Wallet. Ezulix hereby acknowledges that along with Aadhaar Enabled Payment Services (AEPS) it will provide wallet services to the Business associate for management of transactions. It agrees to credit (if any amount payable as per the accounts) the bank account of the Business associate on real time basis or within T+2 days. Service of Aadhaar Enabled payment System (AEPS) shall be subject to the terms and conditions mentioned in the Schedule B of this agreement. Wallet services provided by Ezulix are subject to the functioning of banking institutions. Ezulix shall not be held liable directly or indirectly to the Business associate if any act or omission occurs in regards to payment or withdrawal transactions due to technical glitch or whatsoever reason attributable to the concerned bank.
Appears in 2 contracts
Sources: Software Development Agreement, Software Development Agreement