Accepting these terms
By using this website or registering as a partner, you agree to these terms. If you don't agree, please don't use the website or our services.
About our services
Banfin MoneyZone is a platform that helps partners offer services such as banking, bill payments, travel bookings, insurance and government applications. These services are provided by banks, payment networks, billers, insurers, travel providers and government portals. Banfin MoneyZone is not a bank.
Eligibility and registration
- You must be at least 18 years old and able to enter into a contract.
- The information and documents you provide must be true, complete and up to date.
- We may approve or reject a registration, or ask for more documents, at our discretion.
Partner responsibilities
- Give customers accurate information and a receipt for every transaction.
- Charge customers only the fees you are allowed to charge, and show them clearly.
- Keep your password, one-time codes and devices secure, and never share them.
- Use only the biometric and card devices registered to your account.
- Follow all applicable laws, including rules on KYC and anti-money laundering.
- You are responsible for transactions done using your account, including by your staff.
Wallet and settlement
Partners use a prepaid wallet to pay for services. The wallet does not earn interest. Commission is credited as set out in your rate card. We may hold or reverse amounts linked to failed, disputed or suspicious transactions while they are checked.
Fees and commission
Fees and commission are set out in the plan and rate card shared at activation. We may change them with notice to you.
Prohibited use
- Fraud, money laundering or any unlawful activity
- Transactions without the customer's knowledge or consent
- Sharing, renting or selling your partner ID
- Tampering with devices, receipts or our systems
- Collecting or storing customers' Aadhaar or biometric data
Third-party services
Services delivered by banks, billers, insurers and travel providers are also subject to their own terms. We help resolve problems with these services but are not responsible for failures on their side.
Suspension and termination
We may suspend or close a partner account if these terms are broken, if we suspect fraud, or if a regulator or service provider requires it. You can close your account by contacting us, after settling any amounts due.
Intellectual property
The Banfin MoneyZone name, logo, website design and content belong to us. You may not copy or use them without our written permission. Other names and logos belong to their owners.
Limitation of liability
To the extent the law allows, we are not liable for indirect or consequential losses, or for delays or failures caused by banks, networks, providers, internet outages or events outside our control.
Indemnity
You agree to compensate us for losses arising from your breach of these terms, misuse of our services, or the actions of your staff.
Governing law
These terms are governed by the laws of India. Courts in Meerut, Uttar Pradesh, will have jurisdiction over any disputes.
Changes and contact
We may update these terms. The latest version will be on this page. For questions, contact us:
Banfin MoneyZone
1st Floor, Shop No. 54, Chandara Estate, Rohta Road, Meerut – 250001, Uttar Pradesh
Phone: +91 89094 00500
Email: support@banfin.in