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Issuer:The BankorAssociation which has issued a Card to an individual. Referral: This message received from an IssuE ' " ``
<br /> MasterCard and Visa only issue Cards through Banks("Issuing Banks")while authorization requires a call to the Voice Auth�6.1.D. - Page 47
<br /> Discover may issue Cards directly or issue Cards through an Issuing Bank. Response Unit(VRU).
<br /> Limited Amount Terminal: A customer Activated Terminal that has data Reserve Account: A fund established and managed by us to protect
<br /> capture only capability,and accepts payment for items such as parking against actual or contingent liability arising from Chargebacks,adjustments,
<br /> garage fees,road tolls,motion picture theater entrance,or magnetic fees and other charges due to or incurred by us.
<br /> stripe telephones. Resubmission: A transaction that the merchant originally processed
<br /> Magnetic Stripe: A stripe of magnetic information affixed to the back of as a Store and Forward transaction but received a soft denial from the
<br /> a plastic Credit or Debit Card.The Magnetic Stripe contains essential respective debit network or Association.The Resubmission transaction
<br /> Cardholder and account information. allows the merchant to attempt to obtain an approval for the soft denial,
<br /> Media: The documentation of monetary transactions(i.e.,Sales Drafts, in which case you assume the risk that the transaction fails.
<br /> Credit Drafts,computer printouts,etc.) Retrieval Request/Transaction Documentation Request: A request for
<br /> Merchant Identification Card: A plastic embossed Card supplied to each documentation related to a Card transaction such as a copy of a Sales Draft
<br /> merchant to be used for imprinting information to be submitted with each °r other transaction source documents.
<br /> batch of paper Sales Drafts.Embossed data includes Merchant Account Sales Draft: Evidence of a purchase of goods or Services by a Cardholder
<br /> Number,name and sometimes merchant ID code and terminal number. from Client using a Card,regardless of whether the form of such evidence
<br /> Merchant Account Number(Merchant Number): A number that is in paper or electronic form or otherwise,all of which must conform to
<br /> Association Rules and applicable law.
<br /> numerically identifies each merchant,outlet,or line of business to the
<br /> Processor for accounting and billing purposes. Sales/Credit Summary: The identifying form used by a paper Submission
<br /> merchant to indicate a Batch of Sales Drafts and Credit Drafts(usually one
<br /> Merchant Processing Application: The Application executed by Client, day's work).Not a Batch header,which is used by electronic merchants.
<br /> Processor and Bank,which is one of the documents comprising the
<br /> Agreement. Schedules: The attachments,addenda and other documents,including
<br /> revisions thereto,which may be incorporated into and made part of this
<br /> Non-PIN Debit Card: A Debit Card with either a Visa,MasterCard or Agreement.
<br /> Discover mark that is tied to a Cardholder's bank account or a prepaid
<br /> account and which is processed without the use of a PIN. Self Service Terminals: A Customer Activated Terminal that accepts
<br /> payment of goods or services such as prepaid cards or video rental,has
<br /> Non-Qualified Interchange Fee: The difference between the interchange electronic capability,and does not accept PINs.
<br /> fee associated with the Anticipated Interchange Level and the interchange
<br /> fee associated with the more costly interchange level at which the trans- Services: The activities undertaken by Processor and Bank to authorize,
<br /> action actually was processed. process and settle all United States Dollar denominated Visa,MasterCard
<br /> and Discover Card transactions undertaken by Cardholders at Client's
<br /> Non-Qualified Surcharge: A surcharge applied to any transaction that location(s)in the United States,and all other activities necessary for
<br /> fails to qualify for the Anticipated Interchange Level and is therefore Processor and Bank to perform the functions required by this Agreement
<br /> downgraded to a more costly interchange level.The Non-Qualified for all other Cards covered by this Agreement.
<br /> Surcharge(the amount of which is set forth on the Service Fee Schedule) Servicers: For Visa and MasterCard Credit and Non-PIN Debit Card
<br /> is in addition to the Non-Qualified Interchange Fee,which is also your transactions.Bank and Processor collectively.The words"us"and"we"
<br /> responsibility(see above and Section 18.1). refer to Servicers.
<br /> Operating Procedures: The then-current manual prepared by Processor, Settlement Account: An account at a financial institution designated by
<br /> containing operational procedures,instructions and other directives Client as the account to be debited and credited by Processor or Bank for
<br /> relating to Card transactions.The current Operating Procedures are set Card transactions,fees,chargebacks and other amounts due under the
<br /> forth in the Program Guide. Agreement or in connection with the Agreement.
<br /> PAN Truncation: A procedure by which a Cardholder's copy of a Sales or Split Dial: A process which allows the authorization terminal to dial
<br /> Credit Draft will only reflect the last four digits of the Card. directly to different Card Processors(e.g.,Amex)for authorization.In this
<br /> PIN: A Personal Identification Number entered by the Cardholder to instance,the merchant cannot be both EDC and Split Dial.Split Dial is also
<br /> submit a PIN Debit Card transaction. utilized for Check Guarantee companies.
<br /> PIN Debit Card: A Debit Card used at a merchant location by means of a Split Dial/Capture: Process which allows the authorization terminal to
<br /> Cardholder-entered PIN in the merchant PIN Pad.PIN Debit Cards bear the dial directly to different Card processors(e.g.,Amex)for authorization and
<br /> marks of ATM networks(such as NYCE,Star). Electronic Draft Capture.
<br /> PIN Debit Sponsor Banks: The PIN Debit Sponsor Bank(s)identified on Store and Forward: A transaction that has been authorized by a merchant
<br /> the Application signed by you that is/are the sponsoring or acquiring when the merchant cannot obtain an authorization while the customer is
<br /> bank(s)for certain PIN Debit networks. present,typically due to a communications failure.The merchant will store
<br /> Point of Sale(POS)Terminal: A device placed in a merchant location the transaction electronically in their host system and retransmit the
<br /> which is connected to the Processor's system via telephone lines and is transaction when communications have been restored.
<br /> designed to authorize,record and transmit settlement data by electronic Submission: The process of sending Batch deposits to Processor for
<br /> means for all sales transactions with Processor. processing.This may be done electronically or by mail.
<br /> Processor: The entity identified on this Application(other than the Bank) Summary Adjustment: An adjustment to your Submission and/or
<br /> which provides certain services under this Agreement. Settlement Accounts in order to correct errors.(See Sections 103 and 10.4.)
<br /> Program Guide: The booklet which contains Operating Procedures, Telecommunication Card Sales: Individual local or long distance
<br /> General Terms,Third Party Agreements,and Confirmation Page,which, telephone calls,for which the telephone service provider is paid directly
<br /> together with the Merchant Processing Application and the Schedules by use of a Card.These do not include,however,calls paid for with pre-
<br /> thereto and documents incorporated therein,constitute your Agreement paid telephone service cards.Telecommunication Card Sales are
<br /> with Processor and Bank. considered Card Not Present Sales.
<br /> Recurring Payment Indicator: A value used to identify transactions for Transaction Fees: Service costs charged to a merchant on a per
<br /> which a consumer provides permission to a merchant to bill the consumer's transaction basis.
<br /> Card account at either a predetermined interval or as agreed by the Card- Us,We: See Servicers.
<br /> holder for recurring goods or services. You,Your: See Client.
<br /> WFB1301 33
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