Cardholder Account definition
Examples of Cardholder Account in a sentence
Merchant may not, in the event of its (and Merchant shall ensure, and by contract provide, that Merchant’s agents/Merchant Servicers shall not, in the event of their or Merchant’s) failure, including bankruptcy, insolvency, or other suspension of business operations, sell, transfer, or disclose any materials that contain Cardholder Account numbers, personal information or Card Transaction information to third parties.
Provide Cardholder Account numbers, personal Cardholder information or Card Transaction information to anyone except Bank, Card Networks, or Merchant’s agents/Merchant Servicers (but only those who have been approved by Bank as required under this Agreement and are properly registered with the Card Networks) for the purpose of assisting Merchant in completing Card Transactions, or as specifically required by law.
Merchant shall render all materials containing Cardholder Account numbers unreadable prior to discarding.