Examples of Card Organizations in a sentence
The Card Organizations have mandated that all merchants must comply with the PCI DSS found at xxx.xxxxxxxxxxxxxxxxxxxx.xxx (see xxx.xxxx.xxx/xxxx for additional information).
You are responsible for monitoring your monthly chargeback percentage and developing chargeback reduction plans as required by the Card Organizations.
If you exceed a 1% chargeback to interchange ratio for all incoming chargebacks for a particular location you are considered an excessive chargeback merchant and may be subject to a Card Organization's monitoring programs.
Your acceptance of cards, bearing the symbols of organizations other than the Debit Networks or the Card Organizations, such as American Express and transmission of such card transactions to Processor will constitute your agreement to the terms of this Agreement with regard to such cards.
For the avoidance of doubt, with respect to the payments you have elected to accept on your Merchant Processing Application, you authorize us to submit Card transactions to, and receive settlement for such transactions from, the applicable Card Organizations on your behalf.
As part of PCI DSS, the Card Organizations require that you have a security policy that covers the security of credit card information.
Upon request, you shall provide, and/or cause to be provided, to us and our Affiliates, or our representatives or regulators (as well as those of the Card Organizations) reasonable access to your or your providers’ facilities and records for the purpose of performing any inspection and/or copying of books and/or records deemed appropriate.
The fee for the acquiring services, which depends on the interchange fees and other similar fee of the Card Organizations, may be changed by the Member with shorter notice in case of Regulatory change.
The maximum amount up to which no PIN is required is determined for each country by the International Card Organizations, but it is not higher than EUR 50 or the corresponding equivalent in the local currency.
In addition to the foregoing, you must also pay us promptly for all expenses and claims made by Issuers against us alleging your responsibility for the Compromised Data Event, apart from any claim procedures administered by the Card Organizations.