Common use of Retention of Data Clause in Contracts

Retention of Data. Merchant acknowledges and agrees that it shall not retain, store, compile or aggregate the results of verification or authentication inquiries received from FORTE except as required by applicable law or to perform its obligations under this Agreement. APPENDIX E ACCOUNT UPDATER SERVICES 1. Description of Services. Participating Visa/MasterCard Issuers submit their account changes to the Account Updater Database. On a monthly basis, ▇▇▇▇▇ will compare all of ▇▇▇▇▇▇▇▇’s recurring tokenized transactions against the Account Updater Database. ▇▇▇▇▇ will then update the tokenized card information on file with updated account information.

Retention of Data. Merchant acknowledges and agrees that it shall not retain, store, compile or aggregate the results of verification or authentication inquiries received from FORTE except as required by applicable law or to perform its obligations under this Agreement. APPENDIX E ACCOUNT UPDATER SERVICES 1. Description of Services. Participating Visa/MasterCard Issuers submit their account changes to the Account Updater Database. On a monthly basis, ▇▇▇▇▇ FORTE will compare all of ▇▇▇▇▇▇▇▇Merchant’s recurring tokenized transactions against the Account Updater Database. ▇▇▇▇▇ FORTE will then update the tokenized card information on file with updated account information.