Terms of Service

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Terms of Service


Payintime.in is a brand name under Pulse Payment Technologies Pvt. Ltd.,lendico micro services foundation's Corporate Identification Number is (CIN) U74999TG2022PTC159723 and its registration number is 159723.Its Email address is pulsepaymenttechnologies@gmail.com and its registered address is Flat no 202, Plot No. 119, Road No.15B, Gopal Nagar Society, Hyderanagar, Hyderabad, Telagana 500085. The Services provided by Pulse Payment Technologies Pvt. Ltd. Ltd is in the brand name of "Payintime".

The Access To And Use Of This Website Is Subject To The Following Terms And Conditions Of Use ("Terms"). Please Read The Terms Very Carefully As They Shall Apply To All Users Of This Website. A User May OptFor Services Through This Website Only If He Accepts And Abides By All Of The Terms. lendico micro services foundationMay Periodically Change These Terms Without Notice.


For The Purpose Of These Terms, The Following Words And Phrases Shall Have The Meaning Assigned To Them Under This Article. "Services" Means The Service Provided By lendico micro services foundationAnd Service Providers To Users, Whereby A User Can make Payment To Suppliers, Beneficiaries Or Other Payees, By IMPS/NEFT/RTGS/UPI. That May Be Accepted Bylendico micro services foundationFrom Time To Time In These Terms.


Shall Mean Any Person Who Is Boarded On The lendico micro services foundation Platform For Using This Website And/Or Who Transacts Or Avails Of The Services Through This Website, To Make Payments To Third Parties. The Term "User" Shall Also Cover Such Personnel Of Any User Who Are Authorized To Avail Of The Services On Behalf Of The User.


Means Any Person To Whom A Payment Is Made, Using The Services, (And The Term Includes A User Who Uses The Services To Receive Payment).


Means Any Person Who Makes A Payment, Using The Services (And The Term Includes A User Who Uses The Services To Make Payment).


Mean Any Services Or Products Which Are Purchased/ Offered For Sale By A User To Third Parties From Time To Time, Using These Services. Products Shall Not Include Those Banned Products And Services That Are Listed In Annexure A.

Service Provider

Means A Bank, Association, Facility Provider, Card Issuing Institution, Acquiring Bank, Other Financial Institution, Card Processor, Clearing House Networks Whose Facilities Or Services Are Utilized In The Provision Of These Services


Means A Payment Instruction That Results In The Successful Transfer Of Monies (A) From A User To A Payee; Or (B) From A Payer To A User.

Transaction Amount

Means The Total Amount Payable/ Receivable By A User/Payee. This Amount Shall Include All Taxes, Charges, Interest, Delivery Costs, Commissions, Etc.


The Website And Services Are Intended Solely For Persons Who Can Form Legally Binding Contracts Under Indian Law And Who Are 18 Years Of Age Or Older. Any Access To Or Use Of The Website Or Services By Anyone Under 18 Is Expressly Prohibited. By Using The Website Or Services User Represents And Warrants That He Is 18 Or Older And Is Competent To Contract. User Also Agrees That His Payer/ Payee Is Similarly Competent To Contract.

A User Represents And Warrants That He Has Full Power And Authority For Using The Services And Is In Strict Compliance Of All Laws.

These Terms And Conditions As Accepted By User Shall Be Read Along With And In Addition To Any Terms And Conditions In Force From Time To Time And Issued By Any Service Provider. They Will Also Be Read In Conjunction With The Privacy Policy.

A User May Use The Services And This Website Only If He Accepts And Abides By All Of The Following Terms And Conditions.


In Order To Avail The Services, User Must Be Registered With lendico micro services foundationAnd The Service Providers. User Shall Provide lendico micro services foundationWith All Such Documents As May Be Required. By Registering With lendico micro services foundation, User Agrees To Provide True, Accurate, Current And Complete Information Failing Which lendico micro services foundationMay At Any Time Reject User’s Registration And Terminate His Right To Use Or Access The Website And/Or Services. When User Registers Withlendico micro services foundation, A User Account Will Be Created, That Is Associated With User’s User Name, Password And Other Identifying Information. User Shall Be Responsible For Anything That Happens Through His User Account.

Use Of Services

The Services May Be Used By User For Making Payments To Third Parties.

To Enable The User To Use The Services, A Link With Login Credentials Will Be Communicated To The User On His Mobile Phone Or Email Address And The User Irrevocably And Unconditionally Accepts The Sole Responsibility For Use, Confidentiality And Protection Of Said Login Credentials, Including Passwords, As Well As For All Orders And Information Changes Entered Into The Mobile/ E Mail Account Using Such Login Credentials.

lendico micro services foundationHas No Obligation To Verify The Authenticity Of The Transaction Other Than By Means Of Verification Of The User’s Basic KYC Information. The User Shall At All Times Take All Appropriate Steps, Including Those As Mentioned Herein, To Maintain The Security And Confidentiality Of The Information. lendico micro services foundationShall Not Be Liable For Any Mistake Or Misuse Of The Services By Either The User Or By Any Person Authorized By The User, Or By Any Person Gaining Access To The Services Through The User. User Agrees That lendico micro services foundationAccepts All Instructions Originating From His Account In Good Faith And In A Manner Consistent With Commercially Reasonable Security Standards. User Shall Indemnify And Hold lendico micro services foundationHarmless For Direct Or Indirect Losses Sustained As A Result Of The Disclosure Of Sensitive Information By Or Through User.,

On Receiving The Necessary Details From The Service Provider, lendico micro services foundationShall Initiate The Required Payment To Payee/User/ As Instructed By User/ Payer.

Confirmation Of The Transaction Performed Using Valid Login Credentials Shall Be Conclusive Evidence Of A Transaction Being Effected. User Is Responsible To Furnish lendico micro services foundationWith Correct And Current Payee Information. In The Event That The Payment Is In Respect Of A Purchase Of Products By The User/Payee, lendico micro services foundationShall Not Be Required To Ensure That The Purchased Products Have Been Duly Delivered. In The Event A User Chooses To Complain About A Transaction, The Same Should Be Communicated To lendico micro services foundationWithin 10 (Ten) Days Of The Transaction.

User Obligations

Each User Shall Be Responsible To :-

  • Furnish Correct And Accurate Information Of The Payee As May Be Required, On An Independent Basis;
  • User Shall Not Carry Out Any Activity, Which Is Banned, Illegal Or Immoral
  • Use The Services In Any Manner Or In Furtherance Of Any Activity, Which Constitutes A Violation Of Any Law Or Regulation Or Which May Cause lendico micro services foundationTo Be Subject To Investigation, Prosecution Or Legal Action.
  • User Undertakes And Assures To lendico micro services foundationThat Payments Shall Not Be Made In Respect Of Any Products Mentioned In The Banned Items List Set Out In Annexure A Hereto
  • User Shall Act In Compliance With All Laws, Rules And Regulations And Shall At All Times Comply With The Guidelines Set By Service Providers.
  • User Shall Not Sell, Provide, Exchange, Or Otherwise Disclose To Third Parties Or Use Themselves (Other Than For The Purpose Of Completing A Transaction, Or As Specifically Required By Law) Any Personal Information About Any Third Party, Including The Account Details And Mobile Number, Without Obtaining The Prior Written Consent Of Such Third Party.
  • User Shall Take All Precautions As May Be Feasible Or As May Be Directed By lendico micro services foundationTo Ensure That There Is No Breach Of Security And That The Integrity Of The Link Between Their Systems/ Site, The Website And The Payment Mechanism Is Maintained At All Times. In The Event Of Any Loss Being Caused As A Result Of The Link Being Breached Or As A Consequence Of The Link Being Improper Or Being In Violation Of The Provisions Of This Clause, The Loss Shall Be To The Account Of The User And The User Shall Indemnify And Keep Indemnified lendico micro services foundationAnd The Service Providers From Any Loss As May Be Caused In This Regard.
  • User Shall Bear And Be Responsible For The Payment Of All Relevant Taxes (Including Any Applicable Withholding Taxes) As May Be Due.
  • A User Shall Not At Any Time Require Any Other User To Provide Him With Any Details Of The Accounts Held By The Other Users With Any Banks Including, The Passwords, Account Number, Card Numbers, Mobile Phone Numbers And PIN Which May Be Assigned To Them By The Banks From Time To Time User Shall Use The Information Regarding A Payee/ Payer (Including Name, Address, E-Mail Address, Telephone Numbers And Other Data) Conveyed To Him Whist Using The Services, Only For The Purpose Of Completing The Transaction For Which It Was Furnished, And Not To Sell Or Otherwise Furnish Such Information To Others Unless He Has An Independent Source Of Such Information Or Obtains The Express Consent Of Such Payee/ Payer.
  • A User Shall Inform lendico micro services foundationOf Any Change In His Email Address, Mobile Number, Address, Ownership Or Legal Status Or His Cessation Of Business In Writing 30 Working Days In Advance Of Such Change. User Shall Not Interfere With Or Damage The Website, Including, Without Limitation, Through The Use Of Viruses, Cancel Bots, Trojan Horses, Harmful Code, Flood Pings, Denial-Of-Service Attacks, Backdoors, Packet Or IP Spoofing, Forged Routing Or Electronic Mail Address Information Or Similar Methods Or Technology.
  • lendico micro services foundationHas The Right To Investigate And Prosecute Violations Of Any Of The Above To The Fullest Extent Of The Law.


In Consideration Of The Services Rendered By lendico micro services foundationTo The User, The User Shall Pay To lendico micro services foundationA Fee That Is Agreed Upon In The Fee Schedule Defined In The Merchant Agreement or lendico micro services foundationwebsite Or Proposed By lendico micro services foundationOver Email To The Registered Email Address.

lendico micro services foundationShall Deduct Its Transaction Fees Plus Service Tax Per Successful Transaction And Make Payment Of Of The Transaction Amount To User/ Payee’s Designated Bank Account. All Other Taxes, Duties Or Charges Shall Be Borne And Paid By User, Unless Otherwise Agreed Between The Parties. lendico micro services foundationReserves The Right To Alter / Modify / Change The Discount / Commission Rate At Its Discretion

lendico micro services foundationAlso Reserves The Right To Forthwith Revise The Transaction Fee Payable In The Event Of Any Revision In The Rates Charges By The Acquiring Banks Or Card Associations Or Guidelines Issued By The RBI From Time To Time.

It Is Hereby Agreed And Acknowledged By The Parties That The Transaction Fees Charged By lendico micro services foundationIn Respect Of A Transaction That Has Been Confirmed Shall Not Be Returned Or Repaid By lendico micro services foundationTo The User Or Any Other Person Irrespective Of The Transaction Being Rejected, Charged Back, Refunded Or Disputed.

Specific Terms

lendico micro services foundation is a payment processor for the client and does not have any control of the activities/actions of the business it is helping process payments for.

lendico micro services foundation Will Not Be Responsible For Any Disputes Between The Users And The Payers/ Payees, Including Issues Regarding Prices, Delivery, Non-Delivery Or Delay In Delivery Of The Products, Quality Of Products Or Otherwise. All Such Disputes Will Be Dealt With By And Between The User And The Payer/ Payee Directly, And lendico micro services foundation Shall Not Be A Party To Such Disputes.

lendico micro services foundation Cannot And Does Not Guarantee The Timings Of Any Payments Made Or Received As Such Timing Is Dependent Upon User’s Bank, Acquiring Financial Institution And Other Service Providers. lendico micro services foundation Assumes No Liability And Shall Not Be Held Responsible For Any Delays In Delivery Of Payment.

lendico micro services foundation Shall Not Be A Party To The Agreement Between The User And Any Payee In Any Manner Whatsoever. All Contracts Are Directly Between Users And Their Payees.

User Shall Be Responsible For Any Miscommunication Or Incorrect User/ Third Party/ Other Information That May Be Provided To lendico micro services foundation At The Time Of Enabling The Services For The User.

Any request from the bank or the legal authorities to block an account or mark a lien on any amount of the client will be passed on to the client and the lien of the said amount or unblocking of the account will only happen once cleared by the bank or by the concerned authorities

lendico micro services foundation/ Service Provider Reserve The Right To Impose Limits On The Number Of Transactions Which May Be Charged On An Account During Any Time Period, And Reserve The Right To Refuse To Make Payments In Respect Of Transactions Exceeding Such Limit. lendico micro services foundation/ Service Provider Also Reserve The Right To Refuse To Make Payments In Respect Of Transactions By Users With A Prior History Of Questionable Charges.


Subject To The Provisions Stated Herein And As Specified By lendico micro services foundation From Time To Time, The User Will Not Hold lendico micro services foundation Liable In Case Of Any Improper/ Fraudulent/Unauthorized/ Duplicate/Erroneous Use Of His Mobile And/Or The Web Based Access. lendico micro services foundation Will Also Not Be Liable For Any Consequences Connected With The Use/ Misuse Of User’s Mobile/ E Mail Account By Any Third Party. If Any Third Parties Gain Access To The Services, The User Will Be Responsible And Shall Indemnify lendico micro services foundation Against Any Liability, Costs Or Damages Arising Out Of Such Misuse / Use By Third Parties Based Upon Or Relating To Such Access And Use, Or Otherwise.

The User Shall Be Fully Liable For: (A) Any Unauthorised Use Of His Mobile/ Email Account; And/Or (B) All Authorised Transactions On His Mobile/Email Account.

Without Prejudice To The Remedies Available To lendico micro services foundation And These Terms, lendico micro services foundation Shall Be Under No Liability Whatsoever To The User In Respect Of Any Loss Or Damage Arising Directly Or Indirectly Out Of:

Service Provider

Means A Bank, Association, Facility Provider, Card Issuing Institution, Acquiring Bank, Other Financial Institution, Card Processor, Clearing House Networks Whose Facilities Or Services Are Utilized In The Provision Of These Services.

  • any defect in any Products/Services supplied to them;
  • any inability of a third party to supply or deliver the required Products in the necessary numbers or types;
  • the refusal of any person (including a Service Provider) to honour or accept a payment;
  • the malfunction of any computer terminal or equipment;
  • the utilization of the Services by any person other than by the User;
  • any mis-statement, error or omission in any details disclosed to lendico micro services foundation.


If Either lendico micro services foundation Or Service Provider Suspects, On Reasonable Grounds, That A User Has Committed A Breach Of These Terms Or Any Other Agreement With lendico micro services foundation Or Any Act Of Dishonesty Or Fraud Against lendico micro services foundation/ Any Service Provider, lendico micro services foundation Shall Be Entitled To (A) Suspend All Payment Under These Terms; (B) Deactivate/ Suspend Your User Account And Disable Your Password; And (C) Terminate User’s Access To The Website Or The Services; Pending Enquiries By lendico micro services foundation. User May Cancel His User Account At Any Time By Sending lendico micro services foundation An Email. Please Note That Once Your Account Is Cancelled, lendico micro services foundation Does Not Have Any Obligation To Return Any Data Or Information That May Reside On Its Servers Or Other Equipment.


User Shall Keep lendico micro services foundation Indemnified From And Against Any And All Liability (Including But Not Limited To Liabilities, Judgments, Damages, Losses, Claims, Costs And Expenses,) Or Any Other Loss That May Occur, Arising From Or Relating To Any Claim, Suit Or Proceeding Brought Against lendico micro services foundation By Another User/ Service Provider/ Third Party For Reasons Including, But Not Limited To (I) Delivery, Non Delivery Or Delay, Deficiency Or Mistake In Respect Of The Products Sold; (Ii) A Breach, Non-Performance, Non Compliance Or Inadequate Performance By The User Of Any Of The Terms, Conditions, Representations, Obligations Or Warranties Made By Him; (Iii) Any Acts, Errors, Misrepresentations, Wilful Misconduct Or Negligence Of The User, Or His Employees, Subcontractors And Agents In Performance Of Their Obligations Under These Terms.

The User Shall Comply With All Such Terms And Conditions As lendico micro services foundation Or Any Service Provider May Prescribe From Time To Time With Regard To The Services. All Transactions Effected By Or Through This Website, Shall Constitute Legally Binding And Valid Transactions When Done In Adherence To And In Compliance With The Terms And Conditions Prescribed By lendico micro services foundation Or Seller/ Service Provider.


User Agrees Not To Disclose Or Attempt To Use Or Personally Benefit From Any Non-Public Information That He May Learn On The Website Or Through The Services. This Obligation Shall Continue Until Such Time As The Non-Public Information Has Become Publicly Known Through No Action Of Your Own. If You Are Compelled By Order Of A Court Or Other Governmental Or Legal Body (Or Have Notice That Such An Order Is Being Sought) To Divulge Any Such Non-Public Information, You Agree To Promptly And Diligently Notify lendico micro services foundation And Cooperate Fully With lendico micro services foundation In Protecting Such Information To The Extent Possible Under Applicable Law.

lendico micro services foundation May Access, Preserve And Disclose Any Of Your Information If Required To Do So By Law, Or If We Believe In Good Faith That It Is Reasonably Necessary To (I) Respond To Claims Asserted Against lendico micro services foundation Or To Comply With Legal Process, (Ii) For Fraud Prevention, Risk Assessment, Investigation, Customer Support, Product Development And De-Bugging Purposes, Or (Iii) Protect The Rights, Property Or Safety Of lendico micro services foundation, Its Users Or Members Of The Publicy.

Intellectual Property Rights

The Website Content And The Trademarks, Service Marks And Logos Contained Therein ("Marks") Are Owned By Or Licensed To lendico micro services foundation, Subject To Copyright And Other Intellectual Property Rights Under The Law And International Conventions. Such Website Content May Not Be Copied, Reproduced, Distributed, Transmitted, Broadcast, Displayed, Sold, Licensed, Uploaded, Or Otherwise Exploited Without The Prior Written Consent Of lendico micro services foundation.

Contact Information

Questions about the Terms of Service should be sent to us at info@payintime.in