Computop Paygate definition
Examples of Computop Paygate in a sentence
Company acknowledges that Computop Wirtschaftsinformatik GmbH provides the Computop Paygate and certain other Services on behalf of Computop Limited acting as its subcontractor.
Depending on the provisions of the underlying main contract or the underlying main contracts, the Controller is using the Computop Paygate, a payment platform for secure payment transaction handling, developed and operated by the Processor, which the Controller provides to his customers as an authorised partner - possibly also with an own branding (so-called white label solution) or provides it – if contractually permitted – to affiliated companies for shared use.
Computop uses commercially reasonable efforts to maintain monthly availability of the Computop Paygate at 99%, subject to the exceptions set forth in Sections 9.2 and 9.3 (“Monthly Availability”).
For in-house developed applications (such as, in particular, the Computop Paygate), in addition, criteria for secure development are being specified.
The Processor’s obligation to support the Controller in these circumstances is limited to providing information which the Controller needs and which are not known to him or which he does not have access to himself (e.g. through having access to the Computop Paygate).
The transmission of personal data from the Computop Paygate via public networks (in particular between the Computop Paygate and the Controllers connected to it or between the Computop Paygate and partners, financial institutions or acquirers) is entirely being encrypted.