MasterCard Rules (PDF)

United States Region Rules
7.6 Service Provider Registration
8. Offers all or a portion of the company to the public in an initial public
offering; or
9. Undergoes a financial restructuring giving effective control to bondholders.
In the event that the TPP fails to provide the written notice set forth above, the
Corporation may promptly take either or both of the following actions:
1. Suspend the TPP’s registration; or
2. Terminate the TPP’s registration upon written notice from the Corporation.
Such termination is effective upon delivery, or inability to deliver after a
reasonable attempt to do so, of written or actual notice by the Corporation
to the TPP.
7.6 Service Provider Registration
7.6.2 Registration Requirements for Type I TPPs
Rule 7.6.2 of Chapter 7, “Service Providers” is modified to include the following:
In addition to TPPs that the Corporation designates to be prospective Type
I TPPs, a TPP or other entity in the U.S. Region may become a Type I TPP
if such TPP or other entity:
1. Is registered by the Corporation as a Type I TPP; and
2. Agrees to comply with all Standards applicable to Type I TPPs and to
Principals and any additional requirements that the Corporation may deem
necessary or appropriate from time to time; and
3. Provides affirmative evidence satisfactory to the Corporation that it is in
compliance with the MasterCard Anti-Money Laundering Program (the “AML
Program”); and
4. Pays applicable fees.
7.6.3 Registration Requirements for Type III TPPs >>
Any Type I TPP or Type II TPP that meets one or more of the criteria set forth
in Rule 7.1.2.3 must apply to be registered by the Corporation as a Type III TPP,
and the Corporation will determine, in its discretion, if the TPP is a Type III TPP.
Post-registration by the Corporation of a Type III TPP, on an annual basis, the
applicable fee is charged by the Corporation directly to the Type III TPP. The
renewal or continuation of a Type III TPP’s registration as a TPP is at the sole
discretion of the Corporation.
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MasterCard Rules • 12 December 2012 15-15