Examples of Card Association Rules in a sentence
Once established, unless Processor determines otherwise at its sole discretion, the Reserve Account will remain in place for 180 days and a reasonable period thereafter during which Cardholder disputes may remain valid under applicable Card Association Rules following termination or expiration of the Merchant Agreement.
Processor, its internal and external auditors, and its regulators may audit compliance with (i) the Merchant Agreement, (ii) all applicable laws(iii) Data Privacy Requirements, (iv) Card Association Rules and regulations and (v) guidance applicable to the services, Card acceptance, Transaction processing, and data security provisions hereof.
Subject to any provision of the Card Association Rules to the contrary, Merchant may not require any Cardholder to pay any part of any discount rate or other charge imposed upon Merchant by the Merchant Agreement.
Merchant may not store in any system or in any manner Card read data, including without limitation CVV2/CVC2 data, PIN data, address verification data or any other information prohibited by Card Association Rules and/or Data Privacy Requirements.
Merchant will accept all valid Cards when properly presented by Cardholders in payment for goods or services, subject to applicable Card Association Rules requiring Merchant to elect whether to accept credit only, debit only or both debit and credit Cards.
The Merchant Agreement is subject to amendment required to conform with Card Association regulations, as amended from time to time, and Merchant expressly acknowledges that any election by Processor regarding means to comply with either Card Association Rules or applicable laws or regulations will not diminish or otherwise impact any of Processor’s rights hereunder.
Merchant will accept all valid Cards when properly presented by Cardholders in payment for goods or services, subject to applicable Card Association Rules requiring Merchant to elect whether to accept credit only, debit only or both debit and credit Cards .
The Merchant Agreement is subject to amendment, in particular, but not limitedto conform with Card Association regulations, as amended from time to time, and Merchant expressly acknowledges that any election by Processor whether it be regarding means to comply with either Card Association Rules, applicable laws ,regulations or otherwise, will not diminish or otherwise impact any of Processor’s rights hereunder.
The Merchant Agreement is subject to amendment, in particular, but not limited to conform with Card Association regulations, as amended from time to time, and Merchant expressly acknowledges that any election by Processor whether it be regarding means to comply with either Card Association Rules, applicable laws ,regulations or otherwise, will not diminish or otherwise impact any of Processor’s rights hereunder.