Internet Transactions definition
Examples of Internet Transactions in a sentence
Retailer and Bank agree to cooperate in a commercially reasonable manner by committing systems and other resources, and by providing information with respect to the development, establishment and implementation of fraud mitigation strategies in connection with Internet Transactions.
If You have indicated on the Application that You will be submitting Internet Transactions, You acknowledge that You have received and fully reviewed a copy of the CISP, PCI-DSS, SDP, DISC and other manuals related to the Data Security Regulations.
The Bank may at its sole discretion decline certain Internet Transactions by you in order to protect you from unauthorised and illegal use of account information by any person.
All Internet Transactions will be settled by Bank into a depository institution of the United States in U.S. currency.
You agree that Internet Transactions are high risk and subject to a higher incidence of Chargebacks.
All communication costs related to Internet Transactions will be your sole responsibility.
You are solely and fully liable for all Chargebacks and claims, causes of action, liabilities, and losses arising out of or relation to Internet Transactions, whether or not: (i) Internet Transactions have been encrypted; or (ii) You have obtained written consent from Processor to engage in such transactions.
All Internet Transactions must comply with all applicable Data Security Standards.
Telephone Transactions are for a single payment and Internet Transactions may be single or recurring payments.
If you obtain such written consent, You shall not process Internet Transactions unless the transactions have been encrypted by a third party vendor acceptable to Processor, in Processor’s sole and absolute discretion.