interested in knowing more or availing and/or purchasing various products, services that Razorpay What are my options for maintaining leave and attendance? You agree that Razorpay shall be liable to provide reimbursement to You under RTO thereto. injuries, death, property damage, or other damages or expenses resulting from Your interactions RAZORPXY. material respects in accordance with these Terms. is not cancelled by the Customer, Destination Bank or the Sponsor Bank. the Card Payment Network Rules, You expressly acknowledge and agree that You are assuming Descriptions for the response parameters are present in the Contacts Entity parameters table. (d) The provision of the Merchant Services to customers in the states of Nagaland and Sikkim Razorpay Software Private Limited's Corporate Identification Number is (CIN) U72200KA2013PTC097389 and its registration number is 97389.Its Email address is prabhakar.tiwari@razorpay.com and its registered address is 1st Floor, SJR Cyber, 22 Laskar Hosur Road, Adugodi Bangalore Bangalore KA 560030 IN , - , . You agree that any statutory variations in applicable taxes during the Razorpay is an India-based, fintech company that provides payment gateway services to vendors, merchants and ecommerce platforms. include any government employee, candidate for public office, an employee of government- It understands your needs, your desires, your aspirations. Laundering (AML) / Combating Financing of Terrorism (CFT) guidelines issued by the Department governmental authority (in their sole discretion) on Razorpay on account of fraudulent rupees or in any other manner. process of customer verification and authentication of customer and bank account details by be accessed here. 1.6. E-Mandate Registration Request means the request (in electronic or physical form) made }', '{ invoicing or collection, customer enquiries (not limited to sales enquiries), technical support Businesses or website that operate within the scope of laws which are not absolutely clear or are to an additional charge to be agreed upon by the parties. Razorpay shall have an absolute right to place limits on the Transaction value. Your platform or any other third-party platform other than that of Razorpay. Notwithstanding our assistance in understanding You shall not (whether online or otherwise): (i) describe Yourself as an agent or representative How do we bulk update the leave balance for our employees? to be realized in the Escrow Account. Where are Instant settlement charges deducted from? Click + CONTACT. (f) Razorpay has reason to believe that a Collection Information has not been properly Terms of Use thereunder, at an earlier time than agreed above, Razorpay shall have an Capitalised Terms used herein but not defined in this Specific Terms of Use shall have the You further covenant and agree that You shall ensure that: (a) Your use of the Services and sale of Your products/services are solely for Your own bona How do I proceed? the Services selected by You or generally otherwise. enabling the lender to disburse the loan through Razorpay into Your bank account. of Fraudulent Transactions whether it is an international or a domestic transaction. directors, managers, officers, employees and agents harmless from and against all losses 1.5. Escrow Account or Nodal Account is an account held by Razorpay with an Escrow Bank Configure the Connector 2.) brand features. You agree that You shall be solely responsible for any hashed string storage undertaken by These card payment networks have infrastructure 1.1. Chargeback shall mean the reversal (such reversal being requested by a Facility Provider credentials and Razorpay shall not be liable for any such change or action performed by using Your Major Medical Expense Insurance Policy . Facility Providers. Razorpay shall process a Refund only upon initiation of the same on the Website. 9.9. our Privacy Policy. Literally, wow! Amounts which may be used, based on the decision of the Facility Provider, either to a) any mobile application, mobile site services) ( Website ) owned and operated by Razorpay Software Matrix sites or sites using a matrix scheme approach; 31.) reimburse the Chargeback Amount within seven (7) days of receipt of the debit note. for Your acts or omissions or Your failure to comply with Applicable Laws. 1.3. Destination Bank means a bank registered with NPCI as per the Procedural Guidelines and Your customer or any third party or give any warranties which may require Razorpay or Facility modifications and amendments thereto. You to read the terms and conditions available on such websites before You access any such third- competition/contest/game/sport/event (online or offline) for monies are rendered by it provisions of the Payment and Settlement Systems Act, 2007. affiliates, officers, employees and agents relating to the Service(s), will not exceed an amount Amount is credited to the customers Payment Instrument. Update a Contact and Fund Account To update a Contact or Fund Account from the Dashboard: Log in to the RazorpayX Dashboard. completion of the Withholding Term. Since Razorpay has no control over Contact Email contact@razorpay.com. It is an online system that is designed to handle end-to-end payments that can also be integrated with different websites and apps. Illegal goods which includes materials, products, or information promoting illegal goods or 3.6. 2.6. identify fraudulent transactions); (ii) administrative, marketing and customer support gambling sites, and related content; 15.) units at GIFT city like administrative expenses in INR outside IFSC, INR amount from sale of caste/communal tensions, lotteries/sweepstakes & games of chance; 37.) making available foreign exchange to any person resident in India against reimbursement in (c) You shall not resell or assign the Services, in whole or in part, or otherwise allow the use of The transactions in the SNRR Account shall be reported to the RBI in accordance with the Manage your marketplace, automate bank transfers, collect recurring payments, share invoices with customers and avail working capital loans - all from a single platform. the GST certificate. permissions and/or registrations to that effect. (i) Razorpay in its sole discretion determines that Your activities expose Razorpay to risks Applicable Laws shall mean (i) any law, statute, (including literature, imagery and other media); escort or prostitution services; Website access (c) The Merchant Services are at all times in compliance with all Applicable Laws including You may choose to purchase fee credits from Razorpay in respect of the Services being Do you charge any set-up fee? Applicable Laws. Razorpay warrants that the Service(s) will perform in all You for the purpose of (i) offering or inviting Your interest in availing other products or services The party will also report income tax collections as Gross Merchandise Value and aim to achieve hockeystick growth. Finally, what kind of startup would we really be if we didnt intend on someday going public? to route every payment request received for the Your unique id, based on the rules created expressly registered for at the time of entering into these Terms and as set out in Your The Services provided by Razorpay through or rewarding any favourable action or influencing any decision in Your favour. You can avail You will not copy or transmit any of the Services. The cornerstones of my career of over 17 years have been continuous learning with lasting impact for myself and the people and organisations I work with. How do I report potential fraud or unauthorized transactions to Razorpay? Do I have to maintain a minimum balance on my business account? These terms shall only apply if You are a gaming merchant identified specifically in this Specific Terms conditions and privacy policy, and which are independent of Razorpay and therefore, we advise * - In doing so, we expect we will be just the start of a long line of startups attempting to get into politics once everyone realizes its potential for tax-free investments. It gives access to all payment modes including credit card, debit card, net banking, UPI and popular . therein) and other related documents with the Facility Providers or governmental authorities or using) of Your Personal Information (including Sensitive Personal Information) to: These Terms of use were last updated on 29th day of September 2022. including but not limited to, gaming laws, rules, regulations, among others. entitled to recover all legal expenses incurred in connection with the legal action, subsistence of these Terms shall be borne by You. Razorpay's trade names, trademarks, service marks, logos, domain names, and other distinctive The representations and warranties set out in Clause 10.1. above shall be repeated on each Razorpay shall use good faith efforts to reconcile any reasonably disputed amounts. The campaign aims to eradicate corruption and criminalisation in the elections process. suspect that a transaction to effect an E-Mandate Payment is done fraudulently or if the In the process of providing Magic Checkout Services, You acknowledge and agree that I have got access to RazorpayX, but I am not able to make payouts. Clauses 3 and 5 hereinabove shall survive the termination of the Terms. It is however clarified that expenses and/or costs relating thereto. 7.4. How do I complete my activation form? You. terminate use of the Website. 7.2. Add Fund Account details. If it is not set, sending any value in the descriptor field will return an error. and related goods; toxic, flammable, and radioactive materials and substances; 22.) What is meant by Active and Inactive contact? Copyrighted software which includes unauthorized copies of software, video games and other checkout: (a) be solely responsible for obtaining consent of the customer to tokenize (and save) the Add and run your code to preview your button. 9.4. transactions, namely :-. Razorpay has 5 employees at their 1 location and $384.97 m in total funding,. A payment from Opfin is stuck in "In Progress" status. time to time and the Payment Application-Data Security Standard ( PA-DSS ), if applicable. Fast forward your business with Razorpay. I have a business registered outside India. 2.10. accordance with the Procedural Guidelines. forbidden by these Terms, or any local laws that might apply to You. No Merchant Services including facilitation, hosting or providing a platform for any Additionally, for the 2.1. means. way; (ii) any commercial material or content (including, but not limited to, solicitation of funds, needs to be informed to Razorpay and if cancellation request is to be declined then You We'll get rid of firewalls and data centres and move all your data to the clouds. 5.3. All Refunds initiated by You shall be routed to the same payment method through which holder, shall be credited to NRO account of the nominee with an authorised dealer/ authorised (e) Razorpay is of the opinion that there are suspicious circumstances surrounding Your In the event of any conflict between the General Terms of Use and Specific Terms of Use, the property as the result of Your access to the Website or Your downloading of any content from the entity string The entity being created. 12.) such third-party websites. at any time, without any prior notice to You. Act, 2007, Prevention of Money Laundering Act, 2002, Know Your Customer (KYC) / Anti-Money not apply in respect to Your data already shared by Razorpay in accordance with this clause upon Loading Funds from your ICICI account to ICICI Virtual Account. You represent and warrant to Razorpay that: (a) You shall use the Magic Checkout Services solely for providing services/ goods to including but not limited to name, email address, phone number and address, as Note: The sole dependency of this plugin is . refund and disputed claims from Your customers; and (b) representing penalties, fines or Some of the Services may be supported by advertising revenue and may display advertisements Razorpay and that You shall not disclose such information without Razorpay's prior written consent. prohibited investments for commercial gain or credits that can be monetized, re-sold or converted Website. involving any violation of the provisions of the Act, rules and regulations made thereunder. You hereby consent that payments towards such value added services shall be deducted from make any representations to Your customer or any third party or give any warranties Navigate to Contacts. applicable taxes under Section 194H of the Income Tax Act, 1961 (in case LTDC is provided as per To help you start your partner journey at the earliest, we request you to share the following details. list under the applicable Telecom Regulatory Authority of India (TRAI) regulations. framework in accordance with Foreign Exchange Management (Borrowing and Lending) conditions and preferences. the LTDC issued). Visit our Documentation. through normal channels of refunds or through the instant refund service of Razorpay (a) any of the Your representations or warranties as set out in Clause 10.1 above being breached The SNRR Account shall carry the nomenclature of the specific business for which it is in operation. responsibility to Your customer or any third party. information either on the Website or through other means including but not limited to telephone, customers card. You agree to indemnify and hold Razorpay (and its officers, affiliates, group company, directors, 3.6. One of the fastest growing and leading mid-segment hotel chains in India and Nepal, Lords Hotels & Resorts has become an eminent name within 10 years of its inception. 1.11. Procedural Guidelines means the guidelines governing inter alia the processes to be including but not limited to comply with changes in law or regulation, correct of processing of e-mandates, including saving/securing/tokenizing the customers Does Opfin support Leave Encashment during Exit? pertaining to restriction or prohibition on gambling, betting, wagering and gaming investigation/enquiry into any alleged illegal/unlawful activities. Your next Prime Minister is not an aadmi, it is a cloud-based, omnipotent and omnipresent AI engine. Provision of any services that have the potential of casting the Payment Gateway Facilitators in a considered a change to the Terms and without any notice to You. How do I find SDKs for various languages? Following completion of integration under Mandate Terms, Razorpay shall enable E-Mandate fees. For the purposes of these Terms, the Such third-party websites may have separate terms and Razorpay is a platform that enables businesses to accept, process, and disburse payments with its product suite. You further acknowledge and agree that in order to process recurring transactions, customer refusal after delivery, by customers shall not be covered under RTO Protection. In the event of any conflict between the General Terms of Use and Specific Terms of Use, the 15.) Upon any change, Your continued use of the Services 381(E) dated May 3, onboarding form on the Razorpay dashboard or as otherwise approved in writing by Copyrighted media which includes unauthorized copies of books, music, movies, and other (b) Razorpay is prohibited from debiting the amounts from Your customers account by information provided by You or deliberate withholding of any statutory information by You shall Your customers to continue using the saved cards feature in compliance with RBIs guidelines If Razorpay settles the funds, at an earlier time than agreed above, Razorpay shall have an debiting the amount mentioned in the Collection Information. paragraphs i to v You agree that Razorpay shall have no 10.2. Adult goods and services which includes pornography and other sexually suggestive materials You agree Razorpay shall be entitled to recover from You (by deducting amounts from Your funds held 7.) DBR.No.Leg.BC.78/09.07.005/2017-18, dated July 6, 2017 read with RBIs notification and approves the E-Mandate Registration Request in accordance with the Procedural amendments, clarifications, FAQs, etc. Drugs and drug paraphernalia which includes illegal drugs and drug accessories, including herbal incurred by Razorpay as a result of any breach of these Terms, including Your obligations with governmental authorities as and when demanded under Applicable Laws, for the (c) You shall not (whether on-line or otherwise): (i) describe Yourself as an agent or to (i) any customers in the states of Telangana, Odisha and Assam or (ii) any customers rights or remedies available to Razorpay under these Terms or in law or at equity. Database providers (for tele-callers); 43.) Your Customers. Enabling one-Stop solutions for all fintech needs. rule, regulation, order, circular, decree, directive, judgment, decision or other similar mandate of any You acknowledge that Razorpay does not warrant that the Service(s)s will be uninterrupted or suspend the Services or part thereof regardless of whether there is pending liability or otherwise, that arise out of or is in any way connected with (i) any failure or delay How does the settlement happen for the international payments? of Use shall be brought solely against such Razorpay affiliates providing Services. by the RBI. be liable to pay any additional fees as determined by Razorpay in the event: (a) You avail certain value-added services available on the dashboard irrespective of You agree that You Our interactive emails reduce the number of steps for users, thereby increasing email conversions for . 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