Square Debit Card is issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard. You may reject the arbitration provision by sending us written notice within 45 days after your first card purchase. Its true that theres no foolproof method that you can use to protect your business, but educating your employees about security threats and best practices for online behavior and privacy can greatly reduce the possibility of a BEC scam. For existing companies, the Tribal account opening process is 100% digital and the application process typically takes less than 10 minutes. This means that the innate human tendency to be a social creature is what will be exploited here. Any references to days found in this Agreement are calendar days unless indicated otherwise. Consider its appropriateness to these factors before acting on it. Card Protection. We may revoke or suspend your Card or any features or services of your Card at any time without cause or notice. We do not waive our rights by delaying or failing to exercise them at any time. You are responsible for all transactions initiated by use of your Card, except as otherwise set forth herein. It may take up to thirty (30) days to process a request for a replacement Card although we will endeavor to provide you with a replacement Card on as timely a basis as is reasonable under the circumstances. You can mitigate these risks using clear communication of roles and expectations whilst providing appropriate guidance in the use of IT and accounting controls. Platinum Mastercard. Additional terms and conditions may apply. edX . Transactions Routed through the Visa System: Visa Zero Liability Protection. Easily expand across the United States, Europe, and Asia with our global-ready platform. With your PIN, you may use your Card to obtain cash from any Automated Teller Machine (ATM) that bears the Visa acceptance mark, or you may use the Card to withdraw funds at any point-of-sale (POS) device, as permissible by a merchant, that bears the Visa acceptance mark. Copies of the documents used in the investigation may be obtained by contacting Customer Service. You are not allowed to exceed the available amount in your Card Account through an individual transaction or a series of transactions made with your Card. After diligently researching his targets for some time, the attacker will develop a few scam scenarios that might work. Raising employee awareness about scams and BEC fraud is always a good idea, but businesses shouldnt rely solely on this. An ideal card for easy and efficient business purchases. If you seek to withdraw cash from a merchant POS device, please note that each merchant may establish limits as to how much cash may be obtained from a POS device at a single time or through a single location. Simplify your life and stay in control conveniently and securely, with the Sutton Bank Mobile App. 27. The Card is nontransferable, is not for resale, and it may be canceled, repossessed, or revoked at any time without prior notice subject to applicable law. Tell me more. We, us, and our mean the Issuer and its respective successors, affiliates, or assignees. The Card is not a device that accesses money in an individual checking or savings account. Depending on the adversarys thoroughness, the BEC assault can occur in a single email or throughout an entire thread. You may not permit another person to have access to your Card or Card number. However, certain third-party fees may apply as further described below. The PIN you set will apply both in relation to your Virtual Card and your Plastic Card. You can unsubscribe at any time. Organizations should start mapping the existing workflow used for wire transfers and analyze in-depth their processes in order to identify potential weaknesses and enhancement opportunities, for example limiting the amount of money each executive can approve, or using authorization for wire transfers, that also includes a protocol for approvals in the specific cases where senior executives are the initiators of these transactions. If you make your email account available to any other individual, you agree that you are responsible for any release of any Account information to such individual. You should get a receipt at the time you make a transaction using your Card. If any provision of this Agreement shall be determined to be invalid or unenforceable under any rule, law, or regulation of any governmental agency, local, state, or federal, the validity or enforceability of any other provision of this Agreement shall not be affected. Can I customize the card with my business logo? If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods. Once they have them; they can use them to transfer money out of your bank account and into theirs. This Sutton Bank Cardholder Agreement (Agreement) constitutes the agreement between you, and Sutton Bank Attica, Ohio (Sutton Bank or Issuer), a FDIC insured member institution, outlining the terms and conditions under which the Majority Prepaid Visa Card (Card) has been issued to you by Sutton Bank (pursuant to a license by Visa USA Inc.), as well as the records maintained by Sutton Bank to account for the funds associated with the Card (Card Account). After collecting the necessary data, attackers will behave as the company CEO or any high-level executive and send an email to employees in finance, requesting money transfers to the account they control. You may simply lock the card for the specific vendor and not have any additional recurring spend blocked. Other fees may apply. You may add funds to your Card Account, called loading, by: (i) Automated Clearing House (ACH) loads up to $5,000 per month, minimum $20 per load, maximum $5,000 per day with a limit of 5 transactions per day; (ii) credit or debit card loads up to $500 per transaction, $500 per day, $5,000 per month with a limit of 5 transactions per day and a minimum of $20 per load; (iii) direct deposit loads up to $5,000 per day, $10,000 per month, with a limit of 3 transactions per day; (iv) federal transaction direct deposit loads from the IRS Treasury up to $10,000 per day; and (v) loading cash through one of our reload locations up to $500 per transaction, $2,500 per day, $5,000 per month with a maximum of 5 reloads per day. TO THE EXTENT PERMITTED BY LAW, YOU AGREE THAT YOUR RECOVERY FOR ANY ALLEGED NEGLIGENCE OR MISCONDUCT BY US SHALL BE LIMITED TO THE TOTAL AMOUNT LOADED ON THE CARD. The card is designed for people with fair, good, and excellent credit. . Accounting: You can create merchant rules . We are not responsible for any such fee and they will be deducted from the balance of the Card, along with the withdrawal or transaction amount. $200 bonus on your Upgrade Card after opening a Rewards Checking account and making 3 debit card transactions **. Rejection of this Arbitration provision will not affect your other rights or responsibilities under this section or the Agreement. We advise the regular use of a reputable and readily available virus screening and prevention software. Bank of America is about $1.12 on the ATM withdrawal exchange rate. A cybersecurity risk assessment can identify where a business is vulnerable, and help you create a plan of actionwhich should include user training, guidance on securing email platforms, and advice on protecting the businesss information assets. No cash or ATM access. We are not responsible for the quality, safety, legality, or any other aspect of any goods or services you purchase with your Card. Combine the flexibility of a credit card with the predictability of a personal loan. Making you successful is our priority. PLEASE VISIT https://www.majority.com (THE WEBSITE) TO VIEW, PRINT, AND SAVE THIS AGREEMENT AND https://www.suttonbank.com/_/kcms-doc/85/49033/WK-Privacy-Disclosure-1218.pdf TO VIEW, PRINT, AND SAVE OUR PRIVACY POLICY. If we decide that there was no error, we will send you a written explanation. You agree that any notice or communication sent to you at an address noted in our records shall be effective unless we have received an address change notice from you. We will not be liable, for instance: If through no fault of ours, you do not have enough funds available on your Card to complete the transaction; If a merchant refuses to accept your card; If an ATM where you are making cash withdrawal does not have enough cash; If, when you initiated the transaction, an electronic terminal, the system, ATM, or point-of-sale terminal was not operating correctly, and you knew about the problem when you initiated the transaction; If access to your card has been blocked after you reported your Card lost or stolen; If there is a hold or your funds are subject to legal or administrative process or other encumbrance restricting their use; If we have reason to believe the requested transaction is unauthorized; If circumstances beyond our control (such as fire, flood, or computer or communication failure) prevent the completion of the transaction, despite reasonable precautions we have taken; or. Secure payment processingWork with your banks or card processors to ensure the most trusted and validated tools and anti-fraud services are being used. * Rewards offers are subject to approval. About Your Card and this Cardholder Agreement. For errors involving new Cards, POS transactions, or foreign-initiated transactions, we may take up to ninety (90) days to investigate your complaint or question. Be sure to use different passwords for your different accounts. To initiate a signature transaction at the point of sale, select Credit and sign the receipt (if required by the merchant). *When consolidating purchase volume processed through Marqetas platform in 2019. Please refer to our terms and conditions for more information. By checking this box, you agree to receive marketing emails from Visa. You agree that from time to time, without further notice to you, we may monitor and/or record telephone calls and electronic communications between you and us to assure the quality of our customer service or as required by applicable law. This Agreement sets forth the entire understanding and agreement between you and us, whether written or oral, with respect to its subject matter and supersedes any prior or contemporaneous understandings or agreements with respect to their subject matter. Best Practices. In this specific scam companies working with foreign suppliers are often targeted. Approximately when the error took place. PIN and Non-PIN Transactions: Merchants may limit the available options for the type of transaction you wish to conduct or may let you choose between a PIN (Debit) transaction or a signature (Credit) transaction at the point of sale. If you obtain your funds or make a purchase in a currency other than the currency in which your Card was issued, the amount deducted from your funds will be converted by the Card Network into an amount in the currency of your Card. 16. The amount of the fee should be disclosed at the ATM. A strong password includes: Multifactor authenticationMultifactor authentication requires additional information (e.g., a security code sent to your phone) to log in. To find out if the Commercial Card program is right for your business, or to explore our other payment solutions, please speak with a Payment, Cash Management & Deposits Specialist today. arrow_forward. The Card is not a gift card or gift certificate. Such software is readily available online from a variety of vendors. If you have any objections, complaints or disputes which relates to your contractual relationship with a merchant from whom goods or services were purchased (by using the Card), you shall address and handle this directly with that particular merchant; more specifically, we are not responsible for the delivery, quality, safety, legality, or any other aspects of goods or services that you purchase with the Card. Merchant Holds on Available Funds. This reduced liability does not apply to PIN transactions not processed by Visa or ATM cash withdrawals (see Transactions Not Routed Through the Visa System below). Perfect for All Occasions. You can also replace your Card by contacting our Customer Service (contact details at the very top). The Department of Homeland Securitys"Stop.Think.Connect" campaignoffers training and other materials. Easy to Give, Easy to Use. The Card is not a credit card and will not enhance your credit rating. Please be advised that you may experience difficulties using your Card at unattended vending machines, kiosks, and gas station pumps. Now, if you are Cashing Out from your CA the instant option uses the card network to your linked Debit card, like a merchant making a refund . The Card is a prepaid card. Upon your request, we will issue you a replacement Card. Vanilla Visa Gift Cards are issued by Sutton Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Cards may be used in the U.S. and District of Columbia everywhere Visa debit cards are accepted. Issue cards that think and serve your customers in a whole new way. 2023 Sutton Bank Portions Copyright Kasasa, Ltd. All rights reserved. . Small business lending. Here are a few things we've learned. . A copy of this Agreement is available to you in the App and on the Website. WHEREAS, Sutton Bank operates a prepaid card service and is an approved issuer of prepaid cards on the Discover, Mastercard, and Visa Networks; WHEREAS, Sutton Bank provides services set forth in Exhibit B (the "Sutton Bank Prepaid Card Services") and the other Program Documents in connection with Card Transactions processed on one or more . There are also maximum load restrictions we may place on your Card when aggregated with any other Cards you have. Buy Now, Pay Later. In connection to these actions, we may need certain information from you, such as your full name, Card number and transaction history details. Preauthorized transfers will not be allowed. Credit Cards. Visa Gift cards can be used nationwide in-store and online, where Visa debit cards are accepted. "There is a card number . Having at least basic email security in place and two-factor authentication is a must. Developed by the DHS Cybersecurity and Infrastructure Agency (CISA), this toolkit will help you raise awareness and reduce the impacts of supply chain risks. To hide your Wi-Fi network, set up your wireless access point or router so it does not broadcast the network name, known as the Service Set Identifier (SSID). The Issuer reserves the right to refuse to return any unused balance amount less than $1.00. Program management. Use strong passwordsUsing strong passwords is an easy way to improve your cybersecurity. You will receive a weekly report for your action. Our commercial card is compatible with most Expense Management System providers in the market place where we are able to send enhanced data (dependent on travel management company enablement). One final way to obtain your debit card balance is through your bank's app. Our Business MoneyIQ page features useful information and videos to help your business navigate the increased threats from cyberattacks, Ransomware, DDoS attacks, tax fraud and more. If you are still experiencing issues, please call 833 . You must notify us to revoke permission for any person you previously authorized to use Card information or have access to your account. According to the lawsuit, many Cash App users pay for purchases by way of a . Your rejection notice must be mailed within 45 days after your first card purchase. If we ask you to put your complaint or question in writing and you do not provide it within ten (10) business days, we may not credit your Card. If you have a Wi-Fi network, make sure it is secure and hidden. All Cards are issued by Sutton Bank and distributed and serviced by Majority USA, LLC. Use antivirus software and keep it updatedMake sure each of your businesss computers is equipped with antivirus software and antispyware and updated regularly. or Sutton Bank, Members FDIC, pursuant to a license from Visa U.S.A. Inc. ***Transactions may be subject to limitations under applicable law, including the Bank Secrecy Act and anti-money laundering laws. Although it may seem obvious, human error is responsible for 95% of effective cyber-attacks. Free ATM withdrawals if you set up direct . Note that you may also be charged a fee for a balance inquiry even if you do not complete a fund transfer. We reserve the right to deduct funds from your Card Account in order to correct a previous error or overpayment to you. You will not violate any laws, interfere or disrupt computer networks, impersonate another person or entity, violate the rights of any third party, stalk, threaten or harass anyone, gain any unauthorized entry, or interfere with the systems and integrity of the App and Website. BY ACTIVATING YOUR CARD OR PARTICIPATING IN THE PROGRAM IN ANY WAY, YOU REPRESENT THAT YOU HAVE READ AND UNDERSTAND THIS AGREEMENT AND YOU AGREE TO BE BOUND BY THE TERMS AND CONDITIONS OF THIS AGREEMENT AND OUR PRIVACY POLICY. Gonczi called Sutton Bank to investigate. Transactions in Foreign Currencies. Hockerty . Square Debit Card may be used wherever Mastercard is accepted. Online: To use the virtual card online, shoppers simply need to enter their card details at checkout just like they would any other debit or credit card. You hereby agree to our collection, use and sharing of information about you and the Card as provided in our Privacy Policy, which is made a part of this Agreement. ZA Bank (Visa Debit card) *Bank-issued American Express cards aren't supported. Merchants generally will not be able to determine your available balance. You can manage your preferences. Get 15% off on individual courses at edX, only with your Visa card. You can also set up direct deposits to your account and get a debit card. Cybersecurity risks come in a wide variety of shapes and sizes, making it critical to recognize, disclose, and properly respond to a cyber threat. You must contact us at once if you believe your Card or PIN has been lost or stolen, or that someone has transferred or may transfer money from your Card Account (for example by using your Card) without your permission. . - Manage your Billers. Laptops can be particularly easy targets for theft or can be lost, so lock them up when unattended. For reporting (and deactivating) a lost or stolen Card you can dial the Customer Service Number twenty-four (24) hours a day, seven (7) days a week. You may use your Card to purchase or lease goods or services online, by mail or telephone wherever Visa debit cards are accepted as long as you do not exceed the value available in your Card Account, or any other limitations set our herein. The Card issued to you by Sutton Bank enables you to make certain electronic fund transfers to and from your prepaid Card Account with Sutton Bank. Amendment, Suspension and Cancellation. IN ARBITRATION, NEITHER YOU NOR WE WILL HAVE THE RIGHT TO A TRIAL BY JUDGE OR JURY. Another aspect that needs to be better applied and understood, especially when discussing larger companies, is to make employees feel comfortable to contact their managers, not only via email but also using alternative communication tools like internal chat systems, SMS, and even phone calls. Keep your money in your wallet. This Agreement is effective April 01, 2021. Upon notification to us that your Card may have been lost or stolen or there may be unauthorized transactions from you Card Account we will cancel you Card (both your Virtual and Plastic Card) and close your Card Account. These types of requests are done usually through email or phone and take place at the end of the business day when the victim is tired and less focused. You Should also make sure to update your security software regularly and keep a backup of your data. We will not charge you a fee to use your Card at any ATM owned by us (currently ATMs pertaining to the Interlink, Pulse and Plus networks), however, operators of other ATMs and cash dispensing devices, their networks, and merchants may charge you a fee. Access the toolkit here. Our business days are Monday through Friday, excluding US federal holidays, even if we are open. In-store: To use the virtual card in-store, shoppers need to add the card to their Apple or Google wallet, then pay using Apple or Google Pay at the payment terminal. Detect fraud, control your spend, and ensure the highest levels of compliance and uptime. Payments are then sent to fraudulent bank accounts. Co-Branded Credit cards allow large businesses such as retail chains, hotels or airlines to offer special discounts, cashbacks . Our open API platform allows businesses to instantly issue cards and process payments. . Tried to use at Ann Taylor in Potomac Mills Mall, Woodbridge at 11:14am and told balance was only 1.44. The attacker then gives the victim instructions to either make a money transfer or send sensitive data. Besides no annual fees, this card also doesn't come with any activation or maintenance fees, making it a perfect cost-effective . If you are entitled to a refund for any reason for goods or services obtained with your Card, the return and refund will be handled by the merchant. Read More Business Details. Activating Your Card: You must activate your Card before it can be used. All rights reserved. (419) 756-2449. In that event, we may try to contact you at the address shown in our records. FOR QUESTIONS OR ASSISTANCE, PLEASE CONTACT CUSTOMER SERVICE AT 1 (855) 553-3388. Fraudulent or Criminal Card Account Activity. There is no fee for this service. This Agreement does not replace, but supplements the Majority Terms of Service (available in the App), however in case of any inconsistency between the Majority Terms of Service and this Agreement, this Agreement shall govern and control your use of the Card and Card Account and otherwise your relationship with Sutton Bank. Theres no substitute for dedicated IT supportwhether an employee or external consultantbut businesses of more limited means can still take measures to improve their cybersecurity. Cyber Resilience ReviewThe Department of Homeland Securitys (DHS)Cyber Resilience Review (CRR)is a non-technical assessment to evaluate operational resilience and cybersecurity practices.
