MasterCard Standards definition

MasterCard Standards means the bylaws, rules and policies, and the operating regulations and procedures of MasterCard, as may be amended from time to time.
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Examples of MasterCard Standards in a sentence

  • As provided in the MasterCard Standards, the issuer operating expense reimbursement and compliance case claims of non-accepting issuers will be subject to a comprehensive review, including, in some cases, an audit.

  • If the Settlement Agreement is consummated, any issuer that accepts the ARO will: • Give up its and its covered sponsored issuers’ rights to obtain any other recoveries for the HPS Intrusion relative to their alerted-on MasterCard accounts under the MasterCard Standards, which recoveries theoretically could exceed the eligible issuer’s ARA.

  • Non-accepting issuers will reserve their ability to receive whatever recovery MasterCard determines they are entitled to on their issuer operating expense reimbursement and compliance case claims under the MasterCard Standards.