Bajaj Pay Wallet definition

Bajaj Pay Wallet means prepaid payment instruments issued as either Small PPI or Minimum - detail Wallet (defined hereunder) wherein loading/reloading shall be done from a bank account, valid credit card or Full KYC Wallets by BFL, as the case may be, in accordance with the Master Direction on Prepaid Payment Instruments, to you from time to time more fully provided in Annexure - I.

Examples of Bajaj Pay Wallet in a sentence

  • By proceeding to use the Bajaj Pay Wallet, You agree to be bound by these terms (hereinafter “Wallet Terms and Conditions”) in addition to agreeing to the Term of Use stated above.

  • For Customers neither having any relationship with BFL and nor having Bajaj Pay Wallet, the redemption of Bajaj Coins against selected transactions will only happen if the Customer has a minimum of 200 Bajaj Coins and creates his/her Bajaj Pay Wallet before carrying out the transaction.

  • As long as you comply with these Wallet Terms and Conditions and Terms of Use provided above, BFL agrees to grant You a personal, non-exclusive, non-transferable, limited privilege to utilize the Bajaj Pay Wallet and other services that may be offered through Bajaj Pay Wallet from time to time.

  • By proceeding to use Bajaj Pay Wallet, you hereby represent not to currently be a Politically Exposed Person (“PEP”) as defined by the RBI in Master Direction-Know Your Customer (KYC) Direction, 2016.

  • You hereby agree to comply with any and all applicable tax laws in connection with use of the Bajaj Finserv Services, and/or Bajaj Finserv Account, including without limitation, the reporting and payment of any taxes arising in connection with payments made through the Bajaj Pay Wallet, Bajaj Finserv Platform, or funds received through the Bajaj Finserv Platform / Bajaj Pay Wallet.

  • These terms shall be read in conjunction to the Terms of Use and the Bajaj Pay Wallet Terms and Conditions:i.

  • By mere use of Bajaj Pay Wallet, you shall be contracting with BFL and these Wallet Terms and Conditions including all policies referenced herein will be binding on you.

  • For Customers having relationship with BFL however not having Bajaj Pay Wallet, the redemption of BFL reward points against selected transactions shall only happen, if such Customer has a minimum of 200 Bajaj Coins and creates his/her Bajaj Pay Wallet before carrying out the transaction.

  • For Customers not having any relationship with BFL but having a Bajaj Pay Wallet, the available Bajaj Coins will be shown to the Customer in INR (Basis the conversion rate) in his Bajaj Pay Sub Wallet.

  • You further understand that as a PEP, you will be subject to additional due diligence requirements as determined by RBI as well as transaction monitoring and reporting requirements to ensure uninterrupted use of Bajaj Pay Wallet and other products/services provided by BFL.

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