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Commercial Entity Agreement
<br />littps://squat-eup.com/legal/cea
<br />system). Without limiting the foregoing, such information tnay include a the Card account number and
<br />expiration date, the Customer's name or date of birth, PIN data, security code data (such as CVV2 and
<br />CVC2) and any data read, scanned, imprinted, or otherwise obtained from the Card, whether printed thereon,
<br />or magnetically, electronically or otherwise stored thereon.
<br />"Chargeback" is a reversal of a Transaction you previously presented to Paymentech pursuant to Card Brand
<br />Rules.
<br />"Customer" is the person or entity to whom a Card is issued or who is otherwise authorized to use a Card.
<br />"Member" is .IPMorgan Chase Bank, N.A. or other entity providing sponsorship to Payinentech as required
<br />by all applicable Card Brand. Member is a principal party to this Agreement and your acceptance of Card
<br />Brand products is extended by the Member.
<br />"Paymentech", "we", "our", and "us" is Paymentech, LLC, a Delaware limited liability company, having its
<br />principal office at 14221 Dallas Parkway, Dallas, Texas 75254.
<br />"Security Standards" are all rules, regulations, standards or guidelines adopted or required by the Card
<br />Brands or the Payment Card Industry Security Standards Council relating to privacy, data security and the
<br />safeguarding, disclosure and handling of Card Information, including but not limited to the Payment Card
<br />Industry Data Security Standards ("PCI DSS"), Visa's Cardholder Information Security Program ("CISP"),
<br />Discover's Information Security & Compliance Program, American Express's Data Security Operating
<br />Policy, MasterCard's Site Data Protection Program ("SDP"), Visa's Payment Application Best Practices
<br />("PABP"), the Payment Card Industry's Payment Application Data Security Standard ("PA DSS"),
<br />MasterCard's POS "Terminal Security program and the Payment Card Industry PIN Entry Device Standard, in
<br />each case as they may be amended from time to time.
<br />"Seller", "you", and "your" is the Seller identified in the Application.
<br />"Transaction" is a transaction conducted between a Customer and Seller utilizing a Card in which
<br />consideration is exchanged between the Customer and Seller.
<br />"Transaction Data" is the written or electronic record of a Transaction, including but not limited to an
<br />authorization code or settlement record.
<br />Commercial Entity Agreement With Wells Fargo
<br />This Commercial Entity Agreement (this "Agreement") is provided to all users of the Square, Inc. ("Square")
<br />mobile application, card reader devices, and payments service (collectively, the "Square Service") for the
<br />acceptance of card payments that are "Commercial Entities" as defined by Visa, Inc. and MasterCard
<br />International, Inc. (collectively, the "Card Brands"), As such an entity, the seller signing or electronically
<br />agreeing to the terms hereof ("Seller" or "you") is entering into this Agreement with Wells Fargo Bank, N.A.
<br />(the "Member"), and Wells Fargo Merchant Services, L.L.C. ("WFMS"), to govern the authorization,
<br />conveyance and settlement of Transactions utilizing the Square Service. By entering into this Agreement
<br />Seller is fulfilling the Card Brand Rules requiring a direct contractual relationship between the Member and
<br />Seller, and Seller is agreeing to comply with Card Brand Rules as they pertain to payments Seller receives
<br />through the Square Service. Wl~MS shall be a third -parry beneficiary of, and may enforce any provisions of,
<br />or cease providing card processing services under, the Seller Agreement ("Seller Agreement"). Square is a
<br />registered Payment Facilitator of Wells Fargo Bank, N.A., Concord, California.
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