Common use of Distribution and Storage of Information Clause in Contracts

Distribution and Storage of Information. You shall not disclose a Cardholder’s account information or any other personal information to third parties other than to your agents for the purpose of completing the sale or as specifically required by law or by the Rules. You shall store in a limited access area for at least 1 year after the date of sales all transaction records, and you shall make and retain for at least 2 years the original or legible microfilm copies of both sides of all transaction records. Prior to discarding, you shall destroy or make unreadable all material containing Cardholder account numbers. There are no voice authorizations for PIN-Debit Card transactions and no manually imprinted PIN-Debit Sales Drafts. You may not store the Cardholder’s PIN in any manner.

Distribution and Storage of Information. You Merchant shall not disclose a Cardholder’s account information or any other personal information to third parties other than to your Merchant’s agents for the purpose of completing the sale or as specifically required by law or by the Rules. You Merchant shall store in a limited access area for at least 1 year after the date of sales sales, all transaction records, records and you Merchant shall make and retain for at least 2 years the original or legible microfilm copies of both sides of all transaction records. Prior to discarding, you Merchant shall destroy or make unreadable all material containing Cardholder account numbers. There are no voice authorizations for PIN-PIN- Debit Card transactions and no manually imprinted PIN-Debit Sales Drafts. You Merchant may not store the Cardholder’s PIN in any manner.