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31-05-2023, 08:44 AM
Yong Hui Ting
UPDATED MAY 30, 2023, 6:14 PM SGT
SINGAPORE – Licensed payments provider OxPay Financial announced on Tuesday that Worldpay, a payment-processing company, has terminated a payment-facilitation agreement with OxPay SG.
This comes as Worldpay claims that OxPay SG has breached a clause in the agreement that requires Oxpay SG and its merchants not to do anything that Worldpay believes to be disreputable, or which is capable of damaging its reputation or goodwill.
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OxPay SG plans to appeal against Worldpay’s decision, saying that it is communicating with Worldpay to understand its concerns.
https://www.straitstimes.com/business/ox...-of-clause
UPDATED MAY 30, 2023, 6:14 PM SGT
SINGAPORE – Licensed payments provider OxPay Financial announced on Tuesday that Worldpay, a payment-processing company, has terminated a payment-facilitation agreement with OxPay SG.
This comes as Worldpay claims that OxPay SG has breached a clause in the agreement that requires Oxpay SG and its merchants not to do anything that Worldpay believes to be disreputable, or which is capable of damaging its reputation or goodwill.
......
OxPay SG plans to appeal against Worldpay’s decision, saying that it is communicating with Worldpay to understand its concerns.
https://www.straitstimes.com/business/ox...-of-clause
