Payment Card definition

Payment Card means a credit card, charge card, debit card, or any other card that is issued to an authorized card user and that allows the user to obtain, purchase, or receive goods, services, money, or anything else of value from a merchant.
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Payment Card means a credit card, charge card, debit
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Payment Card means any card, coupon book, or other device, including a code or any other means of access to an account, that may be used from time to time to obtain money or to make payment, and includes a debit, credit and stored-value card;
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Examples of Payment Card in a sentence

  • Payment card: Generic term for debit, credit, combination, prepaid and delayed debit cards.

  • Payment card networks assign Bank Identification Num- bers (BINs) to member-institutions for pur- poses of issuing cards, authorizing, clearing, settling, and other processes.

  • Payment card net- works that plan to allow issuers to receive higher interchange fees than permitted under §§ 235.3 and 235.4 pursuant to one of the exemptions in § 235.5 could develop their own processes for identifying issuers and prod- ucts eligible for such exemptions.

  • Payment card networks that plan to allow issuers to receive or charge a fraud- prevention adjustment can develop processes for identifying issuers eligible for this ad- justment.

  • Types of E-Payment – Payment card [credit card and debit card], Electronic or digital cash.


More Definitions of Payment Card

Payment Card means a category of payment instrument that enables the payer to initiate a debit or credit card transaction;
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Payment Card means a credit card or a debit card.
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Payment Card means a credit card, charge card, debit card, stored value card or any card
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Payment Card means a credit card, debit card, check card, or other card that is issued to an authorized user to purchase or obtain goods, services, money, or any other thing of value.
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Payment Card means a device enabling its holder to make payments for goods and services either at an accepting device or remotely, and/or to access cash and/or other services at an ATM or another self-service device and to transfer funds and which enables payment transaction initiation and its execution within a card payment scheme;
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Payment Card means a debit or credit card.
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Payment Card means a record issued by the authority or a related party if the following apply:
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