Stored value means monetary value that is evidenced by an electronic record.
Stored value means monetary value representing a claim against the issuer evidenced by an electronic or digital record, and that is intended and accepted for use as a means of redemption for money or monetary value, or payment for goods or services. The term includes “prepaid access” as defined by 31 C.F.R. § 1010.100, as may be amended. Notwithstanding the foregoing, the term “stored value” does not include a payment instrument or closed loop stored value, or stored value not sold to the public but issued and distributed as part of a loyalty, rewards, or promotional program.
Stored value means monetary value representing a claim against the issuer that is
Examples of Stored value in a sentence
Stored value products are alternate media to cur- rency in which you transfer monetary value to the product and create a me- dium of exchange for your members’ use.
The United States Postal Service, except with respect to the sale of postage or philatelic products.(vv) Stored value.
Stored value cards and other items allowed per this guidance may be purchased in bulk and dispersed to clients as needed.
Stored value means monetary value that is evidenced by an electronic record.
Stored value does not include any item that is redeemable by the issuer or its affiliates in goods or services of the issuer or its affiliates.
More Definitions of Stored value
Stored value means any electronically (including magnetically) stored monetary value as represented by a claim on the issuer which is issued on receipt of funds or other assets for the purpose of making Payment Transactions, but does not include monetary value that can be used only to pay for goods or services referred to in Rule 2.6.4.
Stored value means monetary value that is evidenced by an electronic record. For the purposes of this subdivision, "electronic record" means information that is stored in an electronic medium and is retrievable in perceivable form.
Stored value means monetary value that is evidenced by an
Stored value means monetary value representing a claim
Stored value means the initial monetary value paid for and stored in the ez‑link stored value facility on the Citibank SMRT debit card or the residual value remaining therein from time to time, which value shall not a any time exceed $100 or such other amount as EZ‑Link may stipulate from time to time.
Stored value means a card or other device that
Stored value means money or monetary value in a digital electronic format, stored or capable of storage on an electronic medium in such a manner as to be retrievable and transferable electronically.