USING A CARD. 4.1 A Card is linked to Client’s Account, and the Card is known as a “prepaid” card (and not as a credit card, charge card or debit card).
USING A CARD. 10.1.1. The Card is a prepaid product which can be used by the Customer and any Cardholders to pay for Products and Services from Merchants in-store as contactless or Chip and PIN transactions, to make card not present transactions e.g. online purchases, mail order or telephone orders, and to make recurring transactions, where a merchant providing goods/services authorises the charging of periodic (e.g. weekly, monthly, or yearly), automatic payments during a set amount of time, unless otherwise agreed with the Company in line with predefined spend profiles (predefined spend profiles will be as set out in the Application or otherwise amended by the Customer’s Appointed Administrator using the Online Account Management Portal or contacting Customer Services). Cards shall not be used as a basis for cheque guarantee or for other similar use. The Customer undertakes not to factor any debts to a third party without the Company’s written agreement.
USING A CARD. 8.1 Detailed instructions on how to use a Card are found on the Website. The Cardholder will need to follow these instructions when using their Card. Perx will deduct the value of any transactions from Card Funds on the relevant Card as soon as they are made. Perx will also deduct any applicable fees as soon as they become payable by the Cardholder. See the Fees section at clause 7.3 above which details the Cardholder Fees.
USING A CARD. Cards may not be used for ATM cash withdrawals, may not be used for Business payroll payments, and may be used for purchases within United States and Internationally, subject to restricted countries. Authorized User may use a Card to make purchases at any merchant that accepts Visa debit cards or debit cards of other networks in which the Bank participates, subject to the available Card Account balance, the transaction limits and transaction restrictions outlined below, and the other terms and condition of this Agreement. If Authorized User uses a Card number without presenting the Card (such as for a mail order, telephone, or Internet purchase), the legal effect will be the same as if Authorized User used the Card itself. Each time Authorized User uses a Card, Business Account Owner authorizes us to reduce the value available in the Card Account by the amount of the transaction and any applicable fees. Authorized User is not allowed to exceed the amount of the available funds in the Business Account or allocated to his or her Card Account, whichever is less, through an individual transaction or a series of transactions. Nevertheless, if a transaction exceeds the amount of available funds in the Business Account or allocated to an Authorized User’s Card Account, Business Account Owner will be fully liable to us for the full amount of the transaction and any applicable fees. We may refuse to process a transaction, or temporarily “freeze” a Card Account and attempt to contact a Business Administrator if we notice transactions that are unusual or appear suspicious, or use of the Card that are not consistent with its intended use.
USING A CARD. Cards may not be used for Business payroll payments, and may only be used for purchases within United States and internationally, subject to restricted countries. With a PIN, a Card may be able to be used to obtain cash at automated teller machines (“ATMs”) that display the Mastercard marks or at any point-of-sale device that bears the Mastercard marks as permitted by the merchant and subject to the available Card Account balance, the transaction limits described below, and the other terms and conditions of this Agreement and the Motive Spend Management Services Agreement. For security purposes we may, in our sole discretion, limit your use of the Card at ATMs. ATM limits include a maximum withdrawal of $500 per transaction, $500 per day per Card, and $10,000 per month per Business Account. In addition, ATM owners and operators may impose additional limits and surcharges on ATM transactions. An Authorized User may use a Card to make purchases at any merchant that accepts Mastercard debit cards or debit cards of other networks in which the Bank participates, subject to the available Card Account balance, the transaction limits and transaction restrictions outlined below, and the other terms and conditions of this Agreement. If Authorized User uses a Card number without presenting the Card (such as for a mail order, telephone, or Internet purchase), the legal effect will be the same as if Authorized User used the Card itself. Each time Authorized User uses a Card, Business Account Owner authorizes us to reduce the value available in the Card Account by the amount of the transaction and any applicable fees. Authorized User is not allowed to exceed the amount of the available funds in the Business Account or allocated to his or her Card Account, whichever is less, through an individual transaction or a series of transactions. Nevertheless, if a transaction exceeds the amount of available funds in the Business Account or allocated to an Authorized User’s Card Account, Business Account Owner will be fully liable to us for the full amount of the transaction and any applicable fees. We may refuse to process a transaction, or temporarily “freeze” a Card Account and attempt to contact a Business Administrator if we notice transactions that are unusual or appear suspicious, or use of the Card that are not consistent with its intended use.
