Terms And Conditions

Your access and use of the Services constitutes your agreement to be bound by these Terms, which establishes a contractual relationship between you and PreIntelligence Research Tech. If you do not agree to these Terms, you may not access or use the Services.

DEFINITIONS :

Applicable Law :

  • Any statute, law, regulation, ordinance, rule, judgment, notification, order, decree, by-law, permits, licences, approvals, consents, authorisations, government approvals, directives, guidelines, requirements or other government restrictions, or any similar form of decision of, or determination by, or any interpretation, policy or administration, having the force of law of any of the foregoing, by any regulatory authority, whether in effect as on the date of you agreeing to be bound by these Terms or at any time after

    • Authority :

  • shall mean any judicial or quasi-judicial authority or any regulatory, statutory authority of any such territory where Services are being offered and shall include but not be limited to the Payment Partner, the Issuer, and any Facility Provider.

    • Card Payment Networks :

  • Payment Systems which are authorised by the RBI to be affiliated with banks, non-banking financial companies, or other RBI approved entities, for the issuance of inter alia credit cards, debit cards and prepaid cards

    • Dispute :

  • Dispute raised by a Customer pertaining to the Transaction

    • Payment Aggregation Services :

  • The facility to accept various Payment Instruments from the Customers for completion of their payment obligations without the need to create a separate payment integration system of their own
  • Payment Instrument includes credit card, debit card, bank account, Prepaid Payment Instrument, Unified Payment Interface (UPI), Immediate Payment Service (IMPS) or any other methods of payments which shall be developed or added or deployed by Facility Providers or financial institutions from time to time

    • 1) Payment System has the meaning ascribed to the term in the Payment and Settlement Systems Act, 2007

    2) Platform shall mean the PI-POS app and the PI-POS Website collectively

    3) RBI shall mean the Reserve Bank of India

    4) Services shall mean the Payment Aggregation Services and the PI-POS Services collectively.

    5) Transaction means an Order whereby the Transaction Amount is paid by the Customer through a Payment Instrument

    ELIGIBILITY CRITERIA :

  • You represent and warrant that you (a) have full legal capacity and authority to agree and bind yourself to these Terms; (b) are eighteen years of age or older; (c) have all requisite licences, registrations, rights, power, and authority in full force to enter into this Terms and Conditions. If you represent an entity, organisation, or any other legal person, you confirm and represent that you have the necessary power and authority to bind such entity, organisation, or legal person to these Terms.

    • PROFILE CREATION :

    1) In order to avail the Services, you will be required to create an account on the Platform by setting up a username and password which will be linked to your phone number and email address (“Account”)

    2) You agree that you shall implement reasonable measures to secure access to: (a) any device associated with the email address or phone number linked to your Account with the Platform; and (b) any device associated with the email address or phone number linked to your Account with the Platform; and

    3) You are responsible for maintaining the confidentiality of your username and password assigned during the Account registration process. You agree to immediately notify us of any disclosure or unauthorised use of your Account, or any other breach of security with respect to your Account

    4) We reserve the right to disable any password or any such other unique code which gives access or identifies your acts on the Platform if in our reasonable opinion you are in breach of any provision of the Terms.

    5) If you know or suspect that anyone other than you knows your password, you must cease using the same password, change your password immediately and promptly notify us as provided under clause 19.

  • You must ensure that you log out from your Account at the end of each session to prevent misuse of your Account.

    • 6) The Services provided whether or not as a collective work and/or compilation, are protected pursuant to the copyright laws, international conventions, and other intellectual property laws of the territory where the Services are performed. You may not modify, publish, transmit, participate in the transfer or sale of, reproduce (except as expressly provided in this Section 2), create derivative works based on, distribute, perform, display, or in any way exploit, any of the Content, software, materials, or Services in whole or in part.

    7) You expressly agree and consent to be liable and accountable for all activities that take place through your Account. We shall in no manner be held liable for any unauthorised Transaction, refund requests, Dispute requests through your Account due to unauthorised access including but not limited to hacking and security breaches.

    8) You agree to receive communications from us regarding: (i) information relating to Transactions on the Platform; (ii) Transaction Amount received; (iii) information about us and the Services; (iv) promotional offers and services from us and our third-party partners; and (v) any other matter in relation to the Services.

    Payment Aggregation Services :
  • PI-POS has partnered with the Payment Partner to facilitate payments via the Platform. The processing of payments will be subject to the Payment Partner Terms in addition to these Terms. PI-POS shall not be liable for any action or inactions by the Payment Partner. In the event of any unsuccessful payments, the money so debited shall be credited back to the source account in accordance with the Payment Partner Terms available here.
  • You hereby agree that all Transaction Amounts collected by the Payment Partner shall be settled with you in accordance with the Payment Partner Terms.
  • Should you or the Customer have any queries, concerns, questions, or grievances, pertaining to the Payment Aggregation Services availed please reach out to PI-POS.com.

    • Access to Services :

    (a) Access to the features of the Services may depend upon the subscription plan you have subscribed to. The features, functionalities, and fees applicable for each Service or under each subscription plan differ. To understand the different Services and subscription plans offered by PI-POS and the features provided under the same please refer to our plans. Further, you agree that we reserve the right to enable and/or disable certain features for you.

    (b) You acknowledge and agree that we may have to modify the Services to comply with the Applicable Laws. As a result of this, you may be unable to access or use all or any part of the Services. We shall not be liable to you for such inability to use the Services pursuant to our compliance with the Applicable Laws.

    Third-Party Services :

    (a) The Services may include services, content, documents, and information owned by, licensed to, or otherwise made available by a third-party (“Third-Party Services”), and may also include links to Third-Party Services. You understand and acknowledge that Third-Party Services are the responsibility of the third-party that created or provided it and acknowledge that use of such Third-Party Services is solely at your own risk.

    (b) We make no representations and disclaim all warranties and liabilities arising out of or pertaining to such Third-Party Services, including their accuracy or completeness. Should you avail a Third-Party Service, you shall be governed and bound by the terms and conditions and privacy policy of the third parties providing the Third-Party Services. Further, all intellectual property rights in and to Third-Party Services are the property of the respective third parties.

    Underwriting :

    1. You may be required to undertake certain underwriting processes with us in order to avail the Services. In this regard, we may (or under the instructions of our Payment Partner) require you to upload documents and information (“Underwriting Documents”) that may be necessary to ascertain your eligibility to avail the Services, including Payment Aggregation Services.

    2. You authorise us, and any third-party service provider we may engage with, to process Underwriting Documents and ascertain your eligibility. Any processing that we undertake shall be in accordance with our Privacy Policy. You agree that such processing may be subject to additional terms of service in the event a third-party processes information under this clause.

    3. Further, during the Term we reserve the right to seek any additional information, data, or documentation (collectively, “Additional Information”) which may be required to determine your eligibility to avail the Services or for the continued use of Services. You agree to share such Additional Information promptly upon request, and further authorise us to process such Additional Information.

    4. You agree and warrant to provide true, complete, and up-to-date Underwriting Documents and Additional Information. If the information provided by you, in our sole discretion, is unreliable or appears to be fraudulent or deficient, then we reserve the right to not provide you the Services, including the Payment Aggregation Services on the Platform. If we discover any deficiency in the information provided by you on a later date, then we may suspend the Account you hold with us, and the Payment Partner reserves the right to (i) settle all pending Transaction Amounts with you; or (ii) return the pending Transaction Amounts to the Customers; or (iii) hold on to the pending Transaction Amounts for further investigation.

    PI-POS Rights :

  • Right to suspend Users Account
  • Right to collect, store and share information
    • Your Responsibilities :
  • 1. You represent and warrant that all information that you provide on the Platform or in relation to the Services is complete, true, and correct on the date of agreeing to these Terms and shall continue to be complete, true, and correct while you avail the Services. We do not accept any responsibility or liability for any loss or damage that you may suffer or incur if any information, documentation, material, or data provided to avail the Services is incorrect, incomplete, inaccurate, or misleading, or if you fail to disclose any material fact.
  • 2. During the Term and thereafter, you agree that you will not disparage us or any of our affiliates in any way which could adversely affect our or any of our affiliates' goodwill, reputation and business relationships with the public generally, or with any of our customers, suppliers or employees.
  • 3. You shall extend all cooperation to us, in our defence of any proceedings that may be initiated against us due to a breach of your obligations or covenants under these Terms.
  • 4. You shall not use the Services in any manner except as expressly permitted in these Terms. Without limiting the generality of the preceding sentence, you may not: