Maestro Global Rules (PDF) - MasterCard

9.12.2 Minimum Floor Limits
Processing Requirements
9.12 Floor Limit Guidelines (POS Transactions)
The Corporation establishes certain floor limits for POS Terminals to reduce the
degree of risk associated with chip Transactions that are fully authorized offline.
An Acquirer choosing to use a higher floor limit does so at its own risk in that
an Issuer may treat a chip Transaction that was above the floor limit established
by the Corporation as though it was subject to the floor limit established by
the Corporation for all purposes, including, without limitation, charging back
chip Transactions.
The minimum floor limits for POS Terminals defined in the Quick Reference
Booklet apply to all chip Transactions.
An Acquirer may set POS Terminal floor limits applicable at the Merchant level
for all chip Transactions. An Acquirer should not set a floor limit higher than
the applicable minimum floor limit established by the Corporation as that floor
limit will continue to apply between the Acquirer and the Issuer.
9.12.3 Equivalent Floor Limits
In some cases, floor limits stated in U.S. dollars cannot be expressed in a
convenient number of units of other currencies. In cases where the U.S. dollar
is not legal tender, the correct currency unit limit may be increased or reduced
by an amount not to exceed 10% so that the floor limit can be expressed
conveniently.
9.12.4 Floor Limit Changes
A Principal may request that the Corporation change the floor limits for its
country, if the Customer sufficiently documents the reasons for the change. This
documentation should include information about the reason for the change,
competitive practices, average charge amounts, and other pertinent details, if
the request is based on factors other than changes in currency exchange rates.
Send all requests for floor limit changes and the supporting documentation to:
Vice President of Security and Risk Services
MasterCard Worldwide
2000 Purchase Street
Purchase NY 10577-2509
USA
One or more of the following will review these requests: MasterCard staff,
committees, and the Board. MasterCard will advise the Customer of any
approved floor limit changes.
©1993–2012 MasterCard. Proprietary. All rights reserved.
Maestro Global Rules • 9 November 2012 9-27