Important Merchant Responsibilities Sample Clauses

Important Merchant Responsibilities. (a) Ensure compliance with cardholder data security and storage requirements.
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Important Merchant Responsibilities. (a) Ensure compliance with payment card industry data security standard requirements and Association data security requirements specifically prohibiting the disclosure of any cardholder or transaction information to any third party without prior authorization from Bank. Merchant shall obtain timely PCI DSS certification of its systems and processes (which must be maintained during the Term) as required under the Association rules and authorizes Bank, PNX and the Associations to audit Merchants PCI DSS compliance and information security systems to verify compliance with the terms of this Agreement. Merchant is responsible for any unauthorized access to any Transaction data from the Merchant or from third parties retained by or on behalf of the Merchant. (b) Maintain fraud and chargebacks below Association thresholds. (c) Maintain an active data breach insurance policy with at least
Important Merchant Responsibilities. 1. Ensure compliance with cardholder data security and storage requirements. 2. Maintain fraud and chargebacks below Card Organization thresholds. Merchant Resources: 3. Review and understand the terms of the Merchant Agreement. 4. Comply with Card Organization rules. 5. Retain a signed copy of this Disclosure Page. Download “Visa Regulations” at: xxxx://xxx.xxxx.xxx/merchants/operations/op_regulations.html Download “MasterCard Rules” at: xxxx://xxx.xxxxxxxxxx.xxx/us/merchant/support/rules.html The responsibilities listed above do not supersede terms of the online Merchant Agreement and are provided to ensure the Merchant understands some important obligations of each party and that the Visa Member - Xxxxx Fargo Bank - is the ultimate authority should the Merchant have any problems.  I agree to the terms outlined above Merchant Name: Title: Date: PCI* AND PAYMENTS APPLICATION COMPLIANCE
Important Merchant Responsibilities. (a) Ensure compliance with payment card industry data security standard requirements and Association data security requirements specifically prohibiting the disclosure of any cardholder or transaction information to any third party without prior authorization from Bank. Merchant shall obtain timely PCI DSS

Related to Important Merchant Responsibilities

  • Client Responsibilities You are responsible for (a) assessing each participants’ suitability for the Training, (b) enrollment in the appropriate course(s) and (c) your participants’ attendance at scheduled courses.

  • Management Responsibilities The exclusive representative recognizes the right and obligation of the School Board to efficiently manage and conduct the operation of the School District within its legal limitations and with its primary obligation to provide educational opportunity for the students of the School District.

  • Client’s Responsibilities In addition to other responsibilities herein or imposed by law, the Client shall:

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