MasterCard Rules (PDF)

Sales Transactions and Cash Disbursements
8.4 Requirements for Specific Transaction Types
8. Funds for the Payment Transaction must be deemed collected and in the
control of the Acquirer before the Payment Transaction is submitted to the
Interchange System.
9. A Payment Transaction only may be reversed for reason of a documented
clerical error. In such an event, the error must be reversed within three
calendar days of the date the Payment Transaction was submitted to the
Interchange System. Reversible clerical errors include, by way of example
and not limitation, the erroneous capture of Transaction data, a duplicate
Transaction, or an error caused by the transposition of data.
10. A Merchant effecting Payment Transactions must honor all valid Cards
without discrimination.
NOTE
Additions to this Rule appear in Chapter 12, “Europe Region Rules.”
8.4.10.1 Gaming Payment Transactions
NOTE
Regional Rules on this topic appear in Chapter 12, “Europe Region Rules.”
8.4.11 MoneySend Payment Transactions
A MoneySend Payment Transaction is a transfer of funds to a Card account
via the MasterCard MoneySend platform through the Interchange System. A
MoneySend Payment Transaction is not a credit that reverses a previous Card
purchase. A MoneySend Payment Transaction must not be sent to a Card issued
in India that is linked to a credit account.
All Issuers in the countries listed below must properly process and authorize
MoneySend Payment Transactions.
Country Code Country Country Code Country
008 Albania 900 Kosovo
051 Armenia 807 Macedonia
031 Azerbaijan 470 Malta
112 Belarus 498 Moldova
>>
070 Bosnia and
Herzegovina
616 Poland
100 Bulgaria 642 Romania
196 Croatia 643 Russian Federation
191 Cyprus 688 Serbia
203 Czech Republic 703 Slovakia
©1969–2012 MasterCard. Proprietary. All rights reserved.
8-28 12 December 2012 • MasterCard Rules