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PAYMENT RESOURCES INTERNATIONAL 1 - 2004
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PAYMENT RESOURCES INTERNATIONAL 1 - 2004
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Last modified
1/3/2012 2:19:42 PM
Creation date
4/5/2004 3:34:35 PM
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Contracts
Company Name
Payment Resources International
Contract #
N-2004-024
Agency
Finance & Management Services
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<br />(c) The signature on the Transaction Draft is the same as that contained on the signature panel of the <br />Bank Card (which signature may, but need not be the name embossed or printed on such Bank Card), or <br />the Cardholder resembles the person depicted in the picture (if any) on the Bank Card; <br />(d) If City are using an EDC Terminal that reads the magnetic stripe on the Bank Card, the embossed <br />account number on the Bank Card matches the account number displayed and/or printed ftom the EDC <br />Terminal; <br />(e) Ifthe Bank Card contains optional security features, the embossed account number on the face of <br />the Bank Card matches the account number indent printed on the signature panel; and <br />(f) City obtain Authorization for the Transaction. <br /> <br />5. Authorization of Transaction. City shall obtain Authorization before completing each Transaction. If <br />City fails to obtain Authorization for any Transaction, City shall in all events be responsible for such <br />Transaction, and the Discount Rate otherwise applicable thereto shall be increased by 1.5 percentage <br />points. <br /> <br />Except as otherwise provided in these Additional Terms and Conditions, City shall request <br />Authorization for the total amount of the Transaction. If an expired Bank Card is presented and City is <br />not an EDC merchant, City must contact the Authorization Center by telephone. If the Authorization <br />Center grants Authorization, City shall type or legibly print the Authorization approval code on the <br />Transaction Draft. An Authorization is effective only for that specific Transaction and shall not <br />constitute a waiver of any other requirement. City shall type or legibly print both approval codes on the <br />Transaction Draft. City shall in all events be responsible for the Transaction regardless of any <br />Authorization if City complete a Bank Card when: <br />I) the Cardholder is present and does not have his or her Bank Card; 2) the signature on the <br />Transaction Draft is unauthorized as compared to the signature appearing on the panel of the Bank <br />Card; or, 3) the signature panel on the Bank Card is blank and City do not comply with these Addition <br />Terms and Conditions(unsigned card). Authorization of a Transaction shall in no event limit or <br />preclude PRI from refusing to accept or revoking its receipt of a Transaction Draft as provided in <br />Section 8 of these Additional Terms and Conditions. <br /> <br />6. Unsigned Bank Card. If a Bank Card is not signed, before completing the Transaction, City must; <br />(a) Obtain Authorization; <br />(b) Obtain and review positive identification to determine that the user is the <br />Cardholder; <br />(c) Unless otherwise prohibited under applicable law, indicate such positive identification (including <br />any serial number and expiration on the Sales Draft; and require the Cardholder to sign the signature <br />panel of the Bank Card. Positive identification must consist of a current, official government <br />identification document such as a passport, driver's license, or state identification card that bears the <br />Cardholder's signature. If recording of information is prohibited under applicable law, City should note <br />the type of additional identification (but not record the information contained therein) <br />on the Transaction Draft. <br /> <br />7. Code Ten. City shall telephone the Authorization Center and state to the Authorization clerk "This <br />is a Code Ten" under the following circumstances: <br /> <br />9 <br />
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