By clicking on the "Terms and Conditions" checkbox and after successfully completing the registration process of CashBaba for a Customer Account, you are stating that you have read, understood and agreed to be bound by these Terms and Conditions of Service ("T&Cs"), which are not subject to negotiation. If you do not agree to these terms and conditions, you may not download, install or use the Software. THESE TERMS APPLY TO YOU IF YOU ARE A USER OF CASHBABA.
The following words and expressions shall have the corresponding meanings wherever appropriate.
No person is entitled to use the CashBaba e-wallet without proper understanding hereby agreeing to the Terms and Conditions of the Service. By using the CashBaba e-wallet, you thereby agree and give consent to these Terms and Conditions, which form the contract agreement between you and CashBaba. CashBaba shall be governed by such existing terms and conditions and also by amendments made to the same from time to time. These terms and conditions shall be in addition to and not in derogation of other terms and conditions relating to any of your account and/or the respective product or the service provided by CashBaba unless otherwise specifically stated.
Issue of personal e-wallet is governed by CashBaba Policy. The following Business rules will apply to your personal account.
By accepting the terms and conditions, you:
Do not use previously used password for CashBaba account. Password is case sensitive and confidential CashBaba information.
Here is a list of "don’ts":
The transaction fees are added as Annexure B.
10.1 In case of any transaction through third party network, the mentioned party will solely be liable for the accuracy and authenticity of the information related to their services given by them. CashBaba is a payment service provider only and in no way liable for the accuracy and authenticity of their services. If you want to return a purchase or want to refund it will be followed by the third party’s prescribed terms and conditions.
For Third Party service-related queries, please contact with the party or their authorized representatives.
CashBaba has established security procedures and shall make reasonable efforts consistent with industry standards to protect cardholder data, meet all applicable audit requirements and comply with PCI DSS
(hereinafter “Payment Card Industry Data Security Standards”) and such other applicable rules, regulations, codes of practice, guidance and industry standards related to the handling and processing of credit card data in force from time to time during the term hereof (“Payment Card Issuer Requirements”), as established by the PCI Security Standards Council.
CashBaba is responsible for the security of cardholder data CashBaba possesses or otherwise stores, processes, or transmits on Customer’s behalf, or to the extent CashBaba could impact the security of Customer’s cardholder data environment.
CashBaba agrees to comply with all applicable PCI DSS requirements to the extent that CashBaba handles, has access to, or otherwise stores, processes or transmits Customer’s cardholder data, or manages Customer’s cardholder data environment.
CashBaba agrees to comply with all applicable laws that require notification of individuals or parties in the event of unauthorized disclosure of cardholder data. Pursuant to the provisions hereof, in the event of a breach of any of CashBaba’s security obligations relating to PCI or other event requiring notification under applicable law, CashBaba agrees to assume responsibility for informing all such individuals in accordance with applicable laws, and, subject to the indemnity and limitations on liability provisions contained herein.
In consideration of CashBaba providing the Product, you agree to indemnify and hold CashBaba harmless against all actions, claims, demands proceedings, loss, damages, costs, charges and expenses which CashBaba may at any time incur, sustain, suffer or be put to as a consequence of or arising out of or in connection with any services provided to you pursuant hereto. You shall indemnify and keep indemnified CashBaba for unauthorized access by any third party to any information/instructions/triggers given by the you or breach of confidentiality.
The Product and the terms and conditions of the same are governed by the applicable laws in the Peoples’ Republic of Bangladesh such as- Bangladesh Bank regulations under PSP license, Payment and settlement act, 2014 or any other regulatory bodies.
The following transactions or actions are prohibited:
The following transactions or actions are prohibited:
If any provision of this terms and conditions is held to be unlawful, void, invalid or otherwise unenforceable, then that provision will be limited or eliminated from this terms and conditions to the minimum extent required, and the remaining provisions will remain valid and enforceable.
Sl. No | Description | Amount (BDT) |
---|---|---|
1. | Maximum balance at any point of time | 4,00,000 |
2. | Add Money through any channel per transaction | 1,00,000 |
3. | Add Money Per Month | 4,00,000 |
4. | Purchase (Personal to Business) | No Limit |
5. |
Send Money - Per transaction limit - Daily limit - Monthly limit |
50,000 1,00,000 4,00,000 |
6. | Cash-out at ATM per transaction | 20,000 |
7. |
Transfer to Bank A/C - Per transaction limit - Daily limit - Monthly limit |
50,000 1,00,000 4,00,000 |
Note: *CashBaba reserves the right to change the limit structure at its discretion.
Service | Fee/Charge(Including VAT) |
---|---|
Registration | Free |
Account Maintenance | Free |
Unlink Bank | BDT 5 |
Utility Bill Payment | BDT 10 |
Credit Card Bill Payment | 1.25% |
Add Money from Debit/Credit Card | Free |
Add Money from Bank | Free |
Transfer Money to Bank | 1.25% |
Send Money (Wallet to Wallet) | Free |
Receive Money (Wallet to Wallet) | Free |
Mobile Recharge | Free |
QR Code Purchase | Free |
Transaction History | Free |
ATM Cash Out (minimum withdrawal amount BDT 3000) | 1.25% |