Maestro Global Rules (PDF) - MasterCard

Table of Contents
9.15 Clearing and Presentments............................................................................................17-72
9.15.1 Clearing ................................................................................................................17-72
10.2 Settlement .....................................................................................................................17-72
10.2.2 Assessment for Late Settlement ............................................................................17-73
10.2.4 Settlement Finality ................................................................................................17-73
10.7 Interchange and Service Fees........................................................................................17-74
10.11 Customer Insolvency and Settlement Liability.............................................................17-74
10.11.1 Restrictions that Prevent the Settlement of Financial Obligations.......................17-75
10.11.2 Maintenance of System Liquidity ........................................................................17-76
10.11.3 Loss Allocation Among Customers .....................................................................17-76
13.9 Merchant-approved Transactions ..................................................................................17-76
13.13 Additional Liabilities ....................................................................................................17-77
13.13.1 Unjust Enrichment ..............................................................................................17-77
13.13.2 Non-Customer Claims.........................................................................................17-77
13.13.3 Force Majeure.....................................................................................................17-77
Additional Regional Information...........................................................................................17-77
Europe Geographical Region..........................................................................................17-77
Technical Specifications..................................................................................................17-77
Maestro Merchant Operating Guidelines (MOG) ............................................................17-77
Signage, Screen, and Receipt Text Displays....................................................................17-77
Compliance Zones ................................................................................................................17-78
Section 17a UK Maestro Intracountry Rules..........................................................................17-80
Overview ..............................................................................................................................17-80
Definitions ............................................................................................................................17-81
6.2 Card Standards and Specifications ..................................................................................17-82
6.2.1 Encoding Standards................................................................................................17-82
6.2.5 Signature Panel ......................................................................................................17-82
6.3 Optional Card Security Features......................................................................................17-82
7.1 Acquirer Obligations and Activities.................................................................................17-82
7.1.2 Before Signing a Merchant .....................................................................................17-82
7.1.16 MATCH.................................................................................................................17-82
7.9 POS Terminal and Terminal Requirements .....................................................................17-83
7.9.8 Cardholder-Activated Terminals (CATs) .................................................................17-83
9.2 POS Transaction Types ...................................................................................................17-84
9.2.2 Acquirer Online POS Transactions .........................................................................17-84
9.4 Special Transaction Types...............................................................................................17-85
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Maestro Global Rules • 9 November 2012 xxi