These terms and conditions apply to the Customer who uses this Online Payment Services for repayment of Loan or any other charges to MAGMA. Kindly read these terms and conditions carefully. By authorizing a payment to MAGMA through the online payment service (“the service”), it would be treated as a deemed acceptance to these terms and conditions. MAGMA reserves all the rights to amend these terms and conditions at any time without giving prior notice. It is the responsibility of the Customer to read the terms and conditions before using the Service
The following is a summary of the key terms of this service:
All payment details which are entered through this Payment Gateway are encrypted. The site is secure and uses 128-bit encryption to offer secure communications by encrypting all data to and from the site. MAGMA shall not be liable for any failure by the Customer making payment to properly protect data from being seen on their screen by other persons or otherwise obtained by such other persons, during the Online Payment processor or in respect of any omission to provide accurate information in the Course of the Online Payment Process.
While using this Site, you agree not to, by any means (including hacking, cracking or defacing any portion of the Site) indulge in illegal or unauthorized activities including the following:
The transaction charges will be borne by Magma
MAGMA reserves the right to vary these Terms and Conditions from time to time and the current version will be that published on this website. We reserve the right to decline the acceptance of an online payment if your account is in default for any reason. MAGMA may also make additions/deletions/alterations to the services offered, at its sole discretion. Magma reserves the right to withdraw the service at any time at its discretion. Magma retains the right to change the terms and conditions for Online Payments, without any prior notice.