“Customer” shall mean any person or entity who is buying a product or service from a third-party website (Merchant’s website), mobile application and is paying using Easebuzz payment instruments. “Customer Payment Amount” shall mean the total amount paid by the Customer towards the Merchant Services which shall include, inter alia, charges and other taxes, duties, costs, charges, Easebuzz Fees and expenses in respect of the Merchant Services. “Chargeback” shall mean an approved and settled Transaction that an Issuer, upon receiving a chargeback request from a Customer, reverses to a Payment Service Provider for the Transaction value to be ultimately reversed to the Customer, subject to the Merchant being unable to provide an explanation along with documentary evidence as to why the chargeback request should be rejected in accordance with applicable laws. “Authorization” shall mean the process by which the availability of requisite balances / limit (to conduct the transaction requested) and approval of the Direct Debit Service Providers on the Customer’s Debit Card or Bank Account is established in the Processing Mechanism. “Application Form” shall mean an application submitted by the Merchant to Easebuzz for availing the Services which shall include the data shared by the You while logging in the Platform of Easebuzz and filling in the requisite data/details for the purpose of availing the Services all such data or details whether given in parts either in pull or push mode shall be considered as integral part of the Application Form.
“Authentication” shall mean the process by which Customer identification is authenticated in the Processing Mechanism.
“Acquiring Bank” shall mean a bank or financial institution that processes credit or debit card payments on behalf of any Merchant. The purpose of these Terms, the following words and phrases shall have the meaning assigned under this article. The Terms and Conditions/Terms of Use contained hereinafter (“Terms”) shall apply to the users of the website, Easebuzz mobile applications and any other linked pages, products, software’s, API(s), features, content or application services (“Services”) in connection therewith offered from time to time (collectively referred to as “Platform”/ “Website”) by Easebuzz Private Limited (“Easebuzz”, or “we” or “our” or “us”)Īny individual or business (“you” or “Merchant”), logging in to or using the Website (even when such person does not avail of any services provided in the Website) shall be presumed to have read and unconditionally and irrevocably accepted the Terms set herein for usage of Services of Easebuzz.īy continuing to use the Website, you are legally bound by these Terms and if you do not agree to any of the conditions listed below then please do not use the platform or Services of Easebuzz any further.
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