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TERMS AND CONDITIONS FOR PAYUMONEY LOYALTY REWARDS POINTS
Under the PayUMoney Loyalty Rewards Program, Buyers will be eligible to accrue PayUMoney Loyalty Points ("Loyalty Points") for each transaction made through PayUMoney ("Rewards Program").
It is to be clarified that Loyalty Points can be accrued only when payments are made by the Buyer using PayUMoney Services. To participate in the Rewards Program, Customers shall be required to register themselves on PayUMoney.
Accrual: The Buyer shall receive 5 (five) loyalty points at the time of registration and thereafter, 10 (ten) Loyalty Points per transaction. Additionally, PayUMoney's may at its sole discretion, grant bonus Loyalty Points to selective Buyers at any point in time. The Loyalty Points received shall be valid for a period of 1 (one) year from the date of issuance of the Loyalty Points. The Loyalty Points credited to a Buyer's accounts are non-transferable and non-redeemable by cash.
Redemption: Points accumulated by Buyers may be redeemed on websites of participating PayUMoney Sellers. At the time of redemption 10 (ten) Loyalty Points shall be equivalent to 1 (one) rupee. Loyalty Points shall be debited from the Buyer's PayUMoney account when redeemed or expired. Further, in event the Buyer initiates a refund in respect of a transaction, the Loyalty Points accumulated against such Transaction shall be debited.
PayU 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.
PayUMoney reserves the right to, at any stage and at its discretion, modify/change or alter this Rewards Program. PayUMoney also reserves the right to modify/change all or any of the terms applicable to this Rewards Program and to discontinue this Rewards Program without assigning any reasons or without any prior intimation whatsoever.
PayUMoney reserves the right to deny the benefits under this Reward Program to a Buyer, at its sole discretion, at any stage during this program for any reason whatsoever including but not limited to misuse of the Reward Program.
PayUMoney reserves the right to disqualify any Buyer from the benefits of this Rewards Program, in case of any fraudulent activity/suspicious transactions.
In case of any disputes, PayUMoney's decision will be final.
In addition to the above, this Rewards Program is also subject to PayUMoney User terms & conditions available on www.payumoney.com.
Terms & conditions of the respective PayUMoney Seller partner shall also apply.