Specifications include, but are not limited to: The Card shall have PIN/chip technology, magnetic strip technology, and any other current technology available. The Card shall be a branded VISA or Mastercard, shall operate via the VISA or Mastercard network, shall be accepted by any participating merchant, and will allow for PIN-based and signature-based purchases. The Card shall be "Regulation E" compliant. The thickness of the card should be comparable to industry standard for commercial credit cards. The Vendor will provide a sample of the proposed card stock with the response to this proposal. The Card shall be compatible with an operating ATM network as well as Point of Sale (POS) and allow for withdrawal of cash through a normal ATM transaction. The network must be accessible to all cardholders, to include those located internationally and the technology used must be currently active and available. The Card may operate as a debit card, a stored value card, or another electronic access-type card and must have no line of credit. The operating network shall disallow any transaction that causes the cardholder to exceed the amount available in the account. Transactions from the State to the vendor will be made according to NACHA-approved PPD (National Automated Clearing House Association Prearranged and Payment Deposit) format determined by the State.
