Common use of Card Security Service Clause in Contracts

Card Security Service. 20.1. The Card Security Service is a banking facility aimed at protecting customers – the Cardholders – from the consequences of a third party’s unlawful use of the card at ATMs, POS terminals and via the Internet in Georgia as well as abroad, and/or from an error that may occur during a transaction carried out by the Client, pursuant to terms and conditions envisaged in this Agreement and the Card Security Service Application. The service applies to payment card(s) selected/indicated in the Card Security Service Application and the account(s) linked thereto