Guest user Created: May 28, 2018 Last commented: May 28, 2018

GDPR legal basis for online card payments

I have so far not had any information from our payment card processor regarding the legal basis for processing online card payments. Is this something you have come across before? I would think that there must be some legal requirement to continue to process data (eg financial record keeping).

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Andrei Hanganu May 28, 2018

Answer:

For card payment the legal basis for processing the “contract obligation” since there is a contract (although not a written one) between the individual initiating the payment and the company that facilitates the card payment. Also, the company facilitating the card payment may continue to process data based on “legal requirements” as well if such legal requirements exist.

To learn more about the EU GDPR check out our free “EU GDPR Foundations Course” https://advisera.com/training/eu-gdpr-foundations-course//

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May 28, 2018

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