Valid Card definition

Valid Card is a Card that is (i) properly issued under the authority of a Card Network (not counterfeit); (ii) “current” according to any beginning and expiration dates on the Card; (iii) signed by the Cardholder named on the front or other authorized signer, or in the case of CNP Transactions, in compliance with the applicable Operating Rules; (iv) not listed at the time of a Transaction in a warning bulletin or notice issued by a Card Network; and (v) not visibly altered or mutilated when physically present at the POS.
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Valid Card means an unexpired card issued by any institution designated to issue a Visa, MasterCard, Visa Electron or other card as may be specified by the bank from time to time provided that the card is not listed in a current warning or restricted card bulletins or notices and bears the signature of the person in whose name the card is personalized.
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Valid Card means a Card, which, on the date Supplies are provided to the Card User has not expired, and either:
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Examples of Valid Card in a sentence

  • The Card will be honoured only when a Valid Card is duly signed on the reverse and presented to a Merchant Establishment by you.

  • It is clarified that the Card shall be honored only when a Valid Card is duly signed on the reverse and presented to a Merchant Establishment by Cardmember.

  • The Globally Valid Card issued to you is valid for payments in Nepal and Bhutan only in Indian Rupees.

  • RapiPay shall, without prejudice to its other rights, be entitled to debit the payment to be made to the Merchant and/or from any other account of the Merchant with RapiPay and/or shall also be entitled to set-off the same from any amounts due to the Merchant by RapiPay and make a corresponding credit to the Customer's Valid Card.

  • The Merchant shall refrain from indulging in any practice whereby the Merchant refuses to accept a Valid Card for payment.


More Definitions of Valid Card

Valid Card means a Credit Card which is issued by the Bank and has not expired, not been damaged or been cancelled by the Bank or Cardmember.
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Valid Card means a Visa or a MasterCard credit card, Amex card, debit card or any other card acceptance facility provided by the Master Merchant, the Facility Providers or the Acquiring Banks and which is not listed in Visa/MasterCard’s and other current warning bulletins.
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Valid Card means a Card:
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Valid Card means a Card which has not been cancelled, suspended or expired.
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Valid Card means a VISA/Mastercard/American Express/Rupay or any other debit or credit card issued as per the rules of any such card association as notified by RapiPay from time to time bearing signature of the holder.
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Valid Card means an unexpired Card issued by any institution designated to issue the Card which are enabled by Card Association and bears the signature of the person in whose name the Card is personalized. Valid cards also include closed loop cards issued by institutions for specific acceptance such as meal and travel cards. Valid card maybe tokenised or digitised in the form of a card on mobile or as a stored value of the card on any digital device for purpose of acceptance
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Valid Card a credit or debit or other card issued by an Issuer or a Card Organization: (a) which is permitted by SBI for Transaction(s), (b) bears Card Organization’s logo, hologram and name of the Issuer and such other details as may be stipulated by SBI, (c) has not expired, (d) bears the signature of the person whose name is embossed on the card, (e) is not mutilated, altered or damaged and (f) is not listed in any alert by the card schemes.
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