MasterCard Rules (PDF)

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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
Sales Transactions and Cash Disbursements 8.4 Requirements for Specific Transaction Types Country Code Country Country Code Country 268 Georgia 705 Slovenia 348 Hungary 792 Turkey 376 Israel 804 Ukraine 398 Kazakhstan The Corporation reserves the right to audit or to monitor any MoneySend Payment Transaction Program at any time. NOTE Rule variations on this topic appear in Chapter 12, “Europe Region Rules,” of this rulebook. 8.4.11.1 MoneySend Payment Transaction Requirements Acquirers that send MoneySend Payment Transactions and Issuers that receive MoneySend Payment Transactions pursuant to the MasterCard MoneySend platform must comply with all of the requirements set forth herein. 1. Only Acquirers and Issuers approved and registered by the Corporation may effect MoneySend Payment Transactions pursuant to the MasterCard MoneySend platform. In the countries listed below, only Acquirers must register with the Corporation. Albania Georgia Romania Armenia Hungary Russian Federation Azerbaijan Israel Serbia Belarus Kazakhstan Slovakia Bosnia and Herzegovina Kosovo Slovenia Bulgaria Macedonia Turkey Croatia Malta Ukraine Cyprus Moldova Czech Republic Poland 2. A MoneySend Payment Transaction must be effected on the date agreed with the person whose Card account is to be debited (the “sender”), and must not be effected in a manner that is inconsistent with the sender’s expressed preference(s). 3. The Acquirer must submit an authorization request to the Issuer for each MoneySend Payment Transaction. MoneySend Payment Transaction ©1969–2012 MasterCard. Proprietary. All rights reserved. MasterCard Rules • 12 December 2012 8-29
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MasterCard Rules 12 December 2012
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Summary of Changes, 12 December 201
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Description of Change Where to Look
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Table of Contents Definitions .....
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Table of Contents 3.6 Provision and
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Table of Contents 5.8 Card Acceptan
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Table of Contents 7.3.11 Settlement
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Table of Contents 9.1 Definitions..
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Table of Contents 5.8 Card Acceptan
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Table of Contents 2.1 Purpose of Li
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Table of Contents 3.9 Additional Cu
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Table of Contents C.2.4 CAT Level 3
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Card A card issued by a Customer pu
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Electronic Money Issuer An Electron
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MasterCard PayPass Magnetic Stripe
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Processed Transaction A Transaction
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Sub-merchant A merchant that, pursu
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1.1 Types of Customers Participatio
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Participation 1.5 Obligations, Righ
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Participation 1.6 Termination of Pa
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Chapter 2 Licensing and Licensed Ac
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Licensing and Licensed Activities 2
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Licensing and Licensed Activities C
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Customer Obligations 3.7 Quarterly
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Customer Obligations 3.1 Standards
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Customer Obligations 3.1 Standards
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Customer Obligations 3.2 Conduct of
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Customer Obligations 3.3 Indemnity
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Customer Obligations 3.6 Provision
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Customer Obligations 3.6 Provision
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Customer Obligations 3.7 Quarterly
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Customer Obligations 3.9 Additional
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Customer Obligations 3.10 Limitatio
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Chapter 4 Trademarks and Service Ma
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4.1 Right to Use the Marks 4.1.1 Li
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Trademarks and Service Marks 4.2 Ge
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NOTE Trademarks and Service Marks 4
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Trademarks and Service Marks 4.2 Ge
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Trademarks and Service Marks Compli
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Chapter 5 Merchants This chapter co
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5.1 The Merchant Agreement Merchant
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5.2 Acquirer Obligations Merchants
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Merchants 5.4 Use of a Payment Faci
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Merchants 5.5 Payment Facilitator O
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Merchants 5.5 Payment Facilitator O
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5.5.4.4 Payments to Sub-merchants M
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Merchants 5.7 Use of the Marks An A
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5.8.4 Additional Cardholder Identif
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Merchants 5.11 Prohibited Practices
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5.11.8 Disparagement NOTE 5.12 Secu
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Merchants Compliance Zones Rule Num
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Special Issuer Programs 6.6.5 Commu
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Special Issuer Programs 6.2 Affinit
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Special Issuer Programs 6.3 Brand V
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Special Issuer Programs 6.4 Remote
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Special Issuer Programs 6.6 Prepaid
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Special Issuer Programs 6.6 Prepaid
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Special Issuer Programs Compliance
Page 129 and 130: Chapter 7 Service Providers This ch
Page 131 and 132: 7.1 Service Provider Categories Ser
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Page 135 and 136: Service Providers 7.3 General Oblig
Page 141 and 142: 7.3.14 Indemnification Service Prov
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Page 145 and 146: Service Providers 7.6 Service Provi
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Page 153 and 154: 8.1 Transaction Requirements Sales
Page 161 and 162: IF... THEN... The final Transaction
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Page 191 and 192: Chapter 9 Settlement This chapter c
Page 193 and 194: Settlement 9.3 Currency Conversion
Page 195 and 196: Settlement 9.6 Cost Studies 9.5.2 I
Page 197 and 198: Chapter 10 Asia/Pacific Region Rule
Page 199 and 200: Organization of this Chapter Asia/P
Page 201 and 202: Asia/Pacific Region Rules 4.1 Right
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Page 205 and 206: 6.2 Affinity and Co-Brand Card Prog
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Page 211 and 212: 9.5.2 Intraregional Fees Asia/Pacif
Page 213 and 214: Organization of this Chapter Canada
Page 215 and 216: Canada Region Rules 8.4 Requirement
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Page 221 and 222: Chapter 12 Europe Region Rules This
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Europe Region Rules 3.4 Choice of L
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c. The basis for calculation of the
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Europe Region Rules 3.6 Provision a
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Europe Region Rules 3.10 Limitation
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5.1 The Merchant Agreement 5.1.2 Re
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8.1 Transaction Requirements 8.1.1
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Europe Region Rules 8.3 Card Accept
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8.4.3 Card-not-present Transactions
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Europe Region Rules 8.4 Requirement
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Europe Region Rules 8.4 Requirement
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Europe Region Rules 8.8 Use of Auto
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Europe Region Rules 9.2 Net Settlem
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2.7 Liability for Assigned ICAs and
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8.4.5 Purchase With Cash Back Trans
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Europe Region Rules Section 12b—S
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Chapter 13 Latin America and the Ca
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Latin America and the Caribbean Reg
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Organization of this Chapter South
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South Asia/Middle East/Africa Regio
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4.2 General Rules for Use of the Ma
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Section 14b—India Rules Organizat
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8.4.5 Purchase With Cash Back Trans
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United States Region Rules 5.11.2 C
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Organization of this Chapter Defini
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United States Region Rules 2.11 Sal
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United States Region Rules 3.8 Auth
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United States Region Rules 3.9 Addi
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United States Region Rules 3.13 Acc
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United States Region Rules 5.11 Pro
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7.2 Service Provider Categories 7.1
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United States Region Rules 7.6 Serv
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United States Region Rules 8.2 Auth
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Effective Date MCC Description 7997
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NOTE Effective Date MCC Description
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United States Region Rules 8.9 Acqu
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2.19 Risk of Loss United States Reg
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United States Region Rules Section
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Appendix A Geographical Regions A.1
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Geographical Regions A.2 Canada Reg
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Geographical Regions A.3.1 Single E
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Geographical Regions A.4 Latin Amer
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Geographical Regions A.5 South Asia
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Appendix B Transaction Identificati
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Transaction Identification Requirem
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Appendix C Cardholder-activated Ter
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Cardholder-activated Terminal (CAT)
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Appendix D Lodging Merchant Service
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Lodging Merchant Services D.2 Expre
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