Terms & Conditions

By using Paymorz, you agree to the following terms and conditions. Please read them carefully before accessing.

Effective Date: 01.08.2025
Entity: QUANTUMCONA LLP (LLPIN: ACE-8779)
Registered Office: Survey No. 130P and 115/1P, We Work Rajapushpa, Nanakramguda Main Road, Medchal–Malkajgiri, Telangana – 500032, India
Trademark: Paymorz™ (registered trademark of QUANTUMCONA LLP)

1. Introduction

These Terms of Service ("Terms") form a legally binding agreement between you ("User," "you," or "your") and QUANTUMCONA LLP, the registered owner and operator of the Paymorz™ digital platform ("Company," "we," "our," or "us").

Paymorz™ provides an enterprise-grade vendor management platform with secure payment processing and facilitates secure holding and release of Client funds through a Payment Gateway-operated account in accordance with RBI regulations. Clients onboard, manage, verify, and initiate payments to their selected Vendors or Service Providers through the Platform. Vendors/Service Providers receive payments upon the Client's release instruction, milestone approval, or other conditions. Paymorz™ does not match Clients and Vendors, does not mediate service contracts, and does not provide freelancer marketplace features.

By accessing, registering, or using the Platform (including the website www.paymorz.com and the Paymorz mobile application), you agree that you have read, understood, and consented to be bound by:

  • these Terms;
  • our Privacy Policy;
  • our Cancellation & Refund Policy; and
  • any other policy or addendum (including the Data Processing Addendum) published on the Platform.

If you do not agree with these Terms or any related policy, you must immediately discontinue using the Platform.

These Terms are issued by QUANTUMCONA LLP (LLPIN: ACE-8779), having its registered office at Survey No. 130P and 115/1P, We Work Rajapushpa, Nanakramguda Main Road, Medchal-Malkajgiri, Telangana – 500032, India.

2. Definitions and Interpretation

Unless the context otherwise requires, the following expressions shall have the meanings assigned to them below.

  • "Account" means a registered user account created on the Paymorz™ Platform to access or use its services. For clarity, an Account does not confer any right to offer or solicit public freelance marketplace services or talent-matching opportunities.

  • "Applicable Law" means all statutes, rules, regulations, notifications, orders, guidelines, and circulars issued by any governmental or regulatory authority in India, including but not limited to the Information Technology Act 2000, DPDP Act 2023, and RBI Payment Aggregator / Payment Gateway Directions as well as any other rules governing nodal accounts, KYC/AML, and payment-system compliance.

  • "Business Day" means a day other than Saturday, Sunday, or an official public holiday in India on which banks and financial institutions remain open for business.

  • "Client" means any registered user who onboards, manages, verifies, and pays its own selected Vendors or Service Providers using the Paymorz™ Platform.

  • "Freelancer" (or "Service Provider") means an independent professional, contractor, or agency engaged directly by a Client outside the Platform, whose invoice-based payments are facilitated through Paymorz™. Paymorz™ does not match, assign, recommend, or adjudicate relationships between Clients and Vendors.

  • "User" collectively refers to any person or entity using the Platform, including Clients, Vendors, or any other authorised user interacting with the Platform for vendor-management or payment-related functionality.

  • "Platform" means the Paymorz™ website (www.paymorz.com), its mobile applications, and related software, interfaces, and services operated by QUANTUMCONA LLP.

  • "Services" means the vendor-management, compliance support, invoice processing, and payment-facilitation functionalities offered by Paymorz™ through integrated Payment Gateway Partners. "Services" expressly exclude marketplace features such as project posting, bidding, talent matching, performance evaluation, or milestone management.

  • "Payment Gateway Partner" means the third-party payment processor(s) integrated with Paymorz™ for secure transaction processing, settlement, and refunds, in accordance with RBI Payment Aggregator and Payment Gateway regulations.

  • "Settlement Period" means the period commencing on the transaction date and ending T+2 Business Days thereafter, subject to the policies and settlement cycles of our Payment Gateway Partner. Paymorz™ does not control or accelerate settlement timelines.

  • "Dispute" means any disagreement or claim relating to payment processing, compliance verification, or platform-related issues. Disputes relating to service quality, deliverables, delays, or commercial arrangements between Clients and Vendors fall outside the scope of Paymorz™ and must be resolved directly between the parties.

  • "Refund" means any reversal or partial reversal of funds initiated pursuant to the Paymorz™ Cancellation & Refund Policy.

  • "Personal Data" has the meaning assigned under the Digital Personal Data Protection Act 2023 and includes any data that can identify an individual.

  • "KYC Information" means user identity and business verification details (such as PAN, Aadhaar, GST, or bank details) collected in accordance with applicable laws, solely for compliance and payment-processing purposes.

  • "We," "us," and "our" refer to QUANTUMCONA LLP, the registered owner and operator of Paymorz™.

2.1. Interpretation

  • Words importing the singular include the plural and vice versa.
  • Headings are for convenience only and shall not affect interpretation.
  • References to "include," "includes," or "including" shall be construed as "without limitation."

3. Eligibility and Account Registration

3.1. Eligibility Requirements

You may use the Paymorz™ Platform only if you:

  • are at least 18 years of age and have the legal capacity to enter into binding contracts under Indian law; or
  • if under 18, are using the Platform under the supervision and verifiable consent of a parent or legal guardian who accepts these Terms on your behalf.

The Platform is intended for business, vendor-management, and payment transactions between Clients and their selected Vendors.

3.2. Account Creation

To access Platform features, you must register and maintain an Account. During registration, you agree to provide accurate, complete, and updated information including your name, email address, contact number, and identity verification details. Your login credentials are personal to you and may not be shared with or transferred to any other person or entity.

Account creation is required to initiate, hold, release, or receive funds through our authorised Payment Gateway Partner.

3.3. KYC and Verification

As part of our compliance with applicable laws and our Payment Gateway Partner's requirements, you consent to our collection and verification of your KYC Information, which may include PAN, Aadhaar (for identity confirmation only), GST registration details, and bank account information. We use this data solely for identity validation, transaction settlement, and compliance purposes, and store it in accordance with the Digital Personal Data Protection Act 2023 and UIDAI guidelines.

Incomplete or failed KYC may prevent or delay deposits, milestone releases, or settlement to Vendors until verification is completed.

Paymorz™ or the Payment Gateway Partner may request additional documents at any time to comply with AML, fraud-prevention, or regulatory requirements.

3.4. Multiple Accounts

Each User is permitted to maintain only one Account. Creating duplicate or fraudulent accounts may result in immediate suspension and restriction or reversal of access to funds, subject to applicable Payment Gateway Partner rules.

Paymorz™ may, at its discretion, consolidate or restrict duplicate accounts to mitigate financial or compliance risks.

3.5. Organisational Accounts

If you register on behalf of a company or legal entity, you represent that you have authority to bind that entity to these Terms. All references to "you" and "your" shall include the entity and its authorised users.

The entity is responsible for all transactions initiated or approved through its authorised representatives.

3.6. Accuracy and Updates

You must maintain accurate and current information in your Account. We may suspend or terminate access if information is found to be false, incomplete, or misleading.

3.7. Lawful Use

You agree to use the Platform only for lawful business, vendor-management, invoicing, payment, and settlement-related activities and not for any fraudulent, deceptive, or restricted transactions.

Paymorz™ reserves the right to deny or terminate access where required by law or our Payment Gateway Partner's compliance policy.

Use of the Platform to circumvent payment timelines or settle payments outside authorised Payment Gateway Partner channels is strictly prohibited.

4. Nature of Services and Platform Role

4.1. Intermediary Platform

Paymorz™ is a comprehensive vendor-management and payment facilitation platform that empowers businesses to seamlessly onboard, verify, and manage their chosen vendors or service providers for any project or operational requirement. The platform offers structured workflows for vendor onboarding, invoice submission and tracking, performance visibility, secure payment releases.

Paymorz™ does not provide a public marketplace, talent directory, or service solicitation forum, matching, bidding system, or project solicitation environment.

4.2. No Employment or Agency Relationship

Paymorz™ does not employ, manage, or control Freelancers and is not a party to any contract between Clients and Vendors. Each User acknowledges that:

  • Vendors operate as independent contractors;
  • Clients and Vendors enter into contracts directly with one another; and
  • Paymorz™ is not an employer, agent, insurer, guarantor, or representative of either party.

Paymorz™ does not oversee service quality, delivery timelines, contractual terms, or deliverable acceptance, and shall not be responsible for disputes relating to performance, quality, or commercial expectations.

4.3. Facilitation of Payments

Paymorz™ enables secure transactions through authorized Payment Gateway Partners. Funds are deposited by Clients into an RBI-compliant nodal account operated by our Payment Gateway Partner. Funds remain under the control of the Payment Gateway Partner and are released only upon: (a) Client authorization for payment, (b) successful processing of the submitted invoice, or (c) conditions prescribed under the applicable terms.

Settlement to eligible recipients is initiated on a T+2 Business Day basis, subject to the processing timelines and operational rules of the Payment Gateway Partner and banking institutions.

Paymorz™ does not control or guarantee the timing of settlement, the success of payment authorization, delays caused by banks, networks, regulatory holds, or Payment Gateway Partner processes. The Company's obligation is limited to transmitting authorized payment, refund, or release instructions to the Payment Gateway Partner based strictly on Client approvals. Paymorz™ does not at any stage hold user funds.

4.4. Service Scope and Limitations

The Platform may include dashboards, invoicing interfaces, statistics for tracking their vendor payment and sending invoices. Paymorz™ reserves the right to modify, suspend, or discontinue any feature or service at its discretion without prior notice, provided such modification does not materially impair ongoing contractual commitments, and provided it does not compromise the integrity of ongoing funds or violate existing regulatory obligations.

4.5. No Guarantee of Outcomes

Paymorz™ makes no representation or warranty regarding the accuracy, quality, reliability, or suitability of any Vendor, Client, project, deliverable, or commercial arrangement engaged. Users are responsible for verifying qualifications, project suitability, and contractual terms before engagement.

Paymorz™ does not assess or guarantee vendor performance, service outcomes, or compliance with contractual obligations.

4.6. Compliance and Regulatory Role

Paymorz™ operates in accordance with applicable Indian laws, including the Information Technology Act 2000, DPDP Act 2023, and RBI payment settlement directives. The Platform's role is strictly limited to technological facilitation, payment instruction forwarding, compliance verification, record maintenance, and intermediary communication with Payment Gateway Partners as per these laws.

Paymorz™ does not exercise custodial control over funds and shall at all times operate strictly within the Payment Aggregator/Payment Gateway regulatory framework.

5. User Obligations and Prohibited Conduct

5.1. General Responsibilities

By using the Platform, you agree to:

  • act honestly, professionally, and in good faith in all interactions;
  • provide true, accurate, current, and complete information at all times;
  • comply with all applicable laws, tax obligations, and payment regulations;
  • respect the intellectual property, confidentiality, and data privacy of other users; and
  • promptly update your account details, vendor information, and transaction-related data as needed.

You further agree to comply with all KYC requirements and Payment Gateway Partner rules while transacting through the Platform.

5.2. Prohibited Conduct

You shall not, directly or indirectly:

  • use the Platform for any unlawful, fraudulent, or misleading purpose;
  • create multiple or fake accounts, misrepresent your identity, or impersonate another person or entity;
  • post, transmit, or share any content that is defamatory, obscene, discriminatory, hateful, or otherwise objectionable;
  • infringe upon or misuse any third party's intellectual property or confidential information;
  • attempt to bypass, disable, or interfere with the Platform's security features, payment systems, or verification tools;
  • circumvent, bypass, or attempt to circumvent payment flows, invoice process, or applicable fees by engaging Vendors or Clients outside authorised Platform workflows for transactions initiated on Paymorz™;
  • upload viruses, malware, scripts, or any harmful code that could disrupt or damage the Platform or user devices;
  • harvest, scrape, or collect data from the Platform without written consent;
  • submit misleading, incomplete, or deceptive transaction details, invoices, vendor information, or payment instructions;
  • engage in spamming, solicitation, chain messages, or unsolicited marketing;
  • share or resell Platform access credentials or permit unauthorized use of your account;
  • engage in harassment, abuse, or discriminatory conduct toward any user, support staff, or company representative.

In addition, Users shall not engage in any activity that may:

  • interfere with fund flows, initiate unauthorized or improper release or refund requests or misuse dispute processes;
  • initiate off-platform settlements intended to defraud, deceive, or evade payment rules.

5.3. Confidentiality and Data Protection

You acknowledge that you may receive access to confidential information (including transaction details, client / vendor data, payment information, or proprietary materials). You agree to:

  • use such information solely for legitimate purposes related to the Platform;
  • not disclose or misuse such information for personal or third-party gain; and
  • comply with the Digital Personal Data Protection Act 2023 and the Platform's Privacy Policy in handling all personal data.

You must also ensure that any personally identifiable information shared between Client and Vendor is communicated lawfully, securely, and only when necessary for fulfilment of an agreed engagement.

5.4. No Circumvention of Platform or Fees

Users shall not attempt to complete, settle, or negotiate transactions initiated on Paymorz™ outside the Platform or in a manner that avoids applicable fees or payment gateway usage.

Violation of this clause may result in immediate termination of account, suspension of access to funds, delayed release pending investigation, and potential legal action.

Paymorz™ reserves the right to deny payment release or refund requests where circumvention, fraud, or fee evasion is suspected.

5.5. Cooperation with Investigations

Users agree to cooperate fully with Paymorz™ in any investigation, audit, or dispute, including providing requested documentation, communication records, or identity verification when reasonably required.

Failure to cooperate may result in delayed payment release, restricted account access, or compliance reporting to Payment Gateway Partners or authorities.

5.6. Suspension and Enforcement

Paymorz™ reserves the right to monitor platform activity and suspend, restrict, or terminate any account that violates these Terms or applicable law. Reinstatement is at the Company's sole discretion.

Paymorz™ may also pause, withhold, or restrict access to funds where fraudulent, deceptive, disputed, or unauthorized activity is suspected, pending compliance or security review.

Paymorz™ will request the Payment Gateway Partner to place administrative holds where applicable; actual holds and reversals are executed by the Payment Gateway Partner in accordance with their rules.

6. Account Security, Suspension, and Termination

6.1. Security Obligations

You are solely responsible for safeguarding your Account credentials, including login ID, password, and any authentication tokens. You must not share these credentials with any third party.

You agree to:

  • promptly notify Paymorz™ of any unauthorized access, breach, or misuse of your Account;
  • log out at the end of each session; and
  • maintain updated antivirus and security measures on your devices.

Paymorz™ is not liable for any loss or damage arising from your failure to maintain Account security.

Any unauthorized instruction issued from your Account may be treated as authorized until you notify Paymorz™; however, Paymorz™ will act reasonably and promptly to investigate and, where appropriate, instruct the Payment Gateway Partner to reverse or remediate wrongful releases in accordance with gateway rules and applicable law.

6.2. Account Monitoring and Verification

Paymorz™ may periodically review Accounts for suspicious activity, incomplete KYC, or policy violations. The Company reserves the right to request additional verification or documentation at any time to comply with legal, tax, or regulatory requirements.

You agree to promptly respond to any such requests. Failure to do so may result in delayed payment release, temporary holds, or account suspension.

6.3. Suspension of Account

Paymorz™ may temporarily suspend your Account, restrict access, or place funds under review or compliance hold under the following circumstances:

  • suspected fraud, charge back, money laundering, or violation of these Terms;
  • failure to complete KYC verification or respond to compliance queries;
  • receipt of complaints, legal notices, or law enforcement requests; or
  • security or technical concerns affecting the Platform.

During suspension, access to certain features (including withdrawals or payment release requests) may be limited.

Paymorz™ may also instruct the Payment Gateway Partner to pause disbursement or refunds until the issue is resolved.

6.4. Termination of Account

Paymorz™ may permanently terminate your Account and revoke access if:

  • repeated or serious violations of these Terms occur;
  • identity fraud or misrepresentation is detected;
  • circumvention of Platform payments or payment workflows is identified; or
  • the Account remains inactive for a continuous period of 12 months or longer.

Paymorz™ will make reasonable efforts to notify you of termination by email or in-app notification unless prohibited by law or investigation confidentiality.

Immediate termination without notice may occur where fraud, regulatory breach, or unauthorized activity is detected.

6.5. Consequences of Termination

Upon termination:

  • all rights and licenses granted to you under these Terms shall cease immediately;
  • any funds held may be released, refunded, or placed on compliance hold strictly in accordance with Payment Gateway Partner rules; Paymorz™ does not own funds and will act only in accordance with Payment Gateway Partner rules regarding entitlement;
  • Paymorz™ may retain necessary transaction records, KYC data, and audit logs as required under Applicable Law for a minimum of 8 years; and
  • your Account information may be anonymised or deleted once retention obligations expire.

Termination does not affect any obligation relating to fees, charge backs, disputes, or regulatory inquiries initiated prior to termination.

6.6. Voluntary Account Closure

You may request Account closure at any time by contacting support@paymorz.com. Closure requests will not affect transactions already in progress, and funds will be processed as per applicable settlement timelines.

Account closure will not override pending compliance reviews, charge back investigations, or payment holds.

6.7. Reinstatement

Reinstatement of a suspended or terminated Account is at Paymorz™'s sole discretion and may require additional verification or payment of any outstanding dues or penalties.

Paymorz™ may impose enhanced KYC, security checks, or limited feature access as conditions for reinstatement.

7. Payments and Settlement

7.1. Payment Facilitation Role

Paymorz™ facilitates all payments between Clients and Vendors/Service Providers through secure, RBI-authorized Payment Gateway Partners. The Platform acts solely as a technological intermediary and does not hold, own, or manage user funds directly.

All payment processing, settlement, refunds, and reversals are executed exclusively by the Payment Gateway Partner in accordance with RBI Payment Aggregator / Payment Gateway Directions. Paymorz™ only forwards authorized instructions and does not exercise custody or control over funds.

7.2. Payment Processing

When a Client funds a transaction, invoice, engagement, the payment amount is credited to a designated account managed by our Payment Gateway Partner. The funds remain held until the dispute resolution process determines fund allocation.

Funds do not belong to Paymorz™ at any stage, and Paymorz™ cannot redirect, hold, freeze, or reassign funds except by transmitting Client-authorized instructions or as mandated by Payment Gateway or regulatory authorities.

Paymorz™ may request administrative holds or reversal actions through the Payment Gateway Partner, but the execution and timing of any such hold or reversal are subject to the Payment Gateway Partner's policies and banking processes.

7.3. Release of Funds

Upon Client approval or completion of the applicable review period, Paymorz™ will instruct the Payment Gateway Partner to release the corresponding funds to the Vendor's/Service Provider's verified account, subject to applicable service fees, taxes, and compliance verification.

Payment releases may be delayed where KYC, AML, compliance flags, charge backs, suspicious-activity reviews, or gateway-initiated holds are active.

7.4. Settlement Period (T+2)

Fund settlement to eligible Vendors is typically initiated on a T+2 Business Day basis (two business days after the transaction date or approval date), subject to the Payment Gateway Partner's settlement policies, RBI guidelines, and banking holidays.

Paymorz™ does not control or guarantee the exact settlement timing. Settlement may be delayed due to:

  • banking or intermediary network issues;
  • ongoing disputes or refund reviews;
  • KYC or AML verification requirements; or
  • gateway or regulatory compliance holds.

Users acknowledge that delays originating at the Payment Gateway Partner or banking networks are outside Paymorz™'s control.

7.5. Dependency on Payment Gateway Partners

All financial transactions, settlements, and refunds are processed under the operational control of the Payment Gateway Partner(s). Paymorz™ shall not be liable for any delay, failure, or error caused by such third parties, banks, or financial institutions, except to the extent such loss or damage is directly caused by Paymorz™'s proven gross negligence or willful misconduct in relation to the transmission of authorized instructions.

Paymorz™ does not guarantee uninterrupted availability of the Payment Gateway Partner's services.

7.6. Service Fees

Vendors/Service Providers: Paymorz™ may charge a platform service fee on each successful transaction, deducted automatically prior to fund release.

Clients: A processing or convenience fee may apply on invoice or milestone funding, visible at checkout.

Fees are non-refundable once the transaction is completed, except in cases of verified technical errors or as mandated by law.

Refunds of fees are further subject to non-refundable gateway MDR and statutory deductions.

7.7. Taxes and Withholding

Each User is solely responsible for complying with applicable tax laws, including GST, TDS, and income tax. Paymorz™ may, where required, deduct TDS or collect GST as per statutory obligations. System-generated invoices and transaction summaries will be made available for record-keeping and compliance.

Paymorz™ does not provide tax advice and shall not be responsible for Users' tax reporting obligations.

7.8. Chargebacks and Refunds

In the event of charge backs, disputes, or refunds, Paymorz™ may temporarily instruct the Payment Gateway Partner to place funds under review until the matter is resolved.

Refund eligibility, deduction of fees, and refund timelines are governed by the Cancellation & Refund Policy, which forms an integral part of these Terms.

Charge back outcomes are determined solely by the issuing bank and card network rules. Paymorz™ has no authority to overrule bank or gateway decisions.

7.9. Withholding and Offsetting Rights

Paymorz™ reserves the right to recommend or request the Payment Gateway Partner to place holds, offsets, or adjustments in the following circumstances:

  • suspected or proven fraudulent activity;
  • double payments or system errors;
  • charge backs or compliance-related disputes;
  • recovery of platform fees or penalties owed.

Any hold or offset is executed by the Payment Gateway Partner, not Paymorz™ itself.

7.10. Currency and Exchange

All payments are processed in Indian Rupees (INR) unless otherwise specified. For international transactions, foreign exchange conversion rates and associated charges will be determined by the Payment Gateway Partner and/or the User's bank.

7.11. Records and Audit

Paymorz™ maintains detailed digital transaction logs and audit trails for a minimum of 8 years for regulatory and tax compliance. Users may access basic transaction history via their dashboards.

Additional logs may be retained where required by RBI, tax authorities, law enforcement, or Payment Gateway Partners.

7.12. No Interest on Funds

Funds held do not accrue interest. Users agree that no interest or other return will be payable for the duration funds remain under settlement processing.

All interest, if any, accrues solely to the Payment Gateway Partner or bank in accordance with regulatory norms.

8. Dispute Resolution Between Users

8.1. Neutral Facilitation Role

Paymorz™ provides a neutral payment-dispute facilitation mechanism for resolving disputes between Clients and Vendors/Service Providers arising out of transactions or invoice-based engagements initiated on the Platform.

Paymorz™ is not a judicial or arbitral authority, and its role is limited to assisting Parties in reaching a resolution based on transaction records, invoices, milestone acknowledgements, and evidence available on the Platform. Paymorz™ does not adjudicate legal liability or damages and will only evaluate performance claims to the extent necessary to determine the appropriate payment release.

8.2. Scope of Disputes

Disputes eligible for Platform resolution include:

  • non-delivery or delay of agreed services;
  • unsatisfactory or materially deficient deliverables;
  • refund or milestone release disagreements;
  • misrepresentation, fraud, or breach of Platform policies.

Disputes purely related to off-platform discussions, scope changes, subjective service quality claims, or unrecorded agreements fall outside Platform jurisdiction.

8.3. Initiation of Dispute

A User may raise a dispute through the Platform's official dispute resolution module or by email to support@paymorz.com within 7 calendar days of invoice submission, milestone upload, or deliverable submission, whichever is earlier.

Disputes raised after funds have been released may not be eligible for Platform intervention.

8.4. Submission of Evidence

Both parties must provide relevant evidence including communications, work agreements, deliverables, or screenshots as requested by Paymorz™. Failure to provide requested information within the stipulated time may adversely affect a party's claim.

Paymorz™ will consider only information available on or submitted through the Platform or officially approved channels.

8.5. Review and Determination

Upon receiving a dispute, Paymorz™ will:

  • acknowledge receipt within 2 Business Days;
  • review all evidence and communications exchanged through the Platform;
  • allow both parties to make written submissions; and
  • issue a determination within 10 Business Days, unless extended for valid reasons.

The Company's determination may include:

  • full or partial refund to the Client;
  • release of funds to the Vendor/Service Provider; or
  • split disbursement based on objective evidence of service completion.

Paymorz™'s role is limited to determining the appropriate instruction to the Payment Gateway Partner; Paymorz™ does not determine legal liability or damages.

8.6. Binding Effect

Both parties agree that Paymorz™'s decision, made in good faith and supported by evidence, shall be final and binding within the scope of Platform operations.

Either party may pursue external legal remedies at their own cost and risk after the internal process is exhausted.

Funds will not be released until the internal process is completed, unless required by law or instructed by the Payment Gateway Partner.

8.7. Temporary Fund Holds

During an active dispute, Paymorz™ may request the Payment Gateway Partner to place administrative or compliance holds on pending funds to prevent withdrawal until the matter is resolved.

Settlement and release instructions to the Payment Gateway Partner will occur only after Paymorz™ issues its determination.

Paymorz™ does not unilaterally freeze funds; any hold is executed by the Payment Gateway Partner in accordance with its operational rules.

8.8. No Liability for External Disputes

Paymorz™ shall not be responsible for disputes arising from agreements or communications made outside the Platform, including off-platform negotiations, offline payments, off-platform work delivery, or engagements not funded through the Platform.

Any off-platform arrangements void Platform dispute rights.

8.9. Escalation and Grievance Redressal

If a User is dissatisfied with the outcome of a Platform-mediated dispute, they may escalate the matter by writing to the Grievance Officer at grievance@paymorz.com within 7 Business Days of the decision.

The Grievance Officer will review the case independently and respond within 15 Business Days.

The Grievance Officer's review is limited to procedural fairness and evidence evaluation; it is not a re-trial or arbitration.

9. Intellectual Property Rights and Platform Content

9.1. Ownership of Platform Intellectual Property

All rights, title, and interest in and to the Paymorz™ Platform —including but not limited to its software, source code, user interface, design elements, databases, trademarks, trade names, logos, domain names, documentation, and all associated intellectual property —are and shall remain the exclusive property of QUANTUMCONA LLP or its licensors.

Nothing in these Terms grants any license or right to reproduce, modify, or commercially exploit any part of the Platform without our prior written consent.

Users acknowledge that Platform elements may be protected by copyright, trademark, trade secret, and other IP laws in India and internationally.

9.2. Limited User License

Subject to your compliance with these Terms, Paymorz™ grants you a limited, non-exclusive, non-transferable, revocable license to access and use the Platform solely for legitimate business, vendor-management, invoicing, or payment transactions conducted through it.

This license does not include the right to copy, reverse engineer, decompile, or create derivative works of the Platform.

Any unauthorized use shall result in immediate termination of the license.

9.3. User-Generated Content (UGC)

You retain ownership of any content (such as profile information, vendor profiles, business documentation, compliance information, invoices, or uploaded documents) that you submit to the Platform ("User-Generated Content"). By submitting or uploading UGC, you grant Paymorz™ a worldwide, royalty-free, non-exclusive license to host, display, store, and transmit such content solely for the purpose of operating and improving the Platform.

You represent that your UGC does not infringe the rights of any third party and that you have obtained all necessary permissions.

UGC may be used for identity verification, compliance checks, fraud-prevention systems, and dispute resolution where applicable.

9.4. Work Product and Assignment Between Client and Vendor/Service Provider

Unless otherwise agreed in writing between the Client and Vendor/Service Provider through the Platform:

  • all rights, title, and interest in the deliverables or work product created under a Client-Vendor engagement ("Work Product") shall, upon full and final payment by the Client through Paymorz™, automatically transfer to the Client;
  • the Vendor/Service Provider hereby assigns all copyright and related rights in the Work Product to the Client and waives any moral rights to the extent permitted by law; and
  • until such payment is completed, all IP in the Work Product shall remain the property of the Vendor/Service Provider.

Paymorz™ is not a party to any IP assignment and does not guarantee the originality, legality, or enforceability of Work Product. IP ownership is entirely governed by the agreement between Client and Vendor.

9.5. Third-Party Materials

Where any third-party content, software, or materials are incorporated into a Work Product, the Vendor/Service Provider shall ensure that such use is properly licensed and shall grant the Client only those rights permitted by the relevant license terms.

Paymorz™ bears no responsibility for unlicensed or improper use of third-party content by Users.

9.6. Trademarks and Brand Use

The marks "Paymorz™", "Quantumcona LLP", and all related logos, slogans, and trade dress are registered or unregistered trademarks owned or controlled by Quantumcona LLP. Users may not use these marks, or any confusingly similar variations, without express written authorization.

All goodwill arising from authorized use shall accrue solely to Quantumcona LLP.

9.7. Infringement and Takedown

Paymorz™ respects the intellectual-property rights of others and will respond promptly to valid notices of alleged infringement. If you believe content on the Platform infringes your rights, please email grievance@paymorz.com with supporting documentation.

Paymorz™ may remove or disable access to allegedly infringing material pending investigation, without liability to the User.

9.8. Survival

The provisions of this Clause shall survive termination of your Account and continue to apply to any IP created, transferred, or hosted through the Platform prior to termination.

This includes Work Product rights, UGC licenses, and all Platform IP protections.

10. Data Protection and Privacy

10.1. Commitment to Privacy

Paymorz™ is committed to protecting your personal information and handling it responsibly in accordance with the Digital Personal Data Protection Act, 2023 ("DPDP Act"), the Information Technology Act, 2000, and other applicable data protection laws.

Paymorz™ functions as a Data Fiduciary under the DPDP Act and processes personal data only for lawful, necessary, and limited purposes directly connected to Platform operations.

10.2. Applicability and Consent

By accessing or using the Platform, you consent to the collection, storage, use, and processing of your personal information in accordance with our Privacy Policy, which forms an integral part of these Terms.

You further consent to our sharing of such data with verified third-party partners (e.g., payment gateways, KYC vendors, OTP services) solely for lawful and contractual purposes.

You acknowledge that certain data sharing is mandatory for KYC, AML compliance, and Payment Gateway Partner requirements. Refusal to provide required data may limit or prevent Platform usage.

10.3. Categories of Data Collected

We may collect and process the following categories of data:

  • Personal identification data (name, email address, phone number, business name, etc.);
  • KYC information such as PAN, Aadhaar, GSTIN, and bank account details, collected for identity and compliance verification only;
  • Transactional data related to payments, refunds, and settlements;
  • Technical data (device identifiers, IP address, cookies, analytics); and
  • Communication and engagement- or transaction-related content exchanged through the Platform.

No biometric, financial password, or sensitive personal data is collected unless expressly required by law or KYC norms.

10.4. Purpose and Lawful Basis

Your data is collected and processed for the following lawful purposes:

  • account registration, KYC verification, and identity validation;
  • facilitation of transactions and settlement through our Payment Gateway Partner;
  • communication, support, and dispute resolution;
  • fraud prevention, audit, and regulatory compliance; and
  • improvement of Platform functionality and security.

All data is processed on one or more lawful bases, including your explicit consent, contractual necessity, or compliance with a legal obligation under Indian law.

Paymorz™ shall not process personal data for advertising, profiling, or unrelated commercial purposes.

10.5. Aadhaar Handling and KYC Limitation

If Aadhaar details are collected for KYC or identity verification, they will be used solely for that purpose, stored securely in masked or encrypted form, and deleted or anonymised after completion of verification unless longer retention is required by law.

Paymorz™ does not display, disclose, or use Aadhaar numbers for profiling or marketing.

Aadhaar authentication is performed only through authorized e-KYC / KUA-compliant processors (e.g., Sandbox) where legally permissible; Paymorz™ does not store Aadhaar numbers and retains only verification tokens or masked references as permitted by UIDAI.

10.6. Data Residency and Sub-processors

All user data is stored within data centers located in India, consistent with applicable regulatory and contractual requirements.

We use authorized sub-processors —including Clerk, 2factor.in, Sandbox, Razorpay, Supabase, Google Cloud (India region), Mixpanel, and Google Analytics —for limited processing activities such as authentication, messaging, hosting, analytics, and payment facilitation.

Each sub-processor operates under a binding Data Processing Addendum (DPA) that requires equivalent security, confidentiality, and DPDP compliance. A current list of sub-processors is available upon written request.

No personal data is transferred outside India except as permitted under the DPDP Act or where strictly necessary with user consent and appropriate safeguards.

10.7. Data Security

Paymorz™ implements appropriate technical and organizational measures, including encryption, access controls, role-based permissions, and secure storage infrastructure, to protect data against unauthorized access, alteration, or loss.

Security safeguards follow industry standards such as HTTPS, encrypted data-at-rest, regular penetration testing, and least-privilege access protocols.

10.8. Data Retention and Deletion

We retain user and transaction data only for as long as necessary to fulfil lawful purposes or comply with regulatory retention requirements (e.g., 8 years for invoices and financial records).

You may request deletion of your Account and personal data by emailing support@paymorz.com, subject to verification and legal retention exceptions.

Post-deletion, certain metadata or logs may be retained as mandated by the Payment Gateway Partner, tax authorities, or law enforcement.

10.9. User Rights

Under the DPDP Act, you have the right to:

  • access and correct your personal data;
  • withdraw consent (where processing is based on consent);
  • request erasure or restriction of processing (subject to law);
  • access information about our data-sharing partners and sub-processors; and
  • lodge a complaint with our Grievance Officer.

All such requests can be made to grievance@paymorz.com.

Exercise of rights is subject to identity verification and may take up to the legally permitted period to fulfil.

10.10. Data Breach Notifications

In the event of a personal data breach likely to cause harm, Paymorz™ shall notify affected Users and relevant authorities as required under Applicable Law.

Paymorz™ may also request Password resets, suspend accounts, or implement emergency controls to mitigate risk.

10.11. Privacy Policy and DPA

The detailed Privacy Policy and Data Processing Addendum (DPA) available on the Platform form integral parts of these Terms.

In case of any conflict, the provisions of the DPA shall prevail with respect to data handling and sub-processing.

Users are encouraged to periodically review these documents to stay informed of updates to data practices.

11. Limitation of Liability and Indemnification

11.1. Platform Provided "As Is"

The Paymorz™ Platform, including all content, tools, and services, is provided on an "as is" and "as available" basis without warranties of any kind, express or implied.

Paymorz™ does not guarantee uninterrupted, secure, or error-free operation of the Platform or that all defects will be corrected immediately.

Paymorz™ expressly disclaims any warranties regarding uninterrupted payment availability, Payment Gateway Partner uptime, or error-free integration with third-party systems.

11.2. Limitation of Liability

To the fullest extent permitted by Applicable Law:

  • Paymorz™, its partners, affiliates, officers, and employees shall not be liable for any indirect, incidental, consequential, punitive, or exemplary damages, including loss of profits, data, goodwill, or business opportunities, arising out of or related to the use of the Platform or services;
  • Paymorz™ shall not be responsible for any delay, failure, or error in payment settlement caused by third-party Payment Gateway Partners, banks, or other financial intermediaries, including delays beyond the T+2 Business Day settlement window; and
  • Paymorz™ shall not be liable for the acts, omissions, negligence, or representations of any Vendor, Client, or other User of the Platform.

Paymorz™ is not responsible for: service-quality disputes, contract breaches between Client and Vendor, mis-delivery of work, inaccurate invoices, unauthorized off-platform agreements, or misrepresentation by Users.

Paymorz™ does not control, verify, or guarantee the content, deliverables, or contractual terms exchanged between Users.

11.3. Aggregate Liability Cap

In all cases, Paymorz™'s total aggregate liability for any claim, whether in contract, tort, or otherwise, shall not exceed the total amount of Platform Service Fees received by Paymorz™ from the transaction giving rise to the claim in the three (3) months preceding the incident.

For clarity, Paymorz™'s liability shall never include amounts held by the Payment Gateway Partner, as such funds are not owned, controlled, or possessed by Paymorz™.

11.4. No Liability for Force Majeure or External Causes

Paymorz™ shall not be held liable for any failure or delay in performance due to circumstances beyond its reasonable control, including but not limited to:

  • technical malfunctions;
  • power outages or network failures;
  • acts of God, natural disasters, or pandemics;
  • cyber attacks or data breaches caused by third parties;
  • government actions, sanctions, or regulatory restrictions.

Payment Gateway Partner downtime, banking network outages, or compliance-initiated fund holds are also included in these external causes.

11.5. Indemnification by Users

You agree to fully indemnify, defend, and hold harmless QUANTUMCONA LLP, its affiliates, officers, employees, agents, and service providers from and against all losses, liabilities, claims, damages, penalties, costs, and expenses (including reasonable legal fees) arising out of or related to:

  • your use or misuse of the Platform;
  • your breach of these Terms or any Applicable Law;
  • any content, information, or materials you upload, transmit, or share;
  • any infringement of third-party rights, including intellectual property, privacy, or confidentiality rights; or
  • any dispute or claim between you and another User (Client or Vendor/Service Provider).

11.6. Indemnity Procedure

Paymorz™ reserves the right, at its own expense, to assume exclusive control of any matter subject to indemnification by you.

You agree to cooperate in good faith with Paymorz™ in defending such matters.

Failure to cooperate may result in account suspension or delayed access to funds.

Indemnity includes losses relating to fraud, unauthorized transactions, charge backs, incorrect payment instructions, circumvention of payment processes, or off-platform negotiations.

11.7. Limitation of Time to File Claims

Any claim or cause of action arising out of your use of the Platform must be filed within one (1) year after such claim arose; otherwise, it shall be permanently barred.

This limitation applies regardless of the cause of action or legal theory asserted.

11.8. Survival

The limitations of liability and indemnification obligations in this Clause shall survive termination or expiry of your Account or these Terms.

This survival includes all claims related to transactions, payment activities, disputes, and content uploaded prior to termination.

12. Governing Law and Jurisdiction

12.1. Governing Law

These Terms, and any dispute arising out of or in connection with them, shall be governed and interpreted in accordance with the laws of India, including (but not limited to) the Information Technology Act, 2000, the Digital Personal Data Protection Act, 2023, and all other Applicable laws and regulations.

This includes compliance with RBI Payment Aggregator / Payment Gateway Directions insofar as they relate to settlement and payment processing.

12.2. Hierarchical Dispute Resolution

All user-to-user conflicts shall first be addressed through the internal Dispute Resolution Process outlined in Clause 8 of these Terms.

If a matter cannot be resolved through the Platform's internal process or grievance review, the parties may mutually elect to submit the dispute to arbitration or pursue appropriate civil remedies in court as set out below.

No legal action may be initiated until the internal dispute and grievance processes have been fully exhausted, except where prohibited by law.

12.3. Arbitration (Optional)

Subject to mutual agreement in writing, any dispute between a User and Paymorz™ may be referred to binding arbitration under the Arbitration and Conciliation Act, 1996, to be conducted by a sole arbitrator appointed by mutual consent of both parties.

The seat and venue of arbitration shall be Hyderabad, Telangana, India, and the language of proceedings shall be English.

The arbitrator's award shall be final and binding on both parties.

Arbitration shall apply only to disputes involving Paymorz™. User-to-user disputes remain subject to Clause 8 and are not arbitrable against Paymorz™.

12.4. Jurisdiction

Subject to Clause 12.3, the courts and tribunals of Hyderabad, Telangana, India shall have exclusive jurisdiction over all disputes arising out of or relating to these Terms or the use of the Platform.

Users expressly waive any objection to this venue, including objections based on inconvenience or lack of personal jurisdiction.

12.5. Notice and Service of Process

All notices, complaints, or legal communications shall be sent to:

QUANTUMCONA LLP (Owner of Paymorz™)
Survey No. 130P and 115/1P, We Work Rajapushpa, Nanakramguda Main Road, Medchal-Malkajgiri, Telangana – 500032, India

Notices sent electronically shall be deemed received upon acknowledgement by Paymorz™ or within three (3) Business Days, whichever is earlier.

12.6. Severability of Jurisdiction

If any portion of this Clause is deemed invalid by a court, the remaining provisions shall remain fully enforceable, and jurisdiction shall default to Hyderabad, Telangana.

Any invalidation shall not affect the enforceability of the arbitration or governing law provisions.

12.7. Survival

The governing law and jurisdiction provisions shall survive termination of your Account or any agreement arising from your use of the Platform.

This includes disputes over payments, refunds, compliance, and IP generated prior to termination.

13. Amendments to Terms

13.1. Right to Modify

Paymorz™ reserves the right, at its sole discretion, to modify, amend, or update these Terms, the Privacy Policy, or any related policy at any time in response to operational, legal, or regulatory requirements, or to reflect improvements to the Platform's services.

Such modifications may include updates related to payment processes, Payment Gateway Partner integrations, KYC requirements, dispute procedures, compliance mandates, or other Platform features.

Users expressly acknowledge and agree that Paymorz™ may revise policies without prior individual notice except as required by law.

13.2. Notification of Changes

Any material change to these Terms shall be communicated through one or more of the following methods:

  • posting an updated version on the Platform;
  • in-app notification or banner announcement; or
  • email communication to the registered address associated with your Account.

Non-material administrative updates may be implemented without formal notification.

13.3. Effective Date and Binding Nature

Unless otherwise stated, all updates shall become effective on the date of posting.

Your continued access to or use of the Platform after such updates are published shall constitute your binding acceptance of the revised Terms.

Users waive any right to claim non-receipt of notice where an update has been posted on the Platform.

If you disagree with any amendment, your sole remedy is to discontinue use and close your Account prior to the Effective Date.

13.4. Regulatory and Urgent Changes

In the event of a change required to comply with Applicable Law, Payment Gateway Partner policy, or regulatory directive, Paymorz™ may implement such changes immediately and without prior notice.

This includes urgent updates related to payment handling, T+2 settlement cycles, KYC/AML norms, RBI circulars, DPDP compliance, or gateway operational changes.

Such changes shall be deemed binding once implemented, regardless of user acknowledgment.

13.5. User Responsibility

It is your responsibility to review these Terms periodically. If you do not agree to any revised Terms, you must discontinue using the Platform and close your Account before the effective date of such changes.

Your failure to do so shall constitute deemed acceptance of the updated Terms and an irrevocable waiver of objections to such modifications.

14. Severability and Entire Agreement

14.1. Severability

If any provision of these Terms is found to be invalid, illegal, or unenforceable by a competent authority, such provision shall be enforced to the maximum extent permissible, or if necessary, deemed severed from these Terms. The remaining provisions shall continue in full force and effect.

Any invalidity shall not affect:

  • Paymorz™'s rights relating to payments, refunds, or compliance activities;
  • Users' indemnification obligations; or
  • governing law and jurisdiction provisions.

14.2. Entire Agreement

These Terms, together with the following documents, constitute the complete and exclusive understanding between you and Paymorz™ regarding your use of the Platform:

  • the Privacy Policy;
  • the Cancellation & Refund Policy;
  • the Data Processing Addendum (DPA); and
  • any additional policy or guideline issued by Paymorz™ and expressly referenced herein.

All of the above shall be read together and form a single, binding agreement.

This includes, without limitation:

  • the Acceptable Use Policy;
  • the Cookie Policy;
  • Settlement Guidelines issued by Paymorz™ or its Payment Gateway Partners; and
  • any RBI-mandated operational rule applicable to KYC or settlement.

No User shall rely on any prior agreement, understanding, negotiation, or communication not expressly included in these Terms.

14.3. Order of Precedence

In the event of any inconsistency between these Terms and any other policy:

  • the DPA shall prevail with respect to data processing and privacy matters;
  • the Refund Policy shall prevail for refunds and cancellations; and
  • these Terms shall prevail in all other cases.

In addition, where required by Applicable Law, RBI circulars, Payment Gateway Partner rules, and statutory mandates shall prevail over all Paymorz™ policies, including these Terms.

14.4. No Waiver or Representation

Any failure or delay by Paymorz™ in enforcing any right under these Terms shall not constitute a waiver of that right. No oral or written communication, statement, or representation not expressly included in these Terms shall modify or supplement them.

Only a written amendment published by Paymorz™ or authorised in accordance with Clause 13 shall have any legal effect.

15. Grievance Officer and Contact Information

15.1. Appointment of Grievance Officer

In accordance with the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 and the Digital Personal Data Protection Act, 2023, Paymorz™ has appointed the following Grievance Officer to address user complaints, data-related queries, and content takedown requests:

Grievance Officer: Kishore Kumar R
Email: grievance@paymorz.com
Contact Hours: Monday to Friday, 10:00 AM to 6:00 PM IST
Address: QUANTUMCONA LLP
Survey No. 130P and 115/1P, We Work Rajapushpa, Nanakramguda Main Road,
Medchal–Malkajgiri, Telangana – 500032, India

The Grievance Officer handles complaints related only to statutory, regulatory, or rights-based issues and is not responsible for general customer support matters.

15.2. Acknowledgment and Resolution Timelines

The Grievance Officer shall acknowledge receipt of any complaint within 24 hours of receipt.

All grievances shall be reviewed and resolved within 15 Business Days, or such extended period as may be reasonably required based on the complexity of the issue.

Resolution timelines may extend where third-party coordination is required, including with Payment Gateway Partners, law-enforcement agencies, KYC vendors, or data processors.

15.3. Types of Complaints Handled

The Grievance Officer may be contacted for issues relating to:

  • content violations or takedown requests;
  • data privacy and personal information concerns;
  • refund or payment disputes escalated beyond Clause 8 (Dispute Resolution);
  • suspected misuse of user data; or
  • any other matter requiring regulatory redressal.

The Grievance Officer does not adjudicate User-to-User disputes and cannot reverse payment decisions without supporting evidence and compliance verification.

15.4. Legal Notices and Correspondence

For formal legal notices, summons, or service of process, correspondence must be addressed to:

Legal Department
QUANTUMCONA LLP (Owner of Paymorz™)
Email: legal@paymorz.com
Address: Same as above

Notices sent electronically shall be deemed received upon acknowledgment by Paymorz™ or within three (3) Business Days of transmission, whichever is earlier.

Physical notices must be sent only via a verifiable delivery method (e.g., registered post, courier with tracking).

15.5. Escalation

If a User is not satisfied with the resolution provided by the Grievance Officer, they may escalate the matter to the Adjudicating Officer or the Data Protection Board of India as applicable under the DPDP Act, 2023.

Escalation to statutory authorities must comply with their prescribed procedure and does not override Paymorz™'s internal timelines.

15.6. Contact for General Queries

For general support or operational queries (non-legal), Users may reach out to:

Email: hello@paymorz.com

General support queries include account help, Platform navigation, project issues, and operational questions. These shall not be treated as grievances under the IT Rules or DPDP Act.