Terms of Service

1. Introduction

Welcome to RYPay, a financial services platform operated by Riyadh Microfinance based in Delhi, India. These Terms of Service govern your use of our website and mobile application (collectively referred to as "RYPay"), including all services provided therein.

2. Acceptance of Terms

By accessing or using RYPay, you agree to be bound by these Terms of Service and our Privacy Policy. If you do not agree with any part of these terms, you may not use our services.

3. Description of Services

RYPay provides a range of financial services designed to enhance financial inclusivity and empower individuals and businesses across urban India. Our services include:

• Personal loans tailored for education, healthcare, and business purposes.
• Merchant payment solutions to facilitate secure and efficient transactions for businesses of all sizes.
• Financial tools and resources to support economic growth and entrepreneurship.
• Additional services and features as described on our website and mobile application.

4. User Responsibilities

When using RYPay, you agree to:

• Provide accurate and complete information during registration and use of our services.
• Maintain the confidentiality of your account credentials and promptly notify us of any unauthorized access or use.
• Use RYPay in compliance with all applicable laws, regulations, and these Terms of Service.
• Refrain from engaging in any activity that may interfere with the proper functioning of RYPay or compromise its security.

5. Privacy and Data Security

Protecting your privacy and securing your personal information is paramount at RYPay. Our Privacy Policy outlines how we collect, use, and protect your data. By using RYPay, you consent to the collection, storage, and processing of your information as described in our Privacy Policy.

6. Limitation of Liability

RYPay and its affiliates shall not be liable for any indirect, incidental, consequential, special, or punitive damages, including but not limited to:

• Loss of profits
• Loss of data
• Business interruption
• Any other economic loss

This limitation applies whether such claims are based on warranty, contract, tort (including negligence), or any other legal theory, even if RYPay has been advised of the possibility of such damages.

7. Modifications to Terms

RYPay reserves the right to update or modify these Terms of Service at any time. We will notify you of changes by posting the updated terms on our website or through other means deemed appropriate. Your continued use of RYPay after such modifications constitutes acceptance of the revised Terms of Service.

8. Governing Law and Dispute Resolution

These Terms of Service shall be governed by and construed in accordance with the laws of India. Any dispute arising from or relating to these terms shall be exclusively resolved by courts located in Delhi, India.