Formation of the contract. card complete has the right to accept or decline any application for a Card. The credit card contract comes into force upon delivery of the Card to the applicant (“Cardholder”). The Card remains the property of card complete. In addition to the Card, the Cardholder will receive, under separate cover, a PIN (Personal Identification Number) which can be changed as described under Item 17.8. The Cardholder will also receive a Visa Secure (ViS)/Mastercard ID Check (MCID) password (“Secure Code”) for use in the special ViS/MCID security systems (Item 17.2.) that allow the Cardholder to make secure payments via the encrypted data networks of Visa and Mastercard. This Secure Code can also be changed by the Cardholder (Item 17.3.). The PIN and the Secure Code will be disclosed only to the Cardholder.
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Samples: Visa Business Card Framework Agreement for Employee Cards With Company Guarantee, Visa Business Card Framework Agreement for Employee Cards, Framework Agreement for Employee Cards