Common use of Skimming Clause in Contracts

Skimming. 2.1.3.1. The Merchant is responsible for ensuring that the payment terminals are protected against unau- thorised use, including the installation of skimming equipment. 2.1.3.2. Merchants that use Cardholder-Activated Terminals must inspect them at least once a day in order to ensure that the payment terminals have not been tampered with. Nets may require that the Merchant install anti-skimming equipment and/or camera surveillance in cases where Nets deems that there is a risk of skimming and/or “money traps”. If the Merchant’s payment terminals are skimmed, Nets may request the Merchant to inspect the payment terminals more often.

Appears in 3 contracts

Samples: Acquiring Agreement, Acquiring Agreement, Acquiring Agreement

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Skimming. 2.1.3.1. The Merchant is responsible for ensuring that the payment terminals are protected against unau- thorised unauthorised use, including the installation of skimming equipment. 2.1.3.2. Merchants that use Cardholder-Activated Terminals must inspect them at least once a day in order to ensure that the payment terminals have not been tampered with. Nets may require that the Merchant install in- stall anti-skimming equipment and/or camera surveillance surveil- xxxxx in cases where Nets deems that there is a risk of skimming and/or “money traps”. If the Merchant’s payment terminals are skimmed, Nets may request the Merchant to inspect the payment terminals more often.

Appears in 3 contracts

Samples: Acquiring Agreement, Acquiring Agreement, Acquiring Agreement

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