Common use of Your Security Requirements Clause in Contracts

Your Security Requirements. You are responsible for keeping your Mobile Payment Services login, PIN, and Passcode private and secure. After enrolling in the Mobile Payment Services, you will secure your Electronic Device(s) with the same care you would your Password, PIN and Passcode in order to avoid unauthorized use of your Account(s). You are also responsible for properly maintaining the security of your Electronic Device at all times, including keeping it up to date with the latest operating system software and security patches. • You are responsible for any loss or damages incurred as a result of your use of the Mobile Payment Services on an Electronic Device that has had its security or integrity compromised. Except as otherwise set out in this Agreement, you will be responsible for all Transactions carried out using your Electronic Device regardless of whether the credentials used were yours or those of another person. • If your Electronic Device is lost or stolen, your login and credentials are compromised, there is a problem with a Debit Card or Mobile Payment Transaction, or if you believe there is an error on your Account or you suspect fraud, you agree to immediately notify us. In such case, the Debit Card may be cancelled, the Mobile Payment Services may be suspended, or your Passcode changed, and we will be liable to you for direct losses to your Account(s) that occur through the Mobile Payment Services after you provide us with notice as contemplated above, so long as you agree to cooperate and assist us fully in any related investigation and so long as it is shown that you did not knowingly contribute to the problem or unauthorized Transaction and that you took reasonable steps to protect the confidentiality of your PIN or Passcode. • If you intend to sell, give away or dispose of your Electronic Device, you should first delete the Credit Union Mobile Payment/Mobile Service application from your Electronic Device.

Appears in 7 contracts

Samples: Electronic Services Agreement, Electronic Services Agreement, Electronic Services Agreement

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Your Security Requirements. You are responsible for keeping your Mobile Payment Services login, PIN, and Passcode private and secure. After enrolling in the Mobile Payment Services, you will secure your Electronic Device(s) with the same care you would your Password, PIN and Passcode in order to avoid unauthorized use of your Account(s). You are also responsible for properly maintaining the security of your Electronic Device at all times, including keeping it up to date with the latest operating system software and security patches. You are responsible for any loss or damages incurred as a result of your use of the Mobile Payment Services on an Electronic Device that has had its security or integrity compromised. Except as otherwise set out in this Agreement, you will be responsible for all Transactions carried out using your Electronic Device regardless of whether the credentials used were yours or those of another person. If your Electronic Device is lost or stolen, your login and credentials are compromised, there is a problem with a Debit Card or Mobile Payment Transaction, or if you believe there is an error on your Account or you suspect fraud, you agree to immediately notify us. In such case, the Debit Card may be cancelled, the Mobile Payment Services may be suspended, or your Passcode changed, and we will be liable to you for direct losses to your Account(s) that occur through the Mobile Payment Services after you provide us with notice as contemplated above, so long as you agree to cooperate and assist us fully in any related investigation and so long as it is shown that you did not knowingly contribute to the problem or unauthorized Transaction and that you took reasonable steps to protect the confidentiality of your PIN or Passcode. If you intend to sell, give away or dispose of your Electronic Device, you should first delete the Credit Union Mobile Payment/Mobile Service application from your Electronic Device.

Appears in 2 contracts

Samples: Electronic Services Agreement, Electronic Services Agreement

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