Effective Date: 28-05-2025
Welcome to FriendsPay! These Terms and Conditions (“Terms”) govern your access to and use of our platform and services. By using FriendsPay, you agree to these Terms. Please read them carefully.
1. Definitions
FriendsPay: Refers to the digital platform offering financial and payment services.
User: Any individual or entity accessing or using FriendsPay services.
Services: Includes Aadhaar-enabled Payment System (AePS), money transfers, utility payments, and other financial solutions provided by FriendsPay.
2. Eligibility
-
You must be at least 18 years old or the age of majority in your jurisdiction to use FriendsPay.
-
By registering, you represent and warrant that all information provided is accurate, complete, and current.
3. Registration and Account Security
-
Users are required to create an account by providing accurate personal and contact information.
-
You are responsible for maintaining the confidentiality of your account credentials and for all activities under your account.
-
Notify FriendsPay immediately of any unauthorized access or suspicious activity.
4. Services Provided
FriendsPay offers the following services:
-
Aadhaar-enabled banking (AePS): Deposits, withdrawals, and balance inquiries.
-
Domestic money transfers.
-
Bill payments, mobile recharges, and other utility services.
-
UPI payments and fund transfers.
Note: Services may vary based on region and regulatory guidelines.
5. User Responsibilities
-
Use FriendsPay services only for lawful purposes and in compliance with applicable laws and regulations.
-
Do not misuse, modify, or interfere with FriendsPay’s platform or services.
-
Ensure sufficient funds are available in your linked accounts for transactions.
6. Fees and Charges
-
Transaction fees may apply to specific services, as outlined on the FriendsPay platform.
-
FriendsPay reserves the right to modify fees at its discretion. Users will be notified of any changes in advance.
7. Transaction Limits
-
Daily, monthly, or transaction-specific limits may apply, based on regulatory guidelines or FriendsPay policies.
-
FriendsPay is not liable for failed transactions due to exceeding limits or insufficient funds.
8. Privacy and Data Protection
-
FriendsPay is committed to protecting user data. Refer to our Privacy Policy for details on how your information is collected, used, and safeguarded.
-
Users are responsible for safeguarding their account information.
9. Intellectual Property
-
All content, trademarks, logos, and software on FriendsPay are the intellectual property of FriendsPay or its licensors.
-
Users are prohibited from reproducing, distributing, or modifying any content without prior written consent.
10. Limitation of Liability
FriendsPay is not liable for:
-
Losses or damages resulting from unauthorized transactions due to user negligence.
-
Service interruptions caused by technical issues, network failures, or regulatory changes.
-
Delays or errors in transactions caused by third-party service providers.
11. Suspension and Termination
FriendsPay may suspend or terminate your account if:
-
You breach these Terms.
-
Fraudulent or suspicious activities are detected.
-
Required by law or regulatory authorities.
12. Amendments
-
FriendsPay reserves the right to update or modify these Terms at any time.
-
Continued use of the platform after changes indicates acceptance of the revised Terms.
13. Governing Law
-
These Terms are governed by and construed in accordance with the laws of India.
-
Any disputes arising from these Terms shall be subject to the exclusive jurisdiction of the courts in [Insert City].
14. Contact Us
For questions, concerns, or support, please contact us:
Email: friendspay98610@gmail.com
Phone: +91 9860547071
Address: Kharghar, Mumbai, Maharashtra – 410210 (India)
By using FriendsPay, you acknowledge that you have read, understood, and agreed to these Terms and Conditions. Thank you for choosing FriendsPay for your financial needs!