Card Funds definition

Card Funds means the SVF Deposits and Float from time to time;
Card Funds means funds available for spend on any particular Card having been loaded onto such Card from the Wallet.
Card Funds means funds in the Client Account, which are available to use for settlement with the Scheme.

Examples of Card Funds in a sentence

  • The Cardholder will be able to manage their card from the Cardholder Portal including registering their Card for 3D Secure (3DS), viewing their Card Funds, reporting a Card lost or stolen, and reviewing their recent transaction history.

  • If it is lost or stolen, the Cardholder may lose some or all of the Card Funds on the Card.

  • Perx will deduct the value of any transactions from Card Funds on the relevant Card as soon as they are made.


More Definitions of Card Funds

Card Funds. Funding", or "Funds" means an amount equal to the United States Dollar ("USD") amount added to Your Card, less any amounts previously obtained by You and any fees, charges, conversion fees and other expenses incurred in connection with Your Card. "SCU", "We" and "Us" means Services Credit Union, the financial institution issuing Your Card. "PIN" means the personal identification number which You choose for Your Card. "You", "Your" and/or "Cardholder'' means the individual to whom the Card is issued. Using the Card. You must sign the back of Your Card and activate Your Card before use by calling 0-000-000-0000 and following the instructions. Your initial access code is the last 4 digits of your telephone number. You may add funds to Your Card 3 times after the initial load. You may load your Card at xxx.xxxxxxx.xxx. You may add Funds up to four (4) times per the life of the Card not to exceed a balance of $5,000 at any time. There is a 3 to 5 day hold on funds transferred from Your account to Your Card. A minimum of $100.00 may be loaded on Your Card. You may use the Card to withdraw funds, receive cash advances, and/or make PIN-based transactions and/or merchant purchases. At the time of each purchase, You may be asked to sign a receipt or enter your PIN for the transaction. The dollar amount of the purchase will be deducted from the balance of Your Card. If You plan to make a purchase for an amount which exceeds the balance, You must inform the merchant before making the purchase; A merchant will require payment for the excess. For merchant PIN transactions, You may make twenty-five (25) transactions per day with a $2,500 daily maximum or Your Card balance, whichever is less. For merchant signature purchases, You may make twenty-five (25) transactions per day with a $5,000 daily maximum or Your Card balance, whichever is less. For over-the- counter cash advances, You may make two (2) per day with a $1,000 daily maximum or Your Card balance, whichever is less. If You improperly receive value greater than the remaining balance on Your Card, You will be liable for the amount by which Your transaction exceeds the remaining balance and a fee of $15.00 will be assessed. SCU is not responsible for a merchant's refusal to accept Your Card. Your Card may not be refunded or exchanged for cash or credit. If You give Your Card to another person or allow access to Your account, You will be deemed to authorize all transactions until You give SCU notice that further tra...
Card Funds. “Funding”, or “Funds” means an amount equal to the United States Dollar (“USD”) amount added to Your Card, less any amounts previously obtained by You and any fees, charges, conversion fees and other expenses incurred in connection with Your Card. “SCU”, “We” and “Us” means Services Credit Union, the financial institution issuing Your Card. “PIN” means the personal identification number which You choose for Your Card. “You”, “Your” and/or “Cardholder” means the individual to whom the Card is issued. Using the Card. You must sign the back of Your Card and activate Your Card before use at xxxxxxx.xxx or by calling 0-000-000-0000 and following the instructions. Your initial access code is the last 4 digits of your telephone number. You may add Funds up to five
Card Funds. “Funding”, or “Funds” means an amount equal to the United States Dollar (“USD”) amount added to Your Card, less any amounts previously obtained by You and any fees, charges, conversion fees and other expenses incurred in connection with Your
Card Funds means the SVF Deposits and Float from time to time;Card Funds deposited in the Designated Bank Accounts as a bare trustee for Client Funds Company absolutely.2A.5 We shall further maintain Card Funds respectively relating to Octopus and O! ePay Accounts held by us as at the Commencement Date in the relevant Designated Bank Accounts.2A.6 Subject to Condition 2A.8, we will administer the Card Funds on behalf of Client Funds Company in accordance with these Conditions of Issue and are authorised to deposit and withdraw money into and out of the Designated Bank Accounts in accordance with these Conditions of Issue.2A.7 In particular, we shall deduct from Card Funds:(a) such sums as are required to meet payments and other transactions made by holders of Octopus and O! ePay Account Holders, including without limitation payments under Condition 3.3;(b) any refunds or other payments made or due in accordance with these Conditions of Issue;(c) any interest accrued or other returns generated on Card Funds;(d) the fees or other costs or amounts which we are allowed to charge or deduct in accordance with these Conditions of Issues; and(e) any Card Funds forfeited in accordance with Condition 15A.2.For the avoidance of doubt, we shall be entitled to the amounts specified in Conditions 2A.7(c), (d) and (e) and are authorised to deduct or call for payment of such amounts on such dates as we shall reasonably decide.2A.8 We shall administer the Card Funds for the purpose of ensuring that there will always be sufficient funds for redemption by you.2A.9 We will take all reasonable organisational measures to minimise risks of loss or diminution of Card Funds through theft, fraud, misuse, misappropriation, negligence or poor administration.2A.10 We shall ensure that the bank(s) and financial services company(ies) with which we maintain the Designated Bank Accounts shall have no rights (including without limitation any right of setoff) over Card Funds.

Related to Card Funds

  • Card Account means the account maintained with the Bank in respect of the Card;

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Card means the Visa credit card and any duplicates, renewals, or substitutions the Credit Union issues to you; "account" means your Visa credit card line-of-credit account with the Credit Union; and "Credit Union" means the Credit Union whose name appears on this Agreement or anyone to whom the Credit Union transfers this Agreement.