While merchant agreements generally apply to sellers of goods or services, they can also be addressed to foundations and non-profit organizations. Grouped services. In addition to the above terms, if you purchase services sold together as part of a bundled package of services, any termination of such a package will terminate all PayPal services included in that package. In such cases, we may allow you, at our sole discretion and subject to your agreement, to be bound by the applicable agreements and to pay the costs incurred, to transform certain services into independent services. Regardless of the above, the termination of the services will terminate all complementary services. In most cases, these banks have a responsibility to facilitate every aspect of the electronic transaction process. Commercial banks also often serve as credit card providers for both open-loop and closed-loop trading cards. 5.4 Data portability. At the end or expiry of this agreement, PayPal agrees, at the merchant`s written request, to make available to the merchant`s new acquiring bank or payment service provider (“data recipient”) all available credit card information, including personal data relating to the merchant`s customers (“card information”). To do so, the distributor must provide PayPal all requested information, including proof that the data recipient complies with the Association`s PCI DSS requirements and is compliant with the PKI.
PayPal undertakes to: transfer the card information to the recipient as long as the following information is accurate: a) the distributor provides PayPal proof that the recipient meets the Association`s PCI LSS requirements (level 1 in accordance with PKI) by providing PayPal a certificate or report on compliance with the Association`s PCI-DS requirements to a qualified supplier and any other information that is reasonably requested by PayPal PayPal; (b) the transfer of this information is in line with the most recent version of the Association`s PCI-DSS requirements; and (c) the transfer of this information is authorized by the applicable association rules and by all applicable laws, rules or regulations (including data protection laws and the Data Protection Act 1988). Dealer agreements state extensive rules, including the following requirements: only authorized merchants, as defined in registering fraud protection services and/or user documentation, have the right to use fraud protection services. Merchants agree to comply with the following conditions applicable to specific fraud protection services and/or account monitoring services that have been granted by the merchant: a dealer contract is a contract that governs the relationship between a company and the dealer bank with which it is a partner. This document describes all the electronic payment services that the merchant who buys the bank is willing to provide. Distributors here matter that prior to dealing with recurring transactions with Payflow Recurring Billing Service, merchants have written agreements with their cardholders (1) that confirm the card number and the current expiry date; (2) to have an overview of how the periodic billing service works; (3) indicating the duration of the contract, including the duration of the count and the frequency with which the card is debited. The bank will return the reserve account balance to the ATM after the bank and the loan reasonably conclude that the risk of repayment and other charges has expired and after deducting all amounts earned by the bank and lender under this trader agreement or other agreement.