SecureNet Gateway definition

SecureNet Gateway means and includes collectively, the provision of following: (a) a license to use an e-commerce application (the “Gateway Software”) that will facilitate obtaining authorizations and capturing and transmitting Transaction Records for clearing, and (b) access to a network (the “Network”) hosted by SecureNet or another person with whom SecureNet has contracted, on which the Gateway Software and the Vault Software (hereinafter defined) are run and maintained as hosted applications. As used herein the term “SecureNet Vault” means and includes collectively, the provision of following: (a) a license to use an e- commerce application (the “Vault Software”) that will facilitate storing data obtained from Cardholders in the process capturing Transaction Records for clearing through SecureNet Gateway, and (b) access to the Network. Data stored by SecureNet Vault (collectively, the “Vault Data”) may include, without limitation, the Cardholders name, address, Card number and the Card expiration date. Vault Data is encrypted and once a Cardholder’s Vault Data is captured and stored, it can be used solely for the purpose of facilitating additional Card Transactions for such Cardholder. The Merchant may at its election use SecureNet Vault to store additional fields (collectively “Flexible Fields”) of information captured during the process of capturing a Card Transaction . The Merchant agrees not to store any information in the Flexible Fields of SecureNet Vault that is prohibited to be stored under applicable law or the Rules, including, without limitation, any card security codes otherwise known such as, among other names, Card Verification Value, Card Validation Code or Card ID.

Examples of SecureNet Gateway in a sentence

  • As used herein the term “SecureNet Vault” means and includes collectively, the provision of following: (a) a license to use an e- commerce application (the “Vault Software”) that will facilitate storing data obtained from Cardholders in the process capturing Transaction Records for clearing through SecureNet Gateway, and (b) access to the Network.

Related to SecureNet Gateway

  • Secure Network means a network which is only accessible to Authorised Users by Secure Authentication.

  • IT Infrastructure means software and all computers and related equipment, including, as applicable, central processing units and other processors, controllers, modems, servers, communications and telecommunications equipment and other hardware and peripherals.

  • Gateway means the BT electronic gateway, used for all ordering or fault reporting as described in the relevant section of the Handbook;

  • Universal Digital Loop Carrier (UDLC) means the DLC system that has a CO terminal channel bank that is connected to the CO switches on the analog side.

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.