Merchant Processing

The Merchant Processing Agreement is between the City of Edgewater, Florida, and Automated Merchant Systems, Incorporated, for the provision of merchant processing services. The agreement outlines the general obligations of the merchant, including the acceptance of card transactions, the use of authorized payment terminals, and the protection of cardholder data. The agreement also discusses the responsibilities of the merchant in relation to card transactions, including the requirement to obtain authorization for transactions exceeding a certain amount and the need to protect against fraud and identity theft. Key aspects of the agreement include: * The merchant's obligation to accept all VISA and MC cards, both credit and debit * The merchant's responsibility to protect cardholder data and prevent fraud * The requirement for the merchant to obtain authorization for transactions exceeding a certain amount * The need for the merchant to comply with applicable regulations and industry standards, including the Payment Card Industry Data Security Standard (PCI DSS) * The merchant's obligation to provide a copy of the completed sales draft to the cardholder at the time of delivery of the merchandise or performance of the services