MasterCard Debit Card definition

MasterCard Debit Card means any MasterCard Card that in any way accesses or is otherwise primarily associated with a deposit, a retail mutual fund, brokerage, prepaid or other asset account.
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MasterCard Debit Card means any MasterCard Card that in any way accesses or is otherwise primarily associated with a deposit, a retail mutual fund, brokerage, prepaid or other asset account. (p) “Qualified MasterCard Debit Transaction” means a recurring or one-time Applicable Transaction that (i) is a Dual Message-based transaction (e.g., excluding PIN and ATM and other Single Message-based transactions); (ii) is made using a MasterCard Debit Card; and (iii) is authorized, cleared and settled through the GCMS. (q) *** (r) “Standards” means the Amended and Restated Certificate of Incorporation and the bylaws, operating rules, regulations, policies, and procedures of MasterCard, including but not limited to any manuals, guides or bulletins, as may be amended from time to time. (s) “Single Message” means the method of processing a payment or cash disbursement transaction using a Card pursuant to which one (1) message is sent with respect to the payment or cash disbursement transaction, which such message authorizes and clears the applicable transaction for a final amount. (t) “Territory” shall mean the fifty (50) states of the United States of America and the District of Columbia, but does not include territories or possessions of the United States of America. (u) “Volume” means the United States dollar volume for Applicable Transactions that are (i) dual-message, signature-based transactions (e.g., a non-PIN transactions); and (ii) made using a Debit Card.
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Examples of MasterCard Debit Card in a sentence

  • You will have no liability for the unauthorized use of Your MasterCard Debit Card as long as You used reasonable care in safeguarding Your Card from loss or theft and, upon becoming aware of such loss or theft, promptly report that loss or theft to the Credit Union.

  • Liability for Unauthorized MasterCard Debit Card Transactions on Cards Issued to Certain Consumers and Small Businesses.

  • Liability for Unauthorized MasterCard Debit Card Transactions on Cards Issuedto Certain Consumersand Small Businesses.

  • If any of your accounts accessed under this Agreement are joint accounts, all joint owners, including any authorized users, shall be bound by this Agreement and, alone and together, shall be responsible for all MasterCard Debit Card transactions to or from any share and share draft or loan accounts as provided in this Agreement.

  • There are certain fees and charges for MasterCard Debit Card services.

  • Each joint account owner is authorized to act for the other account owners, and the credit union may accept orders and instructions regarding any MasterCard Debit Card transaction on any account from any joint account owner.

  • We may also program our computer not to accept your card or access code for MasterCard Debit Card services.

  • If you fail to maintain the security of this access code and the credit union suffers a loss, we may terminate your MasterCard Debit Card services immediately.

  • In case of errors or questions about MasterCard Debit Card transactions, please call us at the following number or send us a written notice to the following address as soon as you can.

  • You will not be liable for any unauthorized transactions using your MasterCard Debit Card if: (i) you can demonstrate that you have exercised reasonable care in safeguarding your card from the risk of loss or theft, and (ii) upon becoming aware of a loss or theft, you promptly report the loss or theft to us.