USING THE CARD. 2.1. If the Card User wants to make a Transaction using their Card or Card details, they will need to authorize it by using their Card, a PIN number, your signature or other security code, password, biometric data or other personal identifier, or a combination of these. Where contactless payments are available, they can also authorize a Transaction by touching the payment terminal with their card or device. We can’t cancel or stop a Transaction once they have authorized it. 2.2. The Card may only be used in accordance with the Agreement and we have the right to restrict the services/facilities provided pursuant to the issue/usage of the Card at our sole discretion and terms. 2.3. Subject to sufficient Available Funds and any restrictions in the Agreement, the Card can be used worldwide at ATMs, POS Terminals or E-commerce website or any card operated machine or device, whether belonging to us or other participating banks or financial institutions where logos appearing on the Card are displayed/ accepted and any other services so authorized on the Card by us. The Card may also be used at any Merchant location that accepts the Transaction for processing or displays the logo appearing on the Card. The Card may be used for retail purchases, cash withdrawals, purchase of goods and services via the internet, telephone, facsimile and mail order or for any other services approved by us, for Transaction values not exceeding the Limit (subject always to sufficient Available Funds) from time to time. 2.4. The Available Funds will be reduced by the full amount of each Transaction plus any applicable Charges. 2.5. Due to restrictions, the Card may not operate in some countries and may not be accepted at some Merchant locations which are not in compliance with either our internal policies or those whose MCC’s have been blocked by us. 2.6. Merchants that accept the Card are required to seek authorization from us or through any appointed payment processor for all Transactions that are made and we cannot stop a Transaction once authorized. Some Merchants may not be able to authorize the Card Transaction if they cannot obtain an online authorization from us. 2.7. Some Merchants, may place a hold on an amount greater than the value of Transaction that the Card User wishes to make, which requires a pre-authorization for such an amount. This requires the Card User to have Available Funds greater than the value of the expected Transaction. This extra amount will be reserved to cover things like tips/gratuities, temporarily reducing the balance available on the Card. However, the Card will only be charged for the actual and final amount of the Transaction you make. Excess amounts held beyond the final Transaction amount will be released within 21 days. 2.8. The Card is only meant for the Card Holder’s use and expires on the date on the front of the Card and may be extended for a limited period subject to the Agreement. Upon expiry, you may be able to transfer the remaining funds to a new Card in accordance with our prevailing policy. 2.9. You agree that the Card will not be used in any manner that could damage, disable, overburden or impair the Card. You also agree that the Card will not be used for money transfers, accessing or purchasing goods from adult or gambling locations or internet sites, or for any other unlawful activity or other restricted merchants as applicable. 2.10. You must comply with all applicable laws and regulations (including any foreign exchange controls) with respect to the Card in the issuing country and the country of use. We reserve the right to suspend the Card, terminate this Agreement and exercise any other remedies available to Us due to your failure to comply with any part of this provision. You agree that we have no obligation to monitor, review or evaluate the legality of your Transactions and that such actions shall be your sole responsibility. We are not liable for any prohibited use or misuse of the Card whatsoever. The Card can only be used if it has sufficient Available Funds, and the Card User is solely responsible for ensuring that there are sufficient Available Funds for an intended Transaction. If, for any reason whatsoever, an intended Transaction causes the Card to be debited in excess of the Available Funds (whether by use of the Card or towards any fees or charges), You are responsible for any shortfall on the Card. 2.11. We are entitled to set off any sum of money on the Card due from you to us against any positive balance in the Account held by You with Us. 2.12. If you are entitled to a refund for goods or services purchased using the Card, or another credit for any other reason, such refund or credit will be made to the Card, in the applicable currency thereby increasing the Available Funds. 2.13. Our record of any Transaction shall be final and binding. You will not be provided with a printed statement, and can check your Available Funds via the dedicated Mobile app. You may also be able to make a balance enquiry at some ATMs, although availability is dependent on the country and the ATM used and there may be a fee payable (to the ATM operator) for balance enquiries. It is your responsibility to keep track of the Available Funds. You acknowledge that the amount stated on the ATM screen or a printed slip or receipt advice shall not for any purpose whatsoever be taken as a conclusive or up to date statement of the Card. 2.14. You acknowledge that the available balance in the Card may be different from the balance amount as displayed through any channel, due to pending Transactions or other blocked amounts (being amounts transacted but not processed) relevant to the Card.
Appears in 3 contracts
Samples: Card Terms and Conditions, Card Terms and Conditions, General Terms and Conditions
USING THE CARD. 2.1. If the Card User wants to make a Transaction using their Card or Card details, they will need to authorize it by using their Card, a PIN number, your signature or other security code, password, biometric data or other personal identifier, or a combination of these. Where contactless payments are available, they can also authorize a Transaction by touching the payment terminal with their card or device. We can’t cancel or stop a Transaction once they have authorized it.
2.2. 3.1 The Card may only be used in accordance with the Agreement and we have the right to restrict the services/facilities provided pursuant to the issue/usage of the Card at our sole discretion and terms.
2.3. Subject to sufficient Available Funds and any restrictions in the Agreement, the Card can be used worldwide at ATMsATMs and Merchants, POS Terminals or E-commerce website or any card operated machine or deviceincluding shops, whether belonging to us or other participating banks or financial institutions where logos appearing restaurants and online, providing there are sufficient funds available on the Card are displayed/ accepted and for the transaction, including any other services so authorized on the Card by usapplicable fees. The Card may also be used at any Merchant location that accepts the Transaction for processing or displays the logo appearing on the Card. The Card may be used for retail purchases, cash withdrawals, purchase of goods and services via the internet, telephone, facsimile and mail order or for any other services approved by us, for Transaction values not exceeding the Limit (subject always to sufficient Available Funds) from time to time.
2.4. The Available Funds will be reduced by the full amount of each Transaction plus any applicable Charges.
2.5. Due to restrictions, the Card may not operate in some countries or geographical regions, due to restrictions. Please verify the list of countries and may regions with restrictions at xxx.xxxxxxxxxxxxx.xxx/xxxxxxxx. We offer no guarantee that the Card can be used at any particular location. We will not accept any liability where the Card cannot be accepted at some Merchant locations which are not in compliance with either our internal policies or those whose MCC’s have been blocked by usused.
2.63.2 Subject to clauses 3.3 and 8.3, the applicable Currency balance (and therefore the total Card Fund) will be debited with the amount of each cash withdrawal or transaction plus any fee, and these debits will reduce the balance of the applicable Currency (and therefore the total Card Fund). Merchants that accept the Card are required to seek authorization authorisation from us or through any appointed payment processor for all Transactions the transactions that are made you make and we cannot stop a Transaction transaction once authorizedauthorised.
3.3 If there are insufficient funds in a particular Currency to pay for a transaction, the balance of the transaction will be automatically processed using other Currencies held on the Card in the following order of priority: GBP, EUR, USD, AUD, CAD, NZD, ZAR, TRY, CHF and AED. Some Merchants If, following use of the available balances of all Currencies, there are still insufficient funds to pay for a transaction, the Card may be declined or the Merchant may allow you to pay the balance by some other means. If we change the Currencies available to you in connection with the Card, then we will notify you of the new order of priority for the purposes of the Agreement directly and/or through xxx.xxxxxxxxxxxxx.xxx/ explorer. We will not be able to authorize liable for any additional cost and or charges incurred as a result.
3.4 When using the Card Transaction if they cannot obtain at certain Merchants including bars and restaurants, an online authorization from us.
2.7. Some Merchants, may place a hold on additional amount (typically 10%-20%) is automatically added as an amount greater than the value of Transaction that the Card User wishes to make, which requires a pre-authorization for such an amount. This requires the Card User to have Available Funds greater than the value of the expected Transaction. This extra amount will be reserved to cover things like tips/gratuitiesanticipated service charge or tip, temporarily reducing the balance available on the Card. HoweverWhen the Card is used to purchase fuel at an automated fuel pump, the Card will only be charged must have a minimum balance of typically between
3.5 We do not recommend using the Card as: (i) a guarantee of payment, for the actual and final amount of the Transaction you make. Excess amounts held beyond example as a deposit for hotels, cruise lines or car rental, as Merchants such as these may estimate the final Transaction bill and this amount will be released within 21 daystemporarily unavailable to access or spend; or as (ii) an arrangement for periodic billing, as any debits to the Card as a result of such arrangements will be considered to have been authorised by you.
2.8. 3.6 The Card is only meant for the Card Holder’s your use and expires on the date appearing on the front of the Card and may Card. Upon expiry you will still be extended for able to obtain a limited period subject to refund of the balance in accordance with the Agreement. Upon expiry, or you may be able choose to transfer the remaining funds to a new Card Card. You may be charged for this service as detailed in accordance with our prevailing policythe Fees and Limits section in the User Guide.
2.93.7 If the Card is damaged, lost or stolen, you may contact the Moneycorp Bank Team to request a replacement Card (“Replacement Card”). You agree that Any request for a Replacement Card must be made on or before the Termination Date and the balance of the Card will not be used in any manner that could damage, disable, overburden or impair transferred to the Replacement Card. You also agree that A fee will be charged for a Replacement Card, as per the Fees and Limits section in the User Guide. The Replacement Card fee will usually be charged in GBP, unless there are insufficient funds available in GBP, then the amount will be funded by converting the outstanding amount into an available Currency balance on the Card and a foreign exchange rate will not be applied (see clauses 3.3 and 8). The foreign exchange rate used for money transfers, accessing or purchasing goods from adult or gambling locations or internet sites, or for any other unlawful activity or other restricted merchants as applicableis the rate determined by us on the day the fee is applied.
2.10. You must comply with all applicable laws and regulations (including any foreign exchange controls) with respect to 3.8 A monthly inactivity fee will be applied until the Card in the issuing country and the country of use. We reserve the right to suspend the Card, terminate this Agreement and exercise any other remedies available to Us due to your failure to comply with any part of this provision. You agree that we have no obligation to monitor, review or evaluate the legality of your Transactions and that such actions shall be your sole responsibility. We are not liable for any prohibited use or misuse balance of the Card whatsoever. The Card can only be is zero (0), unless you have used if it has sufficient Available Funds, and the Card User is solely responsible for ensuring that there are sufficient Available Funds for an intended Transaction. Ifloads, for any reason whatsoever, an intended Transaction causes the Card to be debited in excess of the Available Funds (whether by use of the Card reloads or towards any fees or charges), You are responsible for any shortfall on the Card.
2.11. We are entitled to set off any sum of money on the Card due from you to us against any positive balance transactions in the Account held by You with Us.
2.12. If you are entitled to a refund for goods or services purchased using the Card, or another credit for any other reason, such refund or credit will be made to the Card, in the applicable currency thereby increasing the Available Funds.
2.13. Our record of any Transaction shall be final and binding. You will not be provided with a printed statement, and can check your Available Funds via the dedicated Mobile app. You may also be able to make a balance enquiry at some ATMs, although availability is dependent on the country and the ATM used and there may be a fee payable (to the ATM operator) for balance enquiries. It is your responsibility to keep track of the Available Funds. You acknowledge that the amount stated on the ATM screen or a printed slip or receipt advice shall not for any purpose whatsoever be taken as a conclusive or up to date statement of the Card.
2.14. You acknowledge that the available balance in the Card may be different from the balance amount as displayed through any channel, due to pending Transactions or other blocked amounts (being amounts transacted but not processed) relevant to the Card.previous twelve
Appears in 2 contracts
Samples: Card Agreement, Card Agreement
USING THE CARD. 2.16.1. If the Card User wants to make a Transaction using their Card or Card details, they will need to authorize it by using their Card, a PIN number, your signature or other security code, password, biometric data or other personal identifier, or a combination of these. Where contactless payments are available, they can also authorize a Transaction by touching the payment terminal with their card or device. We can’t cancel or stop a Transaction once they have authorized it.
2.2. The Card may only be used by the person to whom the Card was issued. The Cards are non- transferable, and you are not permitted to allow any other person to use the Card, and you are not allowed to disclose the Card security information for executing a transaction. Prior to use, the Card should be signed on the signature strip located on the back of the Card.
6.2. You can use your Card at all locations that display the MasterCard® acceptance mark – in accordance with the Agreement and we have the right to restrict the services/facilities provided pursuant to the issue/usage rules of the country in which you are using the Card, or online, within the limits (per transaction, daily, monthly, annual) applicable to your Card at our sole discretion and termsfor that type of usage.
2.36.3. Subject to sufficient Available Funds Certain types of Card may however be limited in their functionality and any restrictions acceptance – for instance they may not have contactless functionality, may be only usable in the Agreement, the Card can be used worldwide at ATMs, POS Terminals country of issue or E-commerce website or any card operated machine or device, whether belonging to us or other participating banks or financial institutions where logos appearing on the Card are displayed/ accepted and any other services so authorized on the Card by us. The Card may also be used at any Merchant location that accepts the Transaction for processing or displays the logo appearing on the Card. The Card may be used for retail purchases, cash withdrawals, purchase of goods and services via the internet, telephone, facsimile and mail order or for any other services approved by us, for Transaction values not exceeding the Limit (subject always to sufficient Available Funds) from time to time.
2.4. The Available Funds will be reduced by the full amount of each Transaction plus any applicable Charges.
2.5. Due to restrictions, the Card may not operate in some countries and may not be accepted at some Merchant locations which are not in compliance with either our internal policies or those whose MCC’s have been blocked by usenabled for cash withdrawals.
2.66.4. Merchants that accept All transactions require authorisation. Authorisation is also your instruction for us to carry out a transaction. In general, we will not authorise a transaction if the balance on your Card are required to seek authorization from us or through any appointed payment processor for all Transactions that are made and we cannot stop a Transaction once authorized. Some Merchants may not be able to authorize the Card Transaction if they cannot obtain an online authorization from us.
2.7. Some Merchants, may place a hold on an amount greater than the value of Transaction that the Card User wishes to make, which requires a pre-authorization for such an amount. This requires the Card User to have Available Funds greater than the value of the expected Transaction. This extra amount will be reserved is insufficient to cover things like tips/gratuities, temporarily reducing the balance available on the Card. However, the Card will only be charged for the actual transaction and final amount of the Transaction you make. Excess amounts held beyond the final Transaction amount will be released within 21 days.
2.8. The Card is only meant for the Card Holder’s use and expires on the date on the front of the Card and may be extended for a limited period subject to the Agreement. Upon expiry, you may be able to transfer the remaining funds to a new Card in accordance with our prevailing policy.
2.9. You agree that the Card will not be used in any manner that could damage, disable, overburden or impair the Card. You also agree that the Card will not be used for money transfers, accessing or purchasing goods from adult or gambling locations or internet sites, or for any other unlawful activity or other restricted merchants as applicable.
2.10. You must comply with all applicable laws and regulations (including any foreign exchange controls) with respect to the Card in the issuing country and the country of use. We reserve the right to suspend the Card, terminate this Agreement and exercise any other remedies available to Us due to your failure to comply with any part of this provision. You agree that we have no obligation to monitor, review or evaluate the legality of your Transactions and that such actions shall be your sole responsibility. We are not liable for any prohibited use or misuse of the Card whatsoever. The Card can only be used if it has sufficient Available Funds, and the Card User is solely responsible for ensuring that there are sufficient Available Funds for an intended Transactionrelated transaction fee. If, for any reason whatsoever, an intended Transaction causes the Card to be debited in excess of the Available Funds (whether by use of the Card or towards any fees or charges), You are responsible for any shortfall on the Card.
2.11. We are entitled to set off any sum of money on the Card due from you to us against any positive balance in the Account held by You with Us.
2.12. If you are entitled to a refund for goods or services purchased using the Card, or another credit for any other reason, such refund or credit will be made to the Card, in the applicable currency thereby increasing the Available Funds.
2.13. Our record of any Transaction shall be final and binding. You will not be provided with a printed statement, and can check your Available Funds via the dedicated Mobile app. You may also be able to make a balance enquiry at some ATMstransaction when there are insufficient funds on your Card (hereinafter: “Shortfall”), although availability is dependent on we will seek reimbursement of the Shortfall from you immediately. We may restrict or suspend your Card until the reimbursement of the Shortfall.
6.5. We assume that the Card transaction was authorised by you in the following cases:
a) For a contactless transaction:
i. below the limit applicable in the country and where you are using the ATM used and there may be Card (hereinafter: “Contactless Limit”), a fee payable (to the ATM operator) for balance enquiries. It transaction is your responsibility to keep track deemed authorized upon transmission of the Available Funds. You acknowledge that the amount stated on the ATM screen or a printed slip or receipt advice shall not for any purpose whatsoever be taken as a conclusive or up to date statement details of the Card.
2.14. You acknowledge Card that are required to execute the available balance transaction, by placing the Card in the proximity of the device that allows for reading the data saved in the Card may be different from contactless module; and
ii. In excess of the balance amount as displayed through any channelContactless Limit, due to pending Transactions or other blocked amounts (being amounts transacted but not processed) relevant the transaction is deemed authorized by entry of the PIN number to the Cardacceptance terminal. Please note that in certain places contactless transactions with PIN are not available, and you may have to insert the Card in the payment device to authorize it with the PIN.
Appears in 1 contract
USING THE CARD. 2.1. If the Card User wants to make a Transaction using their Card or Card details, they will need to authorize it by using their Card, a PIN number, your signature or other security code, password, biometric data or other personal identifier, or a combination of these. Where contactless payments are available, they can also authorize a Transaction by touching the payment terminal with their Card Member Terms and Conditions (v.1.0) card or device. We can’t cancel or stop a Transaction once they have authorized it.
2.2. The Card may only be used in accordance with the Agreement and we have the right to restrict the services/facilities provided pursuant to the issue/usage of the Card at our sole discretion and terms.
2.3. Subject to sufficient Available Funds and any restrictions in the Agreement, the Card can be used worldwide at ATMs, POS Terminals or E-commerce website or any card operated machine or device, whether belonging to us or other participating banks or financial institutions where logos appearing on the Card are displayed/ accepted and any other services so authorized on the Card by us. The Card may also be used at any Merchant location that accepts the Transaction for processing or displays the logo appearing on the Card. The Card may be used for retail purchases, cash withdrawals, purchase of goods and services via the internet, telephone, facsimile and mail order or for any other services approved by us, for Transaction values not exceeding the Limit (subject always to sufficient Available Funds) from time to time.
2.4. The Available Funds will be reduced by the full amount of each Transaction plus any applicable Charges.
2.5. Due to restrictions, the Card may not operate in some countries and may not be accepted at some Merchant locations which are not in compliance with either our internal policies or those whose MCC’s have been blocked by us.
2.6. Merchants that accept the Card are required to seek authorization from us or through any appointed payment processor for all Transactions that are made and we cannot stop a Transaction once authorized. Some Merchants may not be able to authorize the Card Transaction if they cannot obtain an online authorization from us.
2.7. Some Merchants, may place a hold on an amount greater than the value of Transaction that the Card User wishes to make, which requires a pre-authorization for such an amount. This requires the Card User to have Available Funds greater than the value of the expected Transaction. This extra amount will be reserved to cover things like tips/gratuities, temporarily reducing the balance available on the Card. However, the Card will only be charged for the actual and final amount of the Transaction you make. Excess amounts held beyond the final Transaction amount will be released within 21 days.
2.8. The Card is only meant for the Card Holder’s use and expires on the date on the front of the Card and may be extended for a limited period subject to the Agreement. Upon expiry, you may be able to transfer the remaining funds to a new Card in accordance with our prevailing policy.
2.9. You agree that the Card will not be used in any manner that could damage, disable, overburden or impair the Card. You also agree that the Card will not be used for money transfers, accessing or purchasing goods from adult or gambling locations or internet sites, or for any other unlawful activity or other restricted merchants as applicable.
2.10. You must comply with all applicable laws and regulations (including any foreign exchange controls) with respect to the Card in the issuing country and the country of use. We reserve the right to suspend the Card, terminate this Agreement and exercise any other remedies available to Us due to your failure to comply with any part of this provision. You agree that we have no obligation to monitor, review or evaluate the legality of your Transactions and that such actions shall be your sole responsibility. We are not liable for any prohibited use or misuse of the Card whatsoever. The Card can only be used if it has sufficient Available Funds, and the Card User is solely responsible for ensuring that there are sufficient Available Funds for an intended Transaction. If, for any reason whatsoever, an intended Transaction causes the Card to be debited in excess of the Available Funds (whether by use of the Card or towards any fees or charges), You are responsible for any shortfall on the Card.
2.11. We are entitled to set off any sum of money on the Card due from you to us against any positive balance in the Account held by You with Us.. Card Member Terms and Conditions (v.1.0)
2.12. If you are entitled to a refund for goods or services purchased using the Card, or another credit for any other reason, such refund or credit will be made to the Card, in the applicable currency thereby increasing the Available Funds.
2.13. Our record of any Transaction shall be final and binding. You will not be provided with a printed statement, and can check your Available Funds via the dedicated Mobile app. You may also be able to make a balance enquiry at some ATMs, although availability is dependent on the country and the ATM used and there may be a fee payable (to the ATM operator) for balance enquiries. It is your responsibility to keep track of the Available Funds. You acknowledge that the amount stated on the ATM screen or a printed slip or receipt advice shall not for any purpose whatsoever be taken as a conclusive or up to date statement of the Card.
2.14. You acknowledge that the available balance in the Card may be different from the balance amount as displayed through any channel, due to pending Transactions or other blocked amounts (being amounts transacted but not processed) relevant to the Card.
Appears in 1 contract
Samples: Card Terms and Conditions
USING THE CARD. 2.15.1 We will be entitled to assume that a transaction has been authorized by You if:
5.1.1 The magnetic stripe on the Card was swiped by the retailer and/or the Card chip was read and/or PIN was used;
5.1.2 The Card PIN was entered, or a sales slip was signed; or
5.1.3 Relevant information was supplied to the retailer or the PISP (Payment Initiation Service Provider) that allows them to process the transaction, for example providing the retailer with the 3-digit security code on Your Card in case of an internet or other non-face-to-face transaction.
5.2 Normally, We will receive notification of Your authorization by way of an electronic message in line with the rules and procedures of the payment system Mastercard. Once You have authorized a transaction, the transaction cannot be stopped or revoked. However, You may in certain circumstances be entitled to a refund in accordance with Conditions 13 and 14.
5.3 On receipt of notification of Your transaction, normally We will “hold” the value of the transaction, plus any applicable fees and charges, from the Available Funds on the Card/Account.
5.4 Under normal circumstances, if any payment is attempted that exceeds the Available Funds on the Card the transaction will be declined. In certain circumstances, a transaction may take Your Card into a negative balance – this will normally be where the merchant has failed to seek authorization for the transaction or in case of the currency fluctuation. If the merchant has failed to seek authorization for the transaction, We will attempt to recover some or all of the money from the merchant if We can, providing that We are satisfied that You have not deliberately used the Card User wants in a manner that would result in a negative balance. We will deal with such instances on a case-by-case basis, but where there is a negative balance on Your Card, We may require You to make a Transaction using their Card or Card detailsup the shortfall and, they will need to authorize it by using their until there are Available Funds on Your Card, a PIN number, your signature We may restrict or other security code, password, biometric data or other personal identifier, or a combination suspend the use of these. Where contactless payments are available, they can also authorize a Transaction by touching the payment terminal with their card or device. We can’t cancel or stop a Transaction once they have authorized itYour Card.
2.2. The Card may only be used in accordance with the Agreement and we have the right to restrict the services/facilities provided pursuant to the issue/usage of the Card at our sole discretion and terms.
2.3. Subject to sufficient Available Funds and any restrictions in the Agreement, the Card can be used worldwide at ATMs, POS Terminals or E-commerce website or any card operated machine or device, whether belonging to us or other participating banks or financial institutions where logos appearing on the Card are displayed/ accepted and any other services so authorized on the Card by us. The Card may also be used at any Merchant location that accepts the Transaction for processing or displays the logo appearing on the Card. 5.5 The Card may be used for retail full or partial payment of purchases. In case of a partial payment, cash withdrawals, the cardholder will be required to pay the outstanding amount of the purchase of goods and services via the internet, telephone, facsimile and mail order or for any other services approved by usan alternative means, for Transaction values not exceeding the Limit (subject always to sufficient Available Funds) from time to timeexample, in cash or by other card.
2.4. The Available Funds 5.6 If You use Your Card for a transaction in a currency other than the currency that the Card is denominated in the transaction will be reduced by converted to the full Mastercard settlement currency EUR using the Mastercard currency conversion rate on the date of settlement: xxxxx://xxx.xxxxxxxxxx.xx/en-us/personal/get-support/convert-currency.html. If Your card currency is different from EUR then settlement amount will be converted into Your card currency using the Bastion currency conversion rate on the date of each Transaction plus any applicable Chargestransaction processing in Bastion system.
2.5. Due 5.7 Exchange rates can fluctuate and they may change between the time when the Transaction is made and the time when it is billed to restrictions, the Card may not operate in some countries and may not be accepted at some Merchant locations which are not in compliance with either our internal policies or those whose MCC’s have been blocked by usYour Account.
2.6. Merchants that accept the Card are required to seek authorization from us or through any appointed payment processor for all Transactions that are made and we cannot stop a Transaction once authorized. Some Merchants may not 5.8 Normally, We will be able to authorize the Card Transaction if they cannot obtain an online authorization from us.
2.7. Some Merchantssupport transactions 24 hours per day, may place a hold on an amount greater than the value of Transaction that the Card User wishes to make, which requires a pre-authorization for such an amount. This requires the Card User to have Available Funds greater than the value of the expected Transaction. This extra amount will be reserved to cover things like tips/gratuities, temporarily reducing the balance available on the Card365 days per year. However, the Card will only be charged for the actual and final amount of the Transaction you make. Excess amounts held beyond the final Transaction amount We cannot guarantee this will be released within 21 days.
2.8. The Card is only meant the case, and in certain circumstances – for the Card Holder’s use and expires on the date on the front of the Card and example, a technical problem – We may be extended for a limited period subject unable to the Agreement. Upon expiry, you may be able to transfer the remaining funds to a new Card in accordance with our prevailing policyreceive or complete transactions.
2.9. You agree that the Card will not be used in any manner that could damage, disable, overburden or impair the Card. You also agree that the Card will not be used for money transfers, accessing or purchasing goods from adult or gambling locations or internet sites, or for any other unlawful activity or other restricted merchants as applicable.
2.10. You must comply with all applicable laws and regulations (including any foreign exchange controls) with respect to the Card in the issuing country and the country of use. We reserve the right to suspend the Card, terminate this Agreement and exercise any other remedies available to Us due to your failure to comply with any part of this provision. You agree that we have no obligation to monitor, review or evaluate the legality of your Transactions and that such actions shall be your sole responsibility. We are not liable for any prohibited use or misuse of the Card whatsoever. The Card can only be used if it has sufficient Available Funds, and the Card User is solely responsible for ensuring that there are sufficient Available Funds for an intended Transaction. If, for any reason whatsoever, an intended Transaction causes the Card to be debited in excess of the Available Funds (whether by use of the Card or towards any fees or charges), You are responsible for any shortfall on the Card.
2.11. We are entitled to set off any sum of money on the Card due from you to us against any positive balance in the Account held by You with Us.
2.12. If you are entitled to a refund for goods or services purchased using the Card, or another credit for any other reason, such refund or credit will be made to the Card, in the applicable currency thereby increasing the Available Funds.
2.13. Our record of any Transaction shall be final and binding. You will not be provided with a printed statement, and can check your Available Funds via the dedicated Mobile app. You may also be able to make a balance enquiry at some ATMs, although availability is dependent on the country and the ATM used and there may be a fee payable (to the ATM operator) for balance enquiries. It is your responsibility to keep track of the Available Funds. You acknowledge that the amount stated on the ATM screen or a printed slip or receipt advice shall not for any purpose whatsoever be taken as a conclusive or up to date statement of the Card.
2.14. You acknowledge that the available balance in the Card may be different from the balance amount as displayed through any channel, due to pending Transactions or other blocked amounts (being amounts transacted but not processed) relevant to the Card.
Appears in 1 contract
USING THE CARD. 2.15.1. If the Card User wants to make a Transaction using their Card or Card details, they will need to authorize it by using their Card, a PIN number, your signature or other security code, password, biometric data or other personal identifier, or a combination of these. Where contactless payments are available, they can also authorize a Transaction by touching the payment terminal with their card or device. We can’t cancel or stop a Transaction once they have authorized it.
2.2. The Card may only be used by the person to whom the Card was issued. The Cards are non- transferable, and you are not permitted to allow any other person to use the Card, and you are not allowed to disclose the Card security information for executing a transaction.
5.2. You can use your Card at all locations that display the Mastercard® acceptance mark – in accordance with the Agreement and we have the right to restrict the services/facilities provided pursuant to the issue/usage rules of the country in which you are using the Card, or online, within the limits (per transaction, daily, monthly, annual) applicable to your Card for that type of usage. If you do not use the Card for at our sole discretion and termsleast 90 days, you will be charged a monthly inactivity fee.
2.35.3. Subject You may raise the limits applicable to sufficient Available Funds your Card via the App or the Webapp, by providing us additional documents.
5.4. Certain types of Card may however be limited in their functionality and any restrictions acceptance – for instance they may not have contactless functionality, may be only usable in the Agreement, the Card can be used worldwide at ATMs, POS Terminals country of issue or E-commerce website or any card operated machine or device, whether belonging to us or other participating banks or financial institutions where logos appearing on the Card are displayed/ accepted and any other services so authorized on the Card by us. The Card may also be used at any Merchant location that accepts the Transaction for processing or displays the logo appearing on the Card. The Card may be used for retail purchases, cash withdrawals, purchase of goods and services via the internet, telephone, facsimile and mail order or for any other services approved by us, for Transaction values not exceeding the Limit (subject always to sufficient Available Funds) from time to time.
2.4. The Available Funds will be reduced by the full amount of each Transaction plus any applicable Charges.
2.5. Due to restrictions, the Card may not operate in some countries and may not be accepted at some Merchant locations which are not in compliance with either our internal policies or those whose MCC’s have been blocked by usenabled for cash withdrawals.
2.65.5. Merchants that accept All transactions require authorisation. Authorisation is also your instruction for us to carry out a transaction. By default, we will not authorise a transaction if the balance on your Card are required to seek authorization from us or through any appointed payment processor for all Transactions that are made and we cannot stop a Transaction once authorized. Some Merchants may not be able to authorize the Card Transaction if they cannot obtain an online authorization from us.
2.7. Some Merchants, may place a hold on an amount greater than the value of Transaction that the Card User wishes to make, which requires a pre-authorization for such an amount. This requires the Card User to have Available Funds greater than the value of the expected Transaction. This extra amount will be reserved is insufficient to cover things like tips/gratuities, temporarily reducing the balance available on the Card. However, the Card will only be charged for the actual transaction and final amount of the Transaction you make. Excess amounts held beyond the final Transaction amount will be released within 21 days.
2.8. The Card is only meant for the Card Holder’s use and expires on the date on the front of the Card and may be extended for a limited period subject to the Agreement. Upon expiry, you may be able to transfer the remaining funds to a new Card in accordance with our prevailing policy.
2.9. You agree that the Card will not be used in any manner that could damage, disable, overburden or impair the Card. You also agree that the Card will not be used for money transfers, accessing or purchasing goods from adult or gambling locations or internet sites, or for any other unlawful activity or other restricted merchants as applicable.
2.10. You must comply with all applicable laws and regulations related transaction fee (including any foreign exchange controls) with respect to the Card in the issuing country and the country of use. We reserve the right to suspend the Card, terminate this Agreement and exercise any other remedies available to Us due to your failure to comply with any part of this provision. You agree that we have no obligation to monitor, review or evaluate the legality of your Transactions and that such actions shall be your sole responsibility. We are not liable for any prohibited use or misuse of the Card whatsoever. The Card can only be used if it has sufficient Available Funds, and the Card User is solely responsible for ensuring that there are sufficient Available Funds for an intended Transaction"Shortfall"). If, for any reason whatsoever, an intended Transaction causes the Card to be debited in excess of the Available Funds (whether by use of the Card or towards any fees or charges), You are responsible for any shortfall on the Card.
2.11. We are entitled to set off any sum of money on the Card due from you to us against any positive balance in the Account held by You with Us.
2.12. If you are entitled to a refund for goods or services purchased using the Card, or another credit for any other reason, such refund or credit will be made to the Card, in the applicable currency thereby increasing the Available Funds.
2.13. Our record of any Transaction shall be final and binding. You will not be provided with a printed statement, and can check your Available Funds via the dedicated Mobile app. You may also be able to make a balance enquiry at some ATMstransaction when there is a Shortfall, although availability is dependent on we will seek reimbursement of the Shortfall from you immediately. We may restrict or suspend your Card until the reimbursement of the Shortfall.
5.6. We assume that the Card transaction was authorised by you in the following cases:
a) For a contactless transaction:
i. below the limit applicable in the country and where you are using the ATM used and there may be Card ("Contactless Limit"), a fee payable (to the ATM operator) for balance enquiries. It transaction is your responsibility to keep track deemed authorized upon transmission of the Available Funds. You acknowledge that the amount stated on the ATM screen or a printed slip or receipt advice shall not for any purpose whatsoever be taken as a conclusive or up to date statement details of the Card.
2.14. You acknowledge Card that are required to execute the available balance transaction, by placing the Card in the proximity of the device that allows for reading the data saved in the Card may be different from contactless module; and
ii. In excess of the balance amount as displayed through any channelContactless Limit, due to pending Transactions or other blocked amounts (being amounts transacted but not processed) relevant the transaction is deemed authorized by entry of the PIN number to the Cardacceptance terminal. Please note that in certain places contactless transactions with PIN are not available, and you may have to insert the Card in the payment device to authorize it with the PIN.
Appears in 1 contract
USING THE CARD. 2.1. If 5.1 We will be entitled to assume that a transaction has been authorised by You if:
5.1.1 The magnetic strip on the Card User wants to make was swiped by the retailer or the Card was inserted into a Transaction using their chip and PIN device;
5.1.2 The Card or Card details, they will need to authorize it by using their Card, a PIN number, your signature or other security code, password, biometric data or other personal identifierwas entered, or a combination sales slip was signed; or
5.1.3 Relevant information was supplied to the retailer or the PISP that allows them to process the transaction, for example providing the retailer with the 3-digit security code on the back of these. Where contactless payments are availableYour Card in the case of an internet or other non-face-to-face transaction.
5.2 Normally, they can also authorize a Transaction We will receive notification of Your authorisation by touching way of an electronic message in line with the rules and procedures of the payment terminal with their card scheme MasterCard network. Once You have authorised a transaction, the transaction cannot be stopped or devicerevoked. We can’t cancel or stop However, You may in certain circumstances be entitled to a Transaction once they have authorized it.
2.2. The Card may only be used refund in accordance with Conditions 13 and 14.
5.3 On receipt of notification of Your authorisation, normally We will deduct the Agreement and we have the right to restrict the services/facilities provided pursuant to the issue/usage value of the Card at our sole discretion transaction, plus any applicable fees and terms.
2.3. Subject to sufficient charges, from the Available Funds and any restrictions in the Agreement, the Card can be used worldwide at ATMs, POS Terminals or E-commerce website or any card operated machine or device, whether belonging to us or other participating banks or financial institutions where logos appearing on the Card are displayed/ accepted and any other services so authorized on the Card by us. The Card may also be used at any Merchant location that accepts the Transaction for processing or displays the logo appearing on the Card. The retailer or service provider that has accepted Your Card for payment will normally receive payment within 3 Business Days.
5.4 Under normal circumstances, if any payment is attempted that exceeds the Available Funds on the Card the transaction will be declined. In certain circumstances, a transaction may take Your Card into a negative balance – this will normally be where the merchant has failed to seek authorisation for the transaction. In these cases, We will attempt to recover some or all of the money from the merchant if We can, providing that We are satisfied that You have not deliberately used the Card in a manner that would result in a negative balance. We will deal with such instances on a case-by-case basis, but where there is a negative balance on Your Card, We may require You to make up the shortfall and, until there are Available Funds on Your Card, We may restrict or suspend the use of Your Card.
5.5 The Card may be used for retail full or part payment of purchases. In the case of a part payment, cash withdrawals, the cardholder will be required to pay the outstanding amount of the purchase of goods and services via the internet, telephone, facsimile and mail order or for any other services approved by usan alternative means, for Transaction values not exceeding the Limit (subject always to sufficient Available Funds) from time to timeexample, in cash, by debit card or credit card.
2.4. The Available Funds 5.6 If You use Your Card for a transaction in a currency other than the currency that the Card is denominated in or capable of settling in, the transaction will be reduced converted to the currency that the Card is denominated in by using the full amount of each Transaction plus any applicable ChargesMasterCard scheme network rate at a currency conversion rate set by MasterCard International Incorporated: https//xxx.xxxxxxxxxx.xxx/xxxxxx/ currencyconversion/. The currency conversion rate varies throughout the day and is not set by Us, therefore We are not responsible for it and cannot guarantee You will receive a favourable exchange rate.
2.5. Due to restrictions5.7 Normally, the Card may not operate in some countries and may not be accepted at some Merchant locations which are not in compliance with either our internal policies or those whose MCC’s have been blocked by us.
2.6. Merchants that accept the Card are required to seek authorization from us or through any appointed payment processor for all Transactions that are made and we cannot stop a Transaction once authorized. Some Merchants may not We will be able to authorize the Card Transaction if they cannot obtain an online authorization from us.
2.7. Some Merchantssupport transactions 24 hours per day, may place a hold on an amount greater than the value of Transaction that the Card User wishes to make, which requires a pre-authorization for such an amount. This requires the Card User to have Available Funds greater than the value of the expected Transaction. This extra amount will be reserved to cover things like tips/gratuities, temporarily reducing the balance available on the Card365 days per year. However, the Card will only be charged for the actual and final amount of the Transaction you make. Excess amounts held beyond the final Transaction amount We cannot guarantee this will be released within 21 days.
2.8. The Card is only meant the case, and in certain circumstances – for the Card Holder’s use and expires on the date on the front of the Card and example, a serious technical problem – We may be extended for a limited period subject unable to the Agreement. Upon expiry, you may be able to transfer the remaining funds to a new Card in accordance with our prevailing policyreceive or complete transactions.
2.9. You agree that the Card will not be used in any manner that could damage, disable, overburden or impair the Card. You also agree that the Card will not be used for money transfers, accessing or purchasing goods from adult or gambling locations or internet sites, or for any other unlawful activity or other restricted merchants as applicable.
2.10. You must comply with all applicable laws and regulations (including any foreign exchange controls) with respect to the Card in the issuing country and the country of use. We reserve the right to suspend the Card, terminate this Agreement and exercise any other remedies available to Us due to your failure to comply with any part of this provision. You agree that we have no obligation to monitor, review or evaluate the legality of your Transactions and that such actions shall be your sole responsibility. We are not liable for any prohibited use or misuse of the Card whatsoever. The Card can only be used if it has sufficient Available Funds, and the Card User is solely responsible for ensuring that there are sufficient Available Funds for an intended Transaction. If, for any reason whatsoever, an intended Transaction causes the Card to be debited in excess of the Available Funds (whether by use of the Card or towards any fees or charges), You are responsible for any shortfall on the Card.
2.11. We are entitled to set off any sum of money on the Card due from you to us against any positive balance in the Account held by You with Us.
2.12. If you are entitled to a refund for goods or services purchased using the Card, or another credit for any other reason, such refund or credit will be made to the Card, in the applicable currency thereby increasing the Available Funds.
2.13. Our record of any Transaction shall be final and binding. You will not be provided with a printed statement, and can check your Available Funds via the dedicated Mobile app. You may also be able to make a balance enquiry at some ATMs, although availability is dependent on the country and the ATM used and there may be a fee payable (to the ATM operator) for balance enquiries. It is your responsibility to keep track of the Available Funds. You acknowledge that the amount stated on the ATM screen or a printed slip or receipt advice shall not for any purpose whatsoever be taken as a conclusive or up to date statement of the Card.
2.14. You acknowledge that the available balance in the Card may be different from the balance amount as displayed through any channel, due to pending Transactions or other blocked amounts (being amounts transacted but not processed) relevant to the Card.
Appears in 1 contract
Samples: General Terms and Conditions
USING THE CARD. 2.1. If the Card User wants to make a Transaction using their Card or Card details, they will need to authorize it by using their Card, a PIN number, your signature or other security code, password, biometric data or other personal identifier, or a combination of these. Where contactless payments are available, they can also authorize a Transaction by touching the payment terminal with their card or device. We can’t cancel or stop a Transaction once they have authorized it.
2.24.1. The Card may only be used in accordance with the Agreement and we have the right to restrict the services/facilities provided pursuant to the issue/usage of the Card at our sole discretion and terms.
2.3. Subject to sufficient Available Funds and any restrictions in the Agreement, the Card can be used worldwide at ATMs, POS Terminals or E-commerce website or any card operated machine or device, whether belonging to us or other participating banks or financial institutions where logos appearing on the Card are displayed/ accepted and any other services so authorized on the Card by us. The Card may also be used at any Merchant location that accepts displaying the Transaction for processing or displays the logo appearing Visa logo.
4.2. You can authorise Transactions on the CardCard at any Merchant by entering Your PIN or other security code. You will be responsible for all the Transactions where You authorise such Transaction.
4.3. The Card may be used for retail purchases, cash withdrawals, purchase of goods and services via the internet, telephone, facsimile and mail order or for any other services approved by us, for Transaction values not exceeding the Limit (subject always to sufficient Card’s Available Funds) from time to time.
2.4. The Available Funds Balance will be reduced by the full Full Deductible Amount. In order for a Transaction to be authorised, the Full Deductible Amount must be less than or equal to the Available Balance on the Card. If, for any reason, a Transaction is processed for an amount greater than the Available Balance on the Card, You must repay the Shortfall amount within 14 days of each Transaction plus receiving an invoice from Us. Should You not repay this amount within 14 days of receiving an invoice, We reserve the right to take all steps necessary, including legal action, to recover any applicable Chargesmonies outstanding.
2.54.4. You can check Your Available Balance at any time by calling Customer Services or online at xxx.xxxxxxxx.xxx.
4.5. Due to restrictionssecurity safeguards, the Card may not operate in some countries and may not be accepted at some Merchant locations which are not in compliance with either our internal policies or those whose MCC’s have been blocked by us.
2.6. Merchants that accept the Card are required to seek authorization from us or through any appointed payment processor authorisation for all Transactions that are made and we cannot stop a Transaction once authorizedYou make. Some Merchants may not be able to authorize the Card Transaction if they cannot obtain an online authorization from us.
2.7. Some Merchants, may place a hold on an amount greater than the value of Transaction that the Card User wishes to make, which requires a pre-authorization for such an amount. This requires the Card User require You to have an Available Funds Balance greater than the value of the expected TransactionTransaction You wish to make. This extra amount will be reserved to cover things like tips/gratuities, temporarily reducing the balance available on the Card. However, the Card You will only be charged for the actual and final value of the Transaction You make.
4.6. The Card should not be used as a form of identification. We will decline any authorisation requests from Merchants using the Card for identification purposes.
4.7. We may refuse to pay a Transaction:
I. If We suspect the Card is being used in an unauthorised or fraudulent manner;
II. If sufficient funds are not loaded on the Card at the time of a Transaction to cover the amount of the Transaction you makeand any applicable fees; or
III. Excess amounts held beyond If We believe that a Transaction will break the final Transaction amount will law. If We refuse to authorise a Transaction, We will, if practicable, tell You why immediately unless it would be released within 21 daysunlawful for Us to do so.
2.84.8. The Card is only meant for You may not use the Card Holderto obtain cash from an ATM. You may not use the Card to obtain traveller’s use and expires cheques, to obtain cash back from any Merchant, to settle outstanding balances on credit cards, bank overdrafts or credit agreements, or to pay for memberships or subscriptions by direct debit or for online. Restrictions on the date on the front use of the Card and may be extended for a limited period subject apply.
4.9. The Available Balance on Your Account will not earn any interest.
4.10. We may request You to surrender the Agreement. Upon expiry, you may be able to transfer the remaining funds to a new Card at any time (in accordance with our prevailing policy.
2.9clause 11 of these Terms and Conditions). You agree In the event that We do so then any Available Balance on the Card will not be used in any manner that could damage, disable, overburden or impair the Card. You also agree that the Card will not be used for money transfers, accessing or purchasing goods from adult or gambling locations or internet sites, or for any other unlawful activity or other restricted merchants as applicable.
2.10. You must comply with all applicable laws and regulations (including any foreign exchange controls) with respect to the Card in the issuing country and the country of use. We reserve the right to suspend the Card, terminate this Agreement and exercise any other remedies available to Us due You to your failure to comply with any part of this provision. You agree that we have no obligation to monitor, review or evaluate the legality of your Transactions and that such actions shall be your sole responsibility. We are not liable for any prohibited use or misuse of the Card whatsoever. The Card can only be used if it has sufficient Available Funds, and the Card User is solely responsible for ensuring that there are sufficient Available Funds for an intended Transaction. If, for any reason whatsoever, an intended Transaction causes the Card to be debited in excess of the Available Funds (whether by use of the Card or towards any fees or charges), You are responsible for any shortfall on the Carduse.
2.11. We are entitled to set off any sum of money on the Card due from you to us against any positive balance in the Account held by You with Us.
2.12. If you are entitled to a refund for goods or services purchased using the Card, or another credit for any other reason, such refund or credit will be made to the Card, in the applicable currency thereby increasing the Available Funds.
2.13. Our record of any Transaction shall be final and binding. You will not be provided with a printed statement, and can check your Available Funds via the dedicated Mobile app. You may also be able to make a balance enquiry at some ATMs, although availability is dependent on the country and the ATM used and there may be a fee payable (to the ATM operator) for balance enquiries. It is your responsibility to keep track of the Available Funds. You acknowledge that the amount stated on the ATM screen or a printed slip or receipt advice shall not for any purpose whatsoever be taken as a conclusive or up to date statement of the Card.
2.14. You acknowledge that the available balance in the Card may be different from the balance amount as displayed through any channel, due to pending Transactions or other blocked amounts (being amounts transacted but not processed) relevant to the Card.
Appears in 1 contract
Samples: Card User Terms and Conditions
