Electronic Commerce Transactions. 4.1 If Processor or Merchant Bank authorize Merchant to accept Electronic Commerce Transactions, Merchant agrees to comply with all the provisions of the Operating Rules pertaining to Electronic Commerce Transactions.
Electronic Commerce Transactions. If Bank authorizes Merchant to accept Electronic Commerce Transactions, Merchant agrees to comply with all the provisions of the Operating Rules pertaining to Electronic Commerce Transactions. Merchant shall at all times maintain a secure site for the transmission of data relating to the processing of Electronic Commerce Transactions. Merchant shall be responsible for ensuring, obtaining, and maintaining site security for the encryption of all data, and for any and all storage of data both in electronic and physical form. Each Electronic Commerce Transaction must be identified as such when submitted by Merchant by using the appropriate Electronic Commerce Transaction indicator values specified by the Card Networks. Merchant may not submit a request for Authorization for an Electronic Commerce Transaction that has failed a 3‐D Secure authentication request. Merchant shall display on Merchant’s website in a prominent manner: (I) the address of the Merchant’s Permanent Establishment, including Merchant’s country of domicile, located on the same screen view as the checkout screen used to present the total purchase amount, or within the sequence of web pages the Cardholder accesses during the checkout process; (2) a complete and accurate description of the goods or services offered; (3) Merchant’s merchandise return and refund policy clearly displayed on either the checkout screen, or on a separate screen that allows the purchaser to click an acceptance button; (4) Merchant’s consumer data privacy policy and the method of transaction security used to secure Cardholder account data during the ordering and payment process; (5) a customer service contact, including electronic mail address or telephone number; (6) transaction currency; (7) export restrictions (if known); (8) Merchant’s delivery/fulfillment policy. Merchant shall provide Cardholders a secure transaction method, such as Secure Socket Layer or Verified by Visa. Each website operated by Merchant must display the marks of the Card Networks for the Card types which are accepted by the Merchant, as specified in the Operating Rules. Merchant cannot refuse to complete an Electronic Commerce Transaction using a MasterCard‐branded Card solely because the Cardholder does not have a digital certificate or other secured protocol.
Electronic Commerce Transactions. 9.1.1 You have indicated to Us that You wish to raise Electronic Commerce Transactions and We have agreed to this. You agree to the following provisions:
Electronic Commerce Transactions. You may process electronic commerce (“EC”) transactions only if you have so indicated on the Application, and only if you have obtained EVO’s consent. If you submit EC transactions without our consent, we may immediately terminate this Agreement. If you have indicated on the Application that you will be submitting EC transactions, you acknowledge that you have reviewed the Payment Card Industry Data Security Standards (PCI DSS), Visa’s Cardholder Information Security Program (CISP) and MasterCard’s Site Data Protection Program (SDP), and to the extent that they apply to you, you agree to comply with, and ensure such transactions comply with, the terms of each. You understand that transactions processed via EC are high risk and subject to a higher incidence of chargebacks. You are liable for all chargebacks and losses related to EC transactions, whether or not: i) EC transactions have been encrypted; and ii) you have obtained consent to engage in such transactions. Encryption is not a guarantee of payment and will not waive any provision of this Agreement or otherwise validate a fraudulent transaction. All communication costs related to EC transactions are your responsibility. You understand that EVO will not manage the EC telecommunications link and that it is your responsibility to manage that link. All EC transactions will be settled by Bank into a depository institution of the United States in U.S. currency. i.
Electronic Commerce Transactions. You will use a Transaction Receipt to document each Electronic Commerce Transaction. Each such Transaction Receipt must include:
Electronic Commerce Transactions. (a) This Clause 5.8 shall apply if the Merchant: (i) has stated on the Application Documentation that it wishes to process Electronic Commerce Transactions and Paysafe has agreed to this; or (ii) sends to Paysafe Electronic Commerce Transactions without Paysafe's prior written agreement.
Electronic Commerce Transactions. 6.1 Where the Merchant has, as indicated in item 2 of the Schedule hereto, agreed with the Bank that it will accept Electronic Commerce Transactions the provisions of this clause 6 shall apply.
Electronic Commerce Transactions a. If Provider authorizes Merchant to accept Electronic Commerce Transactions, Merchant agrees to comply with all the provisions of the Operating Rules pertaining to Electronic Commerce Transactions.
Electronic Commerce Transactions. CUSTOMER acknowledges and agrees that this Section 7 pertains only to ECTs that arise from transactions effected in U. S. dollars. All of CUSTOMER’s ECTs must be in U.S. dollars and will be settled in U.S. dollars. Under the Card Organization Rules, ECTs are considered non face-to-face Card transactions. In addition, CUSTOMER must properly identify each ECT in the Sales Draft. CUSTOMER agrees to develop and maintain a point of presence on the Internet at CUSTOMER’s expense. CUSTOMER must post CUSTOMER’s consumer data privacy policy and method of transaction security on CUSTOMER’s web site(s) in accordance with the Card Organization Rules and Applicable Law. CUSTOMER will, in accordance with the Card Organization Rules and Applicable Law: (i) install and maintain a working firewall to protect data accessible via the Internet; (ii) keep security patches up to date; (iii) encrypt stored data; (iv) encrypt data sent across networks; (v) use and regularly update anti-virus software; (vi) restrict access to data on a “need to know” basis; (vii) assign a unique ID to each person with computer access to data; (viii) not use vendor-supplied defaults for system passwords and other security parameters; (ix) track access to data by unique ID; (x) regularly test security systems and processes; (xi) maintain a policy that addresses information security for employees and contractors; and (xii) restrict physical access to Cardholder data. CUSTOMER’s Internet web site must contain (a) a complete description of the goods or services offered, (b) CUSTOMER’s returned merchandise and refund policy, (c) CUSTOMER’s customer service contact information, including e-mail address and/or telephone number, (d) transaction currency, (e) export or legal restrictions (if known), (f) CUSTOMER’s delivery policy and (g) CUSTOMER’s country of domicile immediately prior to the Cardholder’s accessing of payment instructions. In addition, CUSTOMER must disclose, at all points of Cardholder interaction (including any of CUSTOMER’s supplier or subcontractor Internet web sites and any of CUSTOMER’s promotional materials and invoices), to the Cardholder that CUSTOMER, and not any of any CUSTOMER’s suppliers of goods or subcontractors for services, is the merchant of record and responsible for any Card transaction. CUSTOMER must also notify the Cardholder that CUSTOMER is responsible for (i) payment transactions, (ii) products and services, (iii) direct customer service, (iv) dispute resolution, an...
Electronic Commerce Transactions
