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

• The No Signature Program allows establishments not to request a signature from Cardholders on the Sales Draft.

• The Cardholder’s copy of the Sales Draft, as well as your copy, must clearly display this information near or above the Cardholders signature.

• Within 24 hours of receipt of any written or verbal request by Bank or NMS, Merchant shall provide either the actual paper Sales Draft or a legible copy thereof, in size comparable to the actual Sales Draft, and any other documentary evidence available to Merchant and reasonably requested by Bank or NMS to meet Bank’s or NMS’s obligations under law (including its obligations under the Fair Credit Billing Act, 15 U.S.C. § 1601 et seq.) or otherwise to respond to questions concerning Cardholder accounts.

• Xxxxxxxx agrees that Bank may not deposit total Sales Draft dollar volume in excess of the implicitly approved monthly volume.

• Processing a Card Not Present Charge for American Express Transactions you must: • Submit the Charge to American Express; For Card Not Present Charges, you must create a Sales Draft and ask the Cardholder to provide: • Card number; • Card expiration date; In addition, it is recommended that you ask for: • Name as it appears on the Card, • Cardholder’s billing address, and • Ship-to address, if different from the billing address.

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;