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.
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.