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2.8.10 Card expirations

No: م أ ق/15631 Date(g): 5/4/2015 | Date(h): 16/6/1436
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(7 versions)
 

Effective from Feb 28 2025 - Feb 27 2025
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Prepaid Payment Services shall be subject to standard SPAN card expiration date,

 

a. The expiration date is at least 3 years after the date on which the prepaid account funds were first loaded, where the card is a smart/EMV card

OR

B. two years for magnetic stripe cards;

AND

c. the terms of expiration are prominently disclosed