Maestro Global Rules (PDF) - MasterCard

Settlement Obligation
A financial obligation of a Principal Customer to another Principal Customer arising from a
Transaction.
Shared Deposit
A deposit Transaction to a savings Account or checking Account conducted at a Terminal located
in the U.S. region initiated with a Card issued by a U.S. region Customer other than the Acquirer.
Smart Card
See Chip Card.
Solicitation, Solicit
An application, advertisement, promotion, marketing communication, or the like intended to
solicit the enrollment of a person as a Cardholder or as a Merchant. To “Solicit” means to use a
Solicitation.
Special Issuer Programs
Issuer Activity the Corporation deems may be undertaken only with the express prior consent of
the Corporation. As of the date of the publication of these Rules, Special Issuer Programs include
Affinity Card Co-Brand Card, and prepaid Card Programs.
Sponsor, Sponsorship
The relationship described in the Standards between a Principal and an Affiliate that engages in
Activity indirectly through the Principal. In such event, the Principal is the Sponsor of the Affiliate
and the Affiliate is Sponsored by the Principal. “Sponsorship” means the Sponsoring of a Customer.
Standards
The Amended and Restated Certificate of Incorporation, the bylaws, Rules, and policies, and the
operating regulations and procedures of the Corporation, including but not limited to any manuals,
guides or bulletins, as may be amended from time to time.
Stand-In Parameters
A set of authorization requirements established by the Corporation or the Issuer that are accessed
by the Interchange System using the Stand-In Processing Service to determine the appropriate
responses to authorization requests.
Stand-In Processing Service
A service offered by the Corporation in which the Interchange System authorizes or declines
Transactions on behalf of and uses Stand-In Parameters provided by the Issuer (or in some
cases, by the Corporation). The Stand-In Processing Service responds only when the Issuer is
unavailable, the Transaction cannot be delivered to the Issuer, or the Issuer exceeds the response
time parameters set by the Corporation.
©1993–2012 MasterCard. Proprietary. All rights reserved.
12 7 November 2012 • Maestro Global Rules