3D Secure Sample Clauses

The 3D Secure clause establishes the requirement for using an additional authentication step during online payment transactions to enhance security. Typically, this involves the cardholder being redirected to their card issuer’s authentication page to enter a password or a code sent to their phone before the transaction is approved. By mandating 3D Secure, the clause helps prevent unauthorized use of payment cards online, thereby reducing the risk of fraud and increasing trust in electronic transactions.
3D Secure. Requirements of the European Central Bank and PayPal’s bank regulators require use of 3D Secure in certain circumstances, and Card Associations may also require it to reduce an excessive number of Card Transactions unauthorised by the cardholder. PayPal may by notice to you require that you implement 3D Secure for all or certain specified Card Transactions. You agree to implement 3D Secure if required in such a notice, where the issuer of a particular card supports 3D Secure for that card.
3D Secure. Certain transactions may require the use of ‘3D Secure’ or similar robust authentication and verification services. ▇▇▇▇▇▇▇▇ acknowledges and accepts that failure to accept such services may result in rejection of transaction or higher charges being levied by in respect of such transactions, the cost of which may be charged to and deductible from Merchant.
3D Secure. A security procedure that enables a card-issuing bank to authenticate the cardholder authorising a Card Transaction at the time a payment is made. 3D Secure has other brand names depending on the Card Association whose branding appears on the card; brand names for 3D Secure include Verified by Visa and MasterCard SecureCode.
3D Secure. 5.1. All E-commerce and M-Commerce Merchants must be 3D-Secure enrolled 5.2. The Merchant may not process Transactions which do not indicate 3D-Secure authentication or attempted authentication or has been authenticated with AMT 5.3. The Merchant will be held liable for all Losses incurred as a result of Virtual Transactions processed by the Merchant that are not 3D-Secured or AMT Authenticated 5.4. If the 3D-Secure or AMT authentication is successful for enrolled Cards, the Merchant will process the Authorisation in the ordinary course, passing on 3D-Secure authentication data to VPS or the CSP for processing. 5.5. The Merchant indemnifies VPS against any and all Losses and Fraud that may occur as a result of the Merchant or the Merchant’s CSP disabling 3D-Secure. Any and all such losses and instances of Fraudulent or invalid Transactions will be Charged Back to the Merchant.
3D Secure. Requirements of PayPal’s regulators require the use of 3D Secure in certain circumstances, and Card Associations may also require it to reduce an excessive number of Card Transactions unauthorised by the cardholder. PayPal may by notice to you require that you implement 3D Secure for all or certain specified Card Transactions. You agree to implement 3D Secure if required in such a notice, where the issuer of a particular card supports 3D Secure for that card.
3D Secure. A service designed to increase the security of e-commerce transactions for Merchants which support this service, by using a 3D Secure password or Mobile RB Key as required to complete authorisation of the transaction by the Cardholder. Registration for the service usually takes place automatically; however, registration of the Cardholder for the service via the Infoline or on websites when conducting a transaction may be required in some cases. The completed registration for the 3D Secure service is in effect for the term of the Card's validity, or until such moment when the permanent Card Blocking, which may not be cancelled, is performed. The 3D Secure password is made available to the Cardholder via Internet and/or Mobile Banking.The 3D Secure password is sent to the Cardholder to a designated mobile telephone number via SMS, or if the designated mobile telephone number cannot be used, it may be delivered in another manner.

Related to 3D Secure

  • Bid Security 2.1 Bid security, as a guarantee of good faith, in the form of a certified check, cashier's check, or bidder's bond, may be required to be submitted with this bid document, as indicated on the bid. 2.1.1 Bid security, if required, shall be in the amount specified on the bid. The bid security must be scanned and attached to the “Response Attachments” section of your response or it can be faxed to the Purchasing Office at ▇▇▇-▇▇▇-▇▇▇▇. The original bid security should then be sent or delivered to the office of the Purchasing Division, ▇▇▇ ▇. ▇▇▇ ▇▇., ▇▇▇. ▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ to be received within three (3) days of bid closing. 2.1.2 If bid security is not received in the Office of the Purchasing Division as stated above, the vendor may be determined to be non-responsive. 2.2 If alternates are submitted, only one bid security will be required, provided the bid security is based on the amount of the highest gross bid. 2.3 Such bid security will be returned to the unsuccessful Bidders when the award of bid is made. 2.4 Bid security will be returned to the successful Bidder(s) as follows: 2.4.1 For single order bids with specified quantities: upon the delivery of all equipment or merchandise, and upon final acceptance by the Owners. 2.4.2 For all other contracts: upon approval by the Owners of the executed contract and bonds. 2.5 Owners shall have the right to retain the bid security of Bidders to whom an award is being considered until either: 2.5.1 A contract has been executed and bonds have been furnished. 2.5.2 The specified time has elapsed so that the bids may be withdrawn. 2.5.3 All bids have been rejected. 2.6 Bid security will be forfeited to the Owners as full liquidated damages, but not as a penalty, for any of the following reasons, as pertains to this specification document: 2.6.1 If the Bidder fails or refuses to enter into a contract on forms provided by the Owners, and/or if the Bidder fails to provide sufficient bonds or insurance within the time period as established in this specification document.

  • Credit Union Lien and Security Interest To the extent you owe the Credit Union money as a borrower, guarantor, indorser or otherwise, the Credit Union has a lien on any or all of the funds in any account in which you have an ownership interest at the Credit Union, regardless of the source of the funds. The Credit Union may apply these funds in any order to pay off your indebtedness without further notice to you. If the Credit Union chooses not to enforce its lien, the Credit Union does not waive its right to enforce the lien at a later time. In addition, you grant the Credit Union a consensual security interest in your accounts and agree the Credit Union may use the funds from your accounts to pay any debt or amount owed the Credit Union, except obligations secured by your dwelling, unless prohibited by applicable law. All accounts are nonassignable and nontransferable to third parties.

  • Collateral and Security Section 10.01.