Terms And Conditions


Terms & Conditions

Accept these Terms & Conditions for becoming a Retailer of Paul Fincap (P) Ltd.


Use of the Paul Fincap retail product & Services and Related Services is subject to these terms & conditions. Please read them carefully.

Paul Fincap Retail Agreement

By Clicking ‘Agree’ you are agreeing to be bound by these Paul Fincap & Third Party Terms

General Terms
  •      Appointment of Retail Outlet
    • Appointment - With effect from the date of this Agreement, the Company appoints the Retail Outlet to act as      its Channel Partner for the purpose of offering Services as given in Schedule 1 to this Agreement in accordance      with the terms and conditions outlined herein.
    • Acceptance
      • The Retail Outlet accepts its appointment as Channel Partner of the Company and agrees to perform all of      its obligations under this Agreement in accordance with the terms and conditions outlined herein.
      • The Retail Outlet represents and confirms that, as on the Commencement Date, it is not party to any     agreement by whatever name called and of whatever nature that restricts or prevents or stands in the way or     would stand in the way on a later date from performing or fulfilling any of its obligations under this     Agreement, or is prejudicial to the interests of the Company.
      • Without prejudice to the generality of the foregoing, the Retail Outlet shall, during the Term of this     Agreement, be under an obligation to not to enter into any agreement or become a part of any business     association present or future that may adversely affect the commercial or other interests of the Company.
    • No partnership or contract of employment - Nothing in this Agreement shall be construed as implying that      the relationship between the Company and the Retail Outlet is that of partners, or employer and employee.     The Retail Outlet acknowledges and confirms its position and relationship with the Company as an independent      contractor.
  •      Offering the Service
    • Compliance with Agreement - The Retail Outlet shall at all times offer the Services in accordance with the     terms and conditions of this Agreement and any other written guidelines issued by the Company.     Notwithstanding the above, in offering the Services, the Retail Outlet shall ensure that it complies with all     applicable laws and regulations including, but not limited to Guidelines issued by Reserve Bank of India from     time to time on KYC, maximum amount of transactions and other matters.

          The Channel Partner shall sight original Photo ID in case of transactions, where KYC has been prescribed by RBI     and will retain the copy of the same for records. As a token of having inspected the original, the –Retail Outlet     shall endorse OSV (Original Seen & verified) on the copies of the Ids. The copies will be submitted to the     Company as directed by the Company
    • Licences and permits - The Retail Outlet shall at all times hold any licences and permits as maybe required to     offer the Service under any Law.
    • Funds held in trust - The Retail Outlet shall hold all monies related to the Service in trust for the Company.
    • Audits and inspections - The Company or any party authorized by it at any time may visit the Retail Outlet’s     locations for the purpose of auditing the Retail Outlet’s compliance with the terms of this Agreement &     applicable law.
  •      Settlement and Charges
    • Sur-Charges for Domestic Money Transfer - The Retail Outlet shall pay surcharge of 0.5% of transaction     amount. Any sort of Tax liability on the earnings of the Retail Outlet will be borne by the Retail Outlet itself.
    • Settlement - For offering the services under this agreement, the Retail Outlet will deposit advance funds with     the Company in designated Bank accounts as intimated by company from time to time and in no circumstances     the Retail Outlet will be allowed to do transactions beyond the amount of advance funds deposited by him with     the company.
  •      Operating hours and location
    • Location - The Retail Outlet shall offer the Service from the Locations approved by the Company only. Should     there be any change in the address of the Location or the Constitution of the Retail Outlet, the Retail Outlet     shall seek prior written approval from Company.
    • Interruptions to operation - Where the Retail Outlet is impeded in offering, or is unable to offer, the Service in     accordance with Clause 4.1, the Retail Outlet shall immediately notify the Company and provide details of the     nature of the interruption and its expected duration.
  •      Advertising and promotion
    • Promotion of the Service - The Retail Outlet shall use its best efforts to advertise and promote the Service.
    • Cessation - Upon the request of the Company, the Retail Outlet shall cease advertising or engaging in any     other form of promotion which, in the opinion of the Company, in their absolute discretion, is considered to be:
      • harmful or adverse to the business or business reputation of the Company or any of its subsidiaries or     affiliates; or
      • Misleading or deceptive, or likely to mislead or deceive.
  •      Exclusivity
    • Inconsistent business ventures-
      • The Retail Outlet agrees on its own behalf, and on the behalf of its affiliates, subsidiaries, employees,     officers, Partners and directors, that neither it nor they shall during the Term of this Agreement and for one     year thereafter act as a Channel Partner or Retail Outlet of any other Company for offering same or similar     services without the prior written consent of the Company.
      • The Retail Outlet acknowledges and agrees that the restrictions contained in clause 6(b) are reasonable and     necessary to protect the reputation & bonafide interests of the Company and agrees that the compensation     received under this Agreement anticipates the operation of clause 6(b) during as well as after the Term of     this Agreement.
  •      Record-keeping and audit
    • Records - The Retail Outlet shall store/keep records of all Transactions in accordance with the RBI     Guidelines/applicable law.
    • Access and audit - The Company shall have access to the records referred to in Clause 8.1 for the purpose of     auditing and reviewing such records.
    • No property - The Retail Outlet acknowledges and agrees that the records referred to in Clause 7(A) shall     remain at all times the property of Company and the Company shall have the right to call for any such records     at any time and failure of the Retail Outlet in complying with this clause will entitle the Company to withhold     any payments due to the Retail Outlet under this agreement or under any agreement with any Associate     Company of the Company, in addition to taking any other action as it deems fit.
  •      Privacy
    •     Handling of personal data - The Retail Outlet will not use the personal data of the customers for any other     purpose except for discharging its functions under this agreement.
  •      Accounting - Notwithstanding any other provision of this Agreement, the Retail Outlet shall be absolutely          liable to account for all funds coming into its possession in connection with the Service and shall hold all          moneys in trust for the Company. Retail Outlet shall indemnify Company against all liability, loss and expense          incurred by Company because of Retail Outlet’s loss of money from the Service.
  •     Assumption or risk, indemnity and insurance
    • Assumption of risk - The Retail Outlet assumes all risks and losses arising from or in connection with offering      the Service, including, but not limited to, theft, forgery, robbery and damage, destruction, loss or      disappearance to, or of, any property or cash (including Software and Equipment).
    • Indemnity - The Retail Outlet shall indemnify and keep indemnified the Company against any liability, cost,      judgment, penalty, fine or the like, including, but not limited to, reasonable legal fees sustained or paid by the      Company by way of suit, claim, settlement or otherwise as a result of any act or omission by the Retail Outlet,      its employees or agents in connection with the Service.
  •     Copyright and other property rights
    • General - The Retail Outlet acknowledges and agrees that all trade names, trademarks, service marks, logos,      copyright and other property rights of the Company or any other Service Provider will remain the exclusive      property of the Company/Service Provider. The Retail Outlet shall not assert any claim in respect of any such      property rights during the Term of this Agreement or thereafter.
    • Customer information - Subject to Clause 11.C, the Retail Outlet acknowledges and agrees that all Customer      information is to remain the exclusive property of the Company and shall not be transferred, disclosed or used      by the Retail Outlet for any purpose without the prior written consent of Company.
    • Permitted disclosure - The Retail Outlet may transfer and disclose information in respect of Customers to law      enforcement authorities as required by law
  •    Termination and suspension; discontinuance
    • Discontinuance - The Retail Outlet acknowledges and agrees that:
      • The Company is not obliged to continue the Service; and
      • The Company may discontinue the Service at any time without any liability to the Retail Outlet
      • Company will have the right at any time to terminate or suspend this agreement by giving a prior written     notice of 30 days, as per its sole discretion without assigning any reasons
      • This Agreement shall continue to be in force until terminated as per this clause.
    • Post-Termination obligations - Following Termination, the Retail Outlet shall:
      • Promptly render a full account to the Company with respect to the Service and shall remain absolutely liable      for all amounts, fees and other charges in accordance with this Agreement;
      • Immediately remove, or permit the Company to remove, all signs, displays or other materials pertaining to      the service
      • Refer all inquiries regarding the Service to a telephone number and/or a location specified by the Company     and shall at no time refer any such inquiry to a person offering a system in any way similar to the Services     under this agreement; and
      • Ensure that it complies with all obligations contained in this Agreement which are intended to continue in      existence after Termination including, but not limited to, the obligations contained in clause 6.
  •    Notices
    • Form and content -A notice in connection with this Agreement shall be in writing and shall be delivered to the     receiving party.
    • Timing and effect - Unless a later time is specified in the notice, a notice takes effect from the time it is     received.
    • Receipt - For the purpose of Clause 13.B, a notice is received when:
      • In case of a letter, it is delivered to the address of the recipient specified in this or as changed in terms of     clause 4.A ; and
      • In the case of a facsimile, on production of a transmission report by the machine from which the facsimile     was sent which indicates that the facsimile was sent in its entirety to the facsimile number of the recipient     notified for the purpose of this clause in this Agreement.
  •     Waiver - Waiver of a breach of any term or condition of this Agreement by either the Company or the Retail           Outlet shall not be deemed or construed to be a waiver of any subsequent breach of the same or another term           or condition.
  •    No Assignment
    • Assignment - The Retail Outlet shall not at any time during the Term of this Agreement:
      • Assign any of its rights, benefits or entitlements under this Agreement to any other party; or
      • Sell, transfer or otherwise dispose of a significant portion of its assets
  •     Governing law and Jurisdiction - The Company and the Retail Outlet agree that this Agreement is governed by           the laws of the Republic of India. The Courts of Chandigarh shall have exclusive jurisdiction over all matters           arising out of or relating to this Agreement.
  •     Whole Agreement - This Agreement, including the schedules and any documents it refers to, constitute the           entire Agreement between the parties with respect to the offering of the Services and supersedes any previous           agreements or understandings between the parties.

Congratulations! You’ve reached the end. Thanks for taking the time to learn about Paul Fincap’s policies, Terms and Condition.


Terms & Conditions

Your use of the Website and services and tools are governed by the following terms and conditions (“Terms of Use”) as applicable to the Website. If You transact on the Website, You shall be subject to the policies that are applicable to the Website for such transaction. By mere use of the Website, You shall be contracting with Paulmoney.in, these terms and conditions constitute For the purpose of these Terms of Use, wherever the context so requires ‘You’ or “User” shall mean any natural or legal person who has agreed to become a member of the Website by providing Registration Data while registering on the Website as Registered User using the computer systems. User is allowed to surf the Website or making purchases without registering on the Website. The term “we”, “us”, “our” shall mean Paulmoney.in. When You use any of the services provided by us through the Website, including but not limited to, (e.g., Customer Reviews), You will be subject to the rules, guidelines, policies, terms, and conditions applicable to such service, and they shall be deemed to be incorporated into this Terms of Use and shall be considered as part and parcel of this Terms of Use. We reserve the right, at our sole discretion, to change, modify, add or remove portions of these Terms of Use, at any time. It is Your responsibility to check these Terms of Use periodically for changes. Your continued use of the Website following the posting of changes will mean that You accept and agree to the changes. As long as you comply with these Terms of Use, We grant You a personal, non-exclusive, non-transferable, limited privilege to enter and use the Website.
We as a service provider shall be under no liability whatsoever in respect of any loss or damage arising directly or indirectly out of the decline of authorization for any Transaction, on Account of the User having exceeded the limits as defined by the regulator from time to time.


Use of the Paulmoney.in Website is available only to persons who can form legally binding contracts under Indian Contract Act, 1872. Persons who are "incompetent to contract" within the meaning of the Indian Contract Act, 1872 including minors, un-discharged insolvents etc. are not eligible to use the Paulmoney.in Website. If you are a minor i.e. under the age of 18 years, you shall not register as a member of the Paulmoney.in and shall not transact or use Paulmoney.in website. As a minor if you wish to use or transact on Paulmoney.in, such use or transaction may be made by your legal guardian or parents who have registered as users of the Paulmoney.in. Paulmoney.in reserves the right to terminate your membership and refuse to provide you with access to the Paulmoney.in if it is brought to Paulmoney.in’s notice or if it is discovered that you are under the age of 18 years. PaulMoney doesn’t allow the User to open more than one account which is associated with one Phone number.

Your Account and Register Obligations

If You use the Website, You shall be responsible for maintaining the confidentiality of your User ID and Password and You shall be responsible for all activities that occur under your User ID and Password. You agree that if You provide any information that is untrue, inaccurate, not current or incomplete or We have reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, or not in accordance with the this Terms of Use, We shall have the right to indefinitely suspend or terminate or block access of your membership on the Website and refuse to provide You with access to the Website. Paul Money requires below for creation of wallet account of the user :

General Terms
  •      Name and Location details
  •      Valid email ID
  •      Valid phone number
  •      Any additional information that is prescribed by the Regulator which is required to satisfy Know Your Customer norms ("KYC Norms"), or as Required by Paul Money.


When You use the Website or send emails or other data, information or communication to us, You agree and understand that You are communicating with us through electronic records and You consent to receive communications via electronic records from Us periodically and as and when required. We may communicate with You by email or by such other mode of communication, electronic or otherwise.


Paulmoney wallet usage will be governed by limits prescribed by RBI from time to time on loading and wallet usage for various services/products. The maximum store value of the Wallet will be governed by RBI and the Risk policies of Paul Money. The user will be allowed to use the Wallet as per the limits prescribed by RBI for different services from time to time.


Membership on the Website is free. There is no charge or fee for browsing on the Website. However we reserve the right to charge fee and change its policies from time to time. There will be charges or fees associated with each services/products available on the website which you agree to pay for availing the services/products. In particular, we may at our sole discretion introduce new services and modify some or all of the existing services offered on the Website. In such an event We reserves, without notice to You, the right to introduce fees for the new services offered or amend/introduce fees for existing services, as the case may be. Changes to the fee and related policies shall automatically become effective immediately once implemented on the Website. Unless otherwise stated, all fees shall be quoted in Indian Rupees. You shall be solely responsible for compliance of all applicable laws including those in India for making payments to us.


While availing any of the payment method/s available on the Website, we will not be responsible or assume any liability, whatsoever in respect of any loss or damage arising directly or indirectly to You due to: •Lack of authorization for any transaction/s, or •Exceeding the preset limit defined by the regulator •Any payment issues arising out of the transaction, or •Decline of transaction for any other reason/s.


We will try to deliver the product/services in the specified time period. Paulmoney.in will not be held responsible in case of delays due to unforeseen and unavoidable circumstances. All items purchased on the Website are made pursuant to a shipment contract. This means that the risk of loss and title for such items pass to You upon our delivery to the carrier. For certain transactions we are tied with third party vendors. Paulmoney.in should not be held responsible for any delay, pricing or cancellation of any transaction which is dependent on third party.


All transactions on the Paulmoney.in website, monetary and otherwise, are nonrefundable, non-exchangeable and non-reversible, save and except in the event of proven gross negligence on the part of Paulmoney.in or its representatives, in which event the user agrees that the user shall only be entitled to a refund of the amount actually paid by the user and actually received by Paulmoney.in with respect to the transaction done by the user. Paulmoney will initiate the refund in the cases mentioned above within 7 working days. We reserve the right to cancel any order at our sole discretion, under a situation where we are not able to meet the requirement of the order placed or order so placed/cancelled does not comply with the our policy or for any other reason. However, we will ensure that any communication of cancellation of an order, so cancelled, is intimated within appropriate time to the concerned person and any applicable refund will be made in reasonable time.

Cancellation of order

We reserve the right to cancel any order at our sole discretion, under a situation where we are not able to meet the requirement of the order placed or order so placed/cancelled does not comply with the our policy or for any other reason. However, we will ensure that any communication of cancellation of an order, so cancelled, is intimated within appropriate time to the concerned person and any applicable refund will be made in reasonable time. Before shipping / delivering your order to you, we may request you to provide supporting documents (including but not limited to Govt. issued ID and address proof) to establish the ownership of the payment instrument used by you for your purchase. This is done in the interest of providing a safe online shopping environment to our users.

Product Description

We try to be as accurate as possible. However, we do not warrant that Product description or other content of this Website is accurate, complete, reliable, current, or error-free.

Contents Posted on Site

All text, graphics, user interfaces, visual interfaces, photographs, trademarks, logos, sounds, music, artwork and computer code (collectively, “Content”), including but not limited to the design, structure, selection, coordination, expression, “look and feel” and arrangement of such Content, contained on the Website is owned and controlled or licensed by us, and is protected by trade dress, copyright, patent and trademark laws, and various other intellectual property rights and unfair competition laws. Except as expressly provided in these Terms of Use, no part of the Website and no Content may be copied, reproduced, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted or distributed in any way (including “mirroring”) to any other computer, server, website or other medium for publication or distribution or for any commercial enterprise, without our express prior written consent.

Other Businesses

Paulmoney.in does not take responsibility or liability for the actions, products, content and services on the Website, which are linked to Affiliates and / or third party websites using Website’s APIs or otherwise. In addition, Website may provide links to the third party websites of our affiliated companies and certain other businesses for which, Paulmoney.in and We assume no responsibility for examining or evaluating the products and services offered by them. We and Paulmoney.in do not warrant the offerings of, any of these businesses or individuals or the content of such third party website(s). Neither Paulmoney.in nor We endorses, in any way, any third party website(s) or content thereof.

Third Party Links

We may provide links to third party websites. Any use of the third party links from our website is the sole responsibility of the User and Paulmoney.in will not be held liable in any circumstances for any problem/situation arising out of the usages of this links.

Disclaimer Of Warranties And Liability

This Website, all the materials and products (including but not limited to software) and services, included on or otherwise made available to You through this site are provided on “as is” and “as available” basis without any representation or warranties, express or implied except otherwise specified in writing. Without prejudice to the forgoing paragraph, we do not warrant that: This Website will be constantly available, or available at all; or The information on this Website is complete, true, accurate or non-misleading. We will not be liable to You in any way or in relation to the Contents of, or use of, or otherwise in connection with, the Website. We do not warrant that this site; information, Content, materials, product (including software) or services included on or otherwise made available to You through the Website; their servers; or electronic communication sent from us are free of viruses or other harmful components. Nothing on Website constitutes, or is meant to constitute, advice of any kind.


You shall indemnify and hold harmless Paulmoney.in, its owner, licensee, affiliates, subsidiaries, group companies (as applicable) and their respective officers, directors, agents, and employees, from any claim or demand, or actions including reasonable attorneys' fees, made by any third party or penalty imposed due to or arising out of Your breach of this Terms of Use, privacy Policy and other Policies, or Your violation of any law, rules or regulations or the rights of a third party.

Applicable Law

This Agreement shall be governed by and interpreted and construed in accordance with the laws of India.