Prohibited Data Storage Clause Samples
The Prohibited Data Storage clause restricts parties from storing certain types of data, typically sensitive or regulated information, on specified systems or platforms. In practice, this clause may forbid the storage of personal data, payment card information, or confidential business records on cloud services or third-party servers that do not meet specific security standards. Its core function is to mitigate the risk of data breaches and ensure compliance with legal or contractual data protection requirements.
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Prohibited Data Storage. Neither Merchant nor any type of software system used by Merchant, shall store, save or retain, in whole or in part, either electronically, on paper or any other type of media, payment card magnetic stripe information, track data, or Card security codes (e.g. CVV, CVC, CID, CVV2 or CVC2) appearing or stored on the payment Card.
Prohibited Data Storage. Neither Merchant nor any type of software system used by Merchant, shall store, save or retain, in whole or in part, either
Prohibited Data Storage. Merchant shall not, and shall ensure that any type of software system used by Merchant, shall not, store, save, or retain, in whole or in part, either electronically, on paper or any other type of media, payment card magnetic stripe information, track data, or Card security codes (e.g., CVV, CVC, CID, CVV2 or CVC2) appearing or stored on the payment Card. Merchant shall destroy, in a manner that will render the data unreadable, all such media that Merchant no longer reasonably deems necessary or appropriate to store (except for Sales Drafts maintained in accordance with this Agreement, Laws, or Rules). Merchant shall not retain or store magnetic stripe, CVV2 or CVC2 data after authorization for any reason. Merchant shall not store, and shall ensure that all of Merchant’s third-party providers that have access to Cardholder data do not store, magnetic stripe, CVV2 or CVC2 data after a Transaction for any reason.