Mastercard Rules

Mastercard Rules

19 December 2019

BM

Summary of Changes, 19 December 2019

Summary of Changes, 19 December 2019

The following are changes with the most recent publication of this document.

Chapter Number Applicability of Rules in this Manual Chapter 1--The License and Participation

Chapter 1--The License and Participation Chapter 1--The License and Participation

Rule Name

Applicability of Rules in this Manual

1.1.4 Payment Transfer Activity Customer (Added) 1.2 Mastercard Anti-Money Laundering and Sanctions Requirements 1.2.2 Sanctions Requirements 1.6 The License 1.7 Area of Use of the License

Source or Explanation of Revisions

See "AN 2305--Revised Standards--Payment Transfer Activity Rules," 12 April 2019.

See "AN 2305--Revised Standards--Payment Transfer Activity Rules," 12 April 2019.

1.7.2 Extension of Area of Use Programs (Renamed)

See "AN 2760--Revised Standards--Extension of Area of Use Programs," 5 June 2019.

1.9 Participation in Activity(ies) and Digital Activity (Renamed)

1.9.2 Participation and License, Digital Activity Agreement or PTA Agreement Not Transferable (Renamed)

See "AN 2305--Revised Standards--Payment Transfer Activity Rules," 12 April 2019.

1.11 Portfolio Sale, Transfer, or Withdrawal

1.12 Change of Control of Customer or Portfolio

1.13 Termination

1.13.1 Voluntary Termination

1.13.2 Termination by the Corporation

1.13.4 Rights, Liabilities, and Obligations of a Terminated Customer

? 1969?2019 Mastercard. Proprietary. All rights reserved.

Mastercard Rules ? 19 December 2019

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Summary of Changes, 19 December 2019

Chapter Number Chapter 2--Standards and Conduct of Activity and Digital Activity

Chapter 3--Customer Obligations

Chapter 3--Customer Obligations Chapter 4--Use of the Marks Chapter 5--Acquiring Activity (Renamed) Chapter 5--Acquiring Activity

Chapter 5--Acquiring Activity

Chapter 5--Acquiring Activity

Rule Name

Source or Explanation of Revisions

2.1.3 Noncompliance Categories See "AN 2305--Revised

2.1.4 Noncompliance Assessments

Standards--Payment Transfer Activity Rules," 12 April 2019.

2.2.1 Customer Responsibilities

2.3 Indemnity and Limitation of Liability

3.2 Responsibility for Transactions

3.3 Transaction Requirements

3.16 Token Requestor Obligations (Deleted)

3.18 Recognized Currencies (Renumbered)

3.18.2 Communications and Marketing Materials (Renumbered)

See "AN 2305--Revised Standards--Payment Transfer Activity Rules," 12 April 2019.

3.16 Issuer Reporting

Requirement--EU, Iceland,

Norway, and Serbia (Renumbered and Renamed)

See "AN 2892--Revised Standards--Application of the Interchange Fee Regulation in Iceland," 13 August 2019.

4.14 Use of EMVCo? Trademarks See "AN 3305--Revised

(Added)

Standards--Use of EMVCo

Trademarks," 23 October 2019.

Renamed the chapter title.

See "AN 2305--Revised Standards--Payment Transfer Activity Rules," 12 April 2019.

5.4 Merchant Location

See "AN 2957--Revised Standards--Merchant Location in the European Economic Area," 9 October 2019.

5.4.1 Disclosure of Merchant Name and Location

See "AN 2723--Revised Standards--Europe Region PSD2 RTS Compliance for Remote Electronic Transactions," 11 November 2019.

5.5 Submerchant Location

See "AN 2957--Revised Standards--Merchant Location in the European Economic Area," 9 October 2019.

? 1969?2019 Mastercard. Proprietary. All rights reserved.

Mastercard Rules ? 19 December 2019

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Summary of Changes, 19 December 2019

Chapter Number Chapter 5--Acquiring Activity Chapter 5--Acquiring Activity Chapter 6--Issuing Activity (Renamed) Chapter 7--Service Providers

Chapter 7--Service Providers

Chapter 7--Service Providers

Rule Name

Source or Explanation of Revisions

5.5.1 Disclosure of Submerchant Name and Location

See "AN 2723--Revised Standards--Europe Region PSD2 RTS Compliance for Remote Electronic Transactions," 11 November 2019.

5.7.5 Transactions at Terminals with No Fixed Location

See "AN 2957--Revised Standards--Merchant Location in the European Economic Area," 9 October 2019.

Renamed the chapter title.

See "AN 2305--Revised Standards--Payment Transfer Activity Rules," 12 April 2019.

7.1 Service Provider Categories

7.2 The Program and Performance of Program Service

See "AN 2305--Revised Standards--Payment Transfer Activity Rules," 12 April 2019.

7.2.5 Customer Point of Contact

7.2.8 Program Materials

7.2.9 Fees

7.2.11 Data Security

7.5 Use of Corporation's Systems and Confidential Information

7.6.5.1 Responsibility for Payment Facilitator and Submerchant Activity

See "AN 2305--Revised Standards--Payment Transfer Activity Rules," 12 April 2019.

See "AN 2760--Revised Standards--Extension of Area of Use Programs," 5 June 2019.

7.9 Registration Requirements for DSEs, ISOs and Type II TPPs

7.10 Registration Requirements for Type I TPPs

See "AN 2305--Revised Standards--Payment Transfer Activity Rules," 12 April 2019.

See "AN 3375--Revised Standards--New Cybersecurity Standards and Programs Chapter," 7 November 2019.

? 1969?2019 Mastercard. Proprietary. All rights reserved.

Mastercard Rules ? 19 December 2019

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Summary of Changes, 19 December 2019

Chapter Number Chapter 7--Service Providers

Chapter 8--Settlement and Related Obligations Chapter 8--Settlement and Related Obligations

Rule Name

7.12 Registration Requirements for Payment Facilitators 7.13 Registration Requirements for Staged DWOs

7.14 Registration Requirements for Digital Activity Service Providers

7.17 Registration Requirements for Terminal Servicers

7.18 Registration Requirements for 3-D Secure Service Providers

Source or Explanation of Revisions

See "AN 3375--Revised Standards--New Cybersecurity Standards and Programs Chapter," 7 November 2019.

8.2.1 Currency Conversion

Updated the text to reflect the current version of this Rule.

8.5 Failure of a Principal or Association to Discharge a Settlement Obligation

8.12 PTA Transaction Settlement (Added)

See "AN 2305--Revised Standards--Payment Transfer Activity Rules," 12 April 2019.

? 1969?2019 Mastercard. Proprietary. All rights reserved.

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