Welcome to spay!

These terms and conditions outline the rules and regulations for the use of Spay Fintech Pvt. Ltd.’s Website, located at https://spay.live.

By accessing this website we assume you accept these terms and conditions. Do not continue to use spay if you do not agree to take all of the terms and conditions stated on this page.

The following terminology applies to these Terms and Conditions, Privacy Statement and Disclaimer Notice and all Agreements: “Client”, “You” and “Your” refers to you, the person log on this website and compliant to the Company’s terms and conditions. “The Company”, “Ourselves”, “We”, “Our” and “Us”, refers to our Company. “Party”, “Parties”, or “Us”, refers to both the Client and ourselves. All terms refer to the offer, acceptance and consideration of payment necessary to undertake the process of our assistance to the Client in the most appropriate manner for the express purpose of meeting the Client’s needs in respect of provision of the Company’s stated services, in accordance with and subject to, prevailing law of Netherlands. Any use of the above terminology or other words in the singular, plural, capitalization and/or he/she or they, are taken as interchangeable and therefore as referring to same.

Cookies

We employ the use of cookies. By accessing spay, you agreed to use cookies in agreement with the Spay Fintech Pvt. Ltd.’s Privacy Policy.

Most interactive websites use cookies to let us retrieve the user’s details for each visit. Cookies are used by our website to enable the functionality of certain areas to make it easier for people visiting our website. Some of our affiliate/advertising partners may also use cookies.

License

Unless otherwise stated, Spay Fintech Pvt. Ltd. and/or its licensors own the intellectual property rights for all material on spay. All intellectual property rights are reserved. You may access this from spay for your own personal use subjected to restrictions set in these terms and conditions.

You must not:

  • Republish material from spay
  • Sell, rent or sub-license material from spay
  • Reproduce, duplicate or copy material from spay
  • Redistribute content from spay

This Agreement shall begin on the date hereof. Our Terms and Conditions were created with the help of the Free Terms and Conditions Generator.

Parts of this website offer an opportunity for users to post and exchange opinions and information in certain areas of the website. Spay Fintech Pvt. Ltd. does not filter, edit, publish or review Comments prior to their presence on the website. Comments do not reflect the views and opinions of Spay Fintech Pvt. Ltd.,its agents and/or affiliates. Comments reflect the views and opinions of the person who post their views and opinions. To the extent permitted by applicable laws, Spay Fintech Pvt. Ltd. shall not be liable for the Comments or for any liability, damages or expenses caused and/or suffered as a result of any use of and/or posting of and/or appearance of the Comments on this website.

Spay Fintech Pvt. Ltd. reserves the right to monitor all Comments and to remove any Comments which can be considered inappropriate, offensive or causes breach of these Terms and Conditions.

You warrant and represent that:

  • You are entitled to post the Comments on our website and have all necessary licenses and consents to do so;
  • The Comments do not invade any intellectual property right, including without limitation copyright, patent or trademark of any third party;
  • The Comments do not contain any defamatory, libelous, offensive, indecent or otherwise unlawful material which is an invasion of privacy
  • The Comments will not be used to solicit or promote business or custom or present commercial activities or unlawful activity.

You hereby grant Spay Fintech Pvt. Ltd. a non-exclusive license to use, reproduce, edit and authorize others to use, reproduce and edit any of your Comments in any and all forms, formats or media.

Hyperlinking to our Content

The following organizations may link to our Website without prior written approval:

  • Government agencies;
  • Search engines;
  • News organizations;
  • Online directory distributors may link to our Website in the same manner as they hyperlink to the Websites of other listed businesses; and
  • System wide Accredited Businesses except soliciting non-profit organizations, charity shopping malls, and charity fundraising groups which may not hyperlink to our Web site.

These organizations may link to our home page, to publications or to other Website information so long as the link: (a) is not in any way deceptive; (b) does not falsely imply sponsorship, endorsement or approval of the linking party and its products and/or services; and (c) fits within the context of the linking party’s site.

We may consider and approve other link requests from the following types of organizations:

  • commonly-known consumer and/or business information sources;
  • dot.com community sites;
  • associations or other groups representing charities;
  • online directory distributors;
  • internet portals;
  • accounting, law and consulting firms; and
  • educational institutions and trade associations.

We will approve link requests from these organizations if we decide that: (a) the link would not make us look unfavorably to ourselves or to our accredited businesses; (b) the organization does not have any negative records with us; (c) the benefit to us from the visibility of the hyperlink compensates the absence of Spay Fintech Pvt. Ltd.; and (d) the link is in the context of general resource information.

These organizations may link to our home page so long as the link: (a) is not in any way deceptive; (b) does not falsely imply sponsorship, endorsement or approval of the linking party and its products or services; and (c) fits within the context of the linking party’s site.

If you are one of the organizations listed in paragraph 2 above and are interested in linking to our website, you must inform us by sending an e-mail to Spay Fintech Pvt. Ltd.. Please include your name, your organization name, contact information as well as the URL of your site, a list of any URLs from which you intend to link to our Website, and a list of the URLs on our site to which you would like to link. Wait 2-3 weeks for a response.

Approved organizations may hyperlink to our Website as follows:

  • By use of our corporate name; or
  • By use of the uniform resource locator being linked to; or
  • By use of any other description of our Website being linked to that makes sense within the context and format of content on the linking party’s site.

No use of Spay Fintech Pvt. Ltd.’s logo or other artwork will be allowed for linking absent a trademark license agreement.

iFrames

Without prior approval and written permission, you may not create frames around our Webpages that alter in any way the visual presentation or appearance of our Website.

Content Liability

We shall not be hold responsible for any content that appears on your Website. You agree to protect and defend us against all claims that is rising on your Website. No link(s) should appear on any Website that may be interpreted as libelous, obscene or criminal, or which infringes, otherwise violates, or advocates the infringement or other violation of, any third party rights.

Your Privacy

Please read Privacy Policy

Reservation of Rights

We reserve the right to request that you remove all links or any particular link to our Website. You approve to immediately remove all links to our Website upon request. We also reserve the right to amen these terms and conditions and it’s linking policy at any time. By continuously linking to our Website, you agree to be bound to and follow these linking terms and conditions.

Removal of links from our website

If you find any link on our Website that is offensive for any reason, you are free to contact and inform us any moment. We will consider requests to remove links but we are not obligated to or so or to respond to you directly.

We do not ensure that the information on this website is correct, we do not warrant its completeness or accuracy; nor do we promise to ensure that the website remains available or that the material on the website is kept up to date.

Rolling and Reserve Amount Terms and Conditions

Introduction:

These Terms and Conditions govern the Rolling and Reserve Amount (referred to as “Reserve”) held by Spay Fintech Pvt Ltd for the protection of both parties involved in the payment gateway services.

Reserve Purpose:

The Reserve is established to cover potential chargebacks and other safety-related issues that may arise during the provision of payment gateway services. It serves as a safeguard to mitigate financial risks for both the Company and the merchant.

Amount and Calculation:

The Reserve amount will be determined by the Company based on various factors, including but not limited to transaction volume, business type, historical chargeback rates, and any other relevant risk factors. The Reserve will be a percentage of the total transaction volume or a fixed amount, as specified in the agreement between the Company and the merchant.

Refund Schedule:

The Reserve amount will be held for a period of 180 days from the date of the transaction. After the initial 180 days, the Reserve amount will be eligible for refund, subject to the conditions outlined in these Terms.

Refund Process:

Upon the completion of the 180-day holding period, the Reserve amount will be refunded to the merchant. Any additional chargebacks or safety-related issues that occur within the 180-day period will reset the refund timeline for the corresponding Reserve amount, initiating a new 180-day holding period. The refund process will be initiated within a reasonable time frame after the end of each 180-day period.

Cycling Process:

The cycling process will continue for subsequent chargebacks or safety-related issues, ensuring an ongoing Reserve mechanism for the protection of both parties.

Communication:

The Company will promptly notify the merchant of any chargebacks or safety-related issues that may affect the Reserve amount. Timely communication will be maintained throughout the entire process.

Modification of Terms:

The Company reserves the right to modify these Terms with prior notice to the merchant. It is the responsibility of the merchant to review and accept any changes to the Terms.

Termination of Agreement:

In the event of termination of the agreement between the Company and the merchant, the Reserve amount, if any, will be released in accordance with the terms specified herein.

Governing Law:

These Terms shall be governed by and construed in accordance with the laws of Maharashtra. Any disputes arising out of or in connection with these Terms shall be resolved through arbitration or as otherwise mutually agreed upon by the parties.

By accepting these Terms, the merchant acknowledges and agrees to abide by the conditions outlined herein for the Rolling and Reserve Amount.

Disclaimer

To the maximum extent permitted by applicable law, we exclude all representations, warranties and conditions relating to our website and the use of this website. Nothing in this disclaimer will:

  • limit or exclude our or your liability for death or personal injury;
  • limit or exclude our or your liability for fraud or fraudulent misrepresentation;
  • limit any of our or your liabilities in any way that is not permitted under applicable law; or
  • exclude any of our or your liabilities that may not be excluded under applicable law.

The limitations and prohibitions of liability set in this Section and elsewhere in this disclaimer: (a) are subject to the preceding paragraph; and (b) govern all liabilities arising under the disclaimer, including liabilities arising in contract, in tort and for breach of statutory duty.

As long as the website and the information and services on the website are provided free of charge, we will not be liable for any loss or damage of any nature.