Closed loop stored value means stored value that is redeemable by the issuer only for goods or services provided by the issuer or its affiliate or franchisees of the issuer or its affiliate, except to the extent required by applicable law to be redeemable in cash for its cash value.
Closed loop stored value means stored value that is redeemable by
Closed loop stored value means stored value that is
Examples of Closed loop stored value in a sentence
Closed loop ((stored value)) prepaid access" means ((stored value, when that value or credit is primarily intended to)) prepaid access that can only be redeemed for a limited universe of goods, intangibles, services, or other items provided by the issuer of the ((stored value)) prepaid access, its affiliates, or others involved in transactions functionally related to the issuer or its affiliates.
Closed loop stored value" means stored value, when that value or credit is primarily intended to be redeemed for a limited universe of goods, intangibles, services, or other items provided by the issuer of the stored value, or its affiliates., or others involved in transactions functionally related to the issuer or its affiliates.
More Definitions of Closed loop stored value
Closed loop stored value means stored value that is redeemable by the issuer only for
Closed loop stored value means stored value that is redeemable by the issuer only for goods or services provided by the issuer or the issuer's affiliates or franchisees of the issuer or the franchisees's affiliates, except to the extent required by applicable law to be redeemable in cash for its cash value.
Closed loop stored value means stored value, when that value or credit is primarily intended to be redeemed for a limited universe of goods, intangibles, services, or other items provided by the issuer of the stored value, or its affiliates., or others involved in transactions functionally related to the issuer or its affiliates.
Closed loop stored value means stored value that 2-9 is redeemable by the issuer only for goods or services provided by 2-10 the issuer, the issuer ’s affiliate, or a franchisee of the issuer or 2-11 the issuer ’s affiliate, except to the extent required by applicable