Common use of Risk Monitoring Clause in Contracts

Risk Monitoring. The Planet Payment Platform shall monitor all transaction activity and shall initiate reporting on suspicious transaction activity when certain types of parameters, which are designated by Acquirer within the mutually agreed upon framework, are triggered. Planet Payment shall provide such reporting to Acquirer at intervals reasonably designated by Acquirer and shall contain such detail as reasonably specified by Acquirer.

Risk Monitoring. The Planet Payment Platform shall monitor all transaction activity and shall initiate reporting on suspicious transaction activity when certain types of parameters, which are designated by Acquirer GPPC within the mutually agreed upon framework, are triggered. Planet Payment shall provide such reporting to Acquirer at intervals reasonably designated by Acquirer GPPC and shall contain such detail as reasonably specified by AcquirerGPPC.