Common use of Secure storage and disposal of Card Data Clause in Contracts

Secure storage and disposal of Card Data. You agree to: a. establish and maintain sufficient controls for limiting access to all records containing Card Data; b. not sell or disclose to a third party any Card Data or any information obtained in connection with a Card Transaction; c. keep no Card Data on paper or in portable digital storage devices such as USB memory devices or removable disks; d. not reproduce any electronically captured signature of a cardholder except on PayPal’s specific request; and e. destroy Card Data either by destroying the medium on which the Card Data are stored or by erasing or rendering the Card Data completely and irreversibly unintelligible and meaningless. If you transfer your business, Card Data and any information you have about Card Transactions is not transferable under Card Association rules as an asset of the business. In such cases, you agree to provide the Card Data and any transactional data to PayPal if it requests. If PayPal does not request such data, you must destroy it when your business transfers.

Secure storage and disposal of Card Data. You agree to: a. establish and maintain sufficient controls for limiting access to all records containing Card Data; b. not sell or disclose to a third party any Card Data or any information obtained in connection with a Card Transaction; c. keep no Card Data on paper or in portable digital storage devices such as USB memory devices or removable disks; d. not reproduce any electronically captured signature of a cardholder except on PayPal’s specific request; and e. destroy Card Data either by destroying the medium on which the Card Data are stored or by erasing or rendering the Card Data completely and irreversibly unintelligible and meaningless. If you transfer your business, Card Data and any information you have about Card Transactions is not transferable under Card Association rules as an asset of the business. In such cases, you agree to provide the Card Data and any transactional data to PayPal if it requests. If PayPal does not request such data, you must destroy it when your business transfers. 1. How the Fraud Tool works