Common use of Planet Payment Platform Clause in Contracts

Planet Payment Platform. (a) Authorization Host The Acquirer Merchants and certain VARs will utilize the Planet Payment Platform in order to facilitate the authorization of DCC Transactions and to route DCC Transactions to Planet Payment for settlement under the Program. It is understood that the Planet Payment’s authorization host is a component of the Planet Payment Platform and, as such, the software, technology and processes comprising the Planet Payment authorization host are proprietary to Planet Payment. Acquirer acknowledges and agrees that for load balancing, back¬up or redundancy purposes their traffic may be moved to different Planet Payment sites for authorizations or clearing, provided that the service is not affected. Planet Payment represents and warrants that all sites and Transaction re-routing are operated in accordance with the applicable Account Security Program.

Planet Payment Platform. (a) Authorization Host The Acquirer Merchants and certain VARs will utilize the Planet Payment Platform in order to facilitate the authorization of DCC Transactions and to route DCC Transactions to Planet Payment for settlement under the Program. It is understood that the Planet Payment’s authorization host is a component of the Planet Payment Platform and, as such, the software, technology and processes comprising the Planet Payment authorization host are proprietary to Planet Payment. Acquirer GPPC acknowledges and agrees that for load balancing, back¬up back-up or redundancy purposes their traffic may be moved to different Planet Payment sites for authorizations or clearing, provided that the service is not affected. Planet Payment represents and warrants that all sites and Transaction re-routing are operated in accordance with the applicable Account Security Program.