Common use of Transmission to Planet Payment Clause in Contracts

Transmission to Planet Payment. All Transactions of Acquirer Merchants which it is agreed that Planet Payment will process, shall be transmitted by the Acquirer, or a VAR (on behalf of the Acquirer Merchant or Acquirer), to the Planet Payment Platform, in mutually agreed formats. Such VAR shall be responsible for transmission of data and documents to the Planet Payment Platform for processing hereunder and Planet Payment shall not be responsible for any losses resulting from transmission or other failures, as a result of data not being received, or as a result of data being received in corrupted form or incorrect format by the Planet Payment Platform. Specific Transactions of Acquirer Merchants which are independently processed by a VAR without involvement of Acquirer such as ecommerce payment gateway transactions and which it is agreed that Planet Payment will process, shall be transmitted by VAR (on behalf of the Acquirer Merchant or Acquirer) to the Planet Payment Platform in mutually agreed formats.