Common use of Card Brand Rules Clause in Contracts

Card Brand Rules. If you accept cards issued by any of the major Card Brands, then in addition to these Payment Terms and Conditions, you will also be obligated to comply with Card Brand rules and regulations, the terms of which are incorporated by reference herein. The operating regulations for each of the major Card Brands can be accessed at the links below: ▪ VISA: xxx.xxxx.xxx/merchants/operations/op_regulations.html ▪ Mastercard: xxxxx://xxx.xxxxxxxxxx.xx/en-us/business/overview/support/rules.html ▪ American Express: xxx.xxxxxxxxxxxxxxx.xxx\merchantopguide ▪ Discover: xxxxx://xxx.xxxxxxxxxxxxxxx.xxx/en-us/faq ▪ For transactions involving ACH, a copy of the NACHA operating rules and guidelines are available at xxx.xxxxxxxxxxxxxx.xxx. Nothing in this Sub-Merchant Agreement shall be read or construed to interfere with or lessen the right of the Processor, the bank(s), or the Card Brands to terminate this Sub-Merchant Agreement; and, if this occurs, such termination shall not be considered a material breach of the Agreement by us. In the event of a conflict between this Sub-Merchant Agreement and the Card Brand’s operating regulations, the Card Brand operating regulations will control. With respect to the Card Brand operating regulations, you acknowledge and agree that: (a) you will be responsible for the actions of your employees and agents; (b) you will comply with all applicable laws and regulations and all applicable parts of the operating regulations, including those parts regarding the ownership and use of Card Brand marks; (c) you will notify us, as your payment facilitator, of any third-party that will have access to Cardholder Data; (d) you will comply with, and will contractually require your suppliers and agents to comply with, the provisions of the Cardholder Information Security Program (CISP) and PCI DSS, or other security program as required by a Card Brand and demonstrate compliance with these security obligations; and (e) Card Brands may conduct, or direct another party to conduct, an audit of you at any time, and you must comply in all material respects with such audit until its completion.

Appears in 3 contracts

Samples: Payment Terms and Conditions, Payment Terms and Conditions, Payment Terms and Conditions

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Card Brand Rules. If you accept cards issued by any of the major Card Brands, then in addition to these Payment Terms and Conditions, you will also be obligated to comply with Card Brand rules and regulations, the terms of which are incorporated by reference herein. The operating regulations for each of the major Card Brands can be accessed at the links below: ▪ VISA: xxx.xxxx.xxx/merchants/operations/op_regulations.html xxx.xxxx.xxx/xxxxxxxxx/xxxxxxxxxx/xx_xxxxxxxxxxx.xxxx ▪ Mastercard: xxxxx://xxx.xxxxxxxxxx.xx/en-us/business/overview/support/rules.html ▪ American Express: xxx.xxxxxxxxxxxxxxx.xxx\merchantopguide ▪ Discover: xxxxx://xxx.xxxxxxxxxxxxxxx.xxx/en-us/faq ▪ For transactions involving ACH, a copy of the NACHA operating rules and guidelines are available at xxx.xxxxxxxxxxxxxx.xxx. Nothing in this Sub-Merchant Agreement shall be read or construed to interfere with or lessen the right of the Processor, the bank(s), or the Card Brands to terminate this Sub-Merchant Agreement; and, if this occurs, such termination shall not be considered a material breach of the Agreement by us. In the event of a conflict between this Sub-Merchant Agreement and the Card Brand’s operating regulations, the Card Brand operating regulations will control. With respect to the Card Brand operating regulations, you acknowledge and agree that: (a) you will be responsible for the actions of your employees and agents; (b) you will comply with all applicable laws and regulations and all applicable parts of the operating regulations, including those parts regarding the ownership and use of Card Brand marks; (c) you will notify us, as your payment facilitator, of any third-party that will have access to Cardholder Data; (d) you will comply with, and will contractually require your suppliers and agents to comply with, the provisions of the Cardholder Information Security Program (CISP) and PCI DSS, or other security program as required by a Card Brand and demonstrate compliance with these security obligations; and (e) Card Brands may conduct, or direct another party to conduct, an audit of you at any time, and you must comply in all material respects with such audit until its completion.

Appears in 1 contract

Samples: Payment Terms and Conditions

Card Brand Rules. If you accept cards issued by any of the major Card Brands, then in addition to these Payment Terms and Conditions, you will also be obligated to comply with Card Brand rules and regulations, the terms of which are incorporated by reference herein. The operating regulations for each of the major Card Brands can be accessed at the links below: ▪ VISA: xxx.xxxx.xxx/merchants/operations/op_regulations.html xxx.xxxx.xxx/xxxxxxxxx/xxxxxxxxxx/xx_xxxxxxxxxxx.xxxx ▪ Mastercard: xxxxx://xxx.xxxxxxxxxx.xx/en-us/business/overview/support/rules.html ▪ American Express: xxx.xxxxxxxxxxxxxxx.xxx\merchantopguide ▪ Discover: xxxxx://xxx.xxxxxxxxxxxxxxx.xxx/en-us/faq ▪ For transactions involving ACH, a copy of the NACHA operating rules and guidelines are available at xxx.xxxxxxxxxxxxxx.xxx. Nothing in this Sub-Merchant Agreement shall be read or construed to interfere with or lessen the right of the Processor, the bank(s), or the Card Brands to terminate this Sub-Merchant Agreement; and, if this occurs, such termination shall not be considered a material breach of the Agreement by us. In the event of a conflict between this Sub-Merchant Agreement and the Card Brand’s operating regulations, the Card Brand operating regulations will control. With respect to the Card Brand operating regulations, you acknowledge and agree that: (a) you will be responsible for the actions of your employees and agentsagents to the extent required by law; (b) you will comply with all applicable laws and regulations and all applicable parts of the operating regulations, including those parts regarding the ownership and use of Card Brand marks; (c) you will notify us, as your payment facilitator, of any third-party that will have access to Cardholder Data; (d) you will comply with, and will contractually require your suppliers and agents to comply with, the provisions of the Cardholder Information Security Program (CISP) and PCI DSS, or other security program as required by a Card Brand and demonstrate compliance with these security obligations; and (e) Card Brands may conduct, or direct another party to conduct, an audit of you at any time, and you must comply in all material respects with such audit until its completion.

Appears in 1 contract

Samples: Merchant Services Agreement for Sub

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Card Brand Rules. If you accept cards issued by any of the major Card Brands, then in addition to these Payment Terms and Conditions, you will also be obligated to comply with Card Brand rules and regulations, the terms of which are incorporated by reference herein. The operating regulations for each of the major Card Brands can be accessed at the links below: VISA: xxx.xxxx.xxx/merchants/operations/op_regulations.html Mastercard: xxxxx://xxx.xxxxxxxxxx.xx/en-us/business/overview/support/rules.html American Express: xxx.xxxxxxxxxxxxxxx.xxx\merchantopguide Discover: xxxxx://xxx.xxxxxxxxxxxxxxx.xxx/en-us/faq For transactions involving ACH, a copy of the NACHA operating rules and guidelines are available at xxx.xxxxxxxxxxxxxx.xxx. Nothing in this Sub-Merchant Agreement shall be read or construed to interfere with or lessen the right of the Processor, the bank(s), or the Card Brands to terminate this Sub-Merchant Agreement; and, if this occurs, such termination shall not be considered a material breach of the Agreement by us. In the event of a conflict between this Sub-Merchant Agreement and the Card Brand’s operating regulations, the Card Brand operating regulations will control. With respect to the Card Brand operating regulations, you acknowledge and agree that: (a) you will be responsible for the actions of your employees and agents; (b) you will comply with all applicable laws and regulations and all applicable parts of the operating regulations, including those parts regarding the ownership and use of Card Brand marks; (c) you will notify us, as your payment facilitator, of any third-party that will have access to Cardholder Data; (d) you will comply with, and will contractually require your suppliers and agents to comply with, the provisions of the Cardholder Information Security Program (CISP) and PCI DSS, or other security program as required by a Card Brand and demonstrate compliance with these security obligations; and (e) Card Brands may conduct, or direct another party to conduct, an audit of you at any time, and you must comply in all material respects with such audit until its completion.

Appears in 1 contract

Samples: Foreup Payments Terms and Conditions

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