When you use your Card, you are redeeming the value on the Card and not making a withdrawal from a checking or savings account. In addition to the above, for security purposes we reserve the right to, in our sole discretion, impose additional limit to your use of your Card at ATMs or POS devices. 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 . Insurance. Amendment, Suspension and Cancellation. Raising employee awareness about scams and BEC fraud is always a good idea, but businesses shouldnt rely solely on this. Full details are available on request. You agree to present your Card and meet identification requirements to complete load transactions as may be required from time to time. These transaction limit amounts may be lower when your card is not present, such as an online transaction. - Review Transaction History. Your rejection notice must be mailed within 45 days after your first card purchase. Over the last seven years, Sutton has focused on providing corporate banking services to fintech. The app enables you to send and receive money, purchase stocks and Bitcoin. These may change or we may introduce new ones in the future. edX . The exchange rate used on the central processing date may be different than the rate that was in effect on the date you performed the transaction. Upon your request, we will issue you a replacement Card. No Warranty Regarding Goods or Services as Applicable. The maximum balance allowed on your Card is $10,000. You always find the most recent version of this Agreement in the Majority Mobile Application (App) and on https://www.majority.com (Website). Keep your money in your wallet. For any other exception stated in our Agreement with you or by applicable law. It is important to know your available balance before making any transaction. 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. We remind you that the offering and provision of the Card and the related services set out in this Agreement are conditioned upon that you are an existing customer of Majority USA, LLC and permitted by Majority USA, LLC or otherwise eligible to acquire services under the Majority Terms of Service. 10. A Better Way to Bank. Transactions in Foreign Currencies. We may transfer our rights under this Agreement. These are called split transactions. Some merchants do not allow cardholders to conduct split transactions. The Visa Gift Card can be used everywhere Visa debit cards are accepted in the US. All credit decisions are made by Backoffice.co, Inc DBA finally. Preauthorized transfers will not be allowed. FOR QUESTIONS OR ASSISTANCE, PLEASE CONTACT CUSTOMER SERVICE AT 1 (855) 553-3388. a New Jersey State Chartered Commercial Bank, Member FDIC, Equal Housing Lender. Buy Now, Pay Later. 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. Back up your dataRegularly back up the data on all computers. No one else may sign the rejection notice. The attacker will try to either obtain access to the email addresses of the influential people in the company or just impersonate them. | The Revenued Business Card is a purchase of future receivables and not a loan. Sutton Bank review: Vanilla visa debit card. The Revenued Business Card Visa Commercial Card is powered by Marqeta. For customer service or additional information regarding your Card, please visit the help and support sections available in the App or on the Website (https://www.majority.com) or contact Customer Service by phone. Additional Contact Information. Benefits may vary by card issuer, so check with your card issuer to learn more about your specific Visa Infinite/Signature credit card benefits and features. Please read this Agreement carefully and keep it for future reference. You hereby agree to accept all legally required notices by electronic means including publications made within the App or on the Website. Use open APIs to create new payment products or streamline supplier and workforce payments. We further reserve the right to offset any negative balance by any current or future funds you may load to or maintain in your Card Account or funds in any other Card Account you maintain with us now or in the future. Instantly issue & process card payments with our open API platform. We may also ask to see a copy of your drivers license or other identifying documents. Our Privacy Statementexplains how we use cookies. Any funds withdrawn from a POS device or through a participating bank will be subject to the maximum amount that can be spent on your Card per day. Card Protection. Please contact your product specialist for further information. *The MAJORITY app facilitates banking services through Axiom Bank, N.A. You can also set up direct deposits to your account and get a debit card. Westpac purchasing card. Media & ad agencies. The Card cannot be redeemed for cash. 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. Our 5-star customer service team is here to answer any questions you may have. You agree to pay us promptly for the negative balance. Earn 1 point for every dollar, redeem for brand-name merchandise, travel, or office supplies. Access the toolkit here. According to a recent SBA survey, 88% of small business owners felt their business was vulnerable to a cyber-attack. We may offer additional products, features and services to you in connection with your Card, such as SMS text message and e-mail alerts, mobile account services, bill payment services, a loyalty program, and other services. Use the Supply Chain Risk Management Toolkit to help shield your business information and communications technology from sophisticated supply chain attacks. Regular APR. Why you believe there is an error, and the dollar amount involved, 3. Accounting: You can create merchant rules . Easy to Give, Easy to Use. 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. 29. Small businesses are attractive targets because they have information that cybercriminals want, and they typically lack the security infrastructure of larger businesses. The end goal of a BEC fraud is to persuade the target to make a money transfer or send sensitive data to the attacker while believing they are executing a legitimate and regular business operation. For existing companies, the Tribal account opening process is 100% digital and the application process typically takes less than 10 minutes. The Card is issued by the Bank. The Issuer reserves the right to refuse to return any unused balance amount less than $1.00. IMPORTANT INFORMATION ABOUT OPENING A NEW ACCOUNT. To activate your Card, follow the steps and instructions for activation in the App. Target Market Determinations for the products are available. Lodge with frequently used pre-approved suppliers. You should get a receipt at the time you make a transaction using your Card. You agree that the Issuer, Majority USA, LLC, and their respective affiliates, employees, or agents are not responsible for any interruption of service. Once we receive the final transaction amount, it may take up to seven (7) days for the hold to be removed. An extremely important step an organization must take in safeguarding against BEC is to provide employees with adequate cybersecurity training. According to the lawsuit, many Cash App users pay for purchases by way of a . - Transfer Funds. Building and adopting a component library in the context of a vibrant business is no easy feat. Hockerty . All rights reserved. Viruses are harmful programs intended to spread from computer to computer (and other connected devices). You may use your Card to make purchases at any merchant that accepts Visa debit cards, subject to your available Card Account balance and the other terms and conditions of this Agreement and the Majority Terms of Service. We may, subject to applicable law, deliver to you any notice of such modification to the Agreement by way of publishing an updated version of this Agreement within the App and on the Website or by delivering notice of the modifications to you electronically. Training employees on basic internet best practices can go a long way in preventing cyber-attacks. Lets take as an example an email coming from a senior executive in the company in which a large amount of money is requested in an urgent manner. Give us a call at +1-877-662-3489 or fill out the form below and well get back to you within 24 hours. The Upgrade Visa Card with Cash Rewards comes with an annual fee of $0 and an 8.99%-29.99% regular APR. 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. If you believe that anyone has gained unauthorized access to your PIN, you should advise us immediately, following the procedures in the section labeled Lost or stolen cards/unauthorized transfers below. Upgrade Visa Card with Cash Rewards. We do not waive our rights by delaying or failing to exercise them at any time. * Rewards offers are subject to approval. 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. If any portion of this arbitration provision is deemed invalid or unenforceable, the remaining portions shall nevertheless remain in force. LendingClub, First Century Bank, Green Dot and Metropolitan Commercial Bank didn't respond to Forbes' requests for comment.A Sutton Bank spokesperson says, "the fraud rates we experience . $4.95 Purchase Fee. The Card may only be used for personal, family or household purposes, and we may cancel your Card if we determine that it is being used for commercial purposes. . If you have a Wi-Fi network, make sure it is secure and hidden. Banco Nacional Ultramarino, S.A. (Mastercard and UnionPay debit cards, Visa and UnionPay credit cards) . Platinum Mastercard. If we need more time, however, we may take up to forty-five (45) days to investigate your complaint or question. Supply Chain Risk Management. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Managers should bear in mind that hackers dont just break into the IT department by sheer force; they look for weaknesses. To initiate a signature transaction at the point of sale, select Credit and sign the receipt (if required by the merchant). Unlimited cash back on payments: 3% on Home, Auto, and Health categories and 1% on everything else after you make payments on your purchases. 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.