This section enlists India Online Pay’s Terms and conditions. Please read through this carefully.
By accessing and browsing the website www.indiaonlinepay.com of Golden Legand Leasing and Finance Limited and by signing up with India Online Pay including but not limited to downloading any content from the site or Installing any part of the India Online Pay Service , you agree to and accept the Terms and Conditions as set forth below.
The India Online Pay website https://www.indiaonlinepay.com/ is copyrighted and proprietary to Golden Legand Leasing and Finance Limited. Access is limited to authorized users only. To become an authorized user, you must enter into an agreement with Golden Legand Leasing and Finance Limited and obtain an identification code and password from Golden Legand Leasing and Finance Limited for use solely by your entity and the employees, officers and directors of your entity and solely to access the India Online Pay® website and the India Online Pay® mars backend for purposes of compliance with your obligations set forth in the these Terms and Agreement. Any use of your assigned identification code and password not expressly authorized herein or distribution of the same is prohibited. All rights not expressly granted herein are reserved by Golden Legand Leasing and Finance Limited.
We reserve the right, at our sole discretion to modify at any time the Terms and Conditions without any prior written notice to you. Any modifications will be effective immediately upon the date of posting of the modified Terms and Conditions on our website and you hereby waive any right to receive additional notice of such changes or modifications. Your continued use of Services following the posting of changes will mean that you accept and agree to the modified terms and conditions; therefore it is your responsibility to review these Terms and conditions, policies and guidelines as mentioned herein. If you do not agree to any of the amended terms or the revised terms, you must stop using the services. Any use of the Services in violation of these Terms and Conditions may result in among other things termination or suspension of your right to use the Services. When you use any of the services provided by us, you will be subject to rules, guidelines, policies, terms, and conditions applicable to such services, as may be modified from time to time and they shall be deemed to be incorporated into this terms and conditions and shall be considered as part and parcel of this terms and conditions. You are solely responsible for firstly, understanding and secondly, complying with any and all laws, rules and regulations that may be applicable to you in connection with your use of the Services. These Terms and Conditions are the electronic record in terms of Information Technology Act, 2000 and its subsequent amendments. These terms and conditions are administered and governed by the Laws of India and rules and guidelines set by Reserve Bank of India, Financial institutes, Card Companies from time to time.
The indemnities provided herein shall survive the termination of India Online Pay Services.
Each party i.e. the sub-merchants and India Online Pay shall retain all ownership rights, title, and interest in and to its own products and services and all intellectual Property Rights therein, subject only to the rights and licenses specifically granted in writing.
India Online Pay and the Facility Providers shall not be liable for any failure to perform any of its obligations under these Terms and Agreement if the performance is prevented or hindered by a Force Majeure Event (defined below).
In case of addition of Business Associate/s, Business Associate” shall mean entity/Merchant referred or on-boarded by the Sub Merchant as per the terms and conditions and Agreement through a mandate letter the Sub Merchant shall give written instructions to India Online Pay in the format as specified by India Online Pay from time to time. Following terms should additionally apply to the arrangement of creating any sub- Id. The Sub Merchant will be allotted a main Merchant ID (MID) by India Online Pay. Through the agreement executed between the parties, the Sub Merchant will be able to enable the Business Associates to receive online payments from the end customers. For the said purpose India Online Pay has agreed to create sub- IDs for the Business associates of the Sub Merchant. The addition of any new Business associates shall be intimated by Sub Merchant to India Online Pay in the format specified by India Online Pay. India Online Pay shall make the pay-out of the Customer Charge after due deductions to the designated Bank account of the Sub Merchant or the Business Associate as directed by the Sub Merchant in writing. The Sub Merchant will provide the necessary documents of such business associates as per the requirements of India Online Pay. The Parties have agreed that all the terms and conditions, warranties, covenants addressed to Sub Merchant herein shall be equally applicable to the Business associates of the Sub Merchant. Any default, chargeback, refund, claim observed or received on Business Associates’ MID shall be the responsibility of the Sub Merchant. The Sub Merchant here by indemnify India Online Pay for the acts and omissions of the business Associates. To avail the facility of Sub- IDs the Sub Merchant must intimate India Online Pay in writing, India Online Pay reserves right to approve or reject the onboarding of Business Associate. Termination of this these Terms and Agreement will automatically terminate all the sub-ids.
The parties will endeavour to settle amicably by mutual discussion any disputes, differences or claims whatsoever related to these Terms and Agreement. If amicable settlement is failed, then the dispute shall be settled by arbitration. The Arbitration and Conciliation Act 1996 (and any subsequent amendment to this act) shall govern the arbitration proceedings. The arbitration shall be held in Mumbai, India. The arbitration language shall be English and the arbitration proceedings will be held before the sole Arbitrator appointed by mutual consent of both the parties. Any arbitration award will be final and binding on the parties, and judgment there on may be entered in any court of competent jurisdiction. These Terms and Agreement (including its jurisdiction clause) shall be governed by, construed and take effect in accordance with the laws of India. The court and courts of Mumbai shall alone have jurisdiction in all matters.