(Faspay Business & Faspay Billing)


This Payment Gateway Service Operational Terms (hereinafter referred to as "Operational Terms"), regulates specific terms and conditions related to operations in the use of payment system services in the form of Payment Initiation and/or Acquiring Services (PIAS) including but not limited to Faspay Business and Faspay Billing services provided by PT Media Indonusa (hereinafter referred to as "PIAS Service").

In this Operational Terms, the use of the word "Media" refers to PT Media Indonusa. Meanwhile, the use of the word "Merchant" in this Operational Terms refers to any party who uses PIAS Service provided by Media and has a legal relationship with Media based on the Cooperation Agreement In Provision Of Payment Gateway Services ("Agreement") or based on the Faspay Services Usage Agreement ("Faspay Registration Form").

"Service Fee" refers to the fee that Media and/or Payment Channel Provider is entitled to for each successful transaction.

"User" or “Customer” means any individual and/or business entity that uses the Merchant application/platform to initiate a Transaction of payment for goods and/or services which will then be processed using the PIAS Service.

"Transaction" refers to any transaction process for payment of goods and/or services made by User to Merchant by utilizing the choice of payment methods/channels provided by Payment Channel Provider and shall be further processed using PIAS Service.

Media and Merchant are collectively referred to as the "Parties" and each is referred to as "Party".

This Operational Terms is an integral part and an inseparable part of:

  1. Agreement (in the event of cooperation between Merchant and Media using an Agreement); or

  2. Faspay Registration Form / Faspay Services Usage Agreement (in the event of cooperation between Merchant and Media using the Faspay Registration Form).

By signing an Agreement or Faspay Registration Form, Merchant is deemed to have read, understood, comprehend, and agreed to all the contents of this Operational Terms as stipulated below including any changes that can be made by Media from time to time, and Merchant is considered to have agreed to appoint Media as a payment system service provider which needed by Merchant to connect to the payment channels such as banks, e-wallet and e-money providers, retail payments, and other payment service providers who have cooperated with Media ("Payment Channel Provider") for the implementation of electronic payments.