This document is an electronic record in terms of the Indian Contract Act 1872; the Information Technology Act 2000, the rules made thereunder; and the amended provisions pertaining to the electronic records in various other statutes as amended by the Information Technology Act, 2000. This electronic record is generated by a computer system and does not require any physical or digital signatures.
SAKAERA TECHNOLOGIES PRIVATE LIMITED, having its registered office at No. 1241, 1st Floor, 18th Cross 5th Main, Sector 7 HSR Layout, Bangalore – 560102 (“Company”or“we” or**“us”), is the owner of the website domain at https://orbitwallet.in and mobile application titled Orbit Wallet available on the Google Play Store/Apple Play Store respectively (collectively referred as“Platform”). By clicking ‘I agree’ to these terms & conditions (“Terms of Service”** or ““TOS” or**“Terms”) prior to accessing the Platform or availing Services (as defined below) using the Platform and by continuing to browse and use the Platform to avail Services, you, a User (as defined below), irrevocably and unconditionally are agreeing to comply with, abide by and be bound by all these obligations as stipulated in this TOS, together with our privacy policy available at https://orbitwallet.in/privacy and any other applicable policies referred to herein or made available on the Platform (collectively referred as“Terms and Conditions”**). The Terms and Conditions shall govern the Company’s relationship with user in relation to the usage of the Platform. These Terms and Conditions supersede all previous oral, written terms and conditions (if any) communicated to User and shall act as a binding agreement between Company and the User.
IF YOU DO NOT AGREE TO BE BOUND BY ALL TERMS AND CONDITIONS CAPTURED IN THE TOS, PLEASE DO NOT USE THE PLATFORM OR SERVICES
1. Definitions
a) “Service(s)” means services provided through the Platform, as described in further detail under clause 3 below. “User” or “you” shall mean any person or entity who shall avail Services on the Platform, or their representatives who are registered on the Platform or any visitor on the Platform.
b) “User” or**“you”** shall mean any person or entity who shall avail Services on the Platform, or their representatives who are registered on the Platform or any visitor on the Platform.
2. Updation of Terms and Conditions
Your use of the Platform is subject to the Terms and Conditions, which may be updated, amended, modified or revised by us from time to time with/without notice to you. To ensure that you are aware of any additions, revisions, amendments or modifications that we may have made to these Terms and Conditions, it is important for you to refer to the Terms and Conditions from time to time. The updated Terms and Conditions shall be effective immediately and shall supersede these. We shall not be under an obligation to notify you of any changes to the Terms and Conditions. You shall be solely responsible for reviewing the Terms and Conditions from time to time for any modifications. If you continue to use the Platform/Services after the Updated Terms and Conditions have been published, it shall be deemed that you have read and understood and accept the Updated Terms and Conditions. Any reference to Terms of Service, TOS, made herein shall refer to the latest version of the Terms of Service.
3. Aspects of Our Technology Platform
The Platform contains the following features, aspects and Services (which the Company may, at its sole discretion, modify in the future):
a) Co-branded Prepaid Payment Instrument: The Company partners with entities regulated by the Reserve Bank of India (RBI) to issue co-branded prepaid payment instruments (“PPI”). The company does not own or operate a PPI and has partnered with such regulated third parties as a co-branding entity. The terms of use of such PPI are subject to the separate agreement between you and such regulated third parties. The Company may provide outsourcing services to such regulated third parties including collection of KYC information and facilitation of document execution, but shall not carry out any ‘core management functions’ as defined by the applicable outsourcing regulations of the Reserve Bank of India (RBI).
4. Eligibility
By using the Platform, you affirm that you are at least 18 years of age and are fully able and competent to enter into the terms, conditions, obligations, affirmations, representations, warranties set forth in the Terms and Conditions, and to abide by and comply with the terms stated therein. Registration of User in the Platform is available only to persons who can form legally binding contracts. You further affirm that you are a person resident in India as defined under all applicable laws and shall remain so for the entire duration that you use the Platform and any products, services, or other offerings contemplated hereunder. In the event you do not meet the eligibility conditions stated herein, you shall not use the Platform or any products, services, or other offerings contemplated hereunder.
5. User Account Registration
a) In order to use the Platform and avail the services on the same, you have to create an account (“Account”).b) You can create an Account by submitting certain information such as your name, phone number, email ID and any other KYC information sought by us.
Any sensitive personal data or information submitted by you to us is subject to our Privacy Policy, available at https://orbitwallet.in/privacy-policy
6. Platform License