Common use of Merchant agrees Clause in Contracts

Merchant agrees. (a) to follow the prevailing Acceptance Quick Guide and such other guidelines from time to time issued by Allinpay in force, which is incorporated into and form part of this Agreement; (b) to be bound by the operating regulations and rules of each of the Card Associations and other relative associations, including without limitation any rules and regulations related to cardholder and transaction information security, such as Payment Card Industry (PCI) Data Security Standards, and Cardholder Information Security Program and Site Data Protection Program issued by each of the Card Associations. (c) Merchants shall not disclose cardholder account information to any third party, except when such disclosure is necessary to complete a transaction or is required by law. (d) The Merchant shall ensure that its disposal procedure of data and information shall be secure and all information contained in materials to be disposed shall be unreadable. (e) The merchant shall in no event retain or store Card Verification Value 2 (CVV2) data subsequent to the authorization of a transaction. (f) Merchants (and their third-party agents) shall in no event retain full-track magnetic-stripe data subsequent to authorization. (g) Merchants shall be prohibited from setting minimum or maximum transaction amounts as a condition of honoring cards or wallet. (h) Merchants shall in no event impose surcharges on transactions, except that such surcharges are required under local laws. (i) Merchants shall in no event use their own merchant accounts for personal credit card / QRC transactions. In particular, Merchants shall in no event apply the cards or virtual wallets to withdraw cash.

Merchant agrees. (a) to follow the prevailing Acceptance Quick Guide and such other guidelines from time to time issued by Allinpay in force, which is incorporated into and form part of this Agreement; (b) to be bound by the operating regulations and rules of each of the Card Associations and other relative associations, including without limitation any rules and regulations related to cardholder and transaction information security, such as Payment Card Industry (PCI) Data Security Standards, and Cardholder Information Security Program and Site Data Protection Program issued by each of the Card Associations. (c) Merchants shall not disclose cardholder account information to any third party, except when such disclosure is necessary to complete a transaction or is required by law. (d) The Merchant shall ensure that its disposal procedure of data and information shall be secure and all information contained in materials to be disposed shall be unreadable. (e) The merchant shall in no event retain or store Card Verification Value 2 (CVV2) data subsequent to the authorization of a transaction. (f) Merchants (and their third-third party agents) shall in no event retain full-track magnetic-stripe data subsequent to authorization. (g) Merchants shall be prohibited from setting minimum or maximum transaction amounts as a condition of honoring cards or wallet. (h) Merchants shall in no event impose surcharges on transactions, except that such surcharges are required under local laws. (i) Merchants shall in no event use their own merchant accounts for personal credit card / QRC transactions. In particular, Merchants shall in no event apply the cards or virtual wallets to withdraw cash.