Effective Date: [Insert Date]
Company: Zapurse Fintech Private Limited
By downloading, accessing, or using the Zapurse B2C App (“App”), you agree to abide by these Terms & Conditions (“Terms”). If you do not agree, please refrain from using the App.
Zapurse provides the following services (subject to availability):
Zapurse reserves the right to add, modify, or discontinue any service without prior notice.
Terms & Conditions – Zapurse Fintech Private Limited (B2B Services)
Last Updated: [Add Date]
These Terms & Conditions govern the use of the Zapurse Fintech Private Limited (“Zapurse”, “Company”, “We”, “Us”) B2B platform, including web portal, mobile application, and all services offered to Retailers, Distributors, and MDUs (“User”, “You”).
By registering or using any service provided by Zapurse, you agree to these Terms & Conditions.
1.1 The User must be:
1.2 Zapurse reserves the right to approve or reject any onboarding request.
2.1 The User must submit accurate KYC documents including Aadhaar, PAN, mobile number, photograph, and shop details.
2.2 Any mismatch or fraudulent information may lead to account suspension.
2.3 Zapurse may request re-verification at any time.
Zapurse provides B2B fintech services including:
Zapurse may add, remove, or modify services at its discretion.
4.1 The User must maintain the confidentiality of their Login ID, Password, and OTP.
4.2 The User is responsible for all transactions conducted from their account.
4.3 Retailers must ensure that customer biometrics and financial data are handled securely.
4.4 The User must not misuse the platform for illegal or fraudulent activities.
4.5 The User must follow NPCI, RBI, UIDAI, and other compliance guidelines.
5.1 Users must maintain sufficient wallet balance to perform transactions.
5.2 Wallet top-ups are non-transferable and non-refundable, except in special cases approved by management.
5.3 Zapurse is not responsible for delays caused by banks or third-party payment processors.
6.1 Retailers and Distributors earn commission as per the plan assigned to them.
6.2 Commission structures may change without prior notice, depending on provider rules and market conditions.
6.3 Any service activation (AEPS, mATM, etc.) may have one-time or recurring fees.
7.1 AEPS and mATM settlements are generally instant; however, delays may occur due to banking network issues.
7.2 DMT settlements follow the beneficiary bank’s processing timelines.
7.3 In case of failed transactions, refunds are processed automatically as per NPCI/bank guidelines.
7.4 Zapurse is not liable for delays or failures caused by third-party systems.
8.1 Devices used for biometric authentication or mATM must be original and compliant with specifications.
8.2 Any malfunction in the User’s device is not Zapurse’s responsibility.
8.3 Refunds for device purchases are subject to vendor policies.
9.1 Zapurse ensures secure handling of User and customer data.
9.2 The User must not store any Aadhaar numbers, fingerprints, or sensitive financial information.
9.3 The User agrees to comply with UIDAI and data protection laws.
The User must not engage in:
Violation may result in permanent account suspension and legal action.
11.1 Zapurse is not responsible for:
11.2 Zapurse’s liability is limited to the amount directly involved in a disputed transaction.
Zapurse may suspend or permanently close any account if:
No refunds will be issued for suspension due to misuse.
Zapurse may update these Terms & Conditions anytime without prior notice.
Continued use of the platform implies acceptance of updated terms.
These Terms & Conditions are governed by the laws of India.
Any disputes will be subject to the jurisdiction of courts located in Bhopal.
For support or queries:
Zapurse Fintech Private Limited
Email: [jyoti.tomar@zapurse.com]
WhatsApp : [9109102833]
Website: [www.zapurse.in]
Zapurse is a digital payment
platform, Offering wide range of payment services like, prepaid recharges Aadhaar based payment system, Biometrics etc