Maestro Global Rules (PDF) - MasterCard

United States Region
6.17 Additional Rules for Issuing
6.17 Additional Rules for Issuing
6.18 Shared Deposits
An Issuer must post funds due to a Cardholder as a result of a refund
Transaction to the Cardholder’s Account within one business day of Transaction
settlement. The Issuer may place a temporary hold on such funds to the extent
allowed under applicable law if the Issuer determines that the circumstances
or Account history warrant the delay.
In addition to the Rules in Chapter 6, “Issuing,” in part 1 of this rulebook,
the following applies:
6.18.1 Participation Requirements
If an Issuer elects to take part in the Shared Deposit service, then that Issuer
must designate its BINs and Terminals that participate in any other shared
deposit service for participation in the Shared Deposit service.
6.18.2 Shared Deposits in Excess of USD 10,000
The Issuer is responsible for complying with the applicable requirements of the
U.S. Bank Secrecy Act, and regulations promulgated thereunder, with respect
to its Cardholder’s Shared Deposit or series of related Shared Deposits made
to a single Account on one (1) business day containing currency in excess of
USD 10,000.
7.1 Acquirer Obligations and Activities >>
7.1.16 Acquirer Host System Requirements >>
Effective 19 April 2013, each United States region Acquirer must ensure that its
POS Terminal host systems and those of its Service Providers:
1. Are capable of processing contact chip Transactions and Maestro PayPass
Transactions,
2. Support the transmission of contact chip Transaction and Maestro PayPass
Transaction messages in accordance with the Standards;
3. Support all mandatory and applicable conditional data subelements within
DE 55 (Integrated Circuit Card [ICC] System-Related Data); and
4. Have been approved by the Corporation, with respect to each Interchange
System network interface, as enabled for chip Transaction and Maestro
PayPass Transaction processing.
©1993–2012 MasterCard. Proprietary. All rights reserved.
20-8 9 November 2012 • Maestro Global Rules