The User should understand and irrevocably agree that even if he is allowed to execute transactions on our payment platform, the funds wouldn't be deposited into the account of such User until the KYC obligations are pending. The User has to complete RBI's KYC obligations in accordance with the RBI's KYC Guidelines. However, of the RBI's KYC guidelines are not complied with by the User, SeguraPay reserves the right to stop the release of the settled amount to the User. These amounts might be reversed to the original account from where the payment was made.
The Services provided by SeguraPay and service providers to its users. Under these services, a user can make payments to other payees or receive payments from other payers. This can be done through RTGS/NEFT/IMPS or credit/debit cards or internet banking, or any other payment modes made available by the banks.
Any person who has registered in SeguraPay to use the Website or the ApplicationApplication or avail of its services can be called a User. A User can make or receive payments to or from third parties. A person who has been authorized to avail of services on anyone else's behalf is also covered under the term "User".
A Payee is someone to whom a payment is made or who receives the payment.
A payer is a person who makes the payment.
A Service Provider is a bank or an association, or a facility provider whose services are being used.
A Transaction includes the process of sending money from a user to a payee or a payer to a user.
The Transaction amount is an amount payable to a user or payee and receivable by any user or payee.
This Website and its services are solely made for persons who are capable of contracting under the Indian Contract Act and who are above the age of 18. Anyone below 18 years old is expressly prohibited from using the websites and their services.
To avail the services of the Website, a user has to sign up or create an account with all the necessary documents. When a user registers for SeguraPay, he agrees to provide the correct information as per the best of his knowledge. Failing to provide such correct information will lead to SeguraPay cancelling the registration of such users. It is pertinent to note that every User shall take responsibility for anything that happens from his user account.
The services of SeguraPay can be used to make payments or receive payments.
Every User registered under this Website is responsible for:
As specified continuously by SeguraPay, the User should not hold SeguraPay liable for any unauthorized, fraudulent, erroneous or duplicate use of his access to the Website.
The User understands and agrees that the entire risk with respect to his usage and access of the Website and its services remains with him. Neither SeguraPay nor any other party involved can be held liable for any incidental, consequential or exemplary damages.
Create your free SeguraPay account today.