FPX system definition

FPX system means an exchange infrastructure and application platform offered by PayNet. This system facilitates electronic payment transactions, which is connected to various banks’ Internet Banking platform. FPX offers multi-layer solutions across all markets in terms of Business-to-Business (B2B) and Business-to-Customer (B2C).
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Examples of FPX system in a sentence

  • The Sub seller must ensure that it has and maintains adequate procedures and systems for receiving and processing prompt payment confirmation received from FPX system and promptly and correctly updates the payment status as well as to ensure that its obligations are fulfilled to the Buyer’s satisfaction.

  • Payment An order from a Buyer to its Buyer Bank directing the Buyer Bank to: Draw funds from the Buyer’s bank account via Internet Banking; and Transmit payment confirmation message to FPX system to perform crediting of funds to the Acquirer to pay a Seller for a successful FPX transaction.

  • It is envisioned that the FPX system will be distributed over large geographic areas and operate over public networks, making on-site configuration and management infeasible.

  • Ethernet is an evolving technology that will play an im- portant role not only in Local Area Networks (LANs) but also in Wide Area Networks (WANs).Secure control and configuration of the FPX system are needed to enable de- ployment of FPX systems throughout the public Internet.

  • All these considerations simplified the modifications and new designs that need to be added to the FPX system.

  • In order to make the FPX system compatible in different application environments, IEEE 802.1q VLANs are supported in the FPX platform.

  • The settings for the FP-X system register and communication cassette AFPX-COM5 are the same as the settings for the connection (computer link (Ethernet)) by a 1:1 communication.However, set the IP address for a FP-X not to overlap with other FP-X units.

  • Payment An order from a Buyer to its Buyer Bank directing the Buyer Bank to:  Draw funds from the Buyer’s bank account via Internet Banking; and  Transmit payment confirmation message to FPX system to perform crediting of funds to the Acquirer to pay a Seller for a successful FPX transaction.

  • Table 2.1 summarizes the GigE FPGA place and route results.Table 2.1: Device Utilization and Timing SummaryIOBsBlock RAMsSLICEsFreqency205314202 61%77%82%82.2 MHz Figure 1.1 shows an envisioned FPX system configuration.

  • Secondly, current FPX system and related software are all well defined and work well.

Related to FPX system

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  • Open video system means an open video system authorized pursuant to 47 U.S.C. § 573 and, for

  • Fuel system means the components which store or transport fuel on board the vehicle and comprise the fuel tank system, all fuel and vapour lines, any non-tank mounted fuel pumps and the activated carbon canister.

  • Grid System means STU / MSEDCL power transmission system / distribution system through which Delivered Energy is evacuated and distributed.

  • SCADA System means the Supervisory Control and Data Acquisition System which is composed of all telemetering and remote terminal units (“RTU”) at the Facility and associated with the Grid System or BPDB’s Control Center;

  • X-ray system means an assemblage of components for the controlled production of x-rays. It includes minimally an x-ray high-voltage generator, an x-ray control, a tube housing assembly, a beam-limiting device, and the necessary supporting structures. Additional components which function with the system are considered integral parts of the system.

  • interconnected system means a number of transmission and distribution systems linked together by means of one or more interconnectors;

  • Record system means any group of records under the control of the division from which a record may be retrieved by a personal identifier such as the name of an individual, number, symbol, or other unique retriever assigned to an individual.

  • New tank system means a tank system that will be used to contain an accumulation of regulated substances and for which installation has commenced after January 14, 1987. (See also “Existing Tank System.”)

  • IT System all computer hardware (including network and telecommunications equipment) and software (including associated preparatory materials, user manuals and other related documentation) owned, used, leased or licensed by or to the Company.

  • Waterworks System means all waterworks and all appurtenances thereto, including water mains, service connections, pumping stations, wells, water storage facilities and treatment plants, and owned, controlled, maintained and operated by the City or by agreement between the City and others.

  • Operating System refers to the software that manages the Hardware Device. You have the right to use the Operating System delivered with the Hardware Device (and any updates acquired through our technical support services) only as incorporated in, and as part of, the Hardware Device and subject to the terms of the license agreement(s) delivered with or on the Hardware Device. Current versions of the license agreements are located in the documentation for the Hardware Device.