PCI Requirements definition

PCI Requirements has the meaning set forth in Section 3.20(e).

PCI Requirements means the standards, rules and guidelines established by the Payment Card Industry (“PCI”), including the PCI Data Security Standard and the Payment Application Data Security Standard.

PCI Requirements means, collectively, PCI Security Standards Council’s Payment Card Industry Data Security Standard and all other applicable rules and requirements as may be promulgated from time to time by the PCI Security Standards Council, by any successor thereto, by any member thereof, or by any entity that functions as a card brand, card association, payment processor, acquiring bank, merchant bank or issuing bank with respect to a payment card bearing the logo of a PCI Security Standards Council member, including, without limitation, the Payment Application Data Security Standards and all audit and filing requirements.

Examples of PCI Requirements in a sentence

• Payment Credit Card Industry (PCI) Requirements: The Vendor agrees that it is their responsibility to become PCI compliant and maintain compliance.

• The Contractor is required to show that they are PCI compliant including attestation for the applicable period and conform to the latest PCI Requirements.

• The Contractor is required to show that it is PCI compliant including attestation for the applicable period and conform to the latest PCI Requirements.

• If you store, hold and maintain "Account Data", as defined by the PCI Requirements (including Customer card account number or expiration date), you further agree that you will either maintain a PCI-compliant system or use a compliant service provider to store or transmit such Account Data; further, you agree to never store any "Sensitive Authentication Data", as defined by the PCI Requirements (such as CVC or CVV2), data at any time.

• If the firm fails to supply the wholeinstallments, the entire amount of Performance Guaranty/ Security shall be forfeited to the Government account and the firm shall be blacklisted minimum for a period of two years.

More Definitions of PCI Requirements

PCI Requirements means the Payment Card Industry Data Security Standards (PCI-DSS), as applicable to the Company and each of its Subsidiaries, and all applicable rules, standards, procedures and requirements of the Card Associations.

PCI Requirements means PCI-DSS Requirements or PA-DSS Requirements, as applicable.

PCI Requirements means the PCI DSS and all Relevant Laws relating to: (i) the handling, storage and processing of currency, and (ii) the handling and storage of payment card data. Permitted Use means the use for which the Customer is permitted to use the Services, as set out in Schedule 1. Personnel includes any employee, officer, agent and consultant of a party. Relevant Law means any Act of Parliament, order, regulation and bylaw made with statutory authority, provision of common law or other binding law, or requirement of any authorisation, licence, permission, consent, permit, code of practice, rule or guidance of any competent authority (including any court, inspectorate, agency public or statutory person or the like) relevant to the Services. Representative means the Vix Representative and/or the Customer Representative as the context requires. Schedule means a schedule to this Agreement. Services means those services as further described in Schedule 1. Service Commencement Date means the date in which the Services are available to the Customer.

PCI Requirements means the PA-DSS Requirements (if applicable), the PCI-DSS Requirements and other rules or regulations of the Approved Bank Card Systems related to data security.

PCI Requirements shall have the meaning set forth in Section 5.09(b).

PCI Requirements means the requirements of the Payment Card Industry Security Standards Council as specified on the website located at: xxxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx/index.htm or its successor, as such requirements may be updated and/or amended from time to time. “Sensitive Authentication Data” means security-related information, including, without limitation, card verification value data, full Track Data (from the magnetic stripe or equivalent on a chip), and PINs (and PIN Blocks) used to authenticate cardholders and/or authorize card transactions. “Track Data” means data encoded in the magnetic stripe or chip used for authentication and/or authorization during a payment transaction.

PCI Requirements shall have the meaning set forth in Section 2.10(o) of this Agreement.