Stored-value card definition

Stored-value card means a record evidencing a promise made
Stored-value card means a record evidencing a promise made for consideration by the seller or issuer of the record that goods, services, or money will be provided to the owner of the record to the value or amount shown in the record. The term:
Stored-value card means a card, code, or other

Examples of Stored-value card in a sentence

  • By definition, the Card provided in accordance with the Electronic Payment Card Program (also referred to as Stored Value Card or SVC) is a prepaid debit card that assesses a value balance account.

  • In the event that ADP provides Stored Value Card Services to Client, the provisions of Section 10.7.15 of Annex A shall apply.

  • This Section 1.5 applies only if Merchant elects to accept Stored Value Cards from its Customers and submits such Stored Value Card Transactions to Chase Paymentech for processing.

  • Merchant hereby agrees to pay Processor fees for these Stored Value Card Program’s services in an amount set forth in Merchant Processing Agreement or Addendum.

  • INSTALLATION: Each Jamex Stored Value Card Dispenser AND Dispenser & Re-Value Station MUST include item 7640008125, KMBS Installation Fee for Jamex Units and Accessories (per main unit and accessory).


More Definitions of Stored-value card

Stored-value card means a reloadable or non-reloadable record:
Stored-value card means a card, code, or other device, including a merchandise
Stored-value card means a payment instrument which stores electronic money equivalent to the monetary value of funds received from the cardholder;
Stored-value card means a record that evidences a promise for consideration by the holder of the record
Stored-value card means a card, code, or other device, including a merchandise credit or rebate card, which is:
Stored-value card means a record that evidences a promise for consideration by the holder of the record that the owner of the record will be provided, solely or a combination of, merchandise, services, or cash in the value shown in the record, which is pre-funded and the value of which may be increased by the owner or holder or decreased by redemption.
Stored-value card means a record evidencing a