MasterCard Rules (PDF)

Organization of this Chapter
Definitions
United States Region Rules
Organization of this Chapter
The Rules in this Chapter 15 are variances and additions to the “global” Rules
that apply in the United States Region.
Solely for the purposes of this Chapter 15, the following terms have the
meanings set forth below.
1. “Affiliate” means a financial institution that is eligible and approved to
be a Customer pursuant to Rule 1.1.3 and is Sponsored by a Principal,
Association, or a Type I TPP.
2. “Sponsor” means the relationship described in the Standards between a
Principal, Association, or a Type I TPP and an Affiliate that engages in
Activity indirectly through the Principal, Association, or Type I TPP. In such
event, the Principal, Association, or the Type I TPP is the Sponsor of the
Affiliate and the Affiliate is Sponsored by the Principal, Association, or the
Type I TPP.
3. “Sponsorship” means the relationship between a Principal, Association, or a
Type I TPP that Sponsors an Affiliate and that Affiliate.
4. “Acquiring Activity Fee” means a fee assessed by the Corporation in
connection with a “Change of Control,” as such term is defined in Rule
2.11.2, of an Acquirer or the acquiring business of a Customer.
5. “TPP Acquiring Fee” means a fee assessed by the Corporation in connection
with a “Change of Control,” as such term is defined in Rule 7.3.2 of this
Chapter 15, of a TPP.
1.1 Types of Customers
1.1.3 Affiliate
Rule 1.1.3 of Chapter 1, “Participation,” is modified to include the following:
An Affiliate that participates indirectly in Activity through the Sponsorship of a
Principal, Association, or through the Sponsorship of a Type I TPP.
An Affiliate must be Sponsored by a Principal or Association to participate in
Acquirer Activity.
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MasterCard Rules • 12 December 2012 15-1