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HomeMy Public PortalAbout2002 Merchant Services Agreement V9-20-01.tifVeriSign Payment Services Merchant Services Agreement V9.20.01 This Merchant Services Agreement (the "Agreement") is entered into as of the date signed by Merchant (as defined herein) in the signature block below (the "Effective Date") by and between VeriSign, Inc. having its principal place of business at 487 East Middlefield Road, Mountain View, California 94043, and the Merchant identified in the signature block at the end of this Agreement ("Merchant"), provided that Merchant does not modify this Agreement in any manner or form. In the event of a modification hereto, such modification shall constitute a counter offer by Merchant to VeriSign and this Agreement shall not become effective as of the date signed by Merchant. 1. DEFINITIONS. 1. "Financial Institution" shall mean one or more of VeriSign's pre -approved banks or financial institutions, which has agreed to evaluate and provide merchant accounts and payment authorization services to merchants. 2. "Services" shall mean the VeriSign's PayflowSM services used by Merchant, current descriptions can be found at the URL: http://www.verisign.com/payment/payflow.html for the Payflow Link services or http://www.verisign.com/payment/payflowpro.html for the Payflow Pro services. 3. "Software" shall mean the object code version of VeriSign's client Software Development Kit ("SDK"), HTML code, application programming interfaces (APIs), related documentation and other client software or code which VeriSign provides to Merchant, including updates, to enable VeriSign to provide the Services to Merchant. Unless otherwise specified, Software shall not include any source code. The Software is proprietary to VeriSign and is licensed to Merchant under a separate SDK License Agreement at the time of download. 4. "Transaction" shall mean information related to the purchase of goods and services from Merchant by a third party. Specifically a Transaction is an authorization, delayed capture, sale or credit data transmission between VeriSign and its back end processors. 2. MERCHANT OBLIGATIONS. A. General Service Requirements. Merchant shall be solely responsible for: 1. The establishment, hosting and maintenance of its Web site(s) and its connection to the Internet (the "Merchant Web Site(s)"), fulfilling all orders for products and services sold by Merchant to its users on the Merchant Web Site(s) or otherwise, including without limitation transmitting Merchant's registration information and Transaction data to VeriSign servers via the VeriSign web site and ensuring that the data transmitted in conjunction with the Services and for enrollment for the Services is accurate, complete and in the form as requested by VeriSign, and is not corrupted due to Merchant's systems. Merchant is also responsible for reviewing the Transactions in its account on a regular basis and notifying VeriSign promptly of suspected unauthorized activity through Merchant account; 2. Displaying a web page to users purchasing products or services from Merchant that provides the user with an acknowledgement that a Transaction has been completed and secured by VeriSign (the "Acknowledgment Page"). Merchant agrees that in addition to Merchant's branding on the Acknowledgement Page, the Acknowledgement Page will include the relevant VeriSign logo, provided by VeriSign to Merchant, such logo to be a hypertext link to the URL: http://seal.verisign.com/payment (the "VeriSign Site") or other web site reasonably designated by VeriSign, and the text "VeriSign has routed, processed and secured your payment information. More information about VeriSign". The underlined text shall also be a hypertext link to the VeriSign Site or other site designated by VeriSign. Merchant agrees that the VeriSign Logo and the foregoing text will appear at the top of the Acknowledgement Page (but below Merchant's branding) and users will not be required to scroll left, right, up or down to view the VeriSign Logo or such text. VeriSign hereby grants Merchant the rights to use the relevant VeriSign Logo, name and link to the VeriSign Site as necessary to carry out the obligations of this section 2.2 and in accordance with any trademark usage guidelines provided to Merchant by VeriSign from time to time upon reasonable notice. 3. Establishing and maintaining a commercial banking relationship with one or more Financial Institutions. The terms of such relationship shall be determined solely by Merchant and the Financial Institution and will not necessarily reflect or incorporate terms that VeriSign may have separately and independently negotiated with Financial Institutions; MSAExecutable(V9 20 01)MonthlyNP -1- 4. Keeping its user name and password confidential. Merchant shall notify VeriSign immediately upon learning of any unauthorized use of its user name or password; 5. Maintaining commercially reasonable business practices in conjunction with use of the Services and complying with all applicable laws and regulations with respect to its use of the Services. B. American Express Direct Processing. Merchant shall be solely responsible for: 1. Access Via Ecommerce Application. Merchant understands and agrees that if Merchant installs a third party eCommerce application or custom integration on Merchant's web site through which Merchant accesses the VeriSign Direct Processing services, it is Merchant's responsibility to comply with or select an eCommerce application that complies with the most current American Express standards and operational requirements. In addition, it is Merchant's responsibility to keep its systems in good working order and to repair and correct any deficiencies, errors, or defect promptly during the term of this Agreement if notified by VeriSign or American Express that such repair is necessary for the VeriSign Direct Processing services to operate properly and in accordance with American Express requirements. VeriSign will promptly notify Merchant of American Express required changes to Merchant's system. Merchant understands and agrees that its failure to perform these functions may result in (i) its inability to process such transactions through VeriSign or (ii) VeriSign or American Express suspending or terminating Merchant's right to access the VeriSign Direct Processing services. 2. Inability to Access Service. Merchant agrees to notify VeriSign immediately of online processing problems, including but not limited to providing VeriSign's customer service department with notice within forty-eight (48) hours of it using voice authorizations for its transactions that Merchant would otherwise send through VeriSign's online payment services gateway. 3. In no event shall VeriSign be liable for transaction processing and other services performed by American Express. 3. VERISIGN'S OBLIGATIONS. 1. Services. Subject to the terms in this Agreement, VeriSign agrees to (i) provide to Merchant the Services requested and used by Merchant, including without limitation the transmission of Transaction information to financial processors with whom VeriSign has established a relationship, and (ii) provide Merchant with access to standardized reports regarding Merchant's Transactions processed using the Services and certain reporting tools to assist Merchant in accounting activities. VeriSign hereby grants to Merchant the right to access and use the Services in accordance with the Agreement. 2. Changes to Services. VeriSign may modify the Services from time to time in VeriSign's reasonable discretion and upon reasonable electronic or written notice to Merchant, provided that such modifications shall not materially diminish the functionality of the Services. 3. Secure Transactions. VeriSign has implemented and will maintain security systems for the transmission of Merchant's Transactions, consisting of encryption and "firewall" technologies that are understood in the industry to provide adequate security for the transmission of such information over the Internet. VeriSign does not guarantee the security of the Services or Transaction data, and VeriSign will not be responsible in the event of any infiltration of its security systems, provided that VeriSign has used commercially reasonable efforts to prevent any such infiltration. Merchant further acknowledges and agrees that VeriSign is not responsible for the security of Transaction data or information or any other information stored on Merchant's servers or any other party's servers (other than subcontractors of VeriSign solely to the extent VeriSign is liable for its own actions hereunder). 4 Technical Support for Services. The following is VeriSign's current technical support for the Services: (a) For the Payflow Link services, VeriSign provides web support and email support twenty-four hours a day, seven days a week; and (b) for Payflow Pro, in addition to the above support, VeriSign provides telephone support during the hours of 8:00 a.m. to 6:00 p.m. PST, Monday through Friday, VeriSign holidays excepted. VeriSign agrees to respond to support inquiries as promptly as reasonably possible. VeriSign's then -current standard technical support for the Services shall be posted at the URL: http://www.verisign.com/payment/support descriptions.html. 4. PRIVACY. In addition to the terms and conditions regarding privacy above, Merchant acknowledges and agrees that in the course of providing the Services, VeriSign will capture certain transaction and user information (collectively, the "Data"). Merchant agrees to provide to VeriSign, and VeriSign shall capture, only the Data that is required by the Payment Software and is necessary for VeriSign to provide the Payment Services. VeriSign shall not disclose Data to (MSAExecutable(V9 20 01)MonthlyNP - 2 - third parties or use the Data, except that VeriSign shall have the rights (i) to use the Data as necessary to perform the Services contemplated in this Agreement (including distributing the Data to third parties providing services requested by Merchant); (ii) to maintain the Data as long as necessary or as required by law and used internally for record keeping, internal reporting, and support purposes; and (iii) to provide the Data as required by law or court order, or to defend VeriSign's rights in a legal dispute. 5. FEES AND PAYMENT TERMS 1. For Prepaid Agreements. Merchant shall pay to VeriSign the annual set up and service fees (the "Annual Prepaid Service Fee") listed in Exhibit A, attached hereto and incorporated herein for the applicable Services. Merchant agrees to pay to VeriSign the Annual Prepaid Services Fee as payment for the Services used by Merchant for twelve (12) months beginning on the earlier of (i) the date that Merchant enrolls for the Services or (ii) the date that VeriSign receives the prepayment for the Services. Notwithstanding the foregoing, Merchant agrees to pay such Annual Prepaid Service Fees no later than five (5) days following the Effective Date of this Agreement. Merchant shall separately pay an Annual Prepaid Services Fee for each VeriSign Services account for which Merchant registers. If Merchant uses VeriSign services that are subject to additional standard fees, then VeriSign shall invoice Merchant for such additional standard fees, and Merchant shall pay such invoice net -30 days. All fees are non- refundable unless otherwise explicitly stated in this Agreement. Merchant agrees to pay all value added, sales and other taxes (other than taxes based on VeriSign's income) related to the Services or payments made by Merchant to VeriSign. Merchant agrees that VeriSign shall have no obligation to provide the Services until it has received Merchant's Annual Prepaid Services Fee. 2. For Non -Prepaid Agreements. Merchant agrees to pay to VeriSign the current fees for each separate VeriSign account used by Merchant, as described in Exhibit A, attached hereto and incorporated herein or as otherwise provided in the registration pages necessary for Merchant to activate additional accounts. There will not be any pro- ration of fees paid or invoiced, and all fees are non-refundable unless otherwise explicitly stated in this Agreement. Merchant agrees to pay all value added, sales and other taxes (other than taxes based on VeriSign's income) related to the Services or payments made by Merchant to VeriSign. VeriSign may change the fees or payment methods by providing thirty (30) days prior written or electronic notice of the changes to Merchant. Payment Terms. All payments of fees for the Services shall be made in U.S. dollars. VeriSign may, at its option, either invoice or debit Merchant for the fees due VeriSign. Set up fees will become payable on the Effective Date. Monthly fees will be invoiced or debited at the end of the calendar month in which the Services are performed. Merchant agrees to pay all such invoices net -30 days after the date of the applicable invoice. Merchant agrees, at the request of VeriSign, to provide VeriSign with an authorized credit card name, number and date of expiration or an Automated Clearinghouse ("ACH") account number and proper debit authorization for purposes of allowing VeriSign to electronically collect fees due under this Agreement. All sums due and payable that remain unpaid after any applicable cure period herein will accrue interest as a late charge of 1.5% per month or the maximum amount allowed by law, whichever is less. 6. WARRANTY; DISCLAIMER 1. VeriSign represents and warrants that the Services shall conform in all material respects to the applicable documentation provided by VeriSign to Merchant. Merchant's sole remedy for VeriSign's breach of this warranty shall be VeriSign's reasonable efforts to repair or replace the Services. EXCEPT AS EXPRESSLY SET FORTH ABOVE AND TO THE EXTENT PERMITTED BY APPLICABLE LAW, VERISIGN MAKES NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, REGARDING THE SERVICES OR SOFTWARE, AND ALL SUCH WARRANTIES, INCLUDING WITHOUT LIMITATION THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR PARTICULAR PURPOSE AND NON -INFRINGEMENT ARE HEREBY EXPRESSLY DISCLAIMED BY VERISIGN. MERCHANT ACKNOWLEDGES THAT VERISIGN HAS NOT REPRESENTED OR WARRANTED THAT THE SERVICES WILL BE UNINTERRUPTED, ERROR FREE OR WITHOUT DELAY OR WITHOUT COMPROMISE OF THE SECURITY SYSTEMS RELATED TO THE SERVICES. 2. Merchant represents and warrants that it shall comply with all applicable privacy, consumer and other laws and regulations with respect to its (i) provision, use and disclosure of the Data; (ii) dealings with the users providing the Data; and (iii) use of the Services. 7. INDEMNIFICATION. Merchant will indemnify, defend and hold harmless VeriSign, its officers, directors, agents and employees, from and against any and all claims, losses, demands, liabilities, damages, costs and expenses (including reasonable attorneys' fees), either arising out of or relating to (i) the breach of any representation or warranty by Merchant, (ii) the sale or use of any product or services sold by Merchant, (iii) claims brought or damages suffered by (MSAExecutable(V9 20 01)MonthlyNP - 3 - any Financial Institution, customer, or prospective customer of Merchant relating to Merchant's or its agents' misuse of the Services or (iv) the breach of this Agreement or any representation or warranty by Merchant. VeriSign will indemnify, defend and hold harmless Merchant, its officers, directors, agents and employees, from and against any damages (including reasonable attorney's fees) arising out of a third party claim that the Software or Services infringe a United States patent, copyright or trade secret right of a third party. Merchant's sole remedies for a claim of infringement shall be VeriSign's replacement of the infringing Software or Services, VeriSign's obtaining a license for Merchant's continued use of the Software or Services, or VeriSign's termination of the affected licenses granted hereunder. The indemnification obligation set forth in this Section 7 are contingent upon (x) the indemnified party giving prompt written notice to the indemnifying party of a claim for which the indemnified party is seeking indemnification, (y) the indemnified party allowing the indemnifying party to control the defense and related settlement negotiations for any such claim, and (z) the indemnified party fully assisting and cooperating in the defense so long as the indemnifying party pays the indemnified party's out-of-pocket expenses. The indemnifying party shall not settle a claim without the written consent of the indemnified party, such consent not to be unreasonably withheld. 8. LIMITATIONS ON LIABILITY. Merchant acknowledges that VeriSign is not a financial or credit reporting institution. VeriSign is responsible only for providing data transmission to effect certain payment authorizations for Merchant and is not responsible for the results of any credit inquiry, the operation of web sites of ISPs or Financial Institutions or the availability or performance of the Internet, or for any damages or costs Merchant suffers or incurs as a result of any instructions given, actions taken or omissions made by Merchant, Merchant's financial processor(s), Merchant's Financial Institution or any ISP. IN NO EVENT WILL VERSIGN'S LIABILITY ARISING OUT OF THIS AGREEMENT EXCEED THE FEES PAID TO VERISIGN BY HEREUNDER DURING THE TWELVE (12) MONTH PERIOD IMMEDIATELY PRECEDING THE EVENT WHICH GAVE RISE TO THE CLAIM FOR DAMAGES. IN NO EVENT WILL VERISIGN OR ITS LICENSORS HAVE ANY LIABILITY TO MERCHANT OR ANY OTHER PARTY FOR ANY LOST OPPORTUNITY OR PROFITS, COSTS OF PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES, OR FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, PUNITIVE OR SPECIAL DAMAGES ARISING OUT OF THIS AGREEMENT, UNDER ANY CAUSE OF ACTION OR THEORY OF LIABILITY (INCLUDING NEGLIGENCE), AND WHETHER OR NOT VERISIGN HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. THESE LIMITATIONS WILL APPLY NOTWITHSTANDING ANY FAILURE OF ESSENTIAL PURPOSE OF ANY LIMITED REMEDY. Notwithstanding the above, the limitations set forth above shall be enforceable to the maximum extent allowed by applicable law. 9. TERM AND TERMINATION 1. Term. This Agreement will commence on the Effective Date and will continue for a period of one (1) year, unless terminated earlier or suspended according to the provisions of this Agreement. The Agreement will thereafter automatically renew for successive twelve (12) month terms, unless either party gives the other party written notice of its intention not to renew the Agreement at least thirty (30) days prior to the end of the then -current term or renewal term. For Prepaid Merchants. If Merchant prepaid the Annual Prepaid Services Fee for two (2) years, then VeriSign shall not charge Merchant additional fees for the same Services for the first renewal term hereof. If Merchant did not prepay fees for a renewal term, then VeriSign shall bill Merchant its then current fees in accordance with Section 5.2 above. 2. Termination. Notwithstanding Section 9.1, Merchant may terminate this Agreement upon ten (10) days prior written notice to VeriSign for any reason or no reason. VeriSign may suspend the performance of the Services (i) following thirty (30) days prior written notice (including an overdue invoice) if Merchant breaches the terms of the Agreement (if such breach is not cured within such 30 day period); and (ii) on (1) day written notice if it reasonably believes Merchant is sending data that corrupts VeriSign's computer systems or Merchant's financial processor or Financial Institution with which Merchant has a merchant account requires such termination. Additionally, VeriSign may immediately suspend the Services to Merchant, without prior notice, until VeriSign has received the fees due. 3. Effect of Termination. Upon the expiration or termination of this Agreement for any reason, Merchant's rights to use the Services, and any other rights granted hereunder shall immediately cease; and each party will be released from all obligations and liabilities to the other occurring or arising after the date of such termination, except that any termination of this Agreement will not relieve VeriSign or Merchant from any liability arising prior to the termination of this Agreement. Notwithstanding the foregoing, the provisions of Sections 4, 7-10, warranty disclaimers, and Merchant's obligations to pay accrued fees through the effective date of termination will survive any termination of this Agreement. 10. MISCELLANEOUS TERMS (MSAExecutable(V9.20 O1)MonthlyNP - 4 - a) Force Majeure (Events Beyond the Parties' Control). Neither party will be liable for any failure or delay in performing any obligation under this Agreement that is due to causes beyond its reasonable control. b) Entire Agreement and Modification. The terms in this Agreement constitute the entire agreement between VeriSign and Merchant regarding its subject matter and its terms supercede any (i) prior or simultaneous agreement or terms, whether written or oral or (ii) subsequent online click through agreements pertaining to the same Services hereto that Merchant agreed upon to accomplish the purpose of this Agreement. Except as otherwise provided for herein, any waiver, modification, or amendment of any provision of this Agreement will be effective only if in writing and signed by the parties herein. Merchant acknowledges and agrees that in the event a purchase order ("PO") contains additional terms, provisions or language ("PO Terms"), those PO Terms shall be null and void and fail and the terms of the Agreement shall prevail. c) Severability. In the event that any provision of this Agreement is unenforceable or invalid such unenforceability or invalidity will not render this Agreement unenforceable or invalid as a whole, and in such event, such provision will be changed and interpreted so as to best accomplish the objectives of such unenforceable or invalid provision within the limits of applicable law or applicable court decisions. d) No Assignment. Merchant may not assign this Agreement without the prior written consent of VeriSign. e) Governing Law and Jurisdiction. This Agreement will be governed by and construed in accordance with the laws of the State of California without reference to its conflicts of laws principles. The parties acknowledge and agree that this Agreement is made and performed in Mountain View, California. f) Export Restrictions. Merchant acknowledges and agrees that it shall not import, export, or re-export directly or indirectly, any commodity, including Merchant's products incorporating or using any VeriSign products in violation of the laws and regulations of any applicable jurisdiction. g) Notice. Except as otherwise provided for in the Agreement, any notice, demand, or request with respect to this Agreement shall be in writing and shall be effective on the date received only if it is sent by a courier service that confirms delivery in writing, or if sent by certified or registered mail, postage prepaid, return receipt requested, addressed, if to VeriSign, then to Attention: Legal Department at the VeriSign, Inc. corporate headquarters at 487East Middlefield Road, Mountain View, California 94043, and if to Merchant, then to the address provided on the Registration Pages. IN WITNESS WHEREOF, the parties hereto have signed this Agreement as of the Effective Date. VeriSign, Inc. Legal Department 487 E. Middlefield Road, M/S MV2-2-1 Mountain View, California 94043 Merchant's Legal Name: VILLAGE OF KEY BISCAYNE Merchant's State of Incorporation or Country of Registration: STATE OF FLORIDA Merchant's Principal Place of Business And Billing Address if Different Street: 85 W. McIntyre Street Street: Suite #: Suite #: City, State, Zip: Key Biscayne, FL 33149City, State, Zip: Country: USA Country: Phone: (305) 365-8904 Phone: Fax: (305) 365-8936 Fax: Email: Email: By: Sign Here 4 By: , 4 - Name: Name: C. Samuel Kissinger Title: Title: Village Manager March 15, 2002 (MSAExecutable(V9 20 01)MonthlyNP - 5 - Date: Date: (MSAExccutable(V9 20 01)MonthlyNP - 6 - Exhibit A 1. VeriSign Payment Services Pricing Per Non -Prepaid Account and/or Data Centerl— Standard Direct Pricing (Branding required) riitial _: r , �YPurc%ttNed'�- ;�'.,r� '� h"���,: eF�x�������.:��.-,�r�w� "f - �° '��' `' '� � � 'p`£�°:� � � ,� �s� �����x�,= ,= �=�<�-�����:���.�-��_•;._m,�..�.:_:� �� t I .- s m;�,=�-.� , _ _ r ,�< ,w� ���pa�:x_�aW-rc=-�=�;<:.. 1 �� ;�-�:� = e'er.. i1SACtI(lllta-: _ . _ ." X Payflow Link • Credit card (Level 1) and electronic check processing • Email and web support Up to 500 $179 $19.95 $0.10 X PayflowsM Pro • Credit card and electronic check processing • Purchase Card Levels 2 & 3 support (for supported processors) • Toll -free telephone support 5am-6pm PST M -F Up to 1,000 $249 $59.95 X Payflow sM Pro Premium Support • Credit card and electronic check processing • Purchase Card Levels 2 & 3 support (For Supported Processors) • Transaction Duplication Prevention • Toll -free telephone support 24/7 • Access to Automated Clearinghouse Service ("ACH" )4 Up to 1,000 $249 $495 Each physical location where Merchant has integrated the VeriSign client Software into Merchant's servers for commercial use is a separate "Data Center " Each additional Data Center shall also be set up as an additional account. Merchant shall be billed for the greater of the number of merchant bank accounts or Data Centers using the Services, 'Full technical support descriptions available on the VeriSign web site. 3 Pursuant to this Exhibit's Section 2 the fee per transaction listed in Exhibit A's table shall determine the Monthly Excess Transaction Fee, 4ACH pricing: • Direct relationship with VeriSign Payment Service, subsequent qualifying and separate agreement required. • Not available for Payflow Link or Pro. • No additional set-up fee. • $150 monthly fee • $0.10 per transaction for B2C applications (companies paying/billing individuals) • $2.00 per return Merchant Request ACH Service by Initialing Here 2. Monthly Excess Transaction Fee. In addition to the Set Up Fee and Monthly Fee, in the event Merchant processes more Transactions than listed for the applicable Service set forth in Exhibit A column four (4) in any month ("Excess Transaction(s)"), Merchant shall be charged an additional monthly transaction fee ("Monthly Excess Transaction Fee") to be determined by multiplying each Excess Transaction processed in that month by the corresponding Service's transaction fee listed in column seven (7). The Monthly Excess Transaction Fee shall be invoiced or debited in accordance with the Agreement Section 5.2 "Payment Terms." MSAExecutable(V9 20 01 )MonthlyNP - 7 - AUTOMATED CLEARINGHOUSE ("ACH") DEBIT AUTHORIZATION Merchant Name: VILLAGE OF KEY BISCAYNE Merchant ID Number: 275-257516888 Merchant hereby authorizes VeriSign Payment Services (formerly Signio and hereinafter "VeriSign"), a fully -owned subsidiary of VeriSign, Inc., to initiate debit entries to Merchant's checking account indicated below at the Depository Financial Institution named below ("Depository") and to debit the same to such account for the purposes agreed to by VeriSign and Merchant in a separate writing. Depository Name: SunTrust Branch: Key Biscayne City: Key Biscayne State:FL Zip: 33149 Routing Number: 066000604 Account Number: 0597014301906 This authorization is to remain in full force and effect until Signio has received written notification from Merchant of its termination in such time and in such manner as to afford VeriSign and Depository a reasonable opportunity to act and to retain funds to cover all outstanding fees due to VeriSign. Company may revoke the authorization in this ACH Debit Authorization only by notifying VeriSign and Depository in the manner specified above. ContactName(s): Conchita H. Alvare (please print) C Title(s): Village 1 e prmt) Date: Merchant must submit along with this Debit Authorization a voided check from the Depository account set forth above. olyn P. Greaves ACHdebitauthform.doc