Third Party Payment Contract Template for Hong Kong

1. Foreign Exchange: Required when payments involve currency conversion

2. Payment Security: Additional security measures for high-value or sensitive payments

3. API Integration: Include when technical integration between parties' systems is required

4. Refund and Chargeback Procedures: Needed for arrangements where refunds are likely or required

5. Service Level Agreement: Include when specific performance metrics need to be maintained

6. Business Continuity: Required for critical payment services requiring backup arrangements

7. Audit Rights: Include when regular audit of payment processes is needed

1. Schedule 1 - Fee Schedule: Detailed breakdown of all fees, charges, and payment rates

2. Schedule 2 - Payment Processing Procedures: Step-by-step procedures for payment processing and verification

3. Schedule 3 - Service Levels: Detailed metrics for payment processing times and service availability

4. Schedule 4 - Technical Requirements: Technical specifications for payment processing and system integration

5. Schedule 5 - Authorized Representatives: List of authorized persons who can initiate or approve payments

6. Appendix A - Compliance Requirements: Detailed regulatory compliance requirements and procedures

7. Appendix B - Forms and Notices: Standard forms for payment instructions, notifications, and other communications