MALAYSIAN Electronic Clearing Corp Sdn Bhd (MyClear), a wholly-owned subsidiary of Bank Negara Malaysia, has appointed MOLPay Sdn Bhd, a subsidiary of MOL Global Group as its official online merchant acquirer for MyClear’s Financial Process Exchange (FPX) and Direct Debit services.
FPX is a service that allows online consumers to make purchases via online stores using their banking accounts.
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