DISCLAIMER

This Disclaimer applies to the website, platform, APIs, dashboards, and payment services operated by Comfortify Enterprises, under the brand name Local Paisa (“Company”, “Local Paisa”, “we”, “our”, “us”). By accessing or using Local Paisa services, you acknowledge and agree to the terms stated in this Disclaimer, along with our Terms & Conditions, Privacy Policy, and Refund & Cancellation Policy.

1. No Banking or Financial Institution Status

Local Paisa is not a bank, non-banking financial company (NBFC), or financial institution. Local Paisa operates as a technology-enabled payment facilitation platform in partnership with regulated banks and payment networks, and provides Pay-In and Pay-Out payment gateway services in accordance with applicable Indian laws.

2. No Legal, Financial, or Professional Advice

All information available on the Local Paisa website or platform is provided for general informational purposes only and shall not be construed as:

  • Legal advice
  • Financial advice
  • Investment or tax advice

Users are advised to consult qualified professionals before making business or financial decisions.

3. Third-Party Services & Links

Local Paisa may integrate or provide access to third-party services, websites, or payment networks. We do not control, endorse, or guarantee the accuracy, availability, or performance of any third-party services and shall not be liable for issues arising from their use.

4. Transaction & Technical Limitations

While Local Paisa strives to ensure uninterrupted service:

  • Transactions may fail, delay, or be reversed due to banking, network, or technical issues
  • Scheduled maintenance, system upgrades, or force majeure events may cause temporary downtime Local Paisa shall not be liable for losses arising from such events beyond reasonable control.

5. Accuracy of Information

Local Paisa makes reasonable efforts to ensure accuracy of information;
however:

  • Content may contain errors or omissions
  • Information may change without prior notice

Local Paisa does not warrant completeness or reliability of any content.

6. Limitation of Liability

To the maximum extent permitted by law, Local Paisa shall not be liable for:

  • Indirect, incidental, or consequential damages
  • Loss of profits, data, or business opportunities
  • Errors caused by incorrect information provided by users
  • Delays or failures caused by banks, payment networks, or third parties

7. User Responsibility

Users are solely responsible for:

  • Ensuring compliance with applicable laws and regulations
  • Accuracy of transaction and beneficiary details
  • Securing login credentials, API keys, and access permissions

8. Regulatory Compliance

Local Paisa operates in compliance with applicable Indian laws and regulatory guidelines, including those issued by the Reserve Bank of India (RBI), as applicable to its role as a payment service facilitator.

9. Changes to Disclaimer

Local Paisa reserves the right to modify this Disclaimer at any time. Continued use of the services after changes constitutes acceptance of the updated Disclaimer.

10. Contact Information

📧 support@localpaisa.com

📍 Comfortify Enterprises, India