Proprietary Debit Card

Proprietary Debit Card

A debit card issued by or in conjunction with a certain company. For example, a retail shop may issue a proprietary debit card along with a bank. The use of a proprietary debit card may entitle one to discounts or other incentives to buy from the issuer (or co-issuer).
References in periodicals archive ?
In addition, it links health care and workers' compensation payments to the company's proprietary debit card solutions through end-to-end provider payment processing for insurance companies.
Proprietary Debit Card Solution Allows Consumers Enhanced Access to All CDH Accounts
The company's state-of-the-art proprietary debit card platform is adaptable and scalable to support a myriad of products in a high volume capacity, including gift, incentive, payroll, travel money, general purpose consumer reloadable, expense accounts and virtual cards, among others.
This arrangement would also allow local banks to issue proprietary debit cards for domestic use only.
The guidelines entail the adoption of a Philippine domestic EMV specification for proprietary debit cards," the BSP said in a statement.