Welcome to Terms and Conditions
This legal agreement constitutes an electronic record under the Indian Information Technology Act, 2000, and relevant rules and amendments thereto. It is generated electronically and does not require physical or digital signatures. This document is published in accordance with Rule 3(1) of the Indian Information Technology (Intermediaries guidelines) Rules, 2011, and Rule 4 of the Information Technology (Reasonable security practices and procedures and sensitive personal data or information) Rules, 2011, as amended by the Information Technology Amendment Act, 2008. These rules mandate the publication of Terms of Use and practices for accessing and using any functional website.
Caroset operates and manages this Website, registered under the name M/s Caroset, referred to as “We,” “Our,” and “Us.” Our intention is to ensure your consistent commitment to using this Website and the services provided through it. For the purposes of these Terms of Use (“Terms”), “We,” “Company,” “Our,” and “Us” refer to Caroset. “You,” “Your,” “Yourself,” and “User” refer to natural and legal individuals or firms using this website, who are competent to enter binding contracts under Indian laws. “Third Parties” refer to any website, platform, or individual apart from the Users and the creators of this Website.
1. The headings of each section in these Terms are for organizing the provisions and shall be used to interpret them accordingly. You agree that the headings have legal or contractual value in your usage of the website.
2. Your usage of this website is governed by these Terms, the Privacy Policy uploaded on the website, and any modifications made by us from time to time at our discretion. By continuing to access and use this website, you agree to comply with these Terms and the Privacy Policy.
3. You agree that these Terms and the Privacy Policy are co-terminus, and the termination of one lead to the termination of the other.
4. These Terms and the Privacy Policy constitute a legally binding agreement between us, and your usage of the website constitutes acceptance of these terms.
5. We reserve the right to amend or modify these Terms without prior permission or notice, and your continued usage implies acceptance of the updated terms.
Registration is mandatory for all platform users and is deemed complete only after authentication and verification of user details through mobile or email verification.
1. By accessing this website, you assert that you are legally competent and eligible to enter into binding agreements, and of legal age, possessing the authority to agree to these Terms of Use in accordance with the law. If you are a minor, you may only use this Website with the consent of your legal guardian. Any actions performed by minors shall be deemed to be conducted under the supervision of their legal guardian.
2. You also affirm that you will adhere to these Terms of Use and all relevant local, state, national, and international laws, regulations, and rules.
3. You are prohibited from using the Website if you are not legally competent to contract or are disqualified from doing so by any applicable law, rule, or regulation.
The Website is operated by ‘M/s. Caroset,’ primarily engaged in providing Fin-Tech solutions. It offers payment solutions facilitating users to collect payments through various channels such as UPI with QR, Net-Banking, and Debit & Credit Card payments, utilizing tailored services for customers in both collections and payments. Additionally, the Website offers financial advisory and management services based on the nature of the business platform. It facilitates payment collections under UPI (OR Mode), Net-banking, Debit & Credit Cards by generating payment links, net-banking links, web hooks, payment buttons, and payment subscriptions. Moreover, bulk payout services are provided in UPI payout, Net-Banking Payouts, IMPS, NEFT, and RTGS. The Website may also implement preference-based services for future payment collection methods as per developments. Its functionalities operate in compliance with Indian payment and settlement guidelines to provide digital payment service provider solutions, ensuring seamless bulk transaction settlement services.
For making all payments for purchases on the Website, you shall be required to make payment for which you will be redirected to a third-party Payment service provider that we may have an agreement with. The Payment service provider may additionally seek information from you to process the payment for your purchase and additionally may charge you the Payment service provider charges that may be applicable. The Payment service provider consists of Banking/UPI and other wallet options. You shall be governed under the concerned Payment service provider’s Terms and Conditions and other Policies for the purpose of all payment-related aspects.
All text, graphics, User interfaces, visual interfaces, photographs, trademarks, logos, brand names, descriptions, sounds, music and artwork (collectively, ‘Content’), is generated/provided or based on information provided by the users or third parties and We have no control and make no guarantees regarding the quality, the accuracy, integrity or genuineness of such content or such other information provided on the Website. All the Content displayed on the Website is subject to copyright and shall not be reused by You (or a third party) without the prior written consent from Us and the copyright owner. You are solely responsible for the integrity, authenticity, quality, and genuineness of the content provided on the Website and whilst feedback and comments by You can be made via the Website, we bear no liability whatsoever for any feedback or comments made by the other Users or made in respect of any of the content on the Website. Further, the Website reserves its right to suspend the account of any User for an indefinite period to be decided at the discretion of the Website or to terminate the account of any User who is found to have created or shared or submitted any content or part thereof that is found to be untrue/inaccurate/misleading or offensive/vulgar. You shall be solely responsible for making good any financial or legal losses incurred through the creation/sharing/submission of Content or part thereof that is deemed to be untrue/inaccurate/misleading. You have a personal, non-exclusive, non-transferable, revocable, limited privilege to access the content on the Website. You shall not copy, adapt, or modify any content without written permission from Us.
You hereby agree to indemnify, defend, and hold harmless Caroset, as well as our directors, officers, employees, and agents (collectively referred to as “Parties”), from and against any losses, liabilities, claims, damages, demands, costs, and expenses (including legal fees and disbursements, as well as interest charges) asserted against or incurred by Caroset as a result of any breach or non-performance of any representation, warranty, covenant, or agreement made, or obligation to be performed, under these Terms of Use. Furthermore, you agree to indemnify Caroset against any claims made by third parties arising from:
1. Your use of the Website.
2. Your violation of these Terms of Use.
3. Your violation of the rights of another party.
4. Your alleged improper conduct under these Terms of Use.
5. Your conduct in connection with the Website.
You agree to fully cooperate in indemnifying Caroset at your own expense and not to settle with any party without Caroset’s consent. In no event shall Caroset be liable to compensate you or any third party for any special, incidental, indirect, consequential, or punitive damages whatsoever, including those resulting from loss of use, data, or profits, whether foreseeable or not, and regardless of whether you were advised of the possibility of such damages, or based on any theory of liability, including breach of contract or warranty, negligence, or any other tortious action, or any other claim arising out of or in connection with your use of or access to the Website and/or the services or materials contained therein.
1. Caroset shall not be held responsible for any consequences arising from the following events:
2. Caroset assumes no liability for any errors or omissions, whether on its own behalf or for any damage caused to you, your belongings, or any third party, resulting from the use or misuse of the Website or any service availed through it. The service and any content or material displayed on the service are provided without any guarantees, conditions, or warranties regarding accuracy, suitability, completeness, or reliability. Caroset will not be liable to you for the unavailability or failure of the Website.
3. You are required to comply with all applicable laws and policies, which are hereby incorporated into these Terms of Use by reference.
4. Caroset explicitly excludes liability for any loss or damage that was not reasonably foreseeable and incurred by you in connection with the Website, including loss of profits, and any loss or damage resulting from your breach of these Terms of Use.
5. To the fullest extent permitted by law, Caroset shall not be liable to you or any other party for any loss or damage, regardless of the form of action or basis of any claim. You acknowledge and agree that your sole and exclusive remedy for any dispute with Caroset is to terminate your use of the Website.
1. These Terms of Use shall remain valid and binding between Caroset and you until you continue to access and use the Websites.
2. You have the option to terminate your use of the Website at any time.
3. Caroset reserves the right to terminate these Terms of Use, close your account, or suspend or terminate your access to the Website without notice and for any reason, especially in case of discrepancies or legal issues.
4. Such suspension or termination does not limit Caroset’s right to take further appropriate action against you.
5. It is also acknowledged that Caroset may discontinue the Services and Websites without prior notice.
1. Caroset may unilaterally terminate your access to the Website or any part of it without notice or cause.
2. Caroset retains the right to deny access to any/all users without prior notice to safeguard the Website’s interests and/or other users.
3. Caroset may limit, deny, or modify access to the Website and its features for different users or introduce new features without prior notice.
4. You are obligated to adhere to these Terms of Use until their expiry and do not have the right to terminate them prematurely.
By using this Website and providing your identity and contact information, you consent to receive calls, emails, or SMS from Caroset or its representatives at any time.
If you discover any discrepancies regarding the Website or its content, you can report them to [email protected]. We will investigate and provide a resolution, accordingly, depending on the investigation’s duration.
You agree that Caroset may contact you regarding any services availed on the Website, and you indemnify Caroset against any claims of harassment. Any information shared by Caroset shall be governed by the Privacy Policy.
1. You acknowledge that you are a restricted user of this Website and agree to the following:
2. Provide genuine credentials during the registration process and refrain from using fictitious identities. We bear no liability for incorrect information provided by you.
3. Ensure that your account information, including name, email address, address, and mobile number, is valid and up to date at all times.
4. Take sole responsibility for maintaining the confidentiality of your account password and promptly notify us of any unauthorized account usage. We reserve the right to close your account without notice.
5. Authorize Caroset to use, store, or process personal information and published content for personalization, marketing, and optimization purposes.
6. Understand and agree that Caroset, its affiliates, officers, directors, employees, and agents shall not be liable for any loss or damage arising from the use of the Website.
7. Refrain from copying, modifying, distributing, or selling any information obtained from the Website without prior written permission.
8. Agree not to access the Website through unauthorized means or engage in activities that disrupt access to the Website.
9. Acknowledge that user-generated content on the Website is not owned by Caroset, and we reserve the right to remove offensive or objectionable content at our discretion.
Additionally, you agree:
1. Not to interfere with access to the Website or its services.
2. Not to impersonate any person or entity.
3. Not to probe, scan, or test the vulnerability of the Website.
4. Not to disrupt or harm the security of the Website or its networks.
5. Not to use the Website for unlawful purposes or solicit illegal activities.
6. Not to violate any code of conduct or guideline applicable to the Website.
7. Not to violate any applicable laws, rules, or regulations.
8. Not to commit any act that may disrupt Caroset’s services or internet establishment.
9. To authorize Caroset to disclose information to law enforcement or government officials when necessary.
10. To complete transactions after indicating acceptance for services offered on the Website.
11. To use Caroset’s services for lawful purposes only.
12. To provide authentic information, as we reserve the right to validate it at any time.
Furthermore, you agree not to:
1. Use content that belongs to another person without permission.
2. Publish harmful, defamatory, obscene, or unlawful content.
3. Abuse, harass, threaten, or impersonate others.
4. Publish offensive or menacing information.
5. Threaten national unity, integrity, or public order.
By accepting these terms, you acknowledge and agree to abide by them.
1. In case of disputed payments, refunds will be issued to the original method used for the transaction. If the user fails to contest the Disputed Transaction within the specified working days or contests it without providing adequate documentation, we reserve the right to recover the refund amount from subsequent credits to the escrow account.
2. You are solely responsible for handling all payments related to refunds, and we will not be liable for any claims or disputes arising from such refunds. You agree to indemnify us against any claims, disputes, penalties, costs, and expenses related to refunds and disputes.
3. The User acknowledges that the fees charged by us for Disputed Transactions will not be refunded.
We reserve the right to limit your access or activity on the Website without notice if:
1. You breach any of these Terms of Use or the Privacy Policy.
2. You provide false, inaccurate, or incomplete information.
3. Your actions may harm other users or us.
Unless expressly agreed otherwise, you may not use any of the intellectual property displayed on the Website in a manner that may cause confusion or disparagement. All logos, trademarks, brand names, and other distinctive features belong to Caroset or their respective owners. You acknowledge that reproduction or infringement of intellectual property may result in legal action. These provisions shall survive the termination or expiry of these Terms of Use and/or Privacy Policy.
1. You acknowledge that your use of the Website is at your sole risk and that you exercise prudent judgment before utilizing any features or accessing any information on the Website.
2. Any information, resources, or recommendations obtained from the Website, whether written or oral, do not create any warranty, and we disclaim all liabilities arising from them.
3. We do not guarantee that the features and content of the Website will be uninterrupted or error-free, or that the Website or its server will be free of viruses or harmful components. You accept any associated risks with your use of the Website.
4. The provisions of this section shall remain valid even after the termination or expiry of the Terms of Use and/or Privacy Policy.
We shall not be liable for damages resulting from any delay or failure to perform our obligations hereunder due to causes beyond our control, including but not limited to acts of war, acts of God, natural disasters, riots, technical failures, or internet interruptions.
The formation, interpretation, and performance of these Terms of Use and any disputes arising therefrom shall be resolved through Arbitration. This provision shall survive even after the termination or expiry of the Terms of Use and/or Privacy Policy.
Arbitration: In case of unresolved disputes, arbitration by a sole arbitrator appointed by us shall be conducted in English, with the seat of Arbitration in Chennai, India. The arbitrator’s award shall be binding on all parties, and arbitration costs shall be borne according to the arbitrator’s decision.
You agree that these Terms of Use, Privacy Policy, and any other agreements between the Parties are governed by the laws of India.
1. Entire Agreement: These Terms of Use, along with the Privacy Policy, constitute the entire contract between us regarding the subject matter herein and supersede all prior communications and agreements.
2. Waiver: Our failure to enforce any provision of these Terms of Use shall not affect our right to enforce it later. No waiver of any breach shall be deemed a waiver of any other breach.
3. Severability: If any provision of these Terms of Use is found invalid, illegal, or unenforceable, the remaining provisions shall remain valid and enforceable to the fullest extent permitted by law.
4. Contact Us: For any inquiries about these Terms of Use or the Website, please email us at [email protected]