauthorization orders and recurring transactions (unless the context requires otherwise). The Sales Draft must conform to the terms of this Agreement, as well as all Rules, Laws, and Operating Regulations.

Sales Draft means the paper form approved in advance by SPS, whether such form is electronically or manually imprinted, evidencing a sale Transaction.

Sales Draft means the written form or electronic format used in consummating credit card sales transactions charged to the account of a Merchant's customer.

Sales Draft means the form approved or provided by us to be used to record the purchase of goods and/or services from you by use of a Card;