TERMS AND CONDITIONS

Speedify Payment Private Limited (“Speedify Payment”) is a private company limited building the largest network of its Direct Business Outlets (DBOs). These outlets are equipped with technology and connectivity to provide retail financial services via a one-stop payments solution platform for its end consumers.

In connection therewith, subject to and on the terms and conditions set out herein, Speedify Payment has agreed to provide the Speedify Payment Services (defined hereinafter) to you (the merchant/ the user) and you, hereby, agree to avail the Speedify Payment Services.

By Clicking “I Accept” or “I Agree” on the signup page, or by accessing and using our products and/or services in any way, you agree to be bound by these terms and conditions.

DEFINITIONS

Application means the Application Form, whether physical or digital, submitted by the Merchant and verified and accepted by Speedify Payment for the purpose of availing Digital Seva Kendra’s services.

Customer means any person who contracts with you for purchase of goods and/or services and makes a payment or remittance thereunder.

Direct Business Outlets (DBOs) means the outlets operated by the agents/representatives of Digital Seva Kendra.

Equipment shall mean the equipment specified in the Application as may be provided for/caused to be provided for authorization by Speedify Payment to the Merchant. Equipment does not include Speedify Payment’s systems (embedded and supporting software), confidential documentation or any related and other Intellectual Property Rights supplied by Speedify Payment.

Intellectual Property Rights shall deem to mean and include all copyright, designs, inventions patents, service marks, trademarks (in each case, whether registered or arising at common law, or its overseas equivalent) or applications for any of these, formulations, trade names, business names, inventions, discoveries, trade secrets, know-how, source code, object code, technical information, commercial and financial data and all other industrial or intellectual property rights (whether or not registered).

Merchant means and includes a Direct Business Outlet.

Other Equipment means devices such as android/Sound Box or other cell phones, bluetooth printer etc. that may be sold by Speedify Payment to the Merchant on an outright sale basis as specified in the Application.

Processing Mechanism means the payment mechanism through the internet or such other mode of payment and delivery as may be notified by Speedify Payment from time to time, including but not limited to Immediate Payment Service (IMPS), National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and/or UPI (defined hereinafter).

Speedify Payment Gateway means and includes the software, applications and systems of Digital Seva Kendra and or its service providers through which a Valid Charge and payment of the Valid Charge to the Merchant is processed.

Support Services shall mean transaction processing services through Speedify Payment Gateway.