Card – Issue – Safekeeping Clause Samples

Card – Issue – Safekeeping. 4.Α.1.1. The Card is of a dual nature, being both an ATM card and a debit card, and enables the Cardholder to make: (a) 24/7 transactions via the Bank and DIASnet network ATMs in Greece and ATMs carrying the Mastercard logo abroad; (b) purchases of goods or services from retailers/firms in Greece and abroad displaying the Mastercard logo and using EFT/POS terminals; (c) transactions from a distance, conducted via the internet or by mail/telephone order, with retailers/firms displaying the Mastercard logo and accepting the Card as a means of payment, by debiting the main account as per article 4.Α.3.1 below; (d) contactless transactions, as per article 4.Α.
Card – Issue – Safekeeping. 4.C.1.1. The Card is of a dual nature, being both an ATM card and a debit card, and enables the Cardholder to make: (a) 24/7 transactions via the Bank and DIASnet network ATMs in Greece and ATMs carrying the Mastercard logo abroad; (b) purchases of goods or services from retailers/firms in Greece and abroad displaying the Mastercard logo and using EFT/POS terminals; (c) transactions from a distance, conducted via the internet or by mail/telephone order, with retailers/firms displaying the Mastercard logo and accepting the Card as a means of payment, by debiting the main account as per article 4.C.3.1. below; (d) contactless transactions, as per article 4.C.6.4. hereinbelow, with retailers/firms using appropriate contactless EFT/POS terminals; (e) standing or non-standing orders for payment of periodic or single obligations by debiting the main account as per article 4.C. 3.1. below, as set out in the framework contract. When issued for the first time, or when replaced or renewed, the Card is sent to the Cardho lder by ordinary mail to the Cardholder’s registered contact address or, if the Bank activates a relevant service, it is delivered to the Cardholder at the Branch where he filed the card application. In the event that the Card is sent in any other way, following the Cardholder’s relevant request, the latter shall be charged with the delivery charges. The Card is sent/delivered deactivated to the Cardholder by regular mail, and is activated by the Cardholder at any ATM of the bank, by using his PIN (Personal Identification Number) as per Article 4.C.2. hereinbelow, in accordance with the instructions on the screen. If the Cardholder fails to activate his Card within six (6) months, at the latest, of its issue, the Bank may cancel it. 4.C.1.2. The Card, on which the Cardholder’s name is printed, is and shall remain the property of the Bank. The Cardholder is the only person entitled to use the Card as per the terms of possession and use applicable to it from time to time. It is strictly forbidden to transfer the card and/or assign the right of possessing and using it to any third party in any way whatsoever. 4.C.1.3. Upon receipt of the Card, the Cardholder shall sign it on the space provided for this purpose on its reverse, and shall be responsible for the authenticity of his signature. 4.C.1.4. The Cardholder shall bear in mind that the Card is essentially equivalent to money and therefore shall keep it in a safe place and in good working order.
Card – Issue – Safekeeping. The Card is of a dual nature, being both an ATM card and a debit card, and enables the Cardholder to make: (a) 24/7 transactions via the Bank and DIASnet network ATMs in Greece and ATMs carrying the Mastercard logo abroad; (b) purchases of goods or services from retailers/firms in Greece and abroad displaying the Mastercard logo and using EFT/POS terminals; (c) transactions from a distance, conducted via the internet or by mail/telephone order, with retailers/firms displaying the Mastercard logo and accepting the Card as a means of payment, by debiting the main account as per article 4.B.3.1. below; (d) contactless transactions, as per article 4.B.

Related to Card – Issue – Safekeeping

  • Merchant has the power and authority to authorize the automatic funds transfer provided for in the Merchant Agreement;