This document/agreement/understanding is a computer-generated electronic record published in terms of Rule 3 of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (amended from time to time) read with Information Technology Act, 2000 (amended from time to time) and does not require any physical or digital signatures.
These terms, including annexures and links provided herein, govern your use of any products or services mentioned on the Pabbly website, as well as any other linked pages, API keys, features, content, or application services (including, but not limited to, any mobile application or mobile site services) (“Website”) owned and operated by MagnetBrains LLC (hereinafter referred to as “Magnet Brains”), a company incorporated under the provisions of the Companies Act, 1956, with its registered office located at MagnetBrains LLC, 16192 Coastal Hwy, Lewes, Delaware, 19958, United States, and Magnet Brains Software Technology Pvt. Ltd, a company incorporated under the provisions of the Indian Companies Act, 2013, having its registered office at E-3/49, 3rd Floor, Arera Colony, Bhopal, Madhya Pradesh, India 462016.
In this agreement, the terms “We,” “Us,” and “Our” refer to Magnet Brains. The terms “You,” “Yours,” “Yourself,” or “Merchant” refer to any non-registered individual or corporate body, including but not limited to registered users of Magnet Brains, including Magnet Brains merchants.
The term “Applicable Laws” shall encompass (i) any law, statute, rule, regulation, order, circular, decree, directive, judgment, decision, or other similar mandates of any applicable central, national, state, or local governmental/regulatory authority with competent jurisdiction and force of law over you, us, or the subject matter in question, as may be amended from time to time, and (ii) shall, without limitation, include any notification, circular, directive, or other similar instruction issued by the “Financial Sector Regulators,” including but not limited to the Reserve Bank of India (RBI), as well as the rules, regulations, roles, responsibilities, and processes defined by NPCI, which can be found on their website www.npci.org.in.
Before You may use the Website, You must read all of these General Terms of Use and the Specific Terms of Use ( defined below ) (hereinafter together referred to as the “ Terms ”) and the Privacy Policy provided on the Website. By using Magnet Brains and its affiliates’ products, software, services, and the Website or by availing any products offered by Magnet Brains’s partner institutions/lending partners, banks, financial institutions, NPCI, and technology service providers, card payment networks, (“ Facility Providers ”) or third parties (“ Services” ), You understand and agree that Magnet Brains will treat Your use of the Services as acceptance of these Terms from such point of usage. You agree that Magnet Brains reserves the right to update the Services from time to time.
You acknowledge and agree that all references to “Magnet Brains” shall mean the Magnet Brains affiliate for the Specific Terms of Use. You further agree that any claims relating to or arising from the Specific Terms of Use shall be brought solely against such Magnet Brains affiliates providing Services. Magnet Brains shall have no liability in respect of the same. You may not use the Services if You do not accept the Terms. If you do not agree to be bound by these Terms and the Privacy Policy, You may not use the Website in any way. It is strongly recommended for You to return to this page periodically to review the most current version of the Terms in force. Magnet Brains reserves the right at any time, at its sole discretion, to change or otherwise modify the Terms without prior notice, and Your continued access or use of the Website signifies Your assent/ratification of the updated or modified Terms. If You object to these Terms or any subsequent modifications to these Terms in any way, Your only recourse is to immediately terminate use of the Website. We may require You to agree to additional terms (if any) in connection with specific services that You may avail from time to time. The Services provided by Magnet Brains through the Website are available and are appropriate only for use in India.
