These materials have been created by the Secure Payments Task Force and are intended to be used as resources. Views expressed herein are not necessarily those of, and should not be attributed to, any particular Secure Payments Task Force participant or organization. They are not intended to provide business or legal advice, nor are they intended to promote or advocate a specific payment strategy or product. The materials provided on this website do not necessarily reflect the position or views of the Federal Reserve Banks or the Federal Reserve Board. The Readers should consult with their own business and legal advisors.

By using this Web Site or the information, data or materials provided on this Web Site, you acknowledge and agree to the following terms and conditions. If you do not agree to these terms and conditions, do not use this Web Site. The Federal Reserve Banks reserve the right to change the terms and conditions at any time without notice. You understand and agree that your continued use of this Web Site after the date on which these terms and conditions have changed constitutes your acceptance of the new terms and conditions.

Disclaimers and Limitations

The Federal Reserve Banks may periodically update the information made available on this Web Site, but make no commitment to do so. Any conclusions that users draw from the information presented here are theirs and are not to be attributed to the Federal Reserve Banks. The views expressed on this Web Site may not necessarily reflect the views of any Federal Reserve Bank or of the Federal Reserve System.

This Web Site may provide relevant links to web sites outside of the Federal Reserve Banks (hereafter “External Web Sites”) as an additional resource for our users. External Web Sites may also link to this Web Site (External Web Sites that are linked to this Web Site or to which this Web Site links shall be referred to as “Linked Web Sites”). Linked Web Sites are not under the control of the Federal Reserve Banks. Linked Web Sites may contain material that is protected under copyright or other laws with restrictions on use. The Federal Reserve Banks make no warranty, express or implied, nor assume any liability or responsibility for any information that is available on any Linked Web Site. The Federal Reserve Banks also will not monitor External Web Sites, are under no obligation to monitor External Web Sites, and are not liable in any way for not monitoring External Web Sites. Neither inclusion of links to External Web Sites nor External Web Sites’ inclusion of links to this Web Site imply the Federal Reserve Banks’ sponsorship, endorsement, recommendation or approval of the External Web Sites, the entities or organizations managing the External Web Sites, any views expressed on the External Web Sites or any products or services offered.

This Web Site may also publish information made available from third parties. The Federal Reserve Banks make no warranty, express or implied, nor assume any liability or responsibility for any third party information. The Federal Reserve Banks do not guarantee the accuracy, completeness, timeliness of third party information or endorse the views or opinions given by any third party content provider, even if such content may include input from one or more Federal Reserve Banks.   The provision of third party information is for general informational purposes only, does not constitute a recommendation and is not intended to provide legal or business advice.

The Federal Reserve Banks do not warrant that any information contained on this Web Site does not defame any individual or entity or infringe upon any individual’s or entity’s rights of privacy or publicity.

THE FEDERAL RESERVE BANKS PROVIDE NO WARRANTY, EXPRESS OR IMPLIED, AS TO THE ACCURACY, TIMELINESS, COMPLETENESS, MERCHANTABILITY, FITNESS FOR ANY PARTICULAR PURPOSE, TITLE, QUALITY AND NON-INFRINGEMENT OF ANY INFORMATION ON THIS WEB SITE. ALL INFORMATION, DATA AND MATERIALS ARE PROVIDED ON AN “AS IS” BASIS WITHOUT WARRANTY OF ANY KIND. THE FEDERAL RESERVE BANKS SHALL NOT BE LIABLE FOR ANY DIRECT OR INDIRECT, SPECIAL OR CONSEQUENTIAL DAMAGES OR ANY OTHER KIND OF DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION, OR ATTORNEY’S FEES) THAT ARE IN ANY WAY DUE TO, RESULTING FROM, OR ARISING IN CONNECTION WITH THE USE OR PERFORMANCE OF, OR INABILITY TO USE INFORMATION AVAILABLE FROM THIS WEB SITE, REGARDLESS OF WHETHER THE FEDERAL RESERVE BANKS HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE, INCLUDING LIABILITY FOR ANY VIRUSES WHICH MIGHT INFECT A USER’S COMPUTER SYSTEM.

To the maximum extent permitted by law, you release and waive all claims against the Federal Reserve Banks and their officers, directors, employees and agents from any and all liability for claims, damages, costs and expenses (including litigation costs and attorney’s fees) of every kind and nature, arising from or in any way related to your use of this Web Site. You agree to indemnify and hold harmless the Federal Reserve Banks and their officers, directors, employees and agents from and against all claims, damages, costs and expenses (including litigation costs and attorney’s fees) of every kind and nature, arising from or in any way related to your use of this Web Site.

Applicable Law

This Web Site is controlled and operated by the Federal Reserve Banks from their offices in the United States of America. By entering this Web Site, you acknowledge and agree that this Web Site will only be construed and evaluated according to the laws of the United States, and in the absence of controlling federal law, with the laws of the State of Illinois. When using this Web Site you agree to comply with all applicable federal, state and local laws. If you use this Web Site from locations outside of the United States, you are responsible for compliance with any and all applicable laws of that or any other applicable location.

Appropriate Use

This Web Site contains copyrighted material, trademarked material and other proprietary information, including but not limited to text, software, graphics, logos and button icons that are the property of the Federal Reserve Banks or third parties. Users may not reproduce, modify, publish, transmit, participate in the transfer or sale of, create derivative works from or in any way exploit any of the content, in whole or in part, of any copyrighted, trademarked or proprietary information owned by Federal Reserve Banks, except as expressly authorized by the Federal Reserve Banks. The Federal Reserve Banks cannot grant permission to use copyrighted material, trademarked material or other proprietary information owned by third parties.

Any unauthorized attempts to upload or change information, to defeat or circumvent security measures or to utilize this Web Site for reasons other than its intended purposes are prohibited.

The Federal Reserve Banks do not permit the use of their name in advertising, as an endorsement for any product or service, or for any other commercial purpose.

Reference to Third Parties and Third Parties’ Products and Services

The Federal Reserve Banks do not sponsor, endorse or recommend any third party or any third party products and/or services used on or by this Web Site or referenced on or by this Web Site.

Consent to Monitoring

The Federal Reserve Banks monitor this Web Site. By using this Web Site you expressly agree to such monitoring and you are advised that any evidence of criminal activity may be provided to law enforcement officials.

Accessibility

The Federal Reserve Banks are working to make every page on its public web server accessible to the widest possible audience, including people with visual disabilities using screen-reading software.

Many of the documents on our web server are in HTML and are usually accessible to screen-reading software. We also have a large number of documents in Adobe Acrobat Portable Document Format (PDF) and PostScript (.ps), types that reproduce the exact look of a printed page. PDF documents are displayed through Adobe’s free Acrobat Reader, but may require additional steps to become accessible to screen readers. PostScript files can be saved electronically and sent directly to a printer.

Download Adobe’s free Acrobat Reader (Off-site Link).

Digital Millennium Copyright Act

The Federal Reserve Banks undertake to obey all relevant copyright laws, and do not permit copyright infringing activities and infringement of intellectual property rights on this website. The Federal Reserve Banks will review all claims of copyright infringement received and remove content deemed to have been posted or distributed in violation of any such laws.

The Federal Reserve Banks will promptly terminate without notice any registered user’s access to the limited access website if that user is determined by the Federal Reserve Banks to be a “repeat infringer.” A repeat infringer is a registered user who has been notified by the Federal Reserve Banks of infringing activity violations more than twice and/or who has had their content or any other user-submitted content removed from the Federal Reserve Banks website more than twice. The Federal Reserve Banks may also at their sole discretion limit access to any limited access site and/or terminate the registrations and/or memberships in any limited access site of any users who infringe any intellectual property rights of others, whether or not there is any repeat infringement.

(a) If you are a copyright owner or an agent thereof and believe that any user content or other content infringes upon your copyrights, you may submit a notification pursuant to the Digital Millennium Copyright Act (“DMCA”) by providing the Federal Reserve Banks with the following information in writing (see 17 U.S.C 512(c)(3) for further detail):

  1. A physical or electronic signature of the copyright owner or the person authorized to act on its behalf;
  2. A description of the copyrighted work claimed to have been infringed; or, if multiple copyrighted works at a single online site are covered by a single notification, a representative list of such works at that site;
  3. A description of the infringing material and information reasonably sufficient to permit the Federal Reserve Banks to locate the material;
  4. Your contact information, including your address, telephone number, and email;
  5. A statement by you that you have a good faith belief that use of the material in the manner complained of is not authorized by the copyright owner, its agent, or the law; and
  6. A statement that the information in the notification is accurate, and, under the pains and penalties of perjury, that you are authorized to act on behalf of the copyright owner.

(b) If you believe that your user content that was removed (or to which access was disabled) is not infringing, or that you have the authorization from the copyright owner, the copyright owner’s agent, or pursuant to the law, to post and use the content in your user content, you may send a counter-notice containing the following information:

  1. Your physical or electronic signature;
  2. Identification of the content that has been removed or to which access has been disabled and the location at which the content appeared before it was removed or disabled;
  3. A statement that you have a good faith belief that the content was removed or disabled as a result of mistake or a misidentification of the content; and
  4. Your name, address, telephone number, and e-mail address, a statement that you consent to the jurisdiction of the federal court in Chicago, Illinois, and a statement that you will accept service of process from the person who provided notification of the alleged infringement.

If a counter-notice is received by the Federal Reserve Banks, the Federal Reserve Banks may send a copy of the counter-notice to the original complaining party informing that person that they may replace the removed content or cease disabling it in 10 business days. Unless the copyright owner files an action seeking a court order against the content provider, member or user, the removed content may be replaced, or access to it restored, in 10 to 14 business days or more after receipt of the counter-notice, at the Federal Reserve Banks sole discretion.

(c) Claims and counter-notices can be sent via e-mail to webmaster or physical mail to Webmaster – Customer Relations and Support Office, Federal Reserve Bank of Chicago, 230 S. LaSalle Street, Chicago, Illinois 60604. You acknowledge that if you fail to comply with all of the above requirements of this Section, your DMCA notice or counter-notice may not be valid.

Comment Submission Policy

If you submit comments or responses to information posted on this website (“User Submission(s)”), you understand and agree that such submissions are not confidential and, in the interest of transparency, may be posted to this public website, along with your name and organization and you agree to the following terms and conditions.

You are solely responsible for your own User Submissions and the consequences of having them posted or otherwise published.

In connection with User Submissions, you affirm, represent, and/or warrant that:

  • You own or have the necessary licenses, rights, consents and permissions to use and authorize the Federal Reserve Banks to use all patent, trademark, trade secret, copyright, other intellectual property rights or proprietary rights in and to any and all User Submissions to enable inclusion and use of the User Submissions in any manner contemplated by the Federal Reserve Banks and these terms and conditions.
  • Your User Submission is not confidential and does not and will not: (a) infringe, violate or misappropriate any third-party right, including any copyright, trademark, patent, trade secret, moral right, privacy right, right of publicity or any other intellectual property or proprietary right; (b) contain slanderous, defamatory or libelous material; (c) violate any contractual restrictions or other third-party rights; (d) contain obscene, abusive, harassing, threatening, vulgar, profane or other illegal material; or (e) violate the terms and conditions contained herein; and
  • Your User Submission does not contain any viruses, adware, spyware, worms or other malicious code.

You retain all of your ownership rights in your User Submissions. However, by submitting User Submissions to the website, you hereby grant the Federal Reserve Banks a perpetual, irrevocable, worldwide, non-exclusive, royalty-free, sublicenseable and transferable license to use, reproduce, transmit, excerpt, publish, index, modify, distribute, prepare derivative works of, display and perform the User Submissions in connection with the website and the Federal Reserve Banks’ business, including without limitation for promoting and redistributing part or all of the website (and derivative works thereof) in any media formats and through any media channels without acknowledgment or compensation to you. You understand and agree that the Federal Reserve Banks may retain server copies of User Submissions that have been removed or deleted.

You agree that you will not submit material that is contrary to these terms and conditions, which may be updated from time to time, or contrary to applicable local, national and international laws and regulations.

The Federal Reserve Banks do not endorse any User Submission or any opinion, recommendation or advice expressed in User Submissions, and the Federal Reserve Banks expressly disclaims any and all liability in connection with User Submissions. The Federal Reserve Banks reserve the right to use any User Submission as they deem appropriate, and to remove or modify any User Submissions without prior notice. The Federal Reserve Banks reserve the right not to post any User Submission for any reason. The Federal Reserve Banks may terminate a user’s access for uploading material at any time, without prior notice.

The Federal Reserve Banks are not responsible for a user’s misuse or misappropriation of any content or information you post.

The following restrictions and conditions apply specifically to your use of content on this website.

  • You agree to not engage in the use, copying or distribution of any of the content of this website, including any User Submissions, other than as expressly permitted in these terms and conditions.
  • You understand that when using the Federal Reserve Banks’ website, you may be exposed to User Submissions from a variety of sources, some of which you may find inaccurate, offensive, indecent or objectionable. The Federal Reserve Banks are not responsible for the accuracy, completeness, usefulness, safety or appropriateness of or relating to such User Submissions.
  • You are solely responsible for your interactions with other users that provide User Submissions.

The Federal Reserve Banks may refer any suspected fraudulent, abusive or illegal activity to appropriate law enforcement authorities. These remedies are in addition to any other remedies the Federal Reserve Banks may have at law or in equity.

Privacy Policy

This Web Site is operated by the Federal Reserve Banks.

By using this Web Site or the information, data or materials provided on this Web Site and/or submitting information to this Site, you acknowledge and agree to the following Privacy Policy. We reserve the right to change this Policy at any time without notice. If you do not agree to these terms and conditions, do not use this Site. You understand and agree that your continued use of this Web Site after the date on which these terms and conditions have changed constitutes your acceptance of the new terms and conditions.

This Privacy Policy provides information about the Federal Reserve Banks’ collection and use of identifiable information about its users obtained by the Federal Reserve Banks via this Web Site. Identifiable information is information that enables us to identify you or your company, such as your name, your company’s name, an email or other address.

Disclosure of Information by Users

In general, you may visit most portions of this Web Site without providing any identifiable information about you or your company to the Federal Reserve Banks, except as otherwise stated, unless you choose to do so. For example, you may be required to provide us with identifiable information if you submit comments via e-mail or the online survey. Identifiable information provided voluntarily through this Web Site may be used to help us tailor our Web Site, publications and services to our users’ needs and to help us understand who our audience is and our customers.

How We Collect Information Through This Web Site

Identifiable Information about you or your company may be obtained by the Federal Reserve Banks via this Web Site in a variety of ways, such as:

  • E-mail communications;
  • On-line forms you complete; and
  • Surveys you complete.

Limitation on Use of User Information

The Federal Reserve Banks may publish identifiable information about you and your company in accordance with the Comment Submission Policy.

Generally, information collected via this Web Site is for the Federal Reserve Banks’ use only. No identifiable information about visitors to this Web Site is sold to third parties. However, identifiable information about you or your company may be released to third parties to protect against fraud or if required by law.

Additionally, the Federal Reserve Banks may provide identifiable information about you or your company to outside agents or third parties under contract with the Federal Reserve Banks. This information is only being provided to and is only used by those parties in conjunction with the services the Federal Reserve Banks provide to you or your company.

How We Maintain Information

The safeguarding of identifiable information is important to the Federal Reserve Banks. Federal Reserve Banks do endeavor to maintain the security of your identifiable information while in the possession of the Federal Reserve Banks. While identifiable information is in our records, where we deem appropriate, we will restrict access to the information and permit only authorized individuals to handle the identifiable information.

Federal Reserve Banks are in no way responsible for the security of identifiable information while it is being communicated to the Federal Reserve Banks via this Web Site, through e-mail or otherwise. Nor are the Federal Reserve Banks responsible for what a third party does with identifiable information.

Children’s Online Information Privacy

This Web Site is not directed to children under the age of 13 nor do the Federal Reserve Banks knowingly collect, maintain or use information obtained via this Web Site about children under age 13. If a child whom we know to be under age 13 sends identifiable information to us on-line, we will only use that information to respond directly to that child, notify parents or seek parental consent.

Questions or comments about this Privacy Policy may be directed to our Webmaster.

Protecting Your Privacy and Personal Information

The Federal Reserve Banks take your privacy very seriously. It is important to know that we never send e-mails requesting customers to reply in the body of an e-mail with personal information such as password, social security number, account numbers and mother’s maiden name.

How We Collect Information Through E-mail Communications

E-mail communications sent to you by the Federal Reserve Banks may contain web beacons within the e-mail messages. The web beacons are one-pixel transparent images that collect identifiable information to determine which e-mails are opened and acted upon so we can provide more relevant content or offers in the future.