Terms and Conditions

Welcome to ACEMONEY!

These terms and conditions outline the rules and regulations for the use of “Aceware FinTech Service Pvt. Ltd.” Website- https://acepay.co.in/.Usage of UPI services via Acemoney App by the User shall be subject to UPI guidelines issued by NPCI from time to time. By using this Website, you expressly accept all terms and conditions contained herein in full. You must not use this Website if you have any objection to any of these Website Standard Terms And Conditions. The following terminology applies to these Terms of Service, Privacy Statement, and any or all Agreements: "You" and "Your" refers to you, the person accessing this website and accepting the Company's terms of service. "The Company", "Ourselves", "We", "Our" and "Us", refers to our Company.


“UPI” means Unified Payments Interface- an instant payment system developed by the NPCI, an RBI regulated entity. UPI is built over the IMPS infrastructure and allows you to instantly transfer money between any two parties bank accounts.

“NPCI” means National Payments Corporation of India, an umbrella organization for operating retail payments and settlement systems in India, is an initiative of the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India.

“Acemoney app” means the mobile application, hosted by Aceware FinTech Service Pvt. Ltd. for providing ATM services and UPI services to its users, including merchants and service providers.

“Merchant” means a person or entity who uses Acemoney UPI as a payment option to collect payments from their customers for the goods and services provided

“Payee” means a person to whom money is paid

“Bank account” means a financial account maintained by a bank or financial institution for managing financial transactions.

Setting up Acemoney UPI/ Acemoney app

Acemoney UPI can be made available via Acemoney app to its registered users. You can register for Acemoney UPI using your bank account linked with your active mobile number.

You can download the Acemoney app from Playstore/Appstore Click signup, once you signup keep your login id and password secure and confidential The details you provide should be accurate, true, and complete, if any information or details is inaccurate, untrue, and incomplete then we shall have the right to indefinitely suspend or terminate or block access of your account with AcemoneyUPI When you log in to your Acemoney UPI account, your services will be activated and you can enjoy all the benefits of our services. You can disable your Acemoney account. Once the account is disabled, it is possible that as a result of disabling the Acemoney UPI Account by you, some account specific data may be lost or purged and may not be retrievable. You agree and accept that Acemony or Aceware FinTech service Pvt. Ltd is not responsible for the loss of data or any other damage suffered by you as a result of the closure of the Acemoney account by you and its subsequent restoration.


The Acemoney UPI Terms and Acemoney Privacy Policies will be governed by and construed in accordance with the laws of India. If any dispute or claim arises under this Agreement or in relation to Acemoney UPI or Acemoney or any question as to its existence, validity, or termination, arising out of or in connection with these Terms and Conditions may be brought EXCLUSIVELY in the competent courts/ tribunals having jurisdiction in Kerala, India The Courts at Kerala shall be the sole and exclusive jurisdiction over any matters related to these Terms and Conditions.