PRIVACY POLICY

Last Updated: 23/12/2025

This Privacy Policy describes how Madhu Vari Epay Pvt Ltd (“Company”, “we”, “our”, “us”) collects, uses, stores, processes, and protects personal data of users (“User”, “you”) who access or use our website www.dspay.in and related services.

By accessing or using our services, you consent to the practices described in this Privacy Policy.


1. Company Information

Company Name: Madhu Vari Epay Pvt Ltd
CIN: U63992TZ2024PTC032420

Registered Office Address:
S F No. 549/V, Ground Floor,
Indira Nagar, Bagalur Road,
Hosur (Dharmapuri), Hosur,
Krishnagiri – 635109,
Tamil Nadu, India

Support Email: support@dspay.in
Customer Care: 91 7200601230


2. Applicability & Legal Compliance

This Privacy Policy is framed in compliance with:

  • The Information Technology Act, 2000

  • The Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011

  • The Digital Personal Data Protection Act, 2023

  • Applicable guidelines issued by the Reserve Bank of India (RBI) and National Payments Corporation of India (NPCI)


3. Information We Collect

We may collect the following categories of information:

a) Personal Information

  • Name, date of birth, gender

  • Mobile number, email address

  • Address and identity details (KYC)

  • Aadhaar / PAN details (as permitted by law)

b) Financial & Transaction Information

  • Bank account details

  • Transaction IDs and amounts

  • Service usage history

c) Technical Information

  • IP address

  • Device and browser details

  • Log files and cookies


4. Purpose of Data Collection

We collect and process personal data for:

  • User onboarding and KYC verification

  • Processing transactions and service delivery

  • Regulatory compliance (RBI / NPCI)

  • Fraud detection and prevention

  • Customer support and grievance handling

  • System security and audit requirements


5. Consent

By using our services, you provide explicit consent for collection, storage, and processing of your data as per this Privacy Policy and applicable laws.

Users may withdraw consent where legally permitted, subject to regulatory obligations.


6. Data Sharing & Disclosure

We may share user data with:

  • Partner banks and financial institutions

  • Payment networks and service providers

  • Regulatory authorities (RBI, NPCI, law enforcement)

  • Auditors and compliance partners

Data shall be shared only on a need-to-know basis and as required by law.


7. Data Storage & Security

We implement reasonable security practices including:

  • Encryption

  • Access control

  • Secure servers

  • Regular security audits

User data is retained only for the period required under applicable laws and regulatory guidelines.


8. Restricted / Prohibited Services

Our platform does not permit use for:

  • Money laundering or terrorist financing

  • Gambling, betting, or lottery activities

  • Cryptocurrency or virtual asset trading (unless permitted by law)

  • Illegal or prohibited businesses

  • Any activity restricted by RBI or NPCI

Violation may result in suspension or termination of services.


9. User Rights

Users have the right to:

  • Access their personal data

  • Request correction of inaccurate data

  • Withdraw consent (where applicable)

  • Raise grievances regarding data usage

Requests may be made by contacting the Grievance Officer.


10. Grievance Redressal Mechanism

In compliance with applicable laws, the Company has appointed a Grievance Officer:

Grievance Officer Name: Mr. M. Ramesh
Email ID: ramesh@dspay.in

Users may submit complaints or concerns relating to data protection or services.
All grievances shall be acknowledged within 48 hours and resolved within 15 working days.


11. Cookies Policy

Our website may use cookies to enhance user experience and analyze usage patterns.
Users may manage or disable cookies through browser settings.


12. Third-Party Links

Our website may contain links to third-party websites.
We are not responsible for the privacy practices or content of such websites.


13. Data Retention

Personal data shall be retained only as long as necessary for:

  • Legal and regulatory compliance

  • Dispute resolution

  • Audit and record-keeping purposes


14. Changes to This Privacy Policy

The Company reserves the right to modify this Privacy Policy at any time.
Changes will be posted on the website and shall become effective immediately.


15. Contact Information

For any questions regarding this Privacy Policy or data practices, please contact:

📧 Email: support@dspay.in
📞 Phone: 91 7200601230