CyberSource Clients Using Altru for Card-Present Transactions Only Sample Clauses

CyberSource Clients Using Altru for Card-Present Transactions Only. Until Blackbaud makes available an EMV-capable point-of- sale (POS) solution (an “EMV Capable POS Solution”), Blackbaud will provide additional protection to U.S. clients using CyberSource who accept credit and debit cards for card-present machine-read transactions in Altru. This additional protection will commence on January 1, 2016 and will continue until 60 days after the date that Blackbaud makes available an EMV Capable POS Solution. During such time, Blackbaud will reimburse You the cost of chargebacks up to $1,000 per card -present machine- read transaction subject to the EMV Liability Shift (such chargebacks include those with the following chargeback codes: American Express codes F30 and F31; Discover Card codes UA05 and UA06; MasterCard codes 70 and 71; and Visa codes 62, 70, and 81). Those transactions covered include only the purchase of goods and/or services for which You suffer a financial loss such as ticket sales, event registrations, scheduled program registrations, membership sales, merchandise sales, and group ticket sales. For the avoidance of doubt, donations made to You, with fraudulent credit or debit cards, are not included in this additional protection. This additional protection is limited to CyberSource clients using Altru for chip-enabled cards that are swiped using a magnetic stripe reader. To receive reimbursement, You must provide Blackbaud with documentation from their payment processor that the chargeback resulted from an EMV (chip) card transaction and that the cardholder was disputed in accordance with their payment processor requirements but settled in favor of the cardholder. Blackbaud will review all requests and refunds will be subject to Blackbaud approval. Blackbaud reserves the right to terminate this additional protection at will. EXHIBIT C, BBPS SERVICE LEVELS
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Related to CyberSource Clients Using Altru for Card-Present Transactions Only

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