Terms and Conditions for Loylty Rewardz

  • The "Freedom Rewardz" Program (as defined in Annexure A – Part I) and "Max Get More" Program (as defined in Annexure A – Part II) (collectively referred to as "Program") are exclusively owned and managed by Loylty Rewardz Management Private Limited ("Loylty"). PayUMoney is a Program Associate of Loylty and offers PayUMoney Buyers who are Customers of Loylty's partner banks, the opportunity to earn or redeem points ("Points") on their credit/debit card on purchase of products and/or services offered by participating PayUMoney Seller partners.
  • The Buyer understands and agrees that in order to redeem Points, the Buyer shall be required to store their credit/debit card details of any of the partner banks with PayUMoney.
  • Accrual of Points: Accrual or accumulation of Points shall be as per the terms and conditions of the Buyer's Issuing Bank and/or Loylty.
  • Redemption of Points:
    • The Buyer will store his/her card issued by any of Loylty's partner banks with PayUMoney.
    • Thereafter, the Buyer will have the option of viewing the number of Points he/she has accrued on his/her cards with any of the Loylty's partner banks.
    • The Buyer may then redeem the Points accrued with one of the Loylty's partner banks against a Transaction made to purchase products and/or services offered by participating PayUMoney Seller partners. It is to be clarified that the Buyer may redeem points only from one particular Loylty's partner bank per Transactions.
    • Redemption of Points shall be subject to the terms and conditions of the Buyer's Issuing Bank (which is also a Loylty's partner banks) and/or Loylty.
    • On redemption the Points would automatically be subtracted from Points accumulated against the Buyer's credit/debit card.
    • Points once redeemed in favour of any participating PayUMoney Seller partner shall not be refunded to the Buyer. In the event of any refund or cancellation of order, the points redeemed will be dealt with in accordance with the terms and conditions of the Issuing Bank and Loylty. PayUMoney shall have no responsible in this respect.
  • The Buyer understands and agrees that the Program is subject to the terms and conditions of the Buyer's Issuing Bank and/or Loylty. Loylty and the partner banks may at any time modify the computations of points or terms and conditions of the Program.
  • In addition, the Buyer understands that the PayUMoney User Terms and Conditions shall be applicable to all Transactions made through PayUMoney. The capitalized terms not defined herein shall have the meaning ascribed to them in the PayUMoney User Terms and Conditions.
  • PayUMoney shall not be liable for any hacking or unauthorized use of the Buyer's PayUMoney account and it shall be the sole responsibility of the Buyer to ensure privacy and confidentiality of Buyer's PayUMoney account details.
  • Under no circumstances shall PayUMoney be liable to the buyer for any amount whatsoever with respect to the points redeemed or acccured under this program. In addition, under no circumstances will PayUMoney be liable to the buyer for any indirect, incidental, consequential, special or exemplary damages arising out of or in connection with use of the program, whether or not PayUMoney has been advised of the possibility of such damages.
  • ANNEXURE A
    Part I
    Please refer to www.freedomrewardz.com for the details with respect to the Program as well as the list of partners banks and their respect Points under the Program. It is to be clarified that Loylty may at its sole discretion add or remove any of the partner banks from this Program.
    Part II
    Please refer to www.maxgetmore.com for the details with respect to the Program as well as the list of partners banks and their respect Points under the Program. It is to be clarified that Loylty may at its sole discretion add or remove any of the partner banks from this Program.