1. 2.1 The Bank is the only entity approved to extend acceptance of Card Organization products directly to a Merchant.
2. 2.2 The Bank must be a principal (signer) to the Merchant Agreement.
3. 2.3 The Bank is responsible for educating Merchants on the pertinent Visa and MasterCard rules with which Merchants must comply; but this information may be provided to you by Processor.
4. 2.4 The Bank is responsible for and must provide settlement funds to the Merchant.
5. 2.5 The Bank is responsible for all funds held in reserve that are derived from settlement.

1. 3.1 Ensure compliance with Cardholder data security and storage requirements.
2. 3.2 Maintain fraud and Chargebacks below Card Organization thresholds.
3. 3.3 Review and understand the terms of the Merchant Agreement.
4. 3.4 Comply with Card Organization rules.
5. 3.5 Retain a signed copy of this Disclosure Page.
6. 3.6 You may download "Visa Regulations" from Visa's website at: http://usa.visa.com/merchants/operations/op_regulations.html.
7. 3.7 You may download "MasterCard Regulations" from MasterCard's website at: http://www.mastercard.com/us/merchant/support/rules.html.