card payment scheme definition
card payment scheme means a set of functions, procedures, rules and devices enabling the holder of a payment card to effect a card-based payment transaction and/or cash withdrawal with a payment service provider.
card payment scheme means a bank payment system, a card payment system (such as Visa, MasterCard, American Express etc.) or any other payment, clearing or settlement system or similar arrangement that is being used as part of the MNI Services.
card payment scheme means a set of functions, procedures, rules and devices enabling the holder of a payment card to ef- fect a payment and/or cash withdrawal transaction with a pay- ment service provider.
Examples of card payment scheme in a sentence
In addition, in the event fraudulent transactions identified by the Brands, Issuers, Transbank or any entity whose purpose is to prevent or control the legitimacy of transactions in the Card payment scheme, whether they are in person or not, are verified, the Business must cooperate with delivering truthful and prompt information and provide access to its surroundings, in order to control the detected situation.
More Definitions of card payment scheme
card payment scheme means a set of functions, procedures, rules
card payment scheme means Mastercard or any other Card Payment Scheme as notified by Novum to the E-Merchant or otherwise agreed in writing by the parties from time to time.
card payment scheme means a bank payment system, a card payment system (such as Visa, MasterCard, American Express etc.) or any other