Mysocietyclub PropTech LLP integrates in its Products with many Third Party / Banks Payment Gateways. The usage of the Payment Gateway integrated with products of Mysocietyclub PropTech LLP. will be governed and or subject to the below mention Payment Gateway Terms & Conditions.
Mysocietyclub PropTech LLP. integrates Payment Gateway in its Products, and makes it available for the collection of dues by Associations subscribing to its Products on the Software as a Service model.
The PGI User utilises the PGI upon agreement with the below Terms. While the Terms apply to every PGI User, it is of utmost importance for the Association to understand and agree to these Terms before Activation of the PGI.
"Products" shall mean goods and/or services offered for sale by the Sub-Merchant on the Master Merchant’s Website.
"Customer" means persons who will purchase Products, offered by the Sub-Merchant on the Master Merchant’s Website and through the Internet Payment Gateway using a Valid Card or net banking account or any other acceptable modes of payment mechanism, provided by PayU.
"Nodal Account" shall mean the nodal bank account held by PayU with any of the bank for the purpose of facilitating online payments with respect to RBI notification dated 24th Nov 2009.
"Sub-Merchant" shall mean distributors and franchisees who a have entered into a contract with the Master Merchant in order to sell the Products to Customers through the Master Merchant on the Website.
Mysocietyclub PropTech LLP. has integrated third-party Payment Gateway(s) in their various product which can be availed by Associations for collecting Dues from its Owners/Tenants/Vendors/Registered vendor. For this facility, Mysocietyclub PropTech LLP. plays the role of an Online Collection Agent (Merchant) for the Associations.
The Association further confirms, undertakes and assures Mysocietyclub PropTech LLP., the Card Associations, the Acquiring banks and the facility providers that in the event of violation of any of the byelaws and Standards of the Card Associations, Acquiring Banks, Facility Providers and Mysocietyclub PropTech LLP. by the Association AND any penalty imposed by the Card Associations, Acquiring Banks, Facility Providers on Mysocietyclub PropTech LLP. for any violation for any reason whatsoever, the Association shall on receipt of the claim from Mysocietyclub PropTech LLP. undertakes forthwith without any demur, protest, dispute or delay, to pay to Mysocietyclub PropTech LLP. the amount of the penalty / fine imposed by the Card Associations, Acquiring Banks, Facility Providers on Mysocietyclub PropTech LLP.
Mysocietyclub PropTech LLP., the facility providers and the Acquiring Banks shall not be responsible for the quality of Services to the PGI User. (Services imply those provided by Association to the PGI User. Please refer to Definitions for details). Mysocietyclub PropTech LLP., the facility providers and the Acquiring Banks shall also not be responsible for any non-delivery of the Services to the PGI User. Provided that any and all disputes regarding quality, non-delivery and delay in delivery of the Service or otherwise will be dealt with by and between the Association and the PGI User directly and Mysocietyclub PropTech LLP., the facility providers and the Acquiring Banks shall not be a party to such disputes.
Example of specific situations could result in a charge back claim.
Mysocietyclub PropTech LLP., the Facility Providers and the Acquiring Banks reserves the right to impose limits on the number of purchases which may be charged on an individual credit card account during any time period, and reserves the right to refuse to make payments in respect of transactions exceeding such limit or from PGI Users with a prior history of questionable charges.
Mysocietyclub PropTech LLP. may terminate the PGI Agreement with prior written notice to the Association of at least 30 days if the Association commits any breach of the terms of this Agreement.
In addition to any other termination rights granted by this Terms of Service, Mysocietyclub PropTech LLP. may terminate the Agreement immediately without liability upon verbal or written notice if
In addition to any other termination rights granted under this Terms of Service, either Party may terminate this Agreement on 30 days written notice to the other.
A -502 Charkop Omsiddhivinayak CHS,
Plot No. 50, RDP-II Sector -2A,
Charkop, Kandivali (West)
Mumbai - 400067