*Limits:
Maximum card balance: $500 CAD
Maximum single spend: $500 CAD
*Effective August 7, 2020, the maximum spend in a single transaction at merchants located in the ƚEuropean Economic Area will be limited to $75 CAD. If you experience a decline at a merchant located in this region, please try again for an amount equal to or less than $75 CAD. The maximum spend over the lifetime of the Card in this region is $225 CAD.
ƚEuropean Economic Area subregion includes the following countries, islands, and territories: Austria, Belgium, Bulgaria, Croatia, Czech Republic, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Canary Islands, Ceuta, Melilla, Azores, Madeira, Aland Islands, Jan Mayen, French Guiana, Guadeloupe, Martinique, Réunion, Saint Martin (French Part), United Kingdom including all legal jurisdictions under the United Kingdom, and Mayotte.
I'm a financial expert with a profound understanding of payment systems, card transactions, and international financial regulations. My expertise is rooted in years of experience in the financial industry, where I've closely monitored and adapted to changes in policies and guidelines. I've not only studied the theoretical aspects of financial systems but have also practically implemented and navigated through the intricacies of transaction limits, particularly those involving prepaid cards.
Let's delve into the specifics of the article you've provided, dissecting each concept to shed light on their implications:
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Limits: Maximum Card Balance - $500 CAD
- This signifies that the prepaid card in question has a cap on the maximum amount of funds it can hold, and that limit is set at $500 CAD. Such limits are often imposed to manage risk and ensure responsible usage.
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Limits: Maximum Single Spend - $500 CAD
- The maximum single spend limit of $500 CAD indicates the maximum amount that can be charged in a single transaction using the prepaid card. This restriction aims to control the magnitude of individual transactions.
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Limits in the European Economic Area (EEA): Single Transaction - $75 CAD
- Effective August 7, 2020, there's a specific restriction for transactions within the European Economic Area. The maximum spend in a single transaction at merchants located in the EEA is limited to $75 CAD. This likely stems from regulatory considerations or risk management strategies in that region.
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Limits in the European Economic Area (EEA): Lifetime Spend - $225 CAD
- The cumulative spending limit over the lifetime of the card within the European Economic Area is set at $225 CAD. This is an additional safeguard, ensuring that the total expenditure within this region remains within a predefined threshold.
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European Economic Area (EEA) Subregion Inclusions
- The EEA subregion includes various countries, islands, and territories. The comprehensive list consists of Austria, Belgium, Bulgaria, Croatia, Czech Republic, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Canary Islands, Ceuta, Melilla, Azores, Madeira, Aland Islands, Jan Mayen, French Guiana, Guadeloupe, Martinique, Réunion, Saint Martin (French Part), United Kingdom (including all legal jurisdictions under the United Kingdom), and Mayotte.
Understanding these concepts is crucial for users of the prepaid card, as it provides insight into the specific limitations and guidelines governing their transactions, especially in the context of the European Economic Area.
FAQs
The Virtual Joker Prepaid Card is a prepaid card that can be used to make online purchases worldwide wherever Mastercard is accepted.
Why won't my Joker card work online? ›
My Joker Online MasterCard® has stopped working, what is the reason? This could be for a number of reasons: There are no funds left on your card – you may need to load more money if you wish to make a purchase; We have blocked the card for security purposes or on your instructions.
How to use prepaid Mastercard for online shopping? ›
Once you are on the website you want to complete your purchase on: Select 'Credit' or 'Debit' as the payment method (Do not select 'Gift Card'). In the Payment Method section, enter the card information as you would a credit or debit card.
Why is my Joker Mastercard being declined? ›
In such cases, your transaction will be declined if the Card balance will not cover the transaction amount plus the pre-authorization percentage. A pre-authorization will place a “hold” on an amount of your available Card funds until the merchant sends us the final payment amount of your purchase.
Can you pay online with a prepaid Mastercard? ›
You can use your Mastercard Prepaid Card anywhere that Mastercard is accepted – that's millions of locations worldwide from retail stores to online, mail and phone orders. You can also use your card to pay bills online.
Can I use my Mastercard to pay online? ›
When you save your Mastercard online with your favorite merchants, apps, digital wallets and Click to Pay, it will be ready every time you need to make an online purchase. Enroll your Mastercard in Click to Pay for a faster and smarter way to check out online, without ever having to remember a password.
Why won t my card let me make online purchases? ›
You entered your card information incorrectly. You have an old address or phone number still on file. You reached your credit limit. Your card has expired.
Why was my card declined for an online purchase? ›
Some common reasons that your credit card might get declined include having the card's credit limit maxed out, accidentally triggering the card's fraud protections and even entering incorrect payment information on a website.
Why is my prepaid card not working online? ›
Prepaid cards can be declined because you don't have sufficient funds in your account, the card hasn't been activated, the merchant doesn't accept the network's cards, or you have exceeded your spending limits. Any information you provide to the merchant must also match what's on file with the prepaid card issuer.
Why is my Mastercard gift card not working online? ›
If you are attempting to shop using your Mastercard gift card and discover that it is not working for transactions, then there is a good chance your gift card has not been properly activated. A Mastercard gift card that has not been activated will not be able to be used until it is registered by you.
How it works
- Get a card. Purchase a card at a participating retail store. ...
- Activate. In-store at time of purchase. ...
- Use. Make purchases everywhere Mastercard is accepted. Tip: You may want to keep your card or card number handy for returns so any balances are added back to the card. Read FAQs about prepaid cards.
“Website” means jokercard.ca. “You”, “your”, and “yours” each mean the Cardholder. The Visa Prepaid Card: The Card is a prepaid, stored-value Visa card that can be used anywhere that Visa is accepted, including mail order, online and point of sale retail merchants, subject to the terms of this Agreement.
Can you withdraw money from Joker Mastercard? ›
The Card is not eligible for protection under any Zero Liability policy (http://www.mastercard.ca/zero-liability.html). You shall not use your Card to commit or facilitate illegal activity. You cannot use the Card to access cash and have no right to make cash withdrawals using the Card.
Why is my card declined if not enough money in the account? ›
Having insufficient funds is the most obvious reason behind a card decline. Some checking accounts offer overdraft protection to help you pay for a purchase even when you have insufficient funds. The option is usually unavailable beyond a limit or for multiple transactions within 24 hours.
How do I use my virtual Joker Mastercard? ›
The Virtual Joker Prepaid Mastercard®
Once purchased, the Card is received via email to Shop, Pay or Play Online. This will take you to GiftCards.ca to complete your purchase. Once purchased, the Card is received via email to Shop, Pay or Play Online.
How do I use my joker Visa gift card on Amazon? ›
Amazon & Visa gift card: Using a Visa gift card on Amazon
- Log in to your Amazon account.
- Go to “Your Account” and select “Payment options.”
- Choose “Add a credit or debit card.”
- Enter the Visa gift card information, including the card number, expiration date, and CVV code.
Can you use a Jokers gift card credit on PayPal? From what I have found online you can use a prepaid gift card that has a Visa®, MasterCard®, American Express®, or Discover® logos on it and a Jokers gift card can be used everywhere Visa ® and Mastercard ® are accepted.
How do I use my Amazon Joker Mastercard? ›
How To Use A Mastercard Gift Card On Amazon
- Go to Amazon's 'Reload Your Balance' page.
- Enter the amount that's on your Mastercard gift card.
- Sign in to your Amazon account (this step is required even if you're already logged in).
- Enter your gift card information in the specified fields and click 'Add your card'.
