Generic Card definition
Examples of Generic Card in a sentence
Client acknowledges that Generic Cards are subject to additional risks because no individual Cardholder is associated with a Generic Card.
Use of a Generic Card substantially increases the risk of unauthorized Card use (that is, use of a Generic Card by an individual without implied, actual, or apparent authority to incur charges with the Generic Card and from which use Client receives no benefit) because there is no indication on the Generic Card itself that the holder is or is not authorized to use the Generic Card.
Notwithstanding anything to the contrary in the Card Program Documents, Client is liable for all indebtedness arising out of the use of Generic Cards, in each case whether authorized or unauthorized by Client, and whether or not Bank is notified that the Generic Card has been lost or stolen.
Graphics on Generic Card (logos on card)...............................................