Proprietary Debit Card

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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 ?
The guidelines entail the adoption of a Philippine domestic EMV specification for proprietary debit cards.
Running on Windows NT and Unix, the modular software is designed to provide financial institutions with complete in-house autonomy to issue credit cards, authorise transactions, calculate interest and provide statements, with proprietary debit cards processed via CR2's Sparrow routing and database suite.