PCI DSS audit Sample Clauses
PCI DSS audit. If PayPal so requests, you agree that a Qualified Security Assessor may conduct a security audit of your systems, controls and facilities and issue a report to PayPal and the Associations. You agree to cooperate fully in the conduct of this audit, and to provide any information and access to your systems required by the auditor for the performance of the audit. You also agree to bear the reasonable expenses of this audit. If you fail to initiate such an audit after PayPal requests you to do so, you authorize PayPal to take such action at the Merchant’s expense, or PayPal may immediately suspend your use of your Product. You will receive a copy of the audit report, and PayPal must also receive a copy and provide a copy to any Acquiring Institution or Card Association that requests a copy.
1. How the Fraud Tool works
PCI DSS audit. If PayPal so requests, you agree that a Qualified Security Assessor may conduct a security audit of your systems, controls and facilities and issue a report to PayPal and the Associations. You agree to cooperate fully in the conduct of this audit, and to provide any information and access to your systems required by the auditor for the performance of the audit. You also agree to bear the reasonable expenses of this audit. If you fail to initiate such an audit after PayPal requests you to do so, you authorise PayPal to take such action at the Merchant’s expense, or PayPal may immediately suspend your use of your Product. You will receive a copy of the audit report, and PayPal must also receive a copy and provide a copy to any Acquiring Institution or Card Association that requests a copy. This Data Protection Schedule applies only to the extent that PayPal acts as a processor or Sub-processor to Merchant. Capitalized terms used but not defined in this Schedule shall have the meaning set out in the Agreement.
PCI DSS audit. If PayPal so requests, you agree that a Qualified Security Assessor may conduct a security audit of your systems, controls and facilities and issue a report to PayPal and the Associations. You agree to cooperate fully in the conduct of this audit, and to provide any information and access to your systems required by the auditor for the performance of the audit. You also agree to bear the reasonable expenses of this audit. If you fail to initiate such an audit after PayPal requests you to do so, you authorise PayPal to take such action at the Merchant’s expense, or PayPal may immediately suspend your use of your Product. You will receive a copy of the audit report, and PayPal must also receive a copy and provide a copy to any Acquiring Institution or Card Association that requests a copy. Schedule 2 Terms of use of Fraud Protection Tools (“Fraud Tools”)
1. How the Fraud Tools work The Fraud Tools are made available to you as fraudulent transaction management tools to help you screen potentially fraudulent transactions based on the settings you adopt in the Fraud Tools. The tools allow you to set filter rules, i.e. to instruct us about which transactions the tool shall decline on your behalf based on abstract criteria. We may provide suggestions or recommendations regarding what filters and settings in the Fraud Tool to use that may be appropriate for your business. These suggestions take into account your past transaction history. It is your responsibility to set the filter rules. Please note: If you set these filter rules too restrictively, you might lose sales volume. We advise you to monitor your filter rules and settings on an ongoing basis.
PCI DSS audit. If PayPal so requests, you agree that a Qualified Security Assessor may conduct a security audit of your systems, controls and facilities and issue a report to PayPal and the Associations. You agree to cooperate fully in the conduct of this audit, and to provide any information and access to your systems required by the auditor for the performance of the
PCI DSS audit. (i) The Company shall have delivered to Purchaser a duly completed PCI DSS Self-Assessment Questionnaire and Attestation of Compliance in the form attached hereto as Exhibit J (the “PCI DSS SAQ”), (ii) the Company shall not have answered “no” to any of the questions in the Self-Assessment Questionnaire included in the PCI DSS SAQ, which, for the avoidance of doubt, includes only requirements 9 and 12 of the PCI DSS SAQ, (iii) the Company shall have delivered a certificate executed on behalf of the Company by an officer of the Company representing and warranting to Purchaser that the PCI DSS SAQ is true and correct as of the Closing Date, and (iv) Purchaser shall have verified that the Company’s answers in the PCI DSS SAQ are true and correct.
PCI DSS audit. If PayPal so requests, you agree that a Qualified Security Assessor may conduct a security audit of your systems, controls and facilities and issue a report to PayPal and the Associations. You agree to cooperate fully in the conduct of this audit, and to provide any information and access to your systems required by the auditor for the performance of the audit. You also agree to bear the reasonable expenses of this audit. If you fail to initiate such an audit after PayPal requests you to do so, you authorise PayPal to take such action at the Merchant’s expense, or PayPal may immediately suspend your use of your Product. You will receive a copy of the audit report, and PayPal must also receive a copy and provide a copy to any Acquiring Institution or Card Association that requests a copy. Updated PayPal Website Payments Pro and Virtual Terminal Agreement This PayPal Website Payments Pro / Virtual Terminal Agreement ("Agreement") is a contract between you (also referred to as the “Merchant”) and PayPal (Europe) S.àr.l. et Cie, S.C.A. ("PayPal" or "we"). You agree that any use by you of Online Card Payment Services shall constitute your acceptance of this Agreement and we recommend that you store or print-off a copy of this Agreement. PayPal is licensed as a Luxembourg credit institution and is under the prudential supervision of the Luxembourg supervisory authority, the Commission de Surveillance du Secteur Financier (the "CSSF"). The CSSF has its registered office in L-1150 Luxembourg. Because the funds in your PayPal Account are electronic money, which does not legally qualify as a deposit or an investment service, you are not protected by the Luxembourg deposit guarantee schemes provided by the Association pour la Garantie des Dépôts Luxembourg. This Agreement applies to your use of PayPal Website Payments Pro and/or Virtual Terminal (the "Products"). To proceed with obtaining one or both of the Products, you must read, agree with and accept all of the terms and conditions contained in this Agreement. We may make Changes to this Agreement by giving notice of such Change by posting a revised version of this Agreement on the PayPal website(s). A Change will be made unilaterally by us and you will be deemed to have accepted the Change after you have received notice of it. We will give you 2 months' notice of any Change with the Change taking effect once the 2 month notice period has passed, except the 2 month notice period will not apply where a Change relat...
