Terms of Service
This is the official website of shashifintech This website https://shashifintech.in/, that shashifintech may specify from time to time, (“Website”) Is owned and operated by shashifintech . The access to and use of this website is subject to the following terms and conditions of use (“Terms”). Please read the terms very carefully as they shall apply to all users of this website. A user may Opt for services through this website only if he accepts and abides by all of the terms. shashifintech may periodically change these terms without notice.
Definitions
For the purpose of these terms, the following words and phrases shall have the meaning assigned to them under this article. “services” means the service provided by shashifintech and service providers to users, whereby a user can (I) receive payments from their customers or other payers; or (Ii) make payment to suppliers, beneficiaries or other payees, by (A) IMPS/NEFT/RTGS; Or (B) Credit/ Debit Card; Or (C) Net Banking; Or (D) any other mode of payment through banks, that may be accepted by shashifintech from time to time in these terms.
User
Shall mean any person who is boarded on the shashifintech platform for using this website and/or who transacts or avails of the services through this website, to make or to receive payments to or from third parties. The term “user” shall also cover such personnel of any user who are authorised to avail of the services on behalf of the user.
Products
Mean any services or products which are purchased/ offered for sale by a user to third parties from time to time, using these Services. Products shall not include those banned products and services that are listed in annexure a.
Service Provider
Means a bank, association, facility provider, card issuing institution, acquiring bank, other financial institution, card processor, clearing house networks whose facilities or services are utilized in the provision of these services.
Transaction
Means a payment instruction that results in the successful transfer of monies (A) from a user to a payee; or (B) from a payer to a user.
Transaction Amount
Means the total amount payable/ receivable by A user/payee. This amount shall include all taxes, charges, interest, delivery costs, commissions, etc.
Eligibility
The website and services are intended solely for persons who can form legally binding contracts under Indian law and who are 18 years of age or older. Any access to or use of the website or services by anyone under 18 is expressly prohibited. By using the website or services user represents and warrants that he is 18 or older and is competent to contract. User also agrees that his payer/ payee is similarly competent to contract.
A user represents and warrants that he has full power and authority for using the services and is in strict compliance of all laws.
These terms and conditions as accepted by user shall be read along with and in addition to any terms and conditions in force from time to time and issued by any service provider. They will also be read in conjunction with the privacy policy.
A user may use the services and this website only if he accepts and abides by all of the following terms and conditions.
Registration
In order to avail the services, user must be registered with shashifintech and the service providers. User shall provide shashifintech with all such documents as may be required.
By registering with shashifintech , user agrees to provide true, accurate, current and complete information failing which shashifintech may at any time reject user’s registration and terminate his right to use or access the website and/or services. When user registers with shashifintech , a user Account will be created, that is associated with user’s user name, password and other identifying information. User shall be responsible for anything that happens through his user account.
Use Of Services
The services may be used by user for making and receiving payments from /to third parties.
To enable the user to use the services, a link with login credentials will be communicated to the user on his mobile phone or email address and the user irrevocably and unconditionally accepts the sole responsibility for use, confidentiality and protection of said login credentials, including passwords, as well as for all orders and information changes entered into the mobile/ E mail account using such login credentials.
shashifintech has no obligation to verify the authenticity of the transaction other than by means of verification of the user’s basic KYC information. The user shall at all times take all appropriate steps, including those as mentioned herein, to maintain the security and confidentiality of the information. shashifintech shall not be liable for any mistake or misuse of the services by either The user or by any person authorised by the user, or by any person gaining access to the services through the user. User agrees that shashifintech Accepts All Instructions originating from his Account in good faith and in a manner consistent with commercially reasonable security standards. User shall indemnify and hold shashifintech harmless for direct or indirect losses sustained as a result of the disclosure of sensitive information by or through user.On receiving the necessary details from the service provider,shashifintech shall initiate the required payment to payee/user/ as instructed by user/payer.
Confirmation of the transaction performed using valid login credentials shall be conclusive evidence of a transaction being effected. User is responsible to furnish shashifintech with correct and current payee information. In the event that the payment is in respect of a purchase of products by the user/payee, shashifintech shall not be required to ensure that the purchased products have been duly delivered. In the event a user chooses to complain about a transaction, the same should be communicated to shashifintech within 10 (Ten) days of the transaction.
Privacy Policy
User understands that his access to the website will result in the collection, use and storage of his information which is subject to shashifintech privacy policy. Through his access of the website user consents to the collection, use and storage of such information, which will be held by shashifintech and may be processed and stored by service providers. For an explanation of shashifintech practices and policies related to the collection, use, and storage of users’ information, please read our privacy policy
Disclaimer Of Warranties
The content and functionality on the website is provided with the understanding that shashifintech is not herein engaged in itself for making payments. shashifintech is an intermediary between banks, service providers and users. All content and functionality on the website is provided “as is,” without warranty of any kind, either express or implied, merchantability, fitness for a particular purpose, title and non-infringement. shashifintech makes no warranties, express or implied, as to the accuracy, or adequacy of the website or that the service provided or the functionality on this website will be uninterrupted or error-free.
User hereby acknowledges that his use of this website and the services is at his sole risk. Under no circumstances shall shashifintech or any of its predecessor, successors, parents, subsidiaries, affiliates, officers, directors, shareholders, investors, employees, agents, representatives, attorneys and their respective heirs, successors or assigns be liable for any damages, including direct, incidental, punitive, special, consequential or exemplary damages that directly or indirectly result from the use of, or the inability to use, this website or the services, including for viruses alleged to have been obtained from the website, even if shashifintech has been advised of the possibility of such damages or losses and regardless of the theory of liability.