MASTERCARD® PREPAID VIRTUAL CORPORATE OWNED FUNDS CARD
This schedule ("Schedule"), together with the Reloadable International Mastercard Prepaid Corporate Owned Funds Card Terms and Conditions ("Terms") govern the use of Your Card. Both the Schedule and the Terms are referred to as this Agreement.
You will be asked to confirm Your acceptance of this Agreement when You apply for Cards via the Corporate Account Platform. If You refuse to accept this Agreement, We will not be able to complete Your order for Cards.
Unless specifically stated otherwise, words and expressions in this Schedule have the same meaning and interpretation as defined in the Terms.
Card Scheme: Mastercard International Incorporated. Mastercard is a registered trademark of Mastercard International Incorporated.
Denominated Currency: United States Dollar.
1. Customer Services
The Customer Service Department can be contacted via the below channels:
- • By e-mail: email@example.com
- • On the Website
Please note that We reserve the right, after having informed You, to monitor/record the conversations between You and Customer Services for quality assurance purposes.
2. Information to be provided in order to activate the Card
The Card User must activate the Card as soon as it is received by following the instructions detailed on the information document accompanying the Card.
3. Services included in the Card
Communication of balance statements
You can find out the available funds remaining on Your Card at any time by accessing the Website.
|Cards issued in Europe excluding France|
|Maximum amount authorised per load||11 000 USD|
|Maximum amount authorised per day||11 000 USD|
|Maximum amount authorised per month||22 000 USD|
|Maximum balance on card||11 000 USD|
|Total value of load over 365 days||65 000 USD|
|Number of purchases allowed per day||30 purchases|
|Maximum value of single purchase transaction||5 500 USD|
|Total value of purchases allowed per day||11 000 USD|
|Number of purchases allowed over 4 days||120 purchases|
|Total value of purchases allowed over 4 days||22 000 USD|
All payments made using Your Card shall be in the Denominated Currency. If the Card is used to pay for goods and services in a different currency to the Denominated Currency, the amount payable shall be converted at the Mastercard conversion rate at the time Your transaction is processed. The Mastercard conversion rate is displayed on https://www.mastercard.com/global/currencyconversion/ . The Mastercard conversion rate may vary throughout the day and is not set by Us.
Note that exchange rates can fluctuate and that they may change between the time when the Transaction is made and the time when it is settled and billed to Your Card. A foreign exchange management fee will apply as set out below:
|Paying with Your Card||Payment with Your Card in Your Card's currency(1)||free|
|Payment in a different currency than Your Card's currency(1)||free|
|Foreign exchange management fee||Fee applicable on all operations made in a different currency than the Card's currency||1%|
|(1) Note: some merchants, in some countries, may charge an additional fee for payment by card. These fees, which are set by the merchant, will be notified to You at the time of purchase.|
|LOAD AND TRANSFER FEES|
|Load Your Card||Bank transfer load fee||free|
|INTERNET AND CUSTOMER SERVICE|
|Web Service fees||Activation||free|
|Obtain Your balance||free|
|Obtain the details of all Your transactions||free|
|Retrieve and print statements||free|
|Block or unblock Your Card||free|
|Declare Your Card lost or stolen||free|
|Chargeback Management||$20||per chargeback|
|We do not recommend using a virtual Card to purchase an item over the Internet that subsequently would require the presentation of a physical reference device in order to obtain that item. Examples include certain theatre ticket purchases, hotel stays, car rentals, and online purchases picked up in person.|