Mobile Application User Agreement:


This User Agreement (the "Agreement") is entered into by and between Keyutech, a company registered in India, And this mobile application hereinafter referred to as the "Mypursu" and the user of the mobile application, hereinafter referred to as the "User", or “You”. This Agreement outlines the terms and conditions governing the use of the Developer's mobile application, hereinafter referred to as the "App."

1. Acceptance of Terms:
  • By downloading, installing, or using the App, you, the User, acknowledge that you are at least 18 years of age and confirm that you have read, understood, and agreed to be bound by the terms and conditions of this Agreement. If you do not agree with these terms, you must not use the App.

2. Purpose of the App:
The App mobile application is specifically designed to provide a range of essential services to foreign visitors in India, primarily centered around enabling them to make payments in Indian currency while in India. Mypursu acts as a facilitator for accepting foreign currency and providing payment services during your visit to India. Our primary focus is on ensuring strict adherence to Indian legal requirements, conducting secure transactions, and complying with Indian tax and foreign exchange regulations. Importantly, Mypursu operates as a user-friendly wallet service and does not require any link to a bank or UPI. All that is needed is your mobile number to install the Mypursu app. You can easily get spending power to your Mypursu App by making payment in dollars to our account, making your experience seamless and convenient.

3. Legal Compliance:
  • The User agrees to use the App in accordance with all applicable Indian laws, including but not limited to, without exclusivity, income tax laws, foreign exchange regulations, anti-money laundering laws, data protection laws, and any other relevant laws and regulations related to financial transactions. Any illegal or fraudulent use of the App is strictly prohibited.
  • In addition to the terms and conditions outlined in this Agreement, please be aware that certain services and features may be subject to specific regulations and requirements in the United States. We are committed to compliance with relevant U.S. laws and will make every effort to ensure that our services are in line with U.S. standards

4. Liability:
  • The User assumes full liability for any consequences resulting from illegal or fraudulent activities conducted through the App, including but not limited to fines, penalties, and legal actions.

5. Developer's Rights and Obligations:
  • The Developer will use reasonable efforts to ensure the security and functionality of the App.
  • The Developer reserves the right to modify, suspend, or terminate the App or its services at any time.

6. User's Rights and Obligations:
  • The User is responsible for maintaining the confidentiality of their login credentials.
  • The User is responsible for ensuring the security of their device and account.
  • The User shall not use the App for any illegal or fraudulent activities.

7. Indemnity Clause:
The User agrees to protect and hold the Developer, its officers, employees, and agents harmless from any claims, losses, expenses, or damages arising from:
  • The User's breach of this Agreement.
  • The User's use of the App.
  • Any violations of applicable laws or third-party rights by the User.
The User also agrees to cooperate with the Developer in addressing these claims, and the Developer may assume control of their defence.

7. Data Protection:
  • The Developer will handle User data in accordance with its Privacy Policy, which is available on the App. The User's data may be shared with third parties as required by law.

8. Termination:
  • The Developer reserves the right to terminate this Agreement and the User's access to the App if the User violates any of its terms.

9. For Users in the United States:
  • At mypursu, we are committed to providing a tailored and secure experience for our users in the United States. We understand the importance of safeguarding your data and privacy, and we take compliance with U.S. laws seriously. We encourage you to explore our Privacy Policy to learn about your data rights and how we protect your information.

10. Applicable Law:
  • This Agreement is governed by and construed in accordance with the laws of the relevant jurisdiction based on your location while using the Mypursu app. Any disputes will be subject to the exclusive jurisdiction of the courts in Telangana or any applicable court in your location.

11. Entire Agreement:
  • This Agreement represents the entire understanding between the Developer and the User and supersedes any prior agreements or understandings.

12. Closing Your Mypursu Account:
  • You have the option to close your Mypursu account and terminate your relationship with us at any time, without incurring any associated costs. Nevertheless, it's important to note that you will remain responsible for all obligations related to your Mypursu account even after its closure.
  • When you choose to close your Mypursu account, any scheduled or incomplete transactions will be cancelled. If your Mypursu Account holds a balance, it's your responsibility to withdraw or transfer these funds to another Mypursu Account before closing your account.

13. Dispute Resolution:
  • Amicable Resolution: In the event of any dispute, controversy, or claim arising out of or relating to this Agreement, the parties shall first make a good faith effort to resolve the matter amicably through mutual discussions and negotiations.
  • Arbitration: If an amicable resolution cannot be reached within a reasonable period, the dispute shall be referred to arbitration. The arbitration shall be conducted in accordance with the rules and procedures of [Arbitration Organization Name]. The seat of arbitration shall be [Arbitration Seat/City], and the language of the arbitration shall be English. The decision of the arbitrator shall be final and binding on both parties.

14. No Chargeback Clause:
  • Prohibition of Chargebacks: The User acknowledges and agrees that, with the exception of verifiable errors or unauthorized usage, chargebacks are strictly prohibited for transactions conducted through the App.
  • Consequences of Unwarranted Chargebacks: The User further understands that initiating a chargeback without valid grounds may result in the immediate suspension or termination of the User's account and access to the App. It may also expose the User to legal proceedings or financial penalties.

15. Waiver Clause:
  • Any failure by the Developer to enforce any provision of this Agreement shall not be construed as a waiver of any right or remedy available to the Developer under this Agreement.
  • The User acknowledges that a waiver by the Developer of any breach of this Agreement by the User shall not operate as a waiver of subsequent breaches.