North Carolina Issuer — Underwrite— - Oriented Sample Stored Value Product Agreement and Disclosures is a legal document and set of disclosures that governs the terms and conditions of a stored value product in the state of North Carolina. This agreement outlines the relationship between the issuer, underwriter, and the product holder. The agreement contains detailed provisions related to the issuance, use, and redemption of stored value products, such as gift cards, prepaid cards, or electronic money. It encompasses various types of stored value products, including open-loop and closed-loop cards, virtual wallets, electronic vouchers, and more. Different types of North Carolina Issuer — Underwrite— - Oriented Sample Stored Value Product Agreement and Disclosures may include: 1. Open-loop Stored Value Product Agreement and Disclosures: This type of agreement pertains to stored value products that can be used at multiple merchant locations and can also be used for ATM withdrawals. It covers terms related to card fees, expiration dates, limits on funds, replacement procedures, and dispute resolution. 2. Closed-loop Stored Value Product Agreement and Disclosures: This agreement applies to stored value products that are limited to use at a single merchant or a group of affiliated merchants. It covers terms and conditions concerning cardholder rights, expiration dates, transaction limits, refunds, and dispute resolution. 3. Virtual Wallet Agreement and Disclosures: This type of agreement focuses on stored value products that exist primarily in an electronic format, accessible through mobile applications or online platforms. It includes information about virtual wallet security measures, transaction limits, fees, and customer support. 4. Electronic Voucher Agreement and Disclosures: This agreement applies to stored value products issued as electronic vouchers, which can be redeemed for goods or services at specific merchants. It outlines the terms of voucher validity, restrictions, redemption procedures, and any associated fees. The North Carolina Issuer — Underwrite— - Oriented Sample Stored Value Product Agreement and Disclosures play a vital role in ensuring transparency and protection for both issuers and product holders. It is essential for both parties to thoroughly review and understand the agreement's terms and disclosures before participating in any stored value product program.