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Terms and Conditions for usage of Payonline Account:
  1. This is an Account and is governed by the terms and conditions of Payonline as may be amended from time to time.

  2. This Payonline account shall be used by the customer of Payonline to which it is allotted.

  3. This Account cannot be used for transactions in foreign currency. You hereby agree to use this Account for all online transactions with designated merchants for the goods/products/services as mentioned by the merchant on its website and further agree not to use it for any unlawful purpose/activities.

  4. Payonline shall not be responsible for any fraud or misuse of this Account and you agree to be personally liable for any and all costs, taxes, charges, claims or liabilities of any nature, arising due to any such fraud or misuse of the Account.

  5. Payonline shall not be liable for any defect in the product / merchandise / goods or services of designated merchants purchased / availed using this Account.

  6. You shall not give any assurance or guarantee to your customer of quality, quantity, utility, efficacy and efficiency in respect the goods or services of the designated merchant.

  7. Any dispute or claim regarding the product / merchandise / goods or services purchased / availed on the website of the designated merchant using this Account must be resolved with the designated merchants by your customer. Payonline does not own any responsibility to you or your customer in such circumstances.

  8. Payonline may charge periodical Account Maintenance Charge to you for use of this Account on the designated merchants. The said fees will be intimated by way of notification or e-mail message in advance to you from time to time.

  9. This Account is non-transferable and assigns a unique Account number to customer.

  10. You have to deposit advance money with Payonline to maintain sufficient balance in the Account so as to enable you to do transactions on the website of designated merchant. Balance transfer from one Account to other Account is not permitted.

  11. This Account is valid for 12 months from the date of activation.

  12. Payonline may use the KYC submitted by you for business purposes. You hereby consent to (i) receiving e-newsletters as well as other communications containing offers etc. and (ii) Payonline providing your information to sponsor/s and/or companies associated with it for the purpose of providing you with offers and/or information.

  13. You shall promptly inform Payonline of any change of your name, mailing address, e-mail address or any other required data provided for the issuance of this Account and submit the updated KYC documents in respect of such change, as may be demanded by Payonline.

  14. Payonline has issued a card to you as a token which contains an Account Number and Password and in case the said card is lost or misplaced, you shall promptly inform Payonline in writing (letter/e-mail). The Account shall then be blocked and Payonline may issue new account number as per prescribed procedure in this regard with the balance amount for a nominal charge as may be prescribed by Payonline from time to time.

  15. The Account Serial Number and password appearing on the Card which is issued to you and intellectual property rights contained therein are the exclusive property of Payonline.

  16. Payonline reserves the right at any time to refuse for any reason whatsoever, the use of this Account on the website/mobile application/IVRS of designated merchants.

  17. All disputes arising out of any transaction pertaining to the use of this Account shall be subject to the applicable Indian Law. Any further litigation shall be governed by exclusive jurisdiction of the courts in Delhi, India.

  18. If you resign as customer of Payonline, this Account will be disabled / closed by Payonline immediately and you hereby undertake to surrender the card to Payonline which is issued to you as a token of the said Account.

Payonline reserves the right to amend, alter, delete, insert and revise these terms and conditions without any prior notice/intimation.

 
   

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