Electronic Commerce Transactions Sample Clauses

Electronic Commerce Transactions. If Bank authorizes Merchant to accept Electronic Commerce Transactions, Merchant agrees to comply with all the provisions of the Operating Rules pertaining to Electronic Commerce Transactions. Merchant shall at all times maintain a secure site for the transmission of data relating to the processing of Electronic Commerce Transactions. Merchant shall be responsible for ensuring, obtaining, and maintaining site security for the encryption of all data, and for any and all storage of data both in electronic and physical form. Each Electronic Commerce Transaction must be identified as such when submitted by Merchant by using the appropriate Electronic Commerce Transaction indicator values specified by the Card Networks. Merchant may not submit a request for Authorization for an Electronic Commerce Transaction that has failed a 3‐D Secure authentication request. Merchant shall display on Merchant’s website in a prominent manner: (I) the address of the Merchant’s Permanent Establishment, including Merchant’s country of domicile, located on the same screen view as the checkout screen used to present the total purchase amount, or within the sequence of web pages the Cardholder accesses during the checkout process; (2) a complete and accurate description of the goods or services offered; (3) Merchant’s merchandise return and refund policy clearly displayed on either the checkout screen, or on a separate screen that allows the purchaser to click an acceptance button; (4) Merchant’s consumer data privacy policy and the method of transaction security used to secure Cardholder account data during the ordering and payment process; (5) a customer service contact, including electronic mail address or telephone number; (6) transaction currency; (7) export restrictions (if known); (8) Merchant’s delivery/fulfillment policy. Merchant shall provide Cardholders a secure transaction method, such as Secure Socket Layer or Verified by Visa. Each website operated by Merchant must display the marks of the Card Networks for the Card types which are accepted by the Merchant, as specified in the Operating Rules. Merchant cannot refuse to complete an Electronic Commerce Transaction using a MasterCard‐branded Card solely because the Cardholder does not have a digital certificate or other secured protocol.
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Electronic Commerce Transactions. 9.1.1 You have indicated to Us that You wish to raise Electronic Commerce Transactions and We have agreed to this. You agree to the following provisions: 9.1.2 You warrant and represent to Us that You will not, and You will also ensure Your agents, subcontractors and employees do not, use any Website in any way which might jeopardise Your integrity, confidentiality, or security or Your agents' terminals, associated equipment, any computer system, servers or network used by Us or with Cardholders or other computer systems including through disabling devices and unsolicited e-mails. 9.1.3 You shall clearly display and maintain on any website the following information as required by the Networks: (i) a complete and accurate description of all goods and/or services offered for sale; (ii) full details of their cancellation, delivery and returns policy; (iii) Your service contact details (iv) Transaction currency; (v) export or legal restrictions, if known; (vi) data protection, privacy policy and security capabilities; (vii) security method for the transmission of payment data; (viii) information that the Cardholder is committing to a Transaction before they select the “pay now” button, with an obvious option to cancel the payment at this point as an alternative to paying; (ix) the address of its permanent establishment, and (x) any other information required by Applicable Laws, regulations or Network Rules. 9.1.4 You will prominently and unequivocally inform the Cardholder of Your identity at all points of interaction, so that the Cardholder can readily distinguish You from any other party. In particular, You must 9.1.4.1 display Your name prominently 9.1.4.2 identify prominently Your name as displayed on Your Website as both Your registered company name and the trading name (if relevant) that will appear on the Cardholder statement; an 9.1.4.3 display Your company name as prominently as any other information depicted on the Website, other than images of the products or services being offered on sale; 9.1.5 You shall comply with any requested changes to Your website by either the Acquirer or Us where We or the Acquirer, as applicable, deem it necessary or appropriate to ensure that You remain in compliance with the Network Rules governing the use of Marks. We may give You immediate notice of termination if We consider that in Our opinion, which shall be final, the content of Your Website, or any of the goods and/or services offered on such Website do not meet ...
Electronic Commerce Transactions. 8.1.1 You have indicated to Us that You wish to raise Electronic Commerce Transactions and We have agreed to this. You agree to the following provisions:
Electronic Commerce Transactions. You may process electronic commerce (“EC”) transactions only if you have so indicated on the Application, and only if you have obtained EVO’s consent. If you submit EC transactions without our consent, we may immediately terminate this Agreement. If you have indicated on the Application that you will be submitting EC transactions, you acknowledge that you have reviewed the Payment Card Industry Data Security Standards (PCI DSS), Visa’s Cardholder Information Security Program (CISP) and MasterCard’s Site Data Protection Program (SDP), and to the extent that they apply to you, you agree to comply with, and ensure such transactions comply with, the terms of each. You understand that transactions processed via EC are high risk and subject to a higher incidence of chargebacks. You are liable for all chargebacks and losses related to EC transactions, whether or not: i) EC transactions have been encrypted; and ii) you have obtained consent to engage in such transactions. Encryption is not a guarantee of payment and will not waive any provision of this Agreement or otherwise validate a fraudulent transaction. All communication costs related to EC transactions are your responsibility. You understand that EVO will not manage the EC telecommunications link and that it is your responsibility to manage that link. All EC transactions will be settled by Bank into a depository institution of the United States in U.S. currency. i.
Electronic Commerce Transactions. (a) This Clause 5.8 shall apply if the Merchant: (i) has stated on the Application Documentation that it wishes to process Electronic Commerce Transactions and Paysafe has agreed to this; or (ii) sends to Paysafe Electronic Commerce Transactions without Paysafe's prior written agreement. (b) Each Electronic Commerce Transaction must be sent to Paysafe online for authorisation in accordance with Clause 5.4 (Authorisation). (c) The Merchant shall notify Paysafe in writing without delay of any other websites (other than the Websites specified in the Application Documentation or which Paysafe has otherwise provided its prior written consent to), which are intended to be used for processing Transactions. Such websites may only be used in connection with the Services once they have been reviewed and approved by Paysafe in writing.
Electronic Commerce Transactions. 6.1 Where the Merchant has, as indicated in item 2 of the Schedule hereto, agreed with the Bank that it will accept Electronic Commerce Transactions the provisions of this clause 6 shall apply. 6.2 The Merchant acknowledges that this type of transaction carries a greater risk of repudiation from Cardholders, and refusals and Chargebacks by the Bank as the transaction is not conducted in an environment where you and a Cardholder are both present in person. 6.3 The Merchant agrees to comply with the following: a) That, for Non-Secure Transactions and Non- Authenticated Security Transactions, the Merchant shall have obtained the Cardholder’s Card expiration date and the three digit security code indent printed on the Card’s signature panel (CVV2 or CVC2) and forward it as part of the request for Authorization. b) That in respect of all Electronic Commerce Transactions, it shall do all of the following: 1. Obtain Authorisation for each Electronic Commerce Transaction on any day up to seven (7) days prior to the Transaction Date. This Authorization is valid if the Electronic Commerce Transaction amount is within 15% of the authorized amount, provided that the additional amount represents shipping costs. 2. Provide written disclosure to the Purchaser of any shipping and handling charges and any applicable tax. c) That, if it offers an instalment option for an Electronic Commerce Transaction, in addition to the matters referred to above, it shall do all of the following: 1. Obtain Authorisation for each instalment payable in respect of the Electronic Commerce Transaction: 2. Disclose, in writing, to the Cardholder, whether the instalment terms limit the goods or services that a Cardholder may purchase. 3. Inform a Cardholder not billed in the Electronic Commerce Transaction currency that each instalment amount may vary due to currency conversion rate fluctuations. 4. Ensure that the sum of the instalments for the Electronic Commerce Transaction does not exceed the total price of the goods. 5. Ensure that finance charges are not added to the instalment Electronic Commerce Transaction. 6.4 Each Electronic Commerce Transaction shall be reflected in an Electronic Commerce Transaction Receipt in the form furnished by the Merchant to the Bank and which shall contain the following information: a) Electronic Commerce Merchant name b) Electronic Commerce Merchant online address
Electronic Commerce Transactions. CUSTOMER acknowledges and agrees that this Section 7 pertains only to ECTs that arise from transactions effected in U. S. dollars. All of CUSTOMER’s ECTs must be in U.S. dollars and will be settled in U.S. dollars. Under the Card Organization Rules, ECTs are considered non face-to-face Card transactions. In addition, CUSTOMER must properly identify each ECT in the Sales Draft. CUSTOMER agrees to develop and maintain a point of presence on the Internet at CUSTOMER’s expense. CUSTOMER must post CUSTOMER’s consumer data privacy policy and method of transaction security on CUSTOMER’s web site(s) in accordance with the Card Organization Rules and Applicable Law. CUSTOMER will, in accordance with the Card Organization Rules and Applicable Law: (i) install and maintain a working firewall to protect data accessible via the Internet; (ii) keep security patches up to date; (iii) encrypt stored data; (iv) encrypt data sent across networks; (v) use and regularly update anti-virus software; (vi) restrict access to data on a “need to know” basis; (vii) assign a unique ID to each person with computer access to data; (viii) not use vendor-supplied defaults for system passwords and other security parameters; (ix) track access to data by unique ID; (x) regularly test security systems and processes; (xi) maintain a policy that addresses information security for employees and contractors; and (xii) restrict physical access to Cardholder data. CUSTOMER’s Internet web site must contain (a) a complete description of the goods or services offered, (b) CUSTOMER’s returned merchandise and refund policy, (c) CUSTOMER’s customer service contact information, including e-mail address and/or telephone number, (d) transaction currency, (e) export or legal restrictions (if known), (f) CUSTOMER’s delivery policy and (g) CUSTOMER’s country of domicile immediately prior to the Cardholder’s accessing of payment instructions. In addition, CUSTOMER must disclose, at all points of Cardholder interaction (including any of CUSTOMER’s supplier or subcontractor Internet web sites and any of CUSTOMER’s promotional materials and invoices), to the Cardholder that CUSTOMER, and not any of any CUSTOMER’s suppliers of goods or subcontractors for services, is the merchant of record and responsible for any Card transaction. CUSTOMER must also notify the Cardholder that CUSTOMER is responsible for (i) payment transactions, (ii) products and services, (iii) direct customer service, (iv) dispute resolution, an...
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Electronic Commerce Transactions. You may process electronic commerce (“EC”) transactions only if you have so indicated on the Application, and only if you have obtained EVO’s consent. If you submit EC transactions without our consent, we may immediately terminate this Agreement. If you have indicated on the Application that you will be submitting EC transactions, you acknowledge that you have reviewed the Payment Card Industry Data Security Standards (PCI DSS), Visa’s Cardholder Information Security Program (CISP), Mastercard’s Site Data Protection Program (SDP), and American Express’ Merchant Data Security Requirements (MDSR) and to the extent that they apply to you, you agree to comply with, and ensure such transactions comply with, the terms of each. You understand that transactions processed via EC are high risk and subject to a higher incidence of chargebacks. You are liable for all chargebacks and losses related to EC transactions, whether or not: i) EC transactions have been encrypted; and ii) you have obtained consent to engage in such transactions. Encryption is not a guarantee of payment and will not waive any provision of this Agreement or otherwise validate a fraudulent transaction. All communication costs related to EC transactions are your responsibility. You understand that EVO will not manage the EC telecommunications link and that it is your responsibility to manage that link. All EC transactions will be settled by Bank into a depository institution of the United States in
Electronic Commerce Transactions. You will use a Transaction Receipt to document each Electronic Commerce Transaction. Each such Transaction Receipt must include: (1) Card account number (truncated account number required on the Cardholder’s copy) including the specific payment brand (i.e. Visa or MasterCard).
Electronic Commerce Transactions a. If Bank authorizes Merchant to accept Electronic Commerce Transactions, Merchant agrees to comply with all the provisions of the Operating Rules pertaining to Electronic Commerce Transactions. b. Merchant shall at all times maintain a secure site for the transmission of data relating to the processing of Electronic Commerce Transactions. Merchant shall be responsible for ensuring, obtaining and maintaining site security, for the encryption of all data, and for any and all storage of data both in electronic and physical form. c. Each Electronic Commerce Transaction must be identified as such when submitted by Merchant by using the appropriate Electronic Commerce Transaction indicator values specified by the Card Networks. d. Merchant may not submit a request for Authorization for an Electronic Commerce Transaction that has failed a 3-D Secure authentication request. e. Merchant shall provide Cardholders a secure transaction method, such as Secure Socket Layer or 3-D Secure. f. Each web site operated by Merchant must display the marks of the Card Networks for the Card types which are accepted by the Merchant, as specified in the Operating Rules.
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