These Terms of Use ("Terms") apply to all users of Paymentz ("we," "our," or "us") and govern your access to and use of our website, products, and services ("Services"). By accessing or using our Services, you accept and agree to be bound by these Terms, along with all applicable laws, policies, and amendments that may be made from time to time.
Terms Of Use
1. Acceptance of Terms
Your use of Paymentz’s Services signifies acceptance of these Terms. You represent and warrant that:
You are at least 18 years old, capable of entering a binding legal contract, and compliant with Indian law.
You are responsible for periodically reviewing these Terms, as continued use of the Services indicates acceptance of any updates.
Paymentz reserves the right to modify, suspend, or discontinue Services or specific terms, with changes effective upon posting.
2. Description of Services
Paymentz provides various digital payment services, including:
Payment Processing: Secure handling of online transactions.
Transaction Reporting: Tools for transaction tracking and analysis
Fraud Detection: Systems to identify and manage potential security risks.
Customer Support: Assistance with transaction and account inquiries.
These Services are provided “as is,” and Paymentz disclaims liability for disruptions beyond our control, including those stemming from third-party providers.
3. Account Creation and Responsibilities
To use certain Services, you may need to create an account, which requires:
Accurate Information: Providing up-to-date and correct details during registration.
Account Security: Safeguarding your credentials and notifying Paymentz of any unauthorized activity.
Fraud Detection: Systems to identify and manage potential security risks.
Responsibility: You are responsible for all activities conducted under your account. Failure to comply may lead to account suspension or termination.
4. Privacy Policy and Data Protection
Paymentz respects your privacy, handling personal data as per the Information Technology Act, 2000. Our Privacy Policy details:
Data Collection: Types of personal and transactional data collected.
Usage and Storage: How data is utilized, stored securely, and protected.
User Rights: Right to access, modify, or request deletion of your data in accordance with Indian law.
Cookies and Tracking: Use of cookies and tracking technologies to improve Services.
By using Paymentz, you consent to our data handling practices, as outlined in the Privacy Policy.
5. Payment Processing, Fees, and Refunds
All transactions processed through Paymentz are subject to:
Service Fees: Certain services may incur processing fees, disclosed before transaction completion. Fees are generally non-refundable unless explicitly stated.
Refunds: Refund requests are governed by our Refund Policy. Eligibility is determined on a case-by-case basis, with refunds processed to the original payment method when approved.
Taxes: Users are responsible for understanding and complying with applicable tax obligations resulting from transactions on Paymentz.
Paymentz may adjust fees and policies; users will be notified of changes as applicable.
6. Intellectual Property and Limited License
Paymentz retains ownership of all content, trademarks, software, and intellectual property on our website. Unauthorized use, reproduction, or distribution of Paymentz’s proprietary materials is strictly prohibited. Paymentz grants users a limited, non-exclusive, non-transferable license to access and use the Services, contingent on compliance with these Terms.
7. Prohibited Activities
Users agree to abstain from any actions that violate Indian laws, harm Paymentz, or misuse the platform, including but not limited to:
Engaging in fraud, money laundering, or illegal financial activities.
Hacking, scraping, or exploiting Paymentz’s systems or data.
Misrepresenting identity, account, or payment information.
Violations may result in immediate account termination, legal action, and/or reporting to relevant authorities.
8. Limitation of Liability
To the maximum extent allowed by law:
Paymentz is not liable for indirect, incidental, punitive, or consequential damages arising from Service use, including disruptions due to third-party services.
Paymentz’s liability is capped at the amount paid by you for Services in the past six months.
This limitation does not exclude liability for fraud, gross negligence, or willful misconduct where applicable under Indian law.
9. Indemnification
You agree to indemnify and hold harmless Paymentz, its affiliates, and representatives against any claims, losses, or damages (including legal fees) resulting from
Your breach of these Terms.
Any misuse of the Services.
Your violation of applicable laws, including data privacy and intellectual property regulations.
10. Dispute Resolution and Governing Law
All disputes arising from these Terms or use of the Services will be governed by the laws of India.
Mediation: The parties agree to resolve disputes initially through good-faith negotiation and mediation.
Arbitration: Unresolved disputes will proceed to binding arbitration under the Arbitration and Conciliation Act, 1996, with venue in Mumbai, India.
Jurisdiction: Courts in Mumbai have exclusive jurisdiction.
11. Disclaimer of Warranties
Paymentz Services are provided on an "as is" and "as available" basis. We disclaim all warranties, express or implied, regarding Service accuracy, reliability, or fitness for a particular purpose. Paymentz is not responsible for issues arising from connectivity, compatibility, or availability beyond our direct control.
12. Contact Information
For any questions about these Terms or our Services, please reach out to us:
Email: [email protected]