Agent Account Agreement
These Terms and Conditions are effective from the date of Agent membership. They were last updated on 10 February 2025.
The Terms and Conditions set out below (the "Agreement") apply to the LinkedPay Services provided by the Agent. By registering as a LinkedPay Agent, the Agent automatically agrees to abide by this Agreement. It is important that you read and understand the provisions of this Agreement before registering as a LinkedPay Agent. These Terms and Conditions, together with the LPay Services, will constitute a legally binding Agreement for you and your successors or personal representatives and assigns.
1. DEFINITIONS
In this Agreement, the following terms and expressions shall, unless the context otherwise requires, have the following meanings:
"Payment Agent" means a natural or legal person who provides services on behalf of a payment service provider.
"Formal Agent" legal entity authorized to carry out activities such as registration, opening and closing of payment accounts, distribution of electronic money, cash in and cash out, within the limits established by the Payment Service Provider and in accordance with the Instruction on Value Limits in Payment Systems, payment of services; reimbursement of electronic money, provision of payment account balances, among others that the National Bank of Angola may authorize.
