Terms and Conditions
Welcome to Payvistaar
These terms and conditions set forth the rules and regulations for using the Payvistaar Fintech Pvt. Ltd.
website, accessible at https://Payvistaar.com.
By accessing this website, you acknowledge and accept these terms and conditions. If you do not agree to
all the terms and conditions outlined on this page, please refrain from using Payvistaar. The following
terminology applies to these Terms and Conditions, Privacy Policy, Disclaimer Notice, and all
Agreements: “Client,” “You,” and “Your” refer to you, the individual accessing this website and adhering
to the Company's terms and conditions. “The Company,” “Ourselves,” “We,” “Our,” and “Us” refer to
Payvistaar
Tecnology Pvt. Ltd. “Party,” “Parties,” or “Us” refer to both the Client and the Company. All terms
relate
to the offer, acceptance, and consideration of payment necessary for the Company's assistance to the
Client, aimed at fulfilling the Client’s needs regarding the Company’s services, in accordance with the
prevailing laws of the Netherlands. Any use of the above terminology or other words in singular, plural,
capitalization, and/or gender-neutral forms are interchangeable and refer to the same.
By accessing this website, you acknowledge and accept these terms and conditions. If you do not agree to
all the terms and conditions, please refrain from using Payvistaar.
Transactions
Upon setting up of the Membership Account, the Consumer will become eligible to undertake Financial
Services on the Platform provided by the financial institutions including but not limited to non-banking
financial companies, banks, other payment systems as authorised to provide Financial Services under
Applicable Laws (“Financial Service Providers”).
The Consumer hereby understands and acknowledges that the Company is not the provider of the Financial
Services. Accordingly, the Consumer acknowledges and agrees that the Company does not warrant, endorse,
guarantee, or assume responsibility for any product or service advertised or offered by a third party
including the Financial Services being provided by Financial Service Providers utilizing Company
Services or Platform or any hyperlinked website or service
The Consumer hereby understand and acknowledge that in addition to this Terms of Use, the Financial
Services Providers may have their separate terms and conditions with respect to availing Financial
Services. Accordingly, the Consumer understands and acknowledges that it may have to agree to such
separate terms and conditions for availing certain Financial Services for undertaking Transactions. The
additional conditions with respect to issue and loading of “pre-paid instruments” is set out in Annexure
1 of this Terms of Use.
Charges
Usage and operation of the Merchant Account is subject to payment of service charges prescribed by
Company on the Platform and/or Website and as amended from time to time. In the event of Transactions at
the Retail Outlets, the Consumer shall be liable to pay to the Retail Partner, the service fee for
assisting and facilitating the Transaction on the Platform and/or Website utilising the Company
Services. In such Transactions, the Consumer shall receive an intimation on its Registered Mobile Number
on the charges leviable by such Retail Partner. All charges would include Service Tax if applicable as
per Retail Partner for the service provided by them.
Indemnity
The Consumer shall be liable to Company for losses, expenses or damages and agree to indemnify, defend
and hold harmless Company, Related Entities and /or the Retail Partner harmless from any and all claims,
losses, damages, liabilities,
costs and expenses, including and without limitation legal fees and expenses arising out of or in
relation to : (a) its misuse or unauthorized use of Company Services, Platform, Website and/or the
Merchant Account; (b) violation of or any breach of any representations, warranties and covenants made
by the Consumer under this Terms of Use; and /or (c) any breach of Applicable Laws by the Consumer.
The Consumer shall indemnify Company, Related Entities against any fraud or any loss or damage suffered
by Company and/or the Related Entities due to the failure on the part of the Consumer to: (a) provide
correct and accurate details / information to the Company including but not limited in the CAF; (b) to
communicate any change/alteration in the details / information to the Company including but not limited
in the CAF.
