Common use of Payment Applications Clause in Contracts

Payment Applications. Merchant may be using special services, hardware or software provided by a third party (“Third Party Payment System”) to assist Merchant in processing Transactions, including Authorizations, batch settlement or accounting functions. In the event Merchant uses a Third Party Payment System including, but not limited to, a POS Terminal, POS system, POS software, payment software, payment gateway, virtual terminal, Cardholder activated terminal or automated fuel dispenser, Merchant is responsible for assuring third party system is PA-DSS certified and complies with the PABP (Payment Application Best Practices) as set forth by the Payment Card Industry Security Standards Council (PCI-SSC) and the Card Brands. Merchant must ensure that any software or system updates of Third Party Payment System(s) satisfies all security standards required under the Rules (including PABP, PA-DSS and PCI-DSS).. Service Provider has no responsibility for any Transaction until that point in time Service Provider receives data about the Transaction. Merchant must notify Service Provider of its use of any Third Party Payment System that will have access to and/or stores Cardholder or Card information.

Payment Applications. Merchant may be using special services, hardware or software provided by a third party (“Third Party Payment System”) to assist Merchant in processing Transactions, including Authorizations, batch settlement or accounting functions. In the event Merchant uses a Third Party Payment System including, but not limited to, a POS Terminal, POS system, POS software, payment software, payment gateway, virtual terminal, Cardholder activated terminal or automated fuel dispenser, Merchant is responsible for assuring third party system is PA-DSS certified and complies with the PABP (Payment Application Best Practices) as set forth by the Payment Card Industry Security Standards Council (PCI-SSC) and the Card Brands. . Merchant must ensure that any software or system updates of Third Party Payment System(s) satisfies all security standards t h e n required under the Rules (including PABP, PA-DSS and PCI-DSS).. . Service Provider has no responsibility for any Transaction until that point in time Service Provider receives data about the Transaction. Merchant must notify Service Provider of its use of any Third Party Payment System that will have access to and/or stores Cardholder or Card information.