Maestro Global Rules (PDF) - MasterCard

Service Providers
14.3 General Obligations
4. The Program Service agreement automatically and immediately terminates
if the Corporation de-registers the Service Provider or if the Customer
ceases to be a Customer for any reason or if the Customer fails to have a
valid License by the Corporation to use any Mark pertaining to the Program
Service to be performed by the Service Provider.
5. The Service Provider acknowledges and agrees:
a. to comply with all Standards, as amended from time to time, applicable
to the Program Service to be provided;
b. that the Corporation is the sole and exclusive owner of the Marks;
c. not to contest the ownership of the Marks for any reason;
d. the Corporation may at any time, immediately and without advance
notice, prohibit the Service Provider from using any of the Marks for
any reason;
e. the Corporation has the right to enforce any provision of the Standards
and to prohibit an Service Provider from engaging in any conduct the
Corporation deems could injure or could create a risk of injury to the
Corporation, including injury to reputation, or that could adversely affect
the integrity of the Interchange System, the Corporation’s Confidential
Information as defined in the Standards, or both; and
f. the Service Provider will not take any action that could interfere with or
prevent the exercise of this right by the Corporation.
14.3.3.1 Before Entering into a Program Service Agreement with
a Service Provider
Before entering into, extending, or renewing a Program Service Agreement, a
Customer must verify that the Service Provider is a bona fide business, has
sufficient safeguards in place to protect Account data from unauthorized
disclosure or use, and complies with applicable laws.
In determining whether the Service Provider is a bona fide business, the
Customer must verify, at a minimum, all of the following have been completed:
1. credit check, background investigations, and reference checks of the Service
Provider. If the credit check of the Service Provider raises questions or does
not provide sufficient information, the Customer should also conduct a
credit check of:
a. the owner(s) of the Service Provider, if the Service Provider is a sole
proprietor;
b. the partners that together own or control the Service Provider, if the
Service Provider is a partnership; or
c. the principal shareholders that together own or control the Service
Provider, if the Service Provider is a corporation.
©1993–2012 MasterCard. Proprietary. All rights reserved.
14-6 9 November 2012 • Maestro Global Rules