PCI Certification Sample Clauses
The PCI Certification clause requires parties, typically those handling payment card data, to comply with the Payment Card Industry Data Security Standard (PCI DSS). This means the party must obtain and maintain certification that demonstrates their systems and processes meet industry standards for protecting cardholder data, often through regular audits or assessments. The core function of this clause is to ensure that sensitive payment information is handled securely, thereby reducing the risk of data breaches and protecting both parties from potential financial and reputational harm.
POPULAR SAMPLE Copied 1 times
PCI Certification. Third Party Vendor represents and warrants to OSU that it has been certified as a Level 1 service provider per PCI DSS and covenants that it will maintain such certification.
PCI Certification. Job control in general takes place in the course of the annual certification according to the Data Security Standard of the Payment Card Industry (PCI-DSS in general) and the preparations for this. Within this certification, the Processor undergoes, in particular, strict external assessments of the technical and organisational measures. • Data Protection Officer Moreover, the Processor has appointed a data protection officer who works towards ensuring compliance with the applicable data protection provisions. • Commitment To Data Secrecy And Confidentiality Furthermore, the Processor is only using persons for the Processing on behalf of the Controller who have been committed in writing to the data secrecy and, according to the provisions of the GDPR, to confidentiality. • Formalised Placement Of Orders The placement of orders by Controllers towards the Processor usually takes place in a formalised way via the oder forms and contractual documents provided by the Processor. This process for a formalised placement of orders serves the quality assurance regarding the performance of services by the Processor as contractually agreed.
PCI Certification. For the duration of the term of this Agreement, Passport will maintain Payment Card Industry – Data Security Standard certification.
PCI Certification. If Provider has access to Cardholder Information, Provider represents and warrants that it maintains certification of its compliance with the PCI Standards and that it regularly participates in independent, third-party monthly system vulnerability scans. Provider will promptly provide, at the request of Adobe, current certification of compliance with the PCI Standards, by an authority recognized by the Payment Card Industry for that purpose.
PCI Certification. Service Provider shall be certified to meet payment card security requirements for Visa, MasterCard, American Express and Discover, including, but not limited to PCI DSS (Payment Card Industry Data Security Standards), PA DSS (Payment Application Data Security Standards) and PABP (Payment Application Best Practices) requirements and other requirements as they are adopted by Visa, MasterCard, American Express and Discover. Service Provider shall provide written annual confirmation of PCI DSS compliance from the credit card types used by District (Visa, MasterCard, American Express and Discover). Service Provider shall immediately notify the District if it undergoes, or has reason to believe that it shall undergo, an adverse change resulting in the loss of compliance with the PCI DSS standards and/or other material payment card industry standard. The real-time bank card authorization process shall be PCI Level 1 compliant and hardware/software must be PA-DSS validated at time of proposal submission. Service Provider shall provide evidence of Payment Card Industry-Data Security Standard (PCI-DSS) compliance at time of proposal submission. PCI compliance and real-time payment authorization must be displayed on the public-facing website
PCI Certification. Third Party Vendor represents and warrants to UT that it has been certified as a Level 1 or 2 service provider (initial below) per PCI DSS and covenants that it will maintain such certification.
a. Level 1 – Service provider that stores processes and/or transmits greater than or equal to 300,000 transactions per year. (initial)
b. Level 2 - Service provider that stores processes and/or transmits less than 300,000 transactions per year. (initial)