MasterCard Standards definition

MasterCard Standards means the bylaws, rules and policies, and the operating regulations and procedures of MasterCard, as may be amended from time to time.
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Examples of MasterCard Standards in a sentence

  • As provided in the MasterCard Standards, the issuer operating expense reimbursement and compliance case claims of non-accepting issuers will be subject to a comprehensive review, including, in some cases, an audit.

  • If the Settlement Agreement is consummated, any issuer that accepts the ARO will: • Give up its and its covered sponsored issuers’ rights to obtain any other recoveries for the HPS Intrusion relative to their alerted-on MasterCard accounts under the MasterCard Standards, which recoveries theoretically could exceed the eligible issuer’s ARA.

  • Non-accepting issuers will reserve their ability to receive whatever recovery MasterCard determines they are entitled to on their issuer operating expense reimbursement and compliance case claims under the MasterCard Standards.

Related to MasterCard Standards

  • PCI Standards means the applicable Data Security Standards published by the PCI Security Standards Council.

  • MasterCard means MasterCard International Incorporated.

  • Security Standards means the final rule implementing HIPAA’s Security Standards for the Protection of Electronic PHI, as amended.

  • Credit Card Guidelines means the respective policies and procedures of the Account Owner, as the case may be, as such policies and procedures may be amended from time to time, (a) relating to the operation of its credit card business, which generally are applicable to its portfolio of revolving credit card accounts and in each case which are consistent with prudent practice, including the policies and procedures for determining the creditworthiness of credit card customers and the extension of credit to credit card customers, and (b) relating to the maintenance of revolving credit card accounts and collection of credit card receivables.

  • Codes and Standards means all the applicable codes and standards as indicated in the Specification.