Visa Digital Enablement SDK Product Terms

– Visa Member (Visa credentials)

Oct. 28, 2024

If You are a Visa Member, the following Visa Product Terms apply to You:

General Terms

• For the purposes of the Visa Digital Enablement SDK (also referred to as “SDK”), references in the Agreement (other than in this Section) to access to and use of an “API” or “APIs” mean to download, access and use the SDK or SDK/s in general.

• Company’s access and use of the Visa Digital Enablement SDK capabilities is subject to the Visa Digital Enablement SDK Service Description and Technical Implementation Guide, as well as Company’s compliance with the Visa Rules.

• Company may access and use the Visa Digital Enablement SDK capabilities only for card accounts which have undergone and passed customer verification (KYC), following appropriate Cardholder and/or authorized user authentication and, if applicable, with such partners that have undergone and passed OFAC checks. Company will also obtain all Cardholder consents and provide all Cardholder notifications necessary, or provide such notifications or applicable terms to Visa for display to the Cardholder on Company’s behalf and make the appropriate display, notification and consent choices for a Visa provided user interface, if applicable, in order to provide Visa with the relevant Card and Cardholder data and enable Visa to perform its obligations under the Agreement in accordance with the Rules and applicable law.

Future SDK Services Functionality

• Visa may agree to offer optional additional SDK capabilities, features or functionalities to Company in the future. Such future SDK capabilities may, in Visa’s sole discretion, require mutually executing additional amendments to the Agreement and may be subject to additional pricing, terms, third party agreements, as well as host/processor/issuer considerations which, if applicable, may be addressed in the additional amendments and/or future versions of the SDK Service Description.

• Company will implement any standard updates or upgrades to the Visa Digital Enablement SDK within 12 months of the respective release. In addition, Company may be asked to update the Visa Digital Enablement SDK within a short time period due to an emergency update related to security or third party modification which could negatively impact the use of the SDK. Such emergency updates should be applied as soon as possible or within the time frames provided by Visa. Visa reserves the right to suspend support of prior versions of the Visa Digital Enablement SDK and Visa will discontinue support for versions which have been updated or upgraded 12 months after the update or upgrade.

• Company is responsible for supporting the end users of its Application and Visa disclaims any and all liability with respect to Company’s end users. The aforementioned applies, but is not limited to use cases in which Visa may display a user interface to, send information to or receive information from the end user on Company’s behalf as part of the selected Services under the Agreement.

• Visa reserves the right to schedule maintenance windows with advanced notification during which the Visa Digital Enablement SDK capabilities will not be available.

• Company acknowledges and agrees that several of the capabilities enabled through the Visa Digital Enablement SDK depend on the actions and input by third parties, such as the relevant digital wallets or other third party endpoints, both with respect to timeliness and data accuracy. Visa does not have insight into or control over such third party actions and input and disclaims any and all liability.

Company Fees

• Visa will begin billing Company for Visa Digital Enablement SDK fees commencing on (i) the day Company initiates SDK calls in production based on the Visa Digital Enablement SDK or (ii) 30 days following the Production Live Date, whichever comes first, except for one-time implementation Setup Fees, which shall become due on the Production Live Date. For purposes of this Section, “Production Live Date” is defined as the date when Visa enables Company to initiate SDK calls in production based on the Visa Digital Enablement SDK by providing Company with the relevant signature secret and the encryption secret.

Capability Specific Terms

• Company’s authorization to optionally access and use the Visa Universal Card Enrollment API is limited to the purpose of enrolling Company’s cardholder accounts participating in the Company’s program within the relevant Card Portfolios/BIN Ranges by requesting a universal card identifier.

• Company’s right to use the Visa Stop Payment Services (VSPS) API through the SDK hereunder is limited to subscription payments only and is further subject to Company’s ongoing participation in VSPS and completion of all applicable enrollment documentation required by Visa. Without limiting any other VSPS requirement as set forth in the Rules, Company understands that usage of VSPS does not remove any obligation of the Cardholder to meet payment terms or any other agreement with the merchant, including but not limited to informing the merchant the Cardholder wishes to cancel the respective service. Company further understands that the Cardholder may directly provide stop instructions to Visa through the user interface that Visa may provide on Company’s behalf and Company agrees to enable this process by taking full responsibility for providing the appropriate Cardholder terms of use, obtaining the appropriate consents and providing the appropriate notifications as required under applicable law.

Customers, Notifications and Identity Verification

• Company is required to, at a minimum, authenticate Cardholders in compliance with applicable law, including, as applicable, step-up authentication or double authentication.

• Company hereby authorizes Visa to verify the identity of a Cardholder on its behalf, using the Cardholder contact information provided or available to Visa using Visa’s OTP verification service or Visa 3-D Secure verification, as specified further in the Documentation.

• Company expressly authorizes Visa to use the Cardholder information in the above referenced databases, batch files or other information provided or available to Visa, as applicable, to contact the Cardholder for the purpose of performing Cardholder Identity Verification hereunder on Company’s behalf.

• Visa relies on the Cardholder information provided to it through the above alternatives and has no insight or control over its accuracy. Visa assumes no responsibility and is not liable for any inaccuracies and errors related to the Cardholder verification.

Push Provisioning

• Company’s use of this capability is further subject to Company’s (i) current participation in the Visa Token System through an effective VDEP Agreement or an equivalent agreement enabling participation in the Visa Token System and compliance with such agreement, and (ii) active enrollments for those digital wallets or other endpoints and Issuing Identifier ranges for which Company intends to use the Visa Digital Enablement SDK capabilities, as separately approved by Visa.