Electronic Identification Clause Samples
The Electronic Identification clause establishes the legal validity and acceptance of electronic signatures and digital identification methods within the agreement. It typically specifies that parties may use electronic means, such as digital signatures or secure login credentials, to sign documents or verify their identities, and that these methods are considered equivalent to traditional handwritten signatures. This clause ensures that transactions and communications conducted electronically are enforceable and recognized, thereby facilitating efficient, paperless processes and reducing administrative burdens.
Electronic Identification. We may validate name, address and other personal information supplied by you against appropriate third party databases. By accepting these terms and conditions you consent to such checks being made. In performing these checks personal information provided by you may be disclosed to a registered Credit Reference Agency which may keep a record of that information. This may affect your credit rating. All information provided by you will be treated securely and strictly in accordance with the Data Protection Act 2018.
Electronic Identification. Visa shall adopt rules, effective January 1, 2004, requiring that Visa POS Debit Devices not already having one be given unique Bank Identification Numbers (“BINs”), which each merchant and acquirer can utilize, with currently available technology, to distinguish Visa POS Debit Devices from Other Visa Products. This BIN shall be encoded in the magnetic stripe and any other electronic component of the card used for authorization and/or settlement (e.g., a chip) in such a way that all electronic point-of-sale terminals are, or can reasonably be made, capable of reading the electronic information. Visa shall provide a copy of these rules to Plaintiffs’ Co-Lead Counsel no later than November 1, 2003.
Electronic Identification. Your Direct Access to and use of PBC Online Banking requires an electronic identifier which consists of the use of one or more of the following:
1. client number;
2. password; and
3. other security measures required by PBC (individually and collectively, “Electronic Identification”). We will provide you with some of the components necessary for the creation of your Electronic Identification and where applicable, you may select certain components of the Electronic Identification yourself. You agree that electronic pages, such as PBC Online Banking, accessed by Electronic Identifica- tion are written documents and that when you “click” any on screen buttons stating “OK”, “proceed”, “continue”, “approve” or similar, such clicking will have the same legal effect as if you had placed your signature by hand and provided hardcopy versions of those pages to us with intent to be legally bound with PBC for their content.
Electronic Identification. The electronic identification is personal and is needed when you are connecting to or apply for new electronic services or use the services that are already available to you or you will get access to. Before you can be connected to a new electronic service, you must accept the terms and conditions applying to the service by using the electronic identification. The bank may, as required and depending on the technical solutions applied from time to time, issue new types of electronic identification to replace or supplement an existing electronic identification. New types of electronic identification are subject to the same terms and conditions as the identification which is replaced or supplemented, unless otherwise agreed. Electronic identification gives access to for instance: - transfer of amounts and other financial services - electronic communication and advice - - trading in securities and payment of goods and services on the internet - - purchase of goods and services on the internet - - conclusion of agreements with the bank via data communication or the like. The bank will for example inform you on its website when new electronic services are launched. Certain services may require credit assessment or other kind of approval.
Electronic Identification. If a customer uses electronic ID to identify themselves when logging into online banking, Arion app, ATM or to perform other actions in their business dealings with Arion Bank, e.g. sign documents, they are fully responsible for all actions carried out using the ID. When choosing a security number for electronic ID, the customer shall ensure that the security number cannot easily be traced back to the customer in question. The customer is not permitted to divulge the security number for their electronic ID to other people and should take all necessary measures to ensure that unauthorized people do not come into possession of the security number. Misuse of electronic ID may be punishable by law and the customer is responsible for using it legitimately. The customer also undertakes to: