The website available at receive.money and/or the portal and/or the mobile application (collectively referred to as "Platform") is owned and operated by Sapphiro Consulting Solutions Pvt. Ltd. (referred to as "MSME Len Den" or "Sapphiro" or "us" or "we" or "Company").
Please read this privacy policy (hereafter referred as “Privacy” or "Privacy Policy") before using Platform and/or Services. By visiting the Platform or setting up/creating an account on the Platform for availing the Services and clicking on the "Accept" button provided on the Website/Platform, you ("you", "your", "yourself" as applicable) accept and agree to be bound by the terms and conditions of this Privacy Policy and consent to the Company collecting, storing, processing, transferring, and sharing information including your Personal Information in accordance with this Privacy Policy. This Privacy Policy is incorporated into and subject to our terms of service ("Terms") and shall be read harmoniously and in conjunction with them. All capitalised terms used herein however not defined under this Privacy Policy shall have the meaning ascribed to them under the Terms.
This Privacy Policy
(i) will be considered to be an electronic record under the Indian data privacy laws including the Information Technology Act, 2000 read with rules and regulations made thereunder; and
(ii) will not require any physical, electronic, or digital signature by the Company.
This Privacy policy should be read together with our Cookie Policy (Cookie or Cookie Statement) and our Terms of Use.
Protecting consumer privacy is very important to us. This Privacy Policy informs you about our use and disclosure of personal information collected through this Platform.
We believe that information used responsibly benefits consumers and the economy, whether it is the information we house on behalf of consumers conducting transactions or information we collect on behalf of our business clients. In addition, we strive to better serve our customers by offering goods and services that we believe fit their needs and interests. When identifying an opportunity, we may use aggregated consumer information in an effort to identify customers who may be interested in that opportunity.
We are also committed to ensuring the highest standards of security to ensure data privacy is maintained. We protect personal information against unauthorized access (both physical and logical).
Access rights best practices are implemented for ensuring the safety and security of personally identifiable information (hereafter referred to as “PII”). It means only authorized personnel can access PII, with the minimum rights necessary for performing one's responsibilities. We never share or sell any information (including user data) to third parties
These policies guide us in the collection and use of information as well as setting our employee's responsibilities in protecting your privacy. We use personal information about consumers, customers and users only in a manner consistent with these policies.
The nature of the personal information we collect about you online generally consists of your name, mailing address, e-mail address, mobile number, passwords and the financial information such as bank account information, PAN, GSTIN, card details etc and the company you represent. All information disclosed by You on the Platform shall be deemed to be shared willingly by You and without any coercion. No liability pertaining to the authenticity, genuineness, misrepresentation, fraud, negligence, etc. of the information disclosed by You shall lie on the Company. If you provide information about another person to us, you warrant that you are authorised to do so and that you will inform that person of who we are and that we will use and disclose their information as set out in this Privacy Statement. If you provide incomplete or inaccurate information to us, we may not be able to provide you with the services you are seeking.
The Company may collect non-personal information relating to Your activities while accessing the Service or other information from and about the devices through which the Platform is used including SDK/API/JS code version, browser, internet service provider, IP Address, operating system, browser type, cookie information, timestamp, application identifier, application version, application distribution channel, independent device identifier, Android ad master identifier, network card (MAC) address, and international mobile device identification code (IMEI), the equipment model, the terminal manufacturer, the terminal device operating system version, the session start/stop time, location, language, the time zone and the network state (WiFi and so on).
In addition to the profile information, You may also tell us Your exact location if You choose to enable Your computer or mobile device to send us location information. The Company may use and store information about Your location to provide features of the Service to You and to improve and customize the Service and provide location-based Services to You.
We use the information that we collect on the Platform, as mentioned above, to:
Contact you so that we can provide you with the information you have requested), assess and process any application you make for services, provide services to you and administer services provided to you;
Facilitate login, registration and management of your account on the Platform;
Provide You Services and improve the Services;
Remember Your Personal Information so that You are not required to re-enter it the next time You visit the Platform;
Perform our administrative operations, including accounting, risk management, record keeping, archiving, systems development and testing, credit scoring and staff training;
Validate the user's rights to view the information provided and confirm Your identity directly and/or through third parties. This information is also used by us as an audit of activity against your entity's information and records. We also may use and hold personal information, which is provided to us in connection with services that you request, for the purposes (as relevant) of:
Complying with legislative and regulatory requirements or as otherwise permitted or authorised by law;
Communicating with You through mail, e-mail, and telephone or through any other mode of communication, in connection with the Service, or other products or services of the Company;
Use such infrmation for internal purposes such as auditing, data analysis, research and improvement relating to the Platform or the Service;
Use such information for promotion and marketing purposes;
Considering any other application, you may make to us;
anaging our rights and obligations in relation to external payment systems e.g. acquiring banks, issuing bank, credit card schemes and debit payment schemes;
Conducting market and customers satisfaction research;
Developing, establishing and administering alliances and other arrangements (including rewards programs) with other organisations in relation to the promotion, administration and use of our respective products and services; and
Developing and identifying products and services that may interest you. We do not seek to collect nor store information about anyone's ethnic origins, political or religious beliefs, trade union membership, sexual preferences or criminal record. If you provide these and other types of sensitive information to us, then by doing so, you consent to our collection of that information and to the use and disclosure of that information as set out in this privacy policy.
Information collected by us in relation to electronic transactions is used to process those transactions and so will be disclosed to the parties to the transaction, their respective financial institutions and third parties involved in the transaction chain. Other information is used to provide and administer the provision of services to you, managing our rights and obligations under contracts and at law, systems development and testing, in connection with alliance arrangements and identifying and marketing the products or services provided by us, our related bodies corporate or alliance partners that we think may be of interest to you and telling you about them. If you do not want to receive this information, please let us know.In common with many other businesses, we use agents and other third parties to conduct certain activities on our behalf and provide certain services to us. For this purpose, we may need to provide these third parties with your information, including personal information.
The types of organisations to which we may disclose customer's, consumer's or users personal information includes:
Our agents, contractors and external advisers whom we engage from time to time to carry out, or advise on, our functions and activities and you authorise them to seek disclosure of your information including credit information for this purpose;
Your agents and contractors, including your referees and your legal or financial advisor, executor, administrator, trustee, guardian or attorney if you authorise them in writing to seek disclosure of this information;
Your franchisor (if applicable) and any person or organisation that introduces you to us;
Any other financial institution with whom you have a current account, to the extent required to render the Services;
Regulatory bodies, government agencies, multi-jurisdictional agencies, law enforcement bodies and courts, to the extent required by any applicable law;
Debt collecting agencies, to the extent required for rendering the Services or otherwise in relation to the Services;
Other organisations with whom we have alliances or arrangements, (including reward programs) for the purpose of promoting our respective products and services;
Anyone supplying goods and services to you in connection with a rewards program or other alliance associated with the Services;
External payment systems operators and participants (eg. credit card payment systems (eg. Visa or MasterCard) or debit payment systems);
Your and our insurers or prospective insurers and their underwriters;
Your co-applicants (being directors or any other person authorised by your employer), sureties, guarantors and prospective co-applicants, sureties, guarantors and co-guarantors for the purposes of considering whether to provide a guarantee and indemnity or security;
Any person considering purchasing a contract entered into by you from us and that person's advisers, persons involved in assessing the risks and funding of the purchase and, after purchase, the purchaser and any manager on an ongoing basis;
Any person to the extent necessary, in our view, in order to carry out any instruction you give to us; (Unless you tell us not to) other organisations including our related bodies corporate (and our agents and their agents) for the marketing of their products and services.
We may need to disclose your information, if such action is necessary to:
(a) comply with a legal obligation;
(b) protect and defend the rights or property of Sapphiro, including to enforce agreements, policies, and Terms of Use;
(c) protect the personal safety of Sapphiro, the users of the Platform, or any person, in an emergency;
(d) protect Sapphiro from incurring any legal liability;
(e) firms representing Sapphiro in judicial proceedings and/or any legal, accounting and auditing firms providing services to Sapphiro; and
(f) for reasons incidental to the above. In such an event the Company shall be under no obligation to inform you or seek your approval or consent.
The Company shall be at liberty to disclose your information to:
(i) any third parties who provide services, such as auditing, data analysis, platform improvement and assistance with the delivery of content, relevant marketing messages and advertisements.
Where such disclosure occurs, we will require these third parties to keep your information confidential and use it only for the purposes for which we are permitted to use it. In addition, we may be required or permitted by law to use and disclose your personal information, (such as disclosures to law enforcement bodies and government agencies to prevent fraud or other malicious activities).There may also be circumstances in which we consider a customer or user has, by their actions, released us from our duty of confidentiality or has consented to the disclosure of personal information about them without actually stating that this is the case.
By giving us your electronic address/contact details, you consent to us sending to you commercial electronic messages in order to provide you with information and tell you about products and services, including those of third parties, which we consider may be of interest to you. You warrant that you have authority either as or on behalf of the relevant electronic account holder to provide this consent and that we may continue to send commercial electronic messages to your addresses until you withdraw your consent.
We are committed to protecting the confidentiality of personal consumer information We limit access to your personal information to those of our employees and employees of our related bodies corporate and our alliance partners who need your personal information to fulfil their business responsibilities, except as otherwise provided herein. Such employees must adhere to our privacy policies. Employees violating these policies may be subject to disciplinary action, up to and including dismissal. Our service providers and other outside contractors are subject to contractual requirements to ensure that your personal information is safeguarded.
At Sapphiro, security is a priority. We employ appropriate measures to protect personal information against unauthorised access, disclosure, alteration or destruction. These may include, among others, encryption, physical access security and other appropriate technologies. We continually review and enhance our security systems as necessary. As such, we may ask you to identify and authenticate yourself when accessing this website or when dealing with you through other media. We are not responsible for any information that may be lost if we terminate your browser session during prolonged periods of inactivity whilst accessing this website.
If you require access to your personal information maintained by us, please contact us at [email protected]. If we cannot give you access to your personal information, we will give you reasons. Cardholders requesting information may also wish to contact their issuer institution with their access request as their card issuer would hold more complete information about them. The card issuer institution may also seek cardholder personal information from us and forward it to the cardholder.
Where information is collected by us directly from consumers or sources other than our business customers, we will permit such sources, if possible, to dispute or correct any erroneous, incomplete or out-of-date personally identifiable information. Of course, this correction is not possible if the information is proprietary to one of our business customers, reflects historical transaction information or if correction would violate the privacy or legal rights of a third party. Where applicable, we abide by laws related to such information. You can also correct factual errors in your personally identifiable information by login into your account (if such access is provided to you) or sending us a written request that credibly shows the error. We reserve the right to independently verify any such claims made. To protect your privacy and security, we will also take reasonable steps to verify your identity before making corrections. In the event that we are unwilling to correct personal information, we will provide you with the reasons for our decision. In the event there is any change in your personal information, you should update the same to us by writing to us at [email protected]
We reserve the right to charge for providing you with any information in connection with your request (although such a fee will not apply to the lodging of a request for access).
We may use and disclose personal information provided to us about users, customers and cardholders to third parties as described earlier in this Privacy Statement. Where we collect information through this website, you will be asked whether you consent to the use and disclosure of your personal information as described earlier in this Privacy Statement. To change your selection, update your contact details or retrieve and change your registration information, or withdraw your consent, please contact us using the contact details shown on the Platform. We hold ourselves accountable to our privacy principles. We may alter this Privacy Policy as needed for certain products and services and to abide by local laws or regulations.
All present and future rights in and to trade secrets, patents, copyright, trademarks, service marks, know-how and other proprietary rights of any type arising at law, including rights in and to all applications and registrations relating to this website (including but not limited to all data contained on this website relating to you and your associated customer ("Data"), information, text, look and feel, material, graphics, software and advertisements) (the "Intellectual Property Rights") shall, as between you and us, at all times be and remain the sole and exclusive property of Sapphiro Consulting Solutions Pvt. Ltd. You assign upon creation all Intellectual Property Rights to us.
You do not acquire any rights or licences in or to the Intellectual Property Rights, the Platform and materials contained within the Platform other than the limited right to use the Platform in accordance with the Terms. You agree to protect the Intellectual Property Rights of Sapphiro Consulting Solutions Pvt. Ltd. and all others having rights in the Platform during and after the term of this Agreement and to comply with all reasonable written requests made by Sapphiro Consulting Solutions Pvt. Ltd. or its suppliers of content (including Data) ("Content"), equipment or otherwise to protect their and other's contractual, statutory and common law rights in this website.
You and Your associated customer are responsible for all revisions to the information provided by you. You accept responsibility as a representative of your associated customer and represent your associated customer in all access and use of this website. You acknowledge and agree that Sapphiro Consulting Solutions Pvt. Ltd. relies in good faith on any revisions to the information provided by you and does not take any steps to verify the accuracy of any revisions to the information provided by you.
Whilst we have and will continue to make great efforts to include accurate and up-to-date content on the Platform, we make no warranties or representations, express or implied, as to the accuracy or completeness of the content contained or referenced therein and all content is provided to you "as is". Any warranties regarding the content or other services provided, which may be implied by law, statute or otherwise are excluded to the fullest extent permitted by law. You agree that your use of the Platform is at your sole risk and acknowledge that the Platform and anything contained within the Platform, including but not limited to, content, services, goods or advertisements are provided in their then state and condition, subject to all latent and patent defects. We exclude all warranties except for all non-excludable statutory warranties. We do not warrant that this website is compatible with your equipment or that this website is free from errors or viruses, worms or "Trojan horses" and is not liable for any damage you may suffer as a result of such destructive features. You agree that security risks cannot be completely eliminated while using the internet. Sapphiro assumes no liability or responsibility for the disclosure of your information due to errors in transmission, unauthorized third-party access, or other causes beyond its control. You agree that Sapphiro Tech Solutions Pvt. Ltd, its suppliers and its third-party agents shall have no responsibility or liability for:
Any injury or damages, whether caused by the negligence of Sapphiro Tech Solutions Pvt. Ltd, its employees, subcontractors, agents, suppliers or otherwise arising in connection with this website and shall not be liable for any lost profits, losses, punitive, incidental or consequential damages or any claim against Sapphiro Tech Solutions Pvt. Ltd by any other party; or Any fault, inaccuracy, omission, delay or any other failure in this website caused by
Links to Third Party Websites The content of other websites, services, goods or advertisements that may be linked to this website is not maintained or controlled by us. We are therefore not responsible for the availability, content or accuracy or privacy practices of other websites, services or goods that may be linked to, or advertised on, this website. Where the Platform contains hyperlinks to websites operated by third parties these linked websites are not under our control and we are not responsible for the contents of any linked website. We provide these hyperlinks to you for convenience only and the inclusion of any link does not imply any endorsement of the linked website by us.
You link to any such website entirely at your own risk. We do not:
Make any warranty, express or implied, with respect to the use of the links provided on, or to, this website;
Guarantee the accuracy, completeness, usefulness or adequacy of any other website, services, goods or advertisements that may be linked to this website; or make any endorsement, express or implied, of any other websites, services, goods or advertisements that may be linked to this website.
This website may also contain third-party advertisements which contain embedded hyperlinks to websites operated by third parties. All third-party advertising is paid for by the relevant third-party advertiser, which you can accept by linking to the third-party advertisers and are not recommendations or endorsements by us. The third-party advertiser is solely responsible for any representations or offers made by it and for the delivery of goods or services, you agree to purchase from the third-party website. We are also not responsible for the reliability or continued availability of the telephone lines, wireless services, communications media and equipment you use to access this website. This Privacy Policy is not applicable to such third-party links or websites and the data collected by them. We suggest that you should read the privacy policy of such third-party websites/links, before sharing your information with them.
As the Internet relies on telecommunications services, we cannot guarantee that this website will always be available or free from fault, errors or viruses. The Terms of Use govern our provision and your use of this website. Our liability for the provision of this website and the goods and services via this website is limited to supplying the services again or reinstating the availability of the website or paying the cost of having the services supplied again or in the case of goods, re-supplying the goods or replacement goods or paying the cost of having the goods supplied again. You agree that you use This Platform at your sole risk. You agree that any content downloaded by you is done so entirely at your own risk and you shall be solely responsible for the consequences of downloading any such content. Under no circumstances, including but not limited to negligence, shall we, our suppliers and our third-party agents be liable to you for indirect, incidental, consequential, special, punitive or exemplary damages even if our authorised representative has been advised specifically of the possibility of such damages, arising from the use of or liability to use the service or any links or items on the service or any provision of the Terms of Use, such as but not limited to, loss of revenue or anticipated profits or lost business. Under no circumstances, including but not limited to negligence, shall we, our suppliers and our third-party agents be liable to you for any damage, cost, loss or expense incurred by you arising out of or in connection with any revision of Data executed by you. Under no circumstances shall we be liable to you for any amount (if any) in excess of any fee payable by you for the right to use this website, during a period of 30(thirty) days, immediately preceding the date of the claim.
You shall at your expense indemnify, defend and hold harmless Sapphiro Consulting Solutions Pvt. Ltd. and its employees, representatives, Suppliers and agents, against any claim, suit, action or other proceeding, brought against Sapphiro Consulting Solutions Pvt. Ltd., its employees, representatives, Suppliers and agents, by a third party, to the extent that such claim, suit, action or other proceeding brought against Sapphiro Consulting Solutions Pvt. Ltd. , its employees, representatives, suppliers and agents is based on or arises in connection with this website, or any links on this website, including, but not limited to:
Your use of or someone using your computer to use this website
Your use of or someone using your account, where applicable
A breach of these Privacy Policy by you or someone using your computer or account A claim that any use of this website by you or someone using your computer or account infringes any Intellectual Property Rights of any third party or any right of personality or publicity, is libellous or defamatory or otherwise results in injury or damage to any third party
Any revisions, deletions, additions, insertions or alterations to, or any unauthorised use of, this website or the content (including the Data) by you or someone using your computer or account; or Use the website or information in a manner that breaches any applicable law, including any privacy law or Sapphiro Consulting Solutions Pvt. Ltd.'s Privacy Statement without the prior written consent of Sapphiro Consulting Solutions Pvt. Ltd.
You acknowledge and agree that you are responsible for:
At the request of Sapphiro Consulting Solutions Pvt. Ltd., providing such information and assistance as are reasonably required by Sapphiro Consulting Solutions Pvt. Ltd. in order for Sapphiro Consulting Solutions Pvt. Ltd. to meet its obligations under these Privacy Policy;
Complying with all reasonable directions and instructions of Sapphiro Consulting Solutions Pvt. Ltd. in relation to your use of the Platform provided prior reasonable notice is given to you of any of the same;
Taking every reasonable precaution in the use of the Platform to prevent contamination and diffusion of any software or hardware contamination including viruses, worms or "Trojan horses";
The accuracy of revisions to the information provided by you on the Platform (and for the avoidance of doubt such responsibility shall be solely your responsibility);
Taking every reasonable precaution to ensure that access to the Platform and the information is restricted to those persons (including subcontractors and agents) who are authorised users of the Platform;
Not sharing your customer id number and password (if applicable) with any third party;
Changing your password (if applicable) on a regular basis; and
Using this website in accordance with all applicable laws and regulations.
Sapphiro Consulting Solutions Pvt. Ltd. may at any time, without liability, suspend or discontinue the operation of this website generally or your access to or operation of this website and/or portal and/or mobile application.
We shall retain your personal information for such duration as may be required for providing the Services or for any other purposes specified herein, or as may be required or permitted by the applicable laws. In the event You desire to withdraw Your consent or delete Your Personal Information collected by the Company, You can do so by contacting us at [email protected]
The Privacy Policy shall be governed and construed in accordance with the laws of India and the Courts of Kolkata, India shall have the exclusive jurisdicition.
In the event You have any grievances relating to the Privacy Policy, please inform the Company within 24 hours of the occurrence of the instance from which the grievance has arisen, by writing an email to the Grievance Redressal Officer as follows:
Name of the Grievance Officer
Rajarshi Ghosh ("Grievance Redressal Officer") Contact information:
[email protected]
You accept that Sapphiro Consulting Solutions Pvt. Ltd. has the right to change the content or technical specifications of any aspects of this website at any time at Sapphiro Consulting Solutions Pvt. Ltd. ' sole discretion. You further accept that such changes may result in your being unable to access the Platform. If any provision of these Privacy Policy is found invalid or unenforceable, that provision will be enforced to the maximum extent permissible and the other provisions of the Privacy Policy will remain in force. At the request of Sapphiro Consulting Solutions Pvt. Ltd., you will execute and deliver to Sapphiro Consulting Solutions Pvt. Ltd. any documents necessary to effect this
The Platform is for use by residents of India only. Our website is not directed at children under the age of 18 and we do not collect or maintain information at our website from those we actually know are under the age of 18.
See our Cookie Policy for more details.
We reserve the right to modify this cookie policy relating to the Website or Services at any time, effective upon posting of an updated version of this privacy policy on the Website. When we do, we will revise the updated date at the bottom of this page. Any terms and conditions proposed by you are expressly rejected by us and are of no force and effect. You should review this Privacy Policy regularly for changes. Continued use of the Website after any such changes shall constitute your consent to such changes.
You acknowledge that you have read this privacy policy and agree to all its terms and conditions. By using the Website or its Services you agree to be bound by this privacy policy. If you do not agree to abide by the terms of this privacy policy, you are not authorized to use or access the Website and its Services.
If you would like to contact us concerning any matter relating to our privacy policy, you may do so via the Contact us form.
This policy was last updated on January 13, 2022.
