PicPay Card definition
PicPay Card means payment instruments issued by Original belonging to a Product Line in the best interests of the Partnership, and using the brand “PicPay” on a “co-branded” card. Such cards have all the features of a conventional credit card, in accordance with market practices, and other specific features defined in this Agreement, such as their use for handling the PicPay Payment Account and other financial products at the discretion of the Parties.
Examples of PicPay Card in a sentence
Without prejudice to the provisions of item 35, PicPay shall provide the initial assistance to all Users of the PicPay Card.
DEBIT: on a monthly basis, the Bank shall transfer to PicPay fifty percent (50%) of the total calculated in the Interchange Revenue account accounted for the purchase transactions made in the PicPay Card debit function in the Mastercard Payment Arrangement.