Common use of Administration Card and Passcode Clause in Contracts

Administration Card and Passcode. If we provide you with an administration card and/or passcode for use when completing returns, reversals, manual processing of Transactions, or any other purpose, you will ensure that these are kept in a secure place for your protection. You will be liable for any use of the administration card and/or passcode, unless you tell us that it has been lost or stolen, or that you suspect it has been. We are the owner of each administration card and passcode or any other tools we issue to you. No one but you and your personnel are permitted to use these cards, passcodes or tools and you do not have the right to assign or transfer them to anyone else.

Appears in 6 contracts

Samples: Merchant Agreement Terms and Conditions, Merchant Agreement Terms and Conditions, Moneris Merchant Agreement Terms and Conditions

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