Laserfiche WebLink
Rev. 2024-08-06 pg. 6 <br /> <br />4.1.4. That is not a valid transaction between the Sub-merchant and a bona fide <br />Cardholder. <br />4.1.5. That Sub-merchant knows or should have known to be fraudulent or not authorized <br />by the Cardholder, or that it knows or should have known to be authorized by a Cardholder <br />colluding with a third party for a fraudulent purpose. <br />4.1.6. That Sub-merchant completes the transaction, and products were not shipped or the <br />services were not performed, unless the Sub-merchant has obtained Cardholder consent for a <br />recurring transaction. <br />4.1.7. That a valid authorization was required but was not obtained. <br />4.1.8. That is a transaction made up of multiple authorizations for amounts less than the <br />total sale amount. <br />4.1.9. That results in a disbursement of cash or cash equivalent to a Cardholder. <br />4.1.10. That establishes a maximum dollar sale transaction amount, except to the extent <br />authorized by the Operating Regulations. <br />4.2. Refund Transactions. Sub-merchant will not submit any refund transaction to Provider <br />and/or Processor: <br />4.2.1. That does not correlate to an original sales transaction from the Cardholder. <br />4.2.2. That exceeds the amount shown as the total on the original sale transaction, unless <br />the excess represents the exact amount required to reimburse the Cardholder for postage paid by <br />the Cardholder to return merchandise in accordance with a policy applied consistently by the Sub- <br />merchant to all its customers. <br />4.2.3. For returned products that were acquired in a cash purchase from the Sub-merchant. <br />4.2.4. That would cause an overdraft. <br />4.2.5. More than three (3) business days following either: (i) a regulatory requirement <br />granting a Cardholder’s right to a refund; or (ii) a non-disputed Cardholder request. <br />4.3. Other Prohibited Activities. Sub-merchant will not: <br />4.3.1. Use any Cardholder data or other transaction data received from a payor for any <br />purpose not authorized by this Agreement. <br />4.3.2. Disclose any Cardholder data or other transaction data to any entity except for <br />necessary disclosures to affected Cardholders and Provider and through Processor to affected <br />Association entities. <br />4.3.3. Provide to Processor any inaccurate, incomplete, or misleading information. <br />4.3.4. Transfer or attempt to transfer, its financial liability by asking or requiring <br />Cardholders to waive their dispute rights.