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Merchant Obligations Sample Clauses

Merchant Obligations. (1) Merchant shall provide a valid, working administrative email address on enrolment. Any changes to Merchant’s account must be made via the administrative email address provided upon enrolment. The security of Merchant’s account is dependent in part upon Merchant maintaining the security of such administrative email address. Merchant shall be fully and solely responsible for any unauthorized changes to Merchant’s account via this email address. (2) Merchant will be given an ID code and password to allow Merchant to have access to Gateway Services. Merchant shall be fully and solely responsible for the establishment and maintenance of procedures to insure the control and confidentiality of identification codes and passwords and other access procedures (“Codes”). FAILURE TO PROTECT THE CODES MAY ALLOW UNAUTHORIZED PARTIES TO ACCESS THE GATEWAY SERVICES. Merchant is required to put in place internal procedures to limit such risk, including, but not limited to (a) changing the password at least once every 120 calendar days; (b) keeping every identification code under secure conditions; and (c) not keeping, in any form or in any place, any list of passwords. Merchant agrees to comply with any access or identification procedures and security protocols established from time to time by ISO, and if Merchant believes that any Code or security procedures has or may have become known by an unauthorized person (whether employed by Merchant or not), Merchant shall immediately notify ISO by telephone and confirm to ISO in writing such oral notification within 24 hours.
Merchant ObligationsMerchant shall fully comply with applicable law and the Card Company Rules in connection with its use of the Account Updater Service. Further, Merchant shall provide its customers, whose Card(s) is/are eligible for the Account Updater Service, with all disclosures required under applicable law to enable Merchant to use the Account Updater Service to update the customer’s Card(s). The foregoing shall include, but shall not be limited to, incorporating promptly into Merchant’s standard terms and conditions, privacy policy, and/or other customer facing documentation, any language required by applicable law or the Card Company Rules. Merchant shall also provide adequate disclosures to make clear to customers that if they do not want their applicable Card Data updated, they may request Merchant to remove their Card that is being stored by PayPal and/or terminate their recurring transaction agreement with Merchant.
Merchant Obligations. A. Notification of Business Changes. Merchant shall provide Bank and NMS with immediate notice if Merchant intends to: (i) transfer, sell or liquidate any substantial part of its total assets and/or equity; (ii) change the basic nature of its business affecting Merchant’s MCC; (iii) change ownership or transfer control of its business; (iv) enter into any joint venture, partnership or similar business arrangement whereby any person or entity not a party to this Agreement assumes any interest in Merchant’s business; or (v) modify Merchant’s monthly processing volume and/or average ticket size as approved by Bank and NMS, collectively known as Business Changes. Notice to Bank and NMS should be made to in accordance with Article VII, Section 7.02. Failure or neglect to provide notice of Business Changes may be grounds for termination of this Agreement. In event of B. Financial Condition. (a) Merchant will notify Bank and NMS, within one business day, in event of bankruptcy, receivership, insolvency, or similar condition or action initiated by or against Merchant or any of its principals; hereafter collectively referred to as a “Financial Condition Change.” (b) Merchant will include Bank and NMS as a creditor in Merchant’s bankruptcy proceedings if Merchant has funds due to Bank for any reason including fees, chargebacks or ACH rejects. (c) In event of Financial Condition Change, or if Merchant is aware of future or imminent Financial Condition Change, Merchant will cease all Card acceptance at once and will no longer accept and submit Card Transactions until Bank and NMS have given Merchant permission to do so after receiving notice of Financial Condition Change. (d) In the event of Financial Condition Change, Merchant will not sell, transfer, or disclose any Cardholder information, inclusive of Card account numbers or personal information to agent, vendors or any other parties.
Merchant Obligations. 4.1 MONITORING, DISPUTES & REFUNDS. (a) MERCHANT’S DUTY TO MONITOR ACCOUNT & NOTIFY VANTAGE OF UNAUTHORIZED ACCESS OR TRANSACTIONS. Vantage will not, and has no obligation to, confirm the validity of the recipient or transaction Vantage receives. Vantage assumes no liability for any unauthorized transfer request and the attendant transfer of funds. If Vantage receives appropriate and timely notice by Merchant of an unauthorized transfer request prior to the completion of such transfer and with enough time to act on such notice, Vantage will use commercially reasonable efforts to prevent such unauthorized transfer, provided however that Vantage will have no liability associated with any failure to prevent such unauthorized transfer. Merchant must inspect and reconcile its transaction history and deposits daily. Merchant must immediately report any possible errors or unauthorized access to its account by sending an email to xxxxxxx@xxxxxxxxxxx.xxx that includes: (1) Merchant’s name and account number; (2) the dollar amount of the asserted error; (3) a commercially reasonable description of the asserted error (referencing specific transactions if applicable); and, (4) an explanation of why Merchant believes an error exists and, if known, the cause of the error. The email notice must not include any full Social Security Number, Card number, or verification number. Under no circumstances will Vantage have any liability for an unauthorized transaction (Card, ACH, or otherwise). Under no circumstances will Vantage have any liability for an unauthorized ACH transaction that is originated through Vantage, and Merchant will have full responsibility and liability for each such transaction. (b) VANTAGE’S INVESTIGATION & RESOLUTION. Merchant may not make a claim against Vantage for any loss or expense relating to any asserted error or unauthorized transaction for 60 days following Vantage's receipt of your email notice referenced above. During that 60-day period, Vantage will be entitled to investigate the asserted error or unauthorized transaction. Vantage will advise Merchant of the results of our investigation and if Vantage has made an error, Vantage will correct it promptly. However, Vantage reserves the right, in its sole discretion, to take up to 90 days to investigate your complaint or question (95 days for transactions at a point of sale terminal or outside the United States). Should Vantage elect to extend the time it takes to investigate your complaint or qu...
Merchant Obligations. (1) Merchant shall provide a valid, working administrative email address on enrolment. Any changes to Merchant’s account must be made via the administrative email address provided upon enrolment. The security of Merchant’s account is dependent in part upon Merchant maintaining the security of such administrative email address. Merchant shall be fully and solely responsible for any unauthorized changes to Xxxxxxxx’s account via this email address. (2) Merchant will be given an ID code and password to allow Merchant to have access to Gateway Services. Merchant shall be fully and solely responsible for the establishment and maintenance of procedures to insure the control and confidentiality of identification codes and passwords and other access procedures (“Codes”). FAILURE TO PROTECT THE CODES MAY ALLOW UNAUTHORIZED PARTIES TO ACCESS THE GATEWAY SERVICES. 12.10. Unauthorized Access Risk Mitigation. Merchant is required to put in place internal procedures to limit the risk of unauthorized access to the gateway services, including, but not limited to (a) changing the password at least once every 120 calendar days; (b) keeping every identification code under secure conditions; and (c) not keeping, in any form or in any place, any list of passwords. Xxxxxxxx agrees to comply with any access or identification procedures and security protocols established from time to time by ISO, and if Xxxxxxxx believes that any Code or security procedures has or may have become known by an unauthorized person (whether employed by Merchant or not), Merchant shall immediately notify ISO by telephone and confirm to ISO in writing such oral notification within 24 hours.
Merchant Obligations. (a) Unless otherwise authorized by Servicers, Merchant shall utilize Servicers’ compatible terminals, PIN pads or systems capable of processing all Automatic Clearing House (ACH) Debit Card transactions as well as online Debit Card transactions. (b) In connection with Debit Card transactions, Merchant shall comply with all Rules of the applicable Payment Network. (c) Merchant shall be responsible for all paper copies of Debit Card transactions, in accordance with the applicable Payment Network rules. Within one (1) business day of the day of the Debit Card transaction, Merchant shall balance each location to the system for each business day that such location is open. (d) Merchant shall be responsible for all telephone message unit costs, if any, which may be incurred by Merchant for the Debit Card services as well as expenses related to installation of and training in the use of terminals. (e) Merchant shall be responsible for entering data correctly. If an entry is made incorrectly, Servicers shall use their reasonable efforts to assist Merchant in correcting the entry, but cannot guarantee that the effort will be successful.
Merchant Obligations. (a) The Merchant agrees to provide the Acquirer with a copy of the Merchant's valid and effective business license and certificate of incorporation (if applicable) and relevant background information upon the Acquirer's reasonable request. (b) The Merchant warrants, represents and certifies that all information contained in this Agreement supplied by the Merchant and any other documentation submitted in support of this Agreement (including, among others, a copy of the Merchant business license and certificate of incorporation (if applicable)), are complete, true and correct. (c) The Merchant shall be responsible to ensure it will properly use PayPlus transaction management system provided by PayPlus and shall ensure its system meets the software requirements and service processes provided by PayPlus with respect to order handling and goods delivery or service provision, which may be updated from time to time. In particular, the Merchant shall ensure it facilitates the provision of the PayPlus Services at its own costs through keeping the relevant software and hardware in a good operational condition and appropriately links to PayPlus software system. (d) The Merchant shall ensure that the logo of “WeChat Pay”, “AliPay” and “PayPlus” shall be displayed in parity with all other forms of payment supported by the Merchant on the Merchant’s Platform where forms of payment are featured for the purchase of good and/or services. The Merchant shall ensure that WeChat Pay and AliPay are identified as prominently as other payment forms via physical placement on Merchant’s Platform. (e) The Merchant shall ensure that WeChat Pay and AliPay’s logo and content must be used only for the purpose of indicating acceptance of WeChat Pay and AliPay by the Merchant as a form of payment, unless otherwise authorized by WeChat Pay or AliPay. The Merchant shall present a truthful description of WeChat Pay or AliPay services in accordance with WeChat Pay or AliPay’s guidance and introduction, and direct WeChat Pay Users and AliPay Users to access WeChat Pay's or AliPay’s Platform through the Merchant’s Platform to submit service applications. (f) The Merchant agrees to grant to WeChat Pay and AliPay a non-exclusive, non-transferable, royalty-free license to use, reproduce, publish, distribute and transmit any marketing materials, proprietary indicia or other similar items containing the Merchant’s Intellectual Property necessary for WeChat Pay and AliPay to perform its obligations i...
Merchant Obligations. 3.1. MERCHANT will notify NT immediately – at least thirty (30) Business Days’ in advance by a written notice prior to the effectiveness of the change – of any relevant changes, including, but not limited to legal representative(s), bank account (for settlement), website/online shop URL, major ownership (10 % or more), key geographical markets, financial standing, type, scope or nature of business, change of business name or entering into a joint venture or joint marketing agreement or any other information provided in the application and the KYC Process. 3.2. MERCHANT shall: 3.2.1. provide NT with any information necessary to provide the Services and respond promptly, at least within five (5) Business Days, to requests of NT to provide direction, information, approvals, authorizations or decisions that NT deems necessary to perform the Services; 3.2.2. assist NT with the implementation and performance of the Services, if necessary; 3.2.3. implement adequate security measures to prevent its programs from damage including data (re-) storage; 3.2.4. not forward its access data (User ID, password) for the Services to any third parties. MERCHANT acknowledges that, for security reasons, ghost names and pseudonyms cannot be used; 3.2.5. inform NT immediately, if an employee or any other person, who was given access to the Services, resigns. NT will close this access for security reasons; and 3.2.6. notify NT immediately of any unauthorised use of the Account, password or any other breach of security. If NT is unable to perform the Services for any reasons beyond the control of NT which are caused by MERCHANT, NT shall not be held responsible in any way. 3.3. While using the Services, MERCHANT undertakes 3.3.1. to provide such necessary information to its customers as required pursuant to Applicable Laws; 3.3.2. not to sell any goods or offer services prohibited pursuant to Applicable Laws; 3.3.3. to comply with the Association Rules; 3.3.4. to comply with applicable European and/or national data protection laws; 3.3.5. to perform its obligations toward its customers, including the assumption of responsibility for the acceptance of a Customer order and its fulfilment, in the agreed manner; 3.3.6. to determine any and all taxes assessed, incurred or required to be collected, paid or withheld for any reason in connection to the use of Services, it is the sole responsibility of the MERCHANT to collect, withhold, report and remit correct taxes to the appropriate ta a...
Merchant Obligations a. You will not: i. provide cash to Users in exchange for Celbux Vouchers presented, other than in respect of Cash Withdrawal Celbux Vouchers; or ii. charge a User who presents a Celbux Voucher as tender for payment for a Purchase Transaction, any fee or commission or other form of consideration for accepting the Celbux Voucher. b. You will be obliged: i. to take all reasonable measures to detect and prevent any abuse or circumvention of the terms of this Agreement and the use of the Service other than in the manner intended; and ii. at Celbux’s written request, to clearly display acceptance of Celbux Vouchers (in such format as Celbux may, acting reasonably, approve in writing from time to time) as valid tender for goods and services at the Merchant.
Merchant Obligations. (1) Merchant shall provide a valid, working administrative email address on enrolment. Any changes to Merchant’s account must be made via the administrative email address provided upon enrolment. The security of Merchant’s account is dependent in part upon Merchant maintaining the security of such administrative email address. Merchant shall be fully and solely responsible for any unauthorized changes to Xxxxxxxx’s account via this email address. (2) Merchant will be given an ID code and password to allow Merchant to have access to Gateway Services. Merchant shall be fully and solely responsible for the establishment and maintenance of procedures to insure the control and confidentiality of identification codes and passwords and other access procedures (“Codes”). FAILURE TO PROTECT THE CODES MAY ALLOW UNAUTHORIZED PARTIES TO ACCESS THE GATEWAY SERVICES. Merchant is required to put in place internal procedures to limit such risk, including, but not limited to (a) changing the password at least once every 120 calendar days;