MASTERCARD BUSINESS DEBIT CARD

Application for issuing a Mastercard business debit card is submitted at the Bank counter by a person authorized to represent the legal entity or entrepreneur along with accompanying documentation. In order for the application to be approved, the legal entity/entrepreneur must hold a current account with the Bank.

The number of business debit card users is practically unlimited, and the authorized representative of the legal entity/entrepreneur determines who will use the card as well as the total monthly limit for each card user.

Mastercard business debit card, travel health insurance card and PIN are collected at the branch counter. Card is collected by a person authorized to represent the legal entity/entrepreneur, and Information about travel health insurance for the insured is signed by the insurance beneficiary.

The card can be used in the country and abroad to pay for goods and services and withdraw cash at locations displaying Mastercard logo. Mastercard business debit card is mostly used to pay business trip expenses, purchase airline tickets online, book and pay for hotel accommodation, pay entertainment expenses, pay bills for office equipment and supplies, software, mobile phones, and utility services.
Transactions which are carried out abroad are calculated in RSD and the Bank debits the current account of the legal entity/entrepreneur for that amount.
Authorized representative has the option to set a monthly limit for each card limiting the use of the funds in the Client's account on a monthly basis, as well as to set daily limits for cash withdrawals, payments made at points of sale and payments made without having to physically use the card (online, orders placed by phone, e-mail).
In order to make a payment or withdraw cash using the card or make a payment without the presence of a card, the following is required:

• Sufficient funds available in the client's current account,
• Sufficient funds available within the monthly limit on that card, and
• Sufficient funds available within the daily limit on that card for a certain type of transaction.

Otherwise, the transaction will be declined.

Postal Savings Bank has provided MasterCard and Maestro payment card users with the MasterCard Identity Check service, which provides the highest level of protection against unauthorized use of card data when making online payments.

When a Mastercard® SecureCode™ or Mastercard® Identity Check™ logo is displayed on a merchant's website, online payments using the Bank's Mastercard and Maestro card are made as follows:

• After entering the card data, a page with Bank's logo is displayed, where entering a password is required;
• After entering the card data, a page with Bank's logo is displayed, where entering a password is required;
• Enter the password in the field provided;
• Verification of the entered password is performed by the Bank;
• Online payment process continues only if the correct password is entered.

Bearing in mind that the password is sent via SMS, we kindly ask Mastercard and Maestro card users to check their mobile phone number registered with the Bank by calling the Contact Center at +381 11 2020292 or visiting a branch.

Registration or change of mobile phone number, as well as change of the daily limit for online payments, can be done by the card user only at a Bank branch.

Please note that clients who use the CardAlarm service receive SMS messages with a password to the same mobile phone number to which CardAlarm transaction notifications are sent, and that the sender of both types of SMS messages is the same - POSTED.

• Card user is in control - the card is with the user during the transaction;
• Accidental payment is not possible - the card must be tapped directly to the card reader in order for the transaction to be completed;
• The same transaction cannot be executed multiple times by mistake - if the user inadvertently taps the card to the card reader multiple times, only one transaction will be executed;
• Every transaction in the amount of more than RSD 3,000 must be confirmed by entering a PIN or signing the slip.

In order to activate the card for contactless transactions, the user must make at least one successful contact transaction during which the chip is read.

Travel health insurance card is a document based on which the user exercises his/her right to travel health insurance, and which is valid in the period indicated on the card.
Insurance is provided during travel and stay abroad for the purpose of necessary assistance in connection with the organization of the insured person's treatment, necessary treatment, transportation to a health facility or the country of residence, which is the result of a sudden illness or injury of the insured person. The contract was concluded in accordance with Travel Health Insurance Terms and Conditions and valid regulations of the Republic of Serbia.

The agreed participation of the insured person in damages (deductible) is 5% (min. EUR 50) per harmful event. Geographic coverage: insurance coverage is valid in the territories of all European countries, including Turkey, with the exception of Russia.
The agreed insured amount is EUR 35,000, it is stated on the card - travel health insurance policy and represents the upper limit of the Insurer's obligation per insured person for the agreed insurance period. Individual sub-limits for the contracted level of coverage, which are determined in Travel Health Insurance Terms and Conditions, are contained in the contracted insured sum and do not increase the maximum obligation of the Insurer determined by the contracted insured sum, indicated on the card - policy.

The total daily limit for ATM cash withdrawal is RSD 50,000.00 per card.

In case of lost or stolen Mastercard business debit card issued by Postal Savings Bank, joint stock company, please contact the Bank's Contact Center at phone number 011/20 20 292 or visit the nearest Bank branch.
Complaints about transactions must be submitted to Postal Savings Bank exclusively in writing, no later than 15 days from the statement date.

Additional information can be obtained at the Bank's counter, by calling the Contact Center at phone number 011/ 20 20 292 or by sending an email to: kontakt@posted.co.rs