What defines a Delayed Delivery Transaction?

A Delayed Delivery Transaction is characterized by a situation in which a cardholder engages in a single transaction but the final completion involves separate receipts or parts of the transaction being processed at different times. This can happen in scenarios like pre-orders or reservations, where a payment is made upfront, but the fulfillment or delivery occurs later. This definition aligns well with the nature of the transactions, which often include the initial payment being charged, followed by additional transactions for the delivery or collection process.

In contrast, the other options describe unrelated concepts. Immediate payment methods or those requiring swift completion suggest an instant or same-day processing, which differs fundamentally from delayed transactions where the payment is not fully completed until later. The refund process is specifically related to returns and does not encompass the idea of a transaction needing to be completed over time, while transactions without physical receipts typically pertain to digital or electronic forms of payment, not necessarily tied to the delayed fulfillment of a broader transaction.