ARTICLE 63
Effective from Jan 31 2025 - Apr 14 2015
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Card Issuers must issue an SMS message to Cardholders:
| (a) | Advising when a debit transaction has been authorized, showing the merchant name, date and amount of the debit transaction, updated balance of the account and the credit limit available after the transaction amount has been posted to the account. | ||
| (b) | Advising when a credit transaction has been processed, showing the payer name, date and amount of the credit transaction, the updated balance of the account and the credit limit available after the transaction amount has been posted to the account. | ||
| (c) | Release of pre-authorizations transactions. |