Common use of Virtual Cards Clause in Contracts

Virtual Cards. A “Virtual Card” consists of a 16-digit account number, a 3-digit security code, and an expiration date, linked to the funds in your Account. These Virtual Cards can be used to purchase goods or services or make payments online or by phone without presenting your physical Oxygen Visa Debit Card number. The Virtual Cards can be temporary or re-usable, but in any case, expire one year from the last day of the calendar month during which the Virtual Account was created. When you use your Virtual Card, the legal effect will be the same as if you used the physical Oxygen Visa Debit Card itself. Transaction Type Frequency and/or Dollar Limits Virtual Card No more than 30 Virtual Cards at a time; and Up to $2,500.00 per Virtual Card* *The same transaction limitations as stated above for transaction type Card Purchase (Signature) in Section D.4 “Cash Access and Transaction Limitations” apply to Virtual Cards.

Appears in 8 contracts

Samples: cdn.getoxygen.com, Deposit Account Agreement, Deposit Account Agreement

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Virtual Cards. A “Virtual Card” consists of a 16-digit account number, a 3-digit security code, and an expiration date, linked to the funds in your Account. These Virtual Cards can be used to purchase goods or services or make payments online or by phone without presenting your physical Oxygen Visa Debit Card number. The Virtual Cards can be temporary or re-usable, but in any case, expire one year from the last day of the calendar month during which the Virtual Account was created. When you use your Virtual Card, the legal effect will be the same as if you used the physical Oxygen Visa Debit Card itself. Transaction Type Frequency and/or Dollar Limits Virtual Card No more than 30 10 Virtual Cards at a time; and Up to $2,500.00 1,000 per Virtual Card* *The same transaction limitations as stated above for transaction type Card Purchase (Signature) in Section D.4 “Cash Access and Transaction Limitations” apply to Virtual Cards.

Appears in 3 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement

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Virtual Cards. A “Virtual Card” consists of a 16-digit account number, a 3-digit security code, and an expiration date, linked to the funds in your Account. These Virtual Cards can be used to purchase goods or services or make payments online or by phone without presenting your physical Oxygen Visa Business Debit Card number. The Virtual Cards can be temporary or re-usable, but in any case, expire one year from the last day of the calendar month during which the Virtual Account was created. When you use your Virtual Card, the legal effect will be the same as if you used the physical Oxygen Visa Business Debit Card itself. Transaction Type Frequency and/or Dollar Limits Virtual Card No more than 30 limit to the number of Virtual Cards active at a time; and Up to $2,500.00 per Virtual Card* ** The same transaction limitations as stated above for transaction type Card Purchase (Signature) in Section D.4 C.5. (Cash Access and Transaction Limitations”) apply to Virtual Cards.

Appears in 3 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement

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