MasterCard Rules (PDF)

2.1 Purpose of License; Eligibility
Licensing and Licensed Activities
2.1 Purpose of License; Eligibility
Each Customer, as a condition of Participation, must execute one or more
Licenses in such form as is required by the Corporation. Each Customer must
assist the Corporation in recording any License granted to the Customer if
required in the country of license or otherwise upon request of the Corporation.
The Corporation may add additional requirements or limitations or other
conditions to a License then in effect. In the event of an inconsistency between
a Standard and a provision in a License, the Standard prevails and the License is
deemed to be amended so as to be consistent with the Standard.
2.1.1 Single European Payments Area License
NOTE
Rules on this topic appear in Section 12b, “SEPA Rules.”
2.2 License Application
2.3 Area of Use
An application for a License must be made in the form and include all
information then required. An applicant for a License must agree and, by
execution and submission of an application for a License agrees, and by use
of a Mark agrees, to comply with all provisions of the License pertaining to
use of a Mark and with the Standards of this Corporation as may be in effect
from time to time.
Except as otherwise provided in the Standards, each Customer may use a Mark
solely in the Area of Use in which the Customer has been granted a License. If
the License does not specify an Area of Use, the License is deemed to authorize
the Customer to use the Mark only in the country or countries the Corporation
determines to be the Customer’s Area of Use.
A License that the Corporation deems to be inconsistent with this Rule is
deemed amended effective as of the granting of the License so as to be
consistent with this Rule.
Except as otherwise provided in the Standards, the ICA and BIN numbers under
which Cards are issued or acquired must reflect the country, from among those
specified in the Area of Use of the License, where such Activity is conducted.
NOTE
A variation to this Rule appears in Chapter 12, "Europe Region Rules."
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MasterCard Rules • 12 December 2012 2-1