FPX Operator definition
Examples of FPX Operator in a sentence
Interested FPX sellers are required to fill up the indicated sections and pass the signed form to the Acquirer who will then pass it to FPX Operator for processing.
FPX Webview An online system provided by FPX Operator to Participants and registered Exchanges / Sellers to check their own profile and view FPX transaction status and reports.
Operational Procedures The FPX operational procedures which are prescribed and issued by FPX Operator and will include any variation, addition, amendment or modification made from time to time.
The Sub seller further agrees to notify the FPX Operator and/or the Acquirer in writing of any update to any such information as soon as it is aware that the information so supplied in connection with the FPX service has become out-dated.
Seller ID A unique alphanumeric code assigned by FPX Operator to identify either of the following: A Seller; or A Seller’s product or service category for purposes of routing payments to the Seller.
The Sub seller hereby agrees to observe all the FPX Operational Procedures issued by the FPX Operator which is applicable to the Sub seller as reflected in this Agreement including any future revisions which will be communicated by the Acquirer to the Payment Service Agent and Sub seller.
FPX Operator Payments Network Malaysia Sdn Bhd (PayNet) FPX Services A real time internet-based online payment system which enables Buyers (either individual or corporate) to make secure online payments using their Internet Banking account to Sellers.
The Sub seller must not make any warranties or representations in respect of goods or services supplied which may bind the Acquirer, FPX Operator, Buyer Bank or any other Participants in the FPX service.
The Sub seller shall advise the Buyer to authorize their pending B2B transactions before escalating to the FPX Operator in the event of any discrepancy.
The Sub seller shall consent and allow the Acquirer or Payment Service Agent to disclose its information to the FPX Operator, as may be reasonably required for the purpose of and in connection with providing the FPX service.