Common use of PCI Acknowledgment Clause in Contracts

PCI Acknowledgment. Third Party Vendor acknowledges to OSU that it is responsible for (i) the security of cardholder data that it possesses or otherwise stores, processes or transmits on behalf of OSU, or to the extent that it could impact the security of OSU’s cardholder data environment; (ii) providing all cardholder data payment processing services for every Merchant Account for which it is processing such payments; and (iii) managing and maintaining all PCI DSS requirements. Third Party Vendor shall at all times comply with PCI DSS.

PCI Acknowledgment. Third Party Vendor acknowledges to OSU that it Third Party Vendor is responsible for (i) the security of cardholder data that it possesses or otherwise stores, processes or transmits on behalf of OSU, or to the extent that it could impact the security of OSU’s cardholder data environment; (ii) providing all cardholder data payment processing services for every Merchant Account for which it is processing such payments; and (iii) managing and maintaining all PCI DSS requirements. Third Party Vendor shall at all times comply with PCI DSS.

PCI Acknowledgment. Third Party Vendor acknowledges to OSU that it is responsible for (i) the security of cardholder data that it possesses or otherwise stores, processes or transmits on behalf of OSU, or to the extent that it could impact the security of OSU’s cardholder data environment; (ii) providing all cardholder data payment processing services for every Merchant Account for which it is processing such payments; and (iii) managing and maintaining all PCI DSS requirements. Third Party Vendor shall at all times comply with the applicable Payment Card Industry (PCI) Data Security Standards (“PCI DSS”) requirements as then in effect.