Terms of Service

1. Merchant Service Acceptance

By registering a merchant profile on the MyMobPay Gateway platform, you agree to comply with all terms and conditions set forth herein. MyMobPay acts exclusively as a technology service provider facilitating P2P UPI payment verification and order status logs routing.

Merchants are solely responsible for ensuring the legality of all products, services, and transactions processed via their custom payment links or integrations.

2. RBI Compliance Disclaimer

All transfers are executed via direct peer-to-peer (P2P) banking systems supervised by the National Payments Corporation of India (NPCI) and compliant with Reserve Bank of India (RBI) guidelines. Merchants must ensure their VPAs and associated bank accounts maintain standard regulatory compliance.

3. P2P Settlement and Fee Disclaimers

Since MyMobPay facilitates direct UPI transfers from consumer bank accounts to merchant bank accounts, settlements are **100% instant and direct**. Funds do not transit through platform-controlled bank buffers:

• Zero Aggregator Delay: Unlike traditional payment aggregators, there are no T+1 or T+2 holding delays. Money is settled instantly into your merchant bank account at the moment NPCI verifies the UPI credit.
• Verification Service Fee: The subscription fee covers payment tracking, automated email/SMS verification middleware routing, and the admin console portal, and is billed on a rolling monthly cycle.
• Chargeback & Dispute Resolution: All payment refunds, disputes, or customer queries regarding payments must be handled directly between the merchant and the end-consumer.

4. Service Availability & Limits

While we guarantee high-availability middleware, we are not liable for delayed notification parsing arising from NPCI network congestion, merchant bank downtime, or SMS/email routing delays.