Hello User. Sign in. Sign Out. My Account. My Reads For You View Less -. CryptoCurrencies View Less -. Elections Mint Premium View Less -.

Tools and Calculators. EMI Calculator Home Loan EMI Calculator Car Loan EMI NPS Calculator View Less -. Podcasts View Less -. Terms of Use Disclaimer Mint Code Code of ethics Cookie Policy Privacy Policy Subscriber - Terms of Use SITEMAP Contact Us Mint Apps View Less -.

Ranjani Raghavan 2 min read 25 Feb , PM IST. Razorpay Razorpay is the only payments solution in India which allows businesses to accept, process and disburse payments with its product suite. Show all 3 Razorpay sites. Sort by: Popularity with Bonus Offers First Popularity Only Name Listings Per Page: 10 25 Sort by: Popularity with Bonus Offers First Popularity Only Name.

About Us Advertising Publications Land Casinos. Due to Germany legislation: German residents can no longer use prepaid cards to fund their accounts and game restrictions apply. Casino City is an independent directory and information service free of any gaming operator's control. Warning: You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager.

There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet. Do not assume that Internet gaming sites are in compliance with the rules and regulations of every jurisdiction from which they accept players.

Here are the benefits of using Razorpay as a withdrawal method:. While Razorpay is a reliable and convenient payment gateway for online casino players, it's always good to have backup options.

Here are a few payment gateways that offer similar services:. Razorpay is a fast, secure, and reliable banking option for online casino players in India. It ensures quick deposits and withdrawals and charges minimal transaction fees.

With Razorpay, players can enjoy a seamless online casino experience with easy and convenient payment options. While it's always advisable to have backup payment options, Razorpay is undoubtedly one of the best payment gateways currently available for Indian casino players.

Yes, some online casinos accept Razorpay as a payment method for deposits. However, not all online casinos offer this option. Yes, Razorpay follows strict security protocols and uses encryption technology to protect financial transactions.

Always ensure that you are using a secure internet connection and a reputable online casino to ensure the safety of your transactions. It depends on the online casino and their policies. Some casinos may charge a fee for using Razorpay, while others may offer it as a free payment option.

Deposits made using Razorpay are usually credited to your casino account instantly, meaning you can start playing your favorite games immediately. No, Razorpay does not currently offer a withdrawal option. You will need to use an alternative payment method to withdraw your winnings from your online casino account.

Yes, you will need to complete a one-time verification process to use Razorpay at online casinos. This may involve submitting identification documents and verifying your mobile number and email address. Drift Casino Deposit Methods: Perfect Money Monero Bitcoin Maestro Dash and more

The Merchant understands that the provision of Online Services by Razorpay You acknowledge and agree that all references to “Razorpay” shall mean the Razorpay Online Food Ordering, Y. , restaurant, Restaurants, Y. , food_court, Food Courts Online Casino, N. , fantasy_sports, Fantasy Sports, N. Razorpay, India's leading payment gateway provider has informed the online gaming platforms that UPI payment option will be discontinued

Razerpay online casino - Are you looking for the highest-rated online casino that accepts RazorPay? We have listed the top RazorPay casinos here! The Merchant understands that the provision of Online Services by Razorpay You acknowledge and agree that all references to “Razorpay” shall mean the Razorpay Online Food Ordering, Y. , restaurant, Restaurants, Y. , food_court, Food Courts Online Casino, N. , fantasy_sports, Fantasy Sports, N. Razorpay, India's leading payment gateway provider has informed the online gaming platforms that UPI payment option will be discontinued

A gamer can collect their winnings after completing a game against an opponent. This means, it is not a continuous, cumulative victory, but a timed one. The gamer does not have to accumulate a certain number of points to collect their winnings.

This means they might as well collect their winnings after the conclusion of each and every game. Essentially, rewarding the winner is considered a payout, a customer payout in particular.

And, most of the time, there are many problems associated with making payouts traditionally. This is exactly why online gaming companies need a better solution so they can make timely payouts and ensure that gamers get their winnings instantly. Payouts helps automate the process of making payments to the winners, getting rid of manual intervention.

Want to take Payouts for quick a test drive before you sign up? Check out the Payouts demo and learn to make a payout in 4 simple steps!

So, how can they make sure the winners are awarded? A Payout Link can be created on the RazorpayX dashboard. If there is a need for multiple Payout Links, APIs can be used. Upon sending the Payout Link to the winner, all they have to do is verify themselves via OTP and enter their preferred bank account or UPI ID.

On successful entry of their account details, they receive their refund almost immediately. They will also be notified if there is an error with the account details they have provided, so they can re-enter the details or try with a different account.

With RazorpayX, gaming companies need not make the winners wait for 5 to 7 business days to collect their winnings. Harshitha is a marketer at the future-forward RazorpayX.

She has an insatiable love for travel and culture, rock music, and the work of Neil Gaiman. Emily "VegasMuse" Thompson is a seasoned online casino enthusiast from down under. With a keen eye for details and an inherent knack for strategizing, she has turned her passion for the online casino world into a successful writing career.

To deposit funds using RazorPay at an online casino, you first need to select RazorPay as your payment method on the casino's deposit page. Then, you will be redirected to the RazorPay payment gateway where you can enter your payment details and complete the transaction.

Once the payment is successful, the funds will be credited to your casino account almost instantly, allowing you to start playing your favorite games right away. The minimum deposit amount when using RazorPay at online casinos can vary depending on the specific casino's terms and conditions.

It is recommended to check the casino's deposit page or contact their customer support to find out the minimum deposit amount required when using RazorPay as a payment method. Typically, online casinos do not charge any fees for depositing funds using RazorPay.

However, it is important to note that RazorPay may have its own fees or charges for processing payments. It is advisable to check with RazorPay directly or review their terms and conditions to understand any potential fees associated with using their services for online casino deposits.

In most cases, funds deposited using RazorPay at online casinos are credited to your casino account almost instantly. However, there may be rare instances where delays occur due to technical issues or other factors.

If you experience any delays in the crediting of funds to your account, it is recommended to contact the casino's customer support for assistance.

Unfortunately, RazorPay does not support withdrawals from online casinos. Therefore, if you have deposited funds using RazorPay, you will need to choose an alternative withdrawal method such as bank transfer, e-wallet, or other available options offered by the casino to cash out your winnings.

Withdrawal limits at online casinos can vary depending on the specific casino's policies and terms. It is advisable to review the casino's withdrawal terms and conditions or contact their customer support to understand any limits that may apply when withdrawing funds using RazorPay or any other payment method.

Guide on How to Use RazorPay Conclusion. No matches found, please try:. Sol review. Get your bonus. Get your bonus Sol review. Unbeatable Bonuses Top-Tier Software Providers Smooth Navigation.

Get your bonus 1Bet review. Casombie review. Get your bonus Casombie review. Written by Emily Thompson Writer. Researched by Priya Patel Researcher. How We Rate and Rank Casinos with RazorPay Deposits and Withdrawals In evaluating online casinos with RazorPay as a payment method, the CasinoRank team leverages its expertise to ensure a thorough and reliable assessment process.

Safety When assessing casinos that offer RazorPay as a payment method, we prioritize safety and security measures. Registration process The registration process at online casinos utilizing RazorPay is a key factor in our evaluation.

User-friendly platform A user-friendly platform is essential for a positive gaming experience. Range of trusted payment options In addition to RazorPay, we also consider the availability of other trusted payment options at online casinos.

Portfolio of games The variety and quality of games available at online casinos with RazorPay deposits and withdrawals are crucial aspects of our evaluation. Customer support Customer support is another important factor in our assessment of online casinos. About RazorPay RazorPay is a popular payment method that originated in India and has gained significant traction in the online casino industry due to its ease of use and secure transactions.

It is crucial for casino players to understand how to make deposits and withdrawals efficiently. Verification and KYC for new users of RazorPay To create an account with RazorPay and start using it for online casino transactions, you will need to go through a verification process.

Online casino deposits with RazorPay Step 1: Log in to your online casino account. Step 2: Navigate to the cashier or banking section. Step 3: Select RazorPay as your preferred payment method. Step 4: Enter the amount you wish to deposit.

Step 5: You will be redirected to the RazorPay payment gateway. Step 6: Choose your bank or card linked to your RazorPay account. Here are the benefits of using Razorpay as a withdrawal method: Instant Withdrawals: Razorpay ensures speedy withdrawals of winnings from an online casino account.

No Minimum Withdrawal Limit: With Razorpay, there is no minimum withdrawal limit. Players can withdraw whatever amount they have won. No Withdrawal Fees: Razorpay charges no fees for withdrawals, ensuring that players receive their full winnings.

Razorpay Alternatives While Razorpay is a reliable and convenient payment gateway for online casino players, it's always good to have backup options. Here are a few payment gateways that offer similar services: Neteller: Neteller is a popular e-wallet that allows players to make fast and secure transactions in casinos.

It's widely accepted and has a low processing fee. Skrill: Skrill is another popular e-wallet that operates in the same manner as Neteller.

It offers fast and secure payments to casino accounts. Paysafe Card: Paysafe Card allows players to deposit funds into an online casino account anonymously without revealing their financial or personal information.

It's a great option for players who value privacy. Conclusion Razorpay is a fast, secure, and reliable banking option for online casino players in India. What is Razorpay? Can I use Razorpay to deposit funds at online casinos? Is Razorpay a safe and secure payment method to use at online casinos?

What types of payments can I make using Razorpay? Are there any fees for using Razorpay at online casinos? How long does it take for deposits to be credited to my casino account using Razorpay? Can I withdraw my winnings using Razorpay?

Video

The key function that a self-respected online casino must perform flawlessly is money transactions. Paytm, MobiKwik, Razorpay, etc. are some Razorpay is an online payment gateway founded in by Shashank Kumar and Harshil Mathur. The platform enables merchants to accept payments via various Home Classic Online education platform · Home Creative Full E-learning Forgot Password? © Razorpay Academy · Powered by WordPress. To the top ↑ Up: Razerpay online casino

For any loan cancellation requests, You need to onlinne to Razorpay within 7 onlone days with raserpay suitable response. Payment Aggregation Services You agree that the fees razerpya be jackpot island casino razerpaay to the manner, rates jackpot island casino ruby slots codes determined by Onlihe. Buying a cryptocurrency is a caino on its own, and if you happen to have some and you would like to use it on betting sites, make sure that they accept your crypto. Notwithstanding anything to the contrary, Razorpay shall have the right to immediately suspend Services and settlement of any monies or payments to You, without any liability to You, in the event of the following:. Cricket Tips Betting Apps Cricket Betting India Casinos. Explore Banking Suite Pricing Resources Partners Support. Take the next step in your online gaming journey and explore our top list of recommended online casinos with RazorPay as a payment option.	The process is expected to take months, pending approvals from US regulators over tax and Indian regulators such as RBI. Casombie: Free Spins. RazorpayX Payouts Payouts helps automate the process of making payments to the winners, getting rid of manual intervention. You agree that the fees shall be charged according to the manner, rates and frequency determined by Razorpay. Upon any change, Your continued use of the Services and ancillary services constitutes acceptance of the changes and an agreement to be bound by Terms, as amended.	The Merchant understands that the provision of Online Services by Razorpay You acknowledge and agree that all references to “Razorpay” shall mean the Razorpay Online Food Ordering, Y. , restaurant, Restaurants, Y. , food_court, Food Courts Online Casino, N. , fantasy_sports, Fantasy Sports, N. Razorpay, India's leading payment gateway provider has informed the online gaming platforms that UPI payment option will be discontinued	The new GST rates for online fantasy gaming have shaken up the entire industry. Wondering what exactly happened? Here's a detailed breakdown The key function that a self-respected online casino must perform flawlessly is money transactions. Paytm, MobiKwik, Razorpay, etc. are some Co-founder Shashank Kumar said the payment gateway company plans to expand in Southeast Asia and West Asia this year	Details about Razorpay, including 3 online casino, poker and gambling sites that accept Razorpay Online gaming companies need unique payment solutions to disburse winnings to gamers instantly. RazorpayX Payouts & Payout Links help solve Are you looking for the highest-rated online casino that accepts RazorPay? We have listed the top RazorPay casinos here!
Jackpot island casino Razepray Account shall carry the nomenclature of the onlinw business for which it is in operation. onlkne You use onlie Services for best ncaab bets today transactions which have a high-risk www sure prediction com as per Razorpay's caskno fraud assessment razerpay online casino and other policies. Get your bonus Casombie review. You represent and warrant that i You shall during the entire term of the usage of the Services, implement, observe and comply with applicable requirements prescribed under Applicable Law including but not limited to the provisions of the Payment Aggregator Guidelines. It is to be clarified that in the event the Merchant deactivates or returns a particular Device or set of Devices, before the expiry of the Lock-in period, Merchant shall make a one-time payment to Razorpay POS of an amount equivalent to the remaining rental or fees as applicable for the unexpired duration of the Lock-in Period for such Devices. To check if a casino accepts Razorpay, you need to visit its banking section or contact customer support.	For any loan cancellation requests, You need to respond to Razorpay within 7 working days with a suitable response. Are there any fees for using Razorpay at online casinos? Your interaction with any third party accessed through the Website is at your own risk, and Razorpay will have no liability with respect to the acts, omissions, errors, representations, warranties, breaches or negligence of any such third parties or for any personal injuries, death, property damage, or other damages or expenses resulting from your interactions with the third parties. iii You shall at no time hold, store, copy or keep any customer data relating to a customer's Payment Instrument and shall notify in writing to Razorpay without any delay if You suspect or have become aware of a possible security breach related to any customer data. Subscribe to continue This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp.	The Merchant understands that the provision of Online Services by Razorpay You acknowledge and agree that all references to “Razorpay” shall mean the Razorpay Online Food Ordering, Y. , restaurant, Restaurants, Y. , food_court, Food Courts Online Casino, N. , fantasy_sports, Fantasy Sports, N. Razorpay, India's leading payment gateway provider has informed the online gaming platforms that UPI payment option will be discontinued	Co-founder Shashank Kumar said the payment gateway company plans to expand in Southeast Asia and West Asia this year Gaming/gambling which includes lottery tickets, sports bets, memberships/ enrolment in online gambling sites, and related content; Razorpay for Razorpay's The new GST rates for online fantasy gaming have shaken up the entire industry. Wondering what exactly happened? Here's a detailed breakdown	The Merchant understands that the provision of Online Services by Razorpay You acknowledge and agree that all references to “Razorpay” shall mean the Razorpay Online Food Ordering, Y. , restaurant, Restaurants, Y. , food_court, Food Courts Online Casino, N. , fantasy_sports, Fantasy Sports, N. Razorpay, India's leading payment gateway provider has informed the online gaming platforms that UPI payment option will be discontinued
Unibet promo code free spins information. And, most of the time, there are many problems raazerpay with making payouts cadino. e You razerpay online casino consent Razorpay to use jackpot island casino process any type of data shared by You for the provision of the Optimizer Services. Accurately Calculate the Compounded Growth for your Business or Investment. Miracle cures which includes unsubstantiated cures, remedies or other items marketed as quick health fixes; You will not copy or transmit any of the Services.	Simplify your business incorporation journey. Take the next step in your online gaming journey and explore our top list of recommended online casinos with RazorPay as a payment option. You hereby agree that Razorpay may contact You either electronically or through phone, to understand Your interest in the selected products and Services and to fulfil Your demand or complete Your application. Know More. App Store. You are responsible for maintaining the secrecy of Your passwords, login and account information. Cable descramblers and black boxes which includes devices intended to obtain cable and satellite signals for free;.	The Merchant understands that the provision of Online Services by Razorpay You acknowledge and agree that all references to “Razorpay” shall mean the Razorpay Online Food Ordering, Y. , restaurant, Restaurants, Y. , food_court, Food Courts Online Casino, N. , fantasy_sports, Fantasy Sports, N. Razorpay, India's leading payment gateway provider has informed the online gaming platforms that UPI payment option will be discontinued	Online Payments India: Start Accepting Payments Instantly with Razorpay's Payment suite, which Supports Netbanking, Credit card & Debit Cards, UPI, etc Duration Co-founder Shashank Kumar said the payment gateway company plans to expand in Southeast Asia and West Asia this year	The new GST rates for online fantasy gaming have shaken up the entire industry. Wondering what exactly happened? Here's a detailed breakdown Razorpay is an online payment gateway founded in by Shashank Kumar and Harshil Mathur. The platform enables merchants to accept payments via various Razorpay is a fast, secure, and reliable banking option for online casino players in India. It ensures quick deposits and withdrawals and charges minimal

Razerpay online casino - Are you looking for the highest-rated online casino that accepts RazorPay? We have listed the top RazorPay casinos here! The Merchant understands that the provision of Online Services by Razorpay You acknowledge and agree that all references to “Razorpay” shall mean the Razorpay Online Food Ordering, Y. , restaurant, Restaurants, Y. , food_court, Food Courts Online Casino, N. , fantasy_sports, Fantasy Sports, N. Razorpay, India's leading payment gateway provider has informed the online gaming platforms that UPI payment option will be discontinued

Such obligations shall be Your sole responsibility. You shall forthwith inform us in writing if this declaration becomes untrue during any period of Your use of the Services.

Capitalised terms used here but not defined shall have the meaning ascribed to them in the KYC Guidelines issued by the RBI, as amended from time to time. Razorpay shall adhere to best industry practices including information security, data protection and privacy law while processing such applications.

However, Razorpay shall not be liable to You against any liability or claims which may arise out of such transactions as any such PI is being collected, used, processed and shared with Your explicit consent.

You shall be solely liable for any damages resulting from any violation of the foregoing restrictions, or any other harm resulting from Your posting of content to this Website. a You are duly incorporated or established under the laws of Your jurisdiction and have all requisite power and authority to own and operate Your business.

b You have the full legal capacity and power to enter into, exercise Your rights under, and perform Your obligations under these Terms. d You have duly accepted these Terms, which form a legal, valid and binding obligation, enforceable in accordance with its clauses. e You do not, and shall not, engage in any activity related to virtual currency, cryptocurrency and other crypto products like non-fungible tokens or NFTs , prohibited investments for commercial gain or credits that can be monetized, re-sold or converted to physical or digital goods or services or otherwise exit the virtual world.

b Your use of the Services corresponds to those activities under the categories. You have expressly registered for at the time of entering into these Terms and as set out in Your onboarding form on the Razorpay dashboard or as otherwise approved in writing by Razorpay.

c You shall not resell or assign the Services, in whole or in part, or otherwise allow the use of the Services by any third parties or Your affiliates. You acknowledge that the Services are of complex nature and require the intervention of the Facility Providers.

You acknowledge and agree that Razorpay shall only be liable for acts or omissions which are solely and directly attributable to Razorpay. It is hereby clarified that any Server to Server S2S integration, if done, shall be solely for the purpose of availing the Services and intended to be used or accessed only by You.

You shall retain records relating to transactions for a period of 10 ten years from the relevant date of the order placed on Your site. Applicable fees for the provision of Services shall be levied by Razorpay from time to time.

You agree that the fees shall be charged according to the manner, rates and frequency determined by Razorpay. Razorpay reserves the right to update the amount of the fees charged at its sole discretion. Fees are exclusive of applicable taxes and Razorpay will charge such applicable taxes on the fees from time to time.

You agree that any statutory variations in applicable taxes during the subsistence of these Terms shall be borne by You. We will raise monthly invoices in respect of fees charged for Services provided during such months.

Invoices are available on the dashboard on a monthly basis. Any dispute in respect of an invoice must be communicated by You to Us via a notice no later than ten 10 days from the date of the invoice. Razorpay shall use good faith efforts to reconcile any reasonably disputed amounts.

You shall be responsible to do reconciliation on a daily basis for all the transactions processed. In case of discrepancies, You shall report to Razorpay regarding such discrepancy within three 3 working days.

For fees deducted upfront before provision of the specific Service, it is agreed that if You deposit applicable taxes under Section H of the Income Tax Act, in respect of invoices received by You and furnish to Razorpay Form A in respect of such taxes paid, then Razorpay shall reimburse to You, on a quarterly basis, the amount in respect of such taxes paid.

In all other cases, with respect to invoices received by You, at the time of payment of the Fees, You will withhold applicable taxes under Section H of the Income Tax Act, in case LTDC is provided as per the LTDC issued.

You shall deposit the withheld taxes with the government treasury, file the statutorily mandated returns and furnish the requisite tax deduction certificate Form A to Razorpay within the timelines prescribed so as to enable Razorpay to obtain full credit for the taxes deducted at source.

You shall be solely responsible for updating Your GST registration number on the Razorpay dashboard before Razorpay generates the invoice and shall also submit the GST certificate as part of KYC. Razorpay will raise a GST tax invoice and report the transactions in the GST returns based on the information provided by You.

The GST returns will be filed as per the statutory timelines, to enable You to avail appropriate input tax credit. Razorpay shall not be responsible for any mistake and or misrepresentation by You in updating the GST number and other particulars as per the GST certificate.

Further, any liability raised on Razorpay by the GST authorities due to incorrect information provided by You or deliberate withholding of any statutory information by You shall be recovered by Razorpay from You.

By using the Website, You hereby consent to the use of Your information as we have outlined in our Privacy Policy. This Website may provide links to other websites or resources.

Since Razorpay has no control over such third-party websites and resources, You acknowledge and agree that Razorpay is not responsible for the availability of such external sites or resources, and does not endorse and is not responsible or liable for any content, advertising, products or other materials on or available from such sites or resources.

You further acknowledge and agree that Razorpay shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services available on or through any such site or resource.

Your interaction with any third party accessed through the Website is at your own risk, and Razorpay will have no liability with respect to the acts, omissions, errors, representations, warranties, breaches or negligence of any such third parties or for any personal injuries, death, property damage, or other damages or expenses resulting from your interactions with the third parties.

The terms and conditions can be accessed here. Razorpay warrants that the Service s shall be provided materially in accordance with the services documentation available on the Website. Razorpay warrants that the Service s will perform in all material respects in accordance with these Terms.

You acknowledge that Razorpay does not warrant that the Service s s will be uninterrupted or error free or fit for Your specific business purposes. Razorpay including its officers, directors, employees, representatives, affiliates, and providers will not be responsible or liable for a any injury, death, loss, claim, act of God, accident, delay, or any direct, special, exemplary, punitive, indirect, incidental or consequential damages of any kind including without limitation lost profits or lost savings , whether based in contract, tort, strict liability or otherwise, that arise out of or is in any way connected with i any failure or delay including without limitation the use of or inability to use any component of the Website , or ii any use of the Website or content, or iii the performance or non-performance by Us or any Facility Provider, even if we have been advised of the possibility of damages to such parties or any other party, or iv any damages to or viruses that may infect Your computer equipment or other property as the result of Your access to the Website or Your downloading of any content from the Website.

The Website may provide links to other third-party websites. However, since Razorpay has no control over such third-party websites, You acknowledge and agree that Razorpay is not responsible for the availability of such third-party websites and does not endorse and is not responsible or liable for any content, advertising, products or other materials on or available from such third-party websites.

You further acknowledge and agree that Razorpay shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services available on or through any such third-party websites.

Such third-party websites may have separate terms and conditions and privacy policy, and which are independent of Razorpay and therefore, we advise You to read the terms and conditions available on such websites before You access any such third-party website.

You agree to indemnify and hold Razorpay and its officers, affiliates, group company, directors, agents and employees harmless from any and against all claims, whether or not brought by third parties, causes of action, demands, recoveries, losses, damages, fines, penalties or other costs or expenses of any kind or nature, including reasonable attorneys' fees, or arising out of or related to Your breach of these Terms, your violation of any Applicable Laws or the rights of a third party, or Your use of the Website or any disputes between You and any third party.

Any failure or delay by Razorpay to enforce or exercise any provision of these Terms, or any related right, shall not constitute a waiver by Razorpay of that provision or right. Any waiver of any provision shall only be effective if made in writing and executed by a duly authorized officer of Razorpay.

Government officials include any government employee, candidate for public office, an employee of government-owned or government—controlled companies, public international organisations and political parties.

You also agree not to give, offer, pay, promise or authorise to give or pay, directly, indirectly or through any other person, of anything of value to anybody for the purpose of inducing or rewarding any favourable action or influencing any decision in Your favour.

Razorpay may assign its rights and duties under these Terms without any such assignment being considered a change to the Terms and without any notice to You.

If we fail to act on your breach or anyone else's breach on any occasion, we are not waiving our right to act with respect to future or similar breaches.

Additional terms applicable to the Services provided by Razorpay or its affiliates are as under:. a The laws of India, without regard to its conflict of laws, rules, will govern these Terms, as well as Your and Our observance of the same.

If You take any legal action relating to Your use of the Website or these Terms, You agree to file such action only in the courts located in Bangalore, India.

In any such action that We may initiate, the prevailing party will be entitled to recover all legal expenses incurred in connection with the legal action, including but not limited to costs, both taxable and non-taxable, and reasonable attorney fees.

You acknowledge that You have read and have understood these Terms, and that these Terms have the same force and effect as a signed agreement. This clause shall survive termination of the Terms. b Without prejudice to any other rights or remedies Razorpay may have, You hereby agree and confirm that Razorpay shall have the right to set-off by whatever means the whole or any part of Your liability to Razorpay under these Terms or any other agreement between You and Razorpay or its affiliates against any funds, sums or other amounts credited to, or owing to, You under these Terms or any other agreement between You and Razorpay or its affiliates.

You agree that Razorpay may exercise the right of set-off at any time, without any prior notice to You. In the event such set-off does not fully reimburse Razorpay for the liability owed, You shall pay Razorpay a sum equal to any shortfall thereof.

d Razorpay reserves the right to make changes to the Website, related policies and agreements, these Terms and the Privacy Policy at any time as it deems fit and proper, including but not limited to comply with changes in law or regulation, correct inaccuracies, omissions, errors or ambiguities, reflect changes in the process flow, scope and nature of the Services and ancillary services, company reorganization, market practice or customer requirements.

Upon any change, Your continued use of the Services and ancillary services constitutes acceptance of the changes and an agreement to be bound by Terms, as amended. If You do not agree to the changes, You may please discontinue Your use of the Services.

Some of the Services may be supported by advertising revenue and may display advertisements and promotional material. These advertisements may be targeted to the content of information stored on the Services, queries made through the Services or other information.

The manner, mode and extent of advertising by Razorpay are subject to change without any specific notice to You. In consideration for Razorpay granting You access to and use of the Services, You agree that Razorpay may place such advertisements on the Services through Website, print media, electronic media, and social media advertising platforms etc.

e Razorpay is of the opinion that there are suspicious circumstances surrounding Your activities. f Razorpay is of the opinion that there are pending, anticipated, or excessive disputes, refunds, or reversals relating to Your use of Services.

i Razorpay in its sole discretion determines that Your activities expose Razorpay to risks which are unacceptable to Razorpay. j Razorpay in its sole discretion is required to do so due to regulatory changes impacting the Services. We may terminate these Terms or close your Razorpay account at any time for any reason including, without limitation, for any activity that may create harm or loss to the goodwill of Razorpay.

Where Applicable Laws requires advance notice of termination to be provided, we will, prior to termination, provide You with the required advance notice of termination.

Termination does not immediately relieve You of obligations incurred by You under these Terms. Upon termination, You agree to stop using the Services.

Your continued or renewed use of the Services after termination serves to renew Your consent to the Terms. In addition, upon termination You understand and agree that We will not be liable to You for compensation, reimbursement, or damages related to Your use of the Services, or any termination or suspension of the Services or deletion of Your information or account data; and You will still liable to us for any fees or fines, or other financial obligation incurred by You or through Your use of the Services prior to termination.

Alcohol which includes alcohol or alcoholic beverages such as beer, liquor, wine, or champagne;. Bulk marketing tools which includes email lists, software, or other products enabling unsolicited email messages spam ;. Cable descramblers and black boxes which includes devices intended to obtain cable and satellite signals for free;.

Child pornography which includes pornographic materials involving minors;. Copyright unlocking devices which includes Mod chips or other devices designed to circumvent copyright protection;.

Copyrighted media which includes unauthorized copies of books, music, movies, and other licensed or protected materials;. Copyrighted software which includes unauthorized copies of software, video games and other licensed or protected materials, including OEM or bundled software;.

Counterfeit and unauthorized goods which includes replicas or imitations of designer goods; items without a celebrity endorsement that would normally require such an association; fake autographs, counterfeit stamps, and other potentially unauthorized goods;.

Drugs and drug paraphernalia which includes illegal drugs and drug accessories, including herbal drugs like salvia and magic mushrooms;.

Drug test circumvention aids which includes drug cleansing shakes, urine test additives, and related items;. Endangered species which includes plants, animals or other organisms including product derivatives in danger of extinction;.

Government IDs or documents which includes fake IDs, passports, diplomas, and noble titles;. Hacking and cracking materials which includes manuals, how-to guides, information, or equipment enabling illegal access to software, servers, website, or other protected property;.

Illegal goods which includes materials, products, or information promoting illegal goods or enabling illegal acts;. Miracle cures which includes unsubstantiated cures, remedies or other items marketed as quick health fixes;. Offensive goods which includes literature, products or other materials that: a Defame or slander any person or groups of people based on race, ethnicity, national origin, religion, sex, or other factors; b Encourage or incite violent acts; or c Promote intolerance or hatred.

Offensive goods, crime which includes crime scene photos or items, such as personal belongings, associated with criminals;. Pyrotechnic devices, combustibles, corrosives and hazardous materials which includes explosives and related goods; toxic, flammable, and radioactive materials and substances;.

Securities which includes government bonds or related financial products;. Tobacco and cigarettes which includes cigarettes, cigars, chewing tobacco, and related products;.

Weapons which includes firearms, ammunition, knives, brass knuckles, gun parts, and other armaments;. Wholesale currency which includes discounted currencies or currency exchanges;. of animals;. Any product or service which is not in compliance with all applicable laws and regulations whether federal, state, local or international, including the laws of India;.

Businesses or website that operate within the scope of laws which are not absolutely clear or are ambiguous in nature e. Web-based telephony, Website supplying medicines or controlled substances, website that promise online match-making ;. Businesses out rightly banned by law e. Virtual currency, cryptocurrency and other crypto products like non-fungible tokens or NFTs , prohibited investments for commercial gain or credits that can be monetized, re-sold or converted to physical or digital goods or services or otherwise exit the virtual world;.

Activities prohibited by the Telecom Regulatory Authority of India;. The Subscription Term shall automatically renew for a successive Subscription Term s. Razorpay reserves the right to update or revise the SaaS Fees at its sole discretion without prior intimation to You. Razorpay may, in its sole discretion, make any changes to any SaaS Offerings that it deems necessary or useful to:.

Maintain or enhance i the quality or delivery of the SaaS Offerings; ii the competitive strength of, or market for, the SaaS Offerings; iii cost efficiency or performance of the SaaS Offerings.

During the Subscription Term, You will receive a non-exclusive, non-assignable, non-sublicensable right to access and use the SaaS Offerings solely for Your internal business operations subject to the terms of these terms.

For these specific services, the following definitions shall also apply:. Subject to Terms and Clause 2 of these specific terms, Razorpay will provide the specific services mentioned in these specific terms in the manner set forth below.

You acknowledge that the current account services which are provided by scheduled banks in partnership with Razorpay shall not form a part of the scope of any Services under these specific terms.

Designation of Customer Identifier: Upon Your acceptance of the Terms including these specific terms , Razorpay will designate a Customer Identifier for You to utilize solely for initiating and affecting Payouts. Subject to the Terms including these specific terms , You can credit funds to the Customer Identifier and utilize such funds solely to make Payouts.

Initiation of payment: Funds credited or available in the Customer Identifier can be utilized by You to initiate Payouts subject to the Terms. Communication with Partner Bank: Following receipt of Payee information and Payout instructions as stated in Clause 2.

You acknowledge that the process of settlement of the Payouts gets completed as per the timelines that are stipulated by the Facility Providers and are specific to the underlying mode of payment chosen You to affect the Payout.

You acknowledge that Razorpay has no role in determining these timelines and accordingly, You shall not hold Razorpay liable for any delays under this Clause 2. You agree that it shall be Your sole responsibility to ensure the correctness of any communication, information, instruction or any other inputs which is required to affect a Payout or use any other Service.

You acknowledge that Razorpay is merely a technology service provider and shall have no responsibility to confirm the correctness of any communication, information, instruction or any other inputs which are required to affect a Payout or use any other Service.

You agree that the provision of services under these specific terms shall be subject to the sole discretion and decision of Razorpay. You shall furnish any additional documents which in the sole opinion of Razorpay are necessary to provide the services under this SOF.

You agree that fees for Services along with other charges due and payable by You to Razorpay including any fines and penalties under these specific terms shall be deducted from the funds available in the Customer Identifier and before a Payout is affected.

You acknowledge that if You do not maintain sufficient funds to account for the fees for a proposed Payout, then You shall not be able to initiate such Payout unless You maintain the necessary funds balance in the Customer Identifier.

Razorpay reserves the right to update the amount of the fees including for Services for which no charge has been levied previously in accordance with this Clause 3. You agree that You shall be liable to pay any additional fees as determined by Razorpay in the event:.

a You avail certain value-added services available on the Razorpay dashboard irrespective of whether they have been available free of charge previously. b You avail any new Services not mentioned in the Terms including these specific terms.

You agree that Your use of any Service or a value-added service shall be construed as a consent to any additional fees which may be levied by Razorpay on such additional Service or value-added service.

The following representations of Yours shall be true at the time of your acceptance of these specific terms and at all times during your usage of the Services:.

c You have conducted reasonable due diligence on Payees and based on such diligence are satisfied that the Payees are not seeking Payouts for any activities that are in contravention with Applicable Law.

e You shall make the Payouts strictly in accordance with Applicable Laws. Subject to the Terms including these specific terms , You shall be solely liable to maintain funds in the Customer Identifier and Razorpay shall not be liable for a failure to provide any Services under these specific terms because of insufficiency of funds in the Customer Identifier or on account of any issue with the Facility Providers.

In the event of any conflict between the Terms and these specific terms, these specific terms shall prevail over the Terms. To the maximum extent feasible, they shall be construed harmoniously. Capitalised Terms used but not defined in these specific terms shall have the meaning ascribed to such terms in the Terms.

Your Payee receives a link either via SMS or email or both, where they can fill the account details of their preference and the Payout is completed instantly with RZPX Payout Links. You agree that Razorpay shall not be liable for any errors or omissions made by You or the Payee relating to entering of the correct payment credentials or any other details which are required to be captured for making the Payout.

It is clarified that it shall be Your sole responsibility to ensure the identity of the Payee and its compliance with the Applicable Laws.

Vendors Payments enable You to automate Your accounts payable processes. It allows You to receive supplier invoices from multiple sources like emails, vendor portals, drive etc and pre- fill the details on the Razorpay dashboard and making them ready for the payment.

The product also allows You to deduct TDS payments on the invoice value wherein TDS amount is automatically deducted from Your Customer Identifier balance and deposited with the government every month.

Razorpay makes no warranties, express or implied, or representations as to the accuracy of details extracted from any file, including not limited to, an invoice uploaded by You on the Razorpay dashboard.

It is solely Your responsibility to ensure that all details extracted from the invoice are correct before authorizing any kind of payments.

Razorpay assumes no liability or responsibility for any error or omissions in the information contained on the Razorpay dashboard. Tax Payments enable You to manage, track and pay compliance payments like TDS, Advance Tax and GST from the Razorpay dashboard.

The TDS component is auto-calculated according to the TDS rate selected for the Your vendor. This TDS amount is automatically deducted from Your Customer Identifier balance and deposited with the government every month.

You can download the challan on Razorpay dashboard and file the TDS. Razorpay makes no warranties, express or implied, or representations as to the accuracy of details extracted from any file uploaded by the You on the Razorpay dashboard. It is solely Your responsibility to ensure that all details extracted from the file are correct before authorizing any kind of tax payments or vendor payments or any other kind of Payouts.

Razorpay assumes no liability or responsibility for i any error or omissions in the information contained on the Razorpay dashboard; or ii any delay in processing the TDS payments. UPI ID validity and name are validated using the VPA validation feature by National Payments Corporation of India.

You agree that an additional fees shall be applicable for each Penny Testing transaction undertaken by You and such fees shall not include any monies used by You for the purposes of undertaking the Penny Testing transaction itself.

You acknowledge that You can only avail the Penny Testing service if You have sufficient funds available in the Customer Identifier to account for the fees which is to be separately charged on each instance of the use of Penny Testing service. You acknowledge and agree that, unless approved in writing by Razorpay, Penny Testing service can only be used once to verify the end beneficiary of a unique bank account or a UPI ID.

You shall not use the Penny Testing service to verify the same bank account or UPI ID more than once. You agree that You shall not allow use of the Penny Testing service by any third parties including Your affiliates without prior written consent from Razorpay.

You acknowledge and agree that You shall be solely responsible for securing all API keys and secret keys required to avail the Penny Testing service and shall indemnify and keep Razorpay harmless, at all times, from any loss arising out of a Your to keep Your API or secret keys secure; b unauthorized sharing of API or secret keys by You.

Payouts to wallets covers Payouts which can be made to RBI compliant wallets by You. The amount of the Payout will be credited to the wallet balance of the Payee. You can integrate certain Razorpay supported accounting software with Your Razorpay dashboard to simplify how You make payments to Your vendors, partners and suppliers.

You can create Razorpay readable payout files from such supported accounting software. These files can be imported in the Razorpay dashboard and Payouts can be generated.

The payout result files downloaded from Dashboard can directly be uploaded to supported accounting software for reconciliation. You agree and authorise Razorpay to access, import, use or process Your data from the accounting software. Razorpay makes no warranties, express or implied, or representations as to the accuracy of details extracted from any file, imported by You on the Razorpay dashboard.

It is solely Your responsibility to ensure that all details extracted from the imported files are correct before authorizing any kind of payments. You hereby authorise Razorpay to enable Services on the Bank Account including the right to:.

Deduct Razorpay Fees from the Bank Account according to the manner, rates and frequency determined by Razorpay. You hereby agree and confirm that Razorpay is acting solely as technical service provider and shall be acting strictly on the instructions issued by You.

that may arise due to Razorpay acting on the Your instructions. You shall indemnify and keep Razorpay indemnified against such any claims.

Razorpay will process payments on the basis of and shall rely on the representations and information provided by You in good faith and belief that these are genuine business transactions. You agrees that Razorpay shall be entitled to investigate or seek clarifications in regard to any transaction and the You agree and undertake to fully cooperate with RazorpayX in this regard.

You shall act as the transaction initiator and all the instructions will be sent by Razorpay to the Sponsor Bank. Razorpay, at its sole discretion and subject to it being legally permissible, refer its existing and prospective customers to a Sponsor Bank to enable them to utilize the Services.

The grant of a Bank Account shall be at the sole discretion of the concerned Sponsor Bank, for which Razorpay shall not be liable in any manner. Razorpay will, to the extent permissible by law, share with the Sponsor Bank the required KYC details, fields, format, images scan and other details for the KYC of the account opening for You for the purpose of the availment of the Services by You, and You hereby expressly agree and consent to the same.

Notwithstanding anything to the contrary, Razorpay shall have the right to immediately suspend Services and settlement of any monies or payments to You, without any liability to You, in the event of the following:.

d You use the Services for any transactions which have a high-risk score as per Razorpay's internal fraud assessment tools and other policies. e Razorpay is of the opinion that there are suspicious circumstances surrounding Your activities.

f Razorpay is of the opinion that there are pending, anticipated, or excessive disputes, refunds, or reversals relating to Your use of Services. i Razorpay in its sole discretion determines that Your activities expose Razorpay to risks which are unacceptable to Razorpay.

j Razorpay in its sole discretion is required to do so due to regulatory changes impacting the Services. These Terms are effective upon the date You first access or use the Services and continue until terminated by You or Razorpay.

We may terminate these Terms or close Your Razorpay account at any time for any reason including, without limitation, for any activity that may create harm or loss to the goodwill of Razorpay.

Where Applicable Laws requires advance notice of termination to be provided, we will, prior to termination, provide You with the required advance notice of termination. Termination does not immediately relieve You of obligations incurred by You under these Terms. Upon termination, You agree to stop using the Services.

Your continued or renewed use of the Services after termination serves to renew Your consent to the Terms. In addition, upon termination You understand and agree that We will not be liable to You for compensation, reimbursement, or damages related to Your use of the Services, or any termination or suspension of the Services or deletion of Your information or account data; and You will still liable to us for any fees or fines, or other financial obligation incurred by You or through Your use of the Services prior to termination.

Alcohol which includes alcohol or alcoholic beverages such as beer, liquor, wine, or champagne;. Bulk marketing tools which includes email lists, software, or other products enabling unsolicited email messages spam ;. Cable descramblers and black boxes which includes devices intended to obtain cable and satellite signals for free;.

Copyright unlocking devices which includes Mod chips or other devices designed to circumvent copyright protection;. Copyrighted media which includes unauthorized copies of books, music, movies, and other licensed or protected materials;. Copyrighted software which includes unauthorized copies of software, video games and other licensed or protected materials, including OEM or bundled software;.

Counterfeit and unauthorized goods which includes replicas or imitations of designer goods; items without a celebrity endorsement that would normally require such an association; fake autographs, counterfeit stamps, and other potentially unauthorized goods;.

Drugs and drug paraphernalia which includes illegal drugs and drug accessories, including herbal drugs like salvia and magic mushrooms;. Drug test circumvention aids which includes drug cleansing shakes, urine test additives, and related items;.

Endangered species which includes plants, animals or other organisms including product derivatives in danger of extinction;. Hacking and cracking materials which includes manuals, how-to guides, information, or equipment enabling illegal access to software, servers, website, or other protected property;.

Illegal goods which includes materials, products, or information promoting illegal goods or enabling illegal acts;. Miracle cures which includes unsubstantiated cures, remedies or other items marketed as quick health fixes;. Offensive goods which includes literature, products or other materials that: a Defame or slander any person or groups of people based on race, ethnicity, national origin, religion, sex, or other factors; b Encourage or incite violent acts; or c Promote intolerance or hatred.

Offensive goods, crime which includes crime scene photos or items, such as personal belongings, associated with criminals;. Pyrotechnic devices, combustibles, corrosives and hazardous materials which includes explosives and related goods; toxic, flammable, and radioactive materials and substances;.

Tobacco and cigarettes which includes cigarettes, cigars, chewing tobacco, and related products;. Weapons which includes firearms, ammunition, knives, brass knuckles, gun parts, and other armaments;.

Any product or service which is not in compliance with all applicable laws and regulations whether federal, state, local or international, including the laws of India;.

Businesses or website that operate within the scope of laws which are not absolutely clear or are ambiguous in nature e. Web-based telephony, Website supplying medicines or controlled substances, website that promise online match-making ;. Businesses out rightly banned by law e. Virtual currency, cryptocurrency and other crypto products like non-fungible tokens or NFTs , prohibited investments for commercial gain or credits that can be monetized, re-sold or converted to physical or digital goods or services or otherwise exit the virtual world;.

Applicable Laws shall without limitation include any notification, circular, directive or other similar instruction issued by the 'Financial Sector Regulators' including but not limited to the Reserve Bank of India. Applicable Laws also include rules, regulations, roles, responsibilities and processes as defined by NPCI on their website www.

Master Direction DBR. which may be issued from time to time. TIDs can be associated with any Device at the discretion of Razorpay and the Merchant. Any Device can be de-activated at any time at the request of the Merchant. Razorpay reserves the right to update the amount of the Fees including for Services for which no charge has been levied previously in accordance with this clause.

You agree that You shall 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 whether they have been available free of charge previously.

You agree that Your use of any Service or a value-added service shall be construed as a consent to any additional fees which may be levied by Razorpay on such additional Service or value-added service.

Subject to Clause 3 and 4 hereunder, Razorpay shall settle the Transaction Amount net of Permissible Deductions into Your account within two 2 Escrow Bank working days following the date of the Transaction.

If Razorpay settles the Transaction Amount under the General Terms of Use or any Specific Terms of Use thereunder, at an earlier time than agreed above, Razorpay shall have an absolute right to recover the Transaction Amount forthwith if the same is not received in the Escrow Account within three 3 Escrow Bank Working Days following the date of the Transaction for any reason whatsoever.

You may choose to purchase fee credits from Razorpay in respect of the Services being rendered under this Specific Terms of Use for Payment Aggregation Services. It is agreed that in respect of each Transaction, Razorpay shall be entitled to deduct an amount equivalent to Razorpay Fees along with applicable taxes from the Fee Credit.

You agree that if sufficient funds are not available in the Fee Credits, then Razorpay shall be entitled to deduct Razorpay Fees along with applicable taxes from the Transaction Amount.

Fee Credits are the credits using which You may receive the full settlement amount without any fee deduction. For example, if You have a Fee Credit of INR then all the Transactions will be settled in full and the Fees for these payments will be deducted from the Fee Credit of INR " Fee Credit ".

In the event such set-off or recovery does not fully reimburse Razorpay for the liability owed, You shall pay Razorpay a sum equal to any shortfall thereof. If a Facility Provider communicates to Razorpay the receipt of a Chargeback Request, You will be notified of the Chargeback.

You agree that liability for Chargeback, whether domestic or international, under the General Terms of Use or any Specific Terms of Use thereunder rests with You.

You further agree that it is Your sole discretion whether to avail non-3D secure services or not. Subject to availability of funds, Razorpay upon receipt of a Chargeback Request shall forthwith deduct Chargeback Amount from the Transaction Amounts which may be used, based on the decision of the Facility Provider, either to a process Chargeback in favour of the customer or b credit to You.

For the avoidance of doubt, Razorpay shall be entitled to deduct the Chargeback Amount upon receiving a Chargeback claim. You shall furnish the Chargeback Documents within three 3 calendar days or such other period specified by the Facility Provider of receiving notification of the Chargeback Request.

Notwithstanding anything in these Terms, if the Facility Providers charge the Chargeback Amount from Razorpay then You agree and acknowledge that Razorpay is entitled to recover such Chargeback Amount from You by way of deduction from i the Transaction Amounts to be settled to You and ii any of Your other funds held by Razorpay in the course of providing the Services.

Provided however, if the available Transaction Amounts or other funds are insufficient for deduction of the Chargeback Amount, then Razorpay is entitled to issue a debit note seeking reimbursement of the Chargeback Amount. You shall reimburse the Chargeback Amount within seven 7 days of receipt of the debit note.

The sums so withheld shall be utilized towards settlement of Chargebacks. After processing such Chargebacks, Razorpay shall transfer the unutilized amounts, if any, to You forthwith upon completion of the Withholding Term.

Notwithstanding anything in this Specific Terms of Use, if the amount withheld pursuant to Clause 3. The following applies for Chargebacks associated with EMI products which are supported by Facility Providers. For any loan cancellation requests, You need to respond to Razorpay within 7 working days with a suitable response.

If loan is to be cancelled, then the same needs to be informed to Razorpay and if cancellation request is to be declined then You need to provide proof of delivery and justification.

For loans which would get cancelled on the basis of Your confirmation, the amount would be recovered from the daily settlement. You agree and acknowledge that subject to availability of funds received in the Escrow Account, You are entitled to effect Refunds at Your sole discretion.

You further agree and acknowledge that initiation of Refunds is at Your discretion and Razorpay shall process a Refund only upon initiation of the same on the Website. All Refunds initiated by You shall be routed to the same payment method through which the Transaction was processed.

You agree that Razorpay fees shall always be applicable and payable by You on each Transaction irrespective of whether You have refunded the same to Your customer either through normal channels of refunds or through the instant refund service of Razorpay affiliate if availed. You acknowledge and agree that for payments that are late authorized but not captured by You, Razorpay may initiate auto-refund to the customer within five 5 days.

Subject to Clause 3. If the amount in respect of the Fraudulent Transaction has already been settled to You pursuant to these Terms, any dispute arising in relation to the said Fraudulent Transaction, following settlement, shall be resolved in accordance with the RBI's notification DBR.

Subject to Clause 5. You acknowledge that Razorpay shall not be responsible for any liability arising in respect of Fraudulent Transactions whether it is an international or a domestic transaction. You hereby understand and agree that the decision of the NPCI or the concerned acquiring bank, as the case may be, shall be final and binding.

In the event of any conflict between the General Terms of Use and Specific Terms of Use, the Specific Terms of Use shall prevail over the General Terms of Use. To the maximum extent feasible, they shall be construed harmoniously. Capitalised Terms used herein but not defined in this Specific Terms of Use shall have the meaning ascribed to such terms in the General Terms of Use.

e, lenders , if any, fails. You represent and warrant that i You shall during the entire term of the usage of the Services, implement, observe and comply with applicable requirements prescribed under Applicable Law including but not limited to the provisions of the Payment Aggregator Guidelines.

You shall ensure that You deliver products and services in accordance with instructions of the customers. iii You shall at no time hold, store, copy or keep any customer data relating to a customer's Payment Instrument and shall notify in writing to Razorpay without any delay if You suspect or have become aware of a possible security breach related to any customer data.

On demand, You shall provide a written confirmation, in a form and manner acceptable to Razorpay and Facility Providers, certifying compliance to this aspect. You shall set up a comprehensive customer grievance redressal mechanism which provides the procedure for addressing complaints received from Your customer and You shall include the details of the person designated by You for handling such customer complaints.

It is clarified that such customer grievance redressal mechanism shall provide the facility to the customers for registering their complaints over phone, email, or any other electronic means. You shall respond to such grievances or complaints received from Your customers within a period of 5 five business days from the date of receiving such grievance or complaint.

You shall be solely responsible for sorting or handling of any complaints received against You. You shall also submit an annual report in writing to Razorpay, signifying proof of compliance with the above.

If You become aware that You will not be or are likely not to be, in compliance with PCI DSS or PA DSS for any reason, You will promptly report in writing to Razorpay such non- compliance or likely non-compliance. You shall provide Razorpay with evidence of compliances listed in this Clause 7 at Razorpay's request and provide, or make available, to Razorpay copies of any audit, scanning results or related documents relating to such compliance.

Notwithstanding the above, Razorpay shall have the right to conduct a security audit to check Your compliance with this Clause 6 and in such cases, You shall extend full co-operation to Razorpay and its representatives so as to enable them to conduct the audit to their sole satisfaction.

You agree to adopt and enforce any information security requirement that Razorpay may deem advisable in order to facilitate reasonable security processes and procedures. This solution works as a software layer on top of Your payment to route every payment request received for Your unique id, based on the rules created by You on Optimizer's merchant facing dashboard.

d You agree that the Optimizer Services are being provided by Razorpay solely as a software as a solution SaaS provider. The Optimizer Services are independent and separate from the other Services being provided to You.

It is clarified that, for these Optimizer Services, Razorpay's role will strictly be that of a SaaS Provider and will not be that of a payment service provider. e You hereby consent Razorpay to use or process any type of data shared by You for the provision of the Optimizer Services.

f Razorpay shall have the right to charge additional fees for provision of the Optimizer Services. a You may opt for certain value added services available on the dashboard which will be subject to an additional charge to be agreed upon by the parties.

You hereby consent that payments towards such value added services shall be deducted from the settlement amount payable from Escrow Account under these Terms. b In addition to the above, You acknowledge that Razorpay provides as a value added service certain customisable templates for terms of use and conditions, return and refund and shipping policy, privacy policy, etc.

Notwithstanding anything to the contrary in these Terms, Razorpay expressly disclaims all liability in respect of any actions taken or not taken based on any or all of the Customisable Templates.

Razorpay does not necessarily endorse and is not responsible for any third-party content that may be accessed through the Customisable Templates. Any person resident outside India, having a business interest in India shall open an SNRR Account with an authorised dealer for the purpose of putting through bona fide transactions in rupees, not involving any violation of the provisions of the Act, rules and regulations made thereunder.

The business interest, apart from generic business interest, shall include the following INR transactions, namely a Investments made in India in accordance with Foreign Exchange Management Non-debt Instruments Rules, dated October 17, and Foreign Exchange Management Debt Instruments Regulations, notified vide notification no.

b Import of goods and services in accordance with Section 5 of the Foreign Exchange Management Act 42 of , read with Notification No. c Export of goods and services in accordance with Section 7 of the Foreign Exchange Management Act 42 of , read with Notification No. d Trade credit transactions and lending under External Commercial Borrowings ECB framework in accordance with Foreign Exchange Management Borrowing and Lending Regulations, , as amended from time to time; and.

e Business related transactions outside International Financial Service Centre IFSC by IFSC units at GIFT city like administrative expenses in INR outside IFSC, INR amount from sale of scrap, government incentives in INR, etc.

The account will be maintained with bank in India outside IFSC. The SNRR Account shall carry the nomenclature of the specific business for which it is in operation. You shall ensure that the operations in the SNRR Account shall not result in the account holder making available foreign exchange to any person resident in India against reimbursement in rupees or in any other manner.

Approval of the RBI shall be obtained in cases requiring renewal, provided the restriction of seven years shall not be applicable to SNRR accounts opened for the purposes stated at sub. paragraphs i to v of paragraph 1 of Schedule 4 of Regulation 5 4 of Foreign Exchange Management Deposit Regulations, All the operations in the SNRR Account shall be in accordance with the provisions of the Act, rules and regulations made thereunder.

All transactions in the SNRR Account shall be subject to payment of applicable taxes in India. SNRR Account may be designated as resident rupee account on the account holder becoming a resident.

The transactions in the SNRR Account shall be reported to the RBI in accordance with the directions issued by it from time to time. These terms shall only apply if You are a gaming merchant identified specifically in this Specific Terms for the gaming merchants.

a You do not engage in any activity that violates any Applicable Law pertaining to gaming, gambling, betting or wagering. c The Merchant Services are at all times in compliance with all Applicable Laws including pertaining to restriction or prohibition on gambling, betting, wagering and gaming activities.

d The provision of the Merchant Services to customers in the states of Nagaland and Sikkim if so provided are in accordance with the Applicable Laws of these states and You have obtained and hold all necessary and valid licenses and registrations to provide the Merchant Services in Nagaland and Sikkim.

The representations and warranties set out in Clause above shall be repeated on each day during the term of these Terms.

You hereby agree and undertake to provide a written confirmation, in a form and manner set out below certifying that the representations and warranties set out in Clause above are true and correct. Such certificate shall be given by You to Razorpay on the first day of every quarter from the date of entering into this Specific Terms for gaming merchants till its expiry or termination, whichever is later.

Notwithstanding any other provision of the General Terms of Use or this Specific Terms for gaming merchants , You shall indemnify and hold Razorpay, its affiliates, and each of their directors, managers, officers, employees and agents harmless from and against all losses including any losses that are special, incidental, indirect, consequential, exemplary or punitive in nature arising from claims, demands, actions or other proceedings as a result of or on account of a any of Your representations or warranties as set out in Clause Subject : Undertaking to comply, stay fully compliant from time to time, with applicable laws, including but not limited to, gaming laws, rules, regulations, among others.

In this regard, any notice received or subsisting from any governmental authorities shall immediately be forwarded to Razorpay.

The Merchant undertakes to stay compliant, from time to time, in its due course of engagement with Razorpay. The Merchant shall indemnify and hold Razorpay, its Affiliates, and each of their directors, managers, officers, employees and agents harmless from and against all losses arising from claims, demands, actions or other proceedings as a result of or on account of any of the representations or warranties of the Merchant as set out above being breached or becoming untrue or incorrect.

This letter of undertaking shall be read harmoniously with other agreements, if any, between Merchant and Razorpay. You agree that Your use of any Service or a value-added service shall be construed as a consent to any additional fees which may be levied by Razorpay on such additional Service or value- added service.

You acknowledge that the onboarding and registration process is a pre-requisite under the Procedural Guidelines in order for You to avail of Services for e-mandate payments and the customers to be able to start submitting E-Mandate Registration Requests.

Razorpay shall not be liable to provide any Services under these Terms until the Sponsor Bank has issued a registration in Your favour.

Following completion of integration under Mandate Terms, Razorpay shall enable E-Mandate registration requests by customers on Your website by making available the prescribed E- mandate Registration Request form issued by NPCI and also put in place the necessary API protocols to transmit customer information to the sponsor banks in order to facilitate the process of customer verification and authentication of customer and bank account details by the Destination Bank, following which the NPCI shall confirm the E-mandate Registration request.

Being an intermediary, Razorpay shall be responsible only for transmission of the customer details to the Sponsor Bank and shall not be responsible for failure or refusal of the E-Mandate Registration request by the Destination Bank or NPCI.

On successful approval of the E-Mandate Registration Request, Razorpay shall on a periodic basis as per the E-Mandate Registration initiate E-Mandate Payment requests with the Sponsor Bank and based on and pursuant to authentication by NPCI and the Destination Bank, receive the funds in the Escrow Account.

The periodic payments will be facilitated by Razorpay so long as the E-Mandate Registration is not cancelled by the Customer, Destination Bank or the Sponsor Bank. Razorpay shall not be liable for the failure of a payment on account of the decline of the approval by Destination Bank or NPCI or on account of cancellation of the E-Mandate Registration by the Sponsor Bank, Destination Bank, Your customer or NPCI.

Following the receipt of funds in the Escrow Account, Razorpay shall, subject to Razorpay's withholding rights under these Terms, settle the funds into Your designated account within a applicable settlement period.

If Razorpay settles the funds, at an earlier time than agreed above, Razorpay shall have an absolute right to recover such funds forthwith if the same is not received in the Escrow Account within three 3 working days following the date on which such funds were supposed to be realized in the Escrow Account.

In addition to rights under these Terms, if there are reasonable grounds for Razorpay to suspect that a transaction to effect an E-Mandate Payment is done fraudulently or if the Sponsor Bank, NPCI or Destination Bank suspecting so, communicate the same to Razorpay, then Razorpay shall be entitled to withhold settlements to You.

Pursuant to Clause 11 above, You shall, to the extent available, provide information about such transactions to Razorpay, Sponsor Bank, NPCI or Destination Bank forthwith upon receiving a request from Razorpay, Sponsor Bank, NPCI or Destination Bank respectively.

Razorpay shall be entitled to terminate these Services if the Sponsor Bank or NPCI directs cancellation of Your registration.

You acknowledge that Razorpay being merely an intermediary in the system for E-Mandate Payment is bound to follow directions from the Sponsor Bank, NPCI or the Destination Bank in matters relating to fraudulent or suspicious transactions.

Razorpay shall be entitled to recover from You by deducting amounts from Your funds held by Razorpay in the course of providing the Services, or if the funds held are insufficient, by issuing a debit note to You , any amounts a charged by Sponsor Bank to Razorpay on account of refund and disputed claims from Your customers; and b representing penalties, fines or other charges whatsoever name referred to levied by the Sponsor Bank, NPCI or any governmental authority in their sole discretion on Razorpay on account of fraudulent transactions on Your website.

You agree that payments effected, or funds debited from Your customer's Bank Account on the following grounds shall not be the responsibility of Razorpay and no liability shall arise for Razorpay in respect of such claims from Your customers:.

Razorpay will not be liable collect the amounts from Your customers and credit the same to You in the following circumstances:.

a If any of Your customers does not have sufficient funds in the Bank Account for debiting the amount mentioned in the Collection Information. b Razorpay is prohibited from debiting the amounts from Your customers' account by any governmental authority or Facility Provider. c If Your customer's account is closed or operations from such account are barred by governmental authorities or Facility Providers.

f Razorpay has reason to believe that a Collection Information has not been properly authorized. You understand and acknowledge that the Token HQ is an end-to-end solution for You to allow Your customers to continue using the saved cards feature in compliance with RBI's guidelines on tokenisation set out in the Circular CO.

PD No. For the purposes of these Terms, the Applicable Laws shall be deemed to include the Circular. Where Razorpay is acting as a technical service provider and You are the token requestor, You acknowledge and agree that Razorpay shall have no liability towards You or any third party for Your acts or omissions or Your failure to comply with Applicable Laws.

Where Razorpay is acting as the token requestor on Your behalf, You acknowledge and agree that Razorpay's role is limited to requesting for tokens on Your behalf upon receiving consent of Your customers. You acknowledge and agree that in order to allow using the saved card feature, the customer card details must be tokenized.

Accordingly, You shall, except in the case of standard checkout:. a be solely responsible for obtaining consent of the customer to tokenize and save the customer's card.

b inform the customers of the purpose of obtaining such consent and that the card will not be tokenized and saved if the customer does not provide explicit consent, and shall do all things as required to tokenize and save the card details pursuant to Applicable Laws.

c share such customer consent with Razorpay in order for Razorpay to trigger the additional factor authentication AFA with the issuing bank which is required to register the tokenisation request. You acknowledge and agree that if such customer consent is not shared during the payment flow then Razorpay shall not tokenize and save the customer card details.

You shall keep Razorpay fully indemnified at all times from and against all losses, damages, penalties, etc. You shall keep a log of all instances of obtaining customer consent under Applicable Laws and of Your compliance with these TokenHQ Terms and provide the same to Razorpay on a real time basis or as requested from time to time.

In addition to any right under these TokenHQ Terms, Razorpay and Facility Providers have the right to audit Your compliance with these TokenHQ Terms at any time upon notice. You agree that You shall be solely responsible for any hashed string storage undertaken by You.

Subscription services provide You the platform to create and manage subscription plans for Your customers with automated recurring transactions. With this product You can i create multiple subscription plans for customers, ii automatically charge customers based on a billing cycle that You control, and iii get instant alerts on payment activity as well as the status of subscriptions.

a The customer desirous of opting for e-mandate facility on Card is required to undertake a one-time registration process, with an Additional Factor Authentication AFA validation by the issuer bank and that an e-mandate on Card of customers for recurring transactions shall be registered only after successful AFA validation.

b Where the first transaction is being performed along with the registration of e- mandate, then AFA validation may be combined. Subsequent recurring transactions shall be performed only for those Card which have been successfully registered and for which the first transaction was successfully authenticated and authorised.

c On successful registration and approval of the e-mandate request, Razorpay shall on a periodic basis as per the e-mandate initiate subsequent recurring payments unless such e-mandate is modified or de-registered by the customer.

d Razorpay expressly disclaims all liability for any outages or failures attributable to Facility Providers. Accordingly, for custom checkout and server-to-server integration You shall:. b share customer consent with Razorpay for Razorpay to trigger the AFA with the issuing bank which is required to both save the Card and process the e-mandate registration.

You agree that payments effected, or funds debited from a customer's bank account on the following grounds shall not be the responsibility of Razorpay and no liability shall arise for Razorpay in respect of such customer claims:.

You agree that Razorpay shall have no liability towards You or any third party for Your acts or omissions or its failure to comply with Applicable Laws.

You agree to keep Razorpay fully indemnified at all times from and against all losses, damages, penalties, etc. You shall maintain records of its activities under these Terms, including where applicable keeping log of all instances of obtaining customer consent, and shall provide the same to Razorpay on a real time basis or as requested from time to time.

In addition to any right under these Terms, Razorpay and facility providers have the right to audit Your compliance with these Terms at any time upon notice. The Razorpay partner program is a referral program through which You can refer the Razorpay services to Your clients or customers and get rewarded.

You may become a partner by agreeing to the detailed Partner Terms of Use and Conditions and signing up as a partner.

You can avail Magic Checkout Services as per terms specified below:. Razorpay has adopted reasonable security practices and procedures that are commensurate with the information assets being protected, and has implemented relevant technical, operational, managerial and physical security control measures to protect the information in its possession from loss, misuse and unauthorized access, disclosure, alteration and destruction.

In the process of providing Magic Checkout Services, You acknowledge and agree that Razorpay may collect, store and use certain personally identifiable information PII from Your customers. Razorpay is committed to protect such information and to take all reasonable precautions for maintaining confidentiality thereof.

b You shall obtain all consents required under Applicable Law from Your customers before sharing PII of the Customers with Razorpay. You acknowledge and confirm that You shall obtain a valid consent under the Applicable Law to share the PII of the customers with Razorpay.

You shall indemnify and keep Razorpay, its directors, officers, employees, and affiliates indemnified at all times from any and all claims, liabilities, losses, damages and the like incurred by Razorpay as a result of any breach of these Terms, including Your obligations hereunder.

You shall, at the end of every month, raise an invoice for claiming reimbursements under the RTO Protection, which shall be discharged by Razorpay within a period of 30 thirty days from the date of the invoice, provided all the conditions specified under Clauses 2.

Furthermore, for any additional VAS subscribed by the Merchants, Transaction amount shall be settled as per separate agreed settlement timeline.

Razorpay POS shall have an absolute right to place limits on the Transaction value. a Razorpay POS Payment Services as defined above which includes the ability to process payments from various modes of payment opted by the Merchant. b Acceptance of American Express cards - Upon request of the Merchant, Razorpay POS has the ability to support American Express Cards on the Devices opted for by Merchant.

Activation of American Express will be subject to Razorpay POS approval and will comply with American Express policy. c Mobile Application: In support of the above services, Razorpay POS will supply the Merchant with a mobile application which is an interface required to access the Razorpay POS software solutions through the Device and the Razorpay POS' SDK which is used by the Merchant to use Services.

d Portal: Razorpay POS agrees to retain and maintain transaction records for the services purchased by the Merchant and provide a portal to the Merchant showing such records and allow the Merchant to download such records from time to time. e VAS: Razorpay POS may provide from time to time Value Added Services, including but not limited to mobile wallets, mobile applications, bills payment, digital invoicing, voucher disbursement, EMI schemes as well as hooks to utility companies using sub-domaining, business analytics and reconciliation as a Service etc.

If the Merchant avails the Value Added Services, then such Value Added Services shall be subject to the terms and conditions as set forth by the concerned bank service provider and the applicable regulatory norms. f Devices: For enabling the Services, the Service Provider will provide POS Devices to the Merchant on agreed Pricing Terms.

It is to be clarified that in the event the Merchant deactivates or returns a particular Device or set of Devices, before the expiry of the Lock-in period, Merchant shall make a one-time payment to Razorpay POS of an amount equivalent to the remaining rental or fees as applicable for the unexpired duration of the Lock-in Period for such Devices.

It is also clarified that, if a Device is replaced by Razorpay POS for any reason, the Lock-in period for such replaced Device Stand shall be 36 thirty-six months from date of replacement and the Lock-in period applies irrespective of a non-transacting TID being in place. On termination of Services for whatever reasons, the Merchant shall return all the Devices immediately to Razorpay POS if taken on rental basis.

Merchant shall acknowledge the receipt of such Device in a form and manner acceptable to Razorpay POS and each such acknowledgement shall be deemed to be a part of this Agreement.

Merchant shall ensure that the necessary infrastructure like mobile phone s or tablet s and internet required to install the Device is available at the Merchant's designated location. Merchant agrees and acknowledges to safe keep and control the use of the Device such that any transaction using the Device shall be deemed to be authorized and sanctioned by Merchant.

Merchant shall not use the Device for any fraudulent transactions, business malpractices and illegal activities. Merchant shall not, and shall ensure that the personnel of Merchant using the Device shall not, use the Device in such a manner that it harms the security systems enabled on the Device.

During the tenure of this arrangement and thereafter Merchant shall not claim any right, title, interest or lien over the Device.

ii Damaged Repairable Devices including accessories : The Merchant shall be liable to pay repair charges including inspection charges, as incurred by Razorpay POS at actuals. You agree that liability for Chargeback rests with You. Subject to availability of funds, Razorpay POS upon receipt of a Chargeback Request shall forthwith deduct Chargeback Amount from the Transaction Amounts which may be used, based on the decision of the Facility Provider, either to a process Chargeback in favour of the customer or b credit to You.

For the avoidance of doubt, Razorpay POS shall be entitled to deduct the Chargeback Amount upon receiving a Chargeback claim. Provided however, if the available Transaction Amounts or other funds are insufficient for deduction of the Chargeback Amount, then Razorpay POS is entitled to issue a debit note seeking reimbursement of the Chargeback Amount.

After processing such Chargebacks, Razorpay POS shall transfer the unutilized amounts, if any, to You forthwith upon completion of the Withholding Term.