This policy is pursuant to the provisions of Rule 4(1) of the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011 as may be amended from time to time
OM Associates Finance shall mean OM Associates Finance India Limited (previously known as OM Associates Finance and includes its affiliates and subsidiaries
OM Associates Finance shall mean such entities that provide and facilitate services with OM Associates Finance, including banks, acquirers and providers of payment gateways or such other vendors engaged by OM Associates Finance to provides its services
OM Associates Finance Account/Services means any services and any and all related OM Associates Finance platforms, applications and services offered to you by OM Associates Finance in connection with your OM Associates Finance Account and include such services which may be offered by OM Associates Finance including but not restricted to digital payment solutions, invoice discounting, facilitating business credit and such other services as may be offered by OM Associates Finance from time to time
Personal Data/Information means personal information that can be associated with an identified or identifiable person. “Personal Data” can include name, postal address (including billing and shipping addresses), telephone number, email address, credit card number, bank account number, other financial account information, financial statements, date of birth, and government-issued credentials (e.g., driver’s license number, permanent account number Aadhar Number, passport etc.). Personal Data does not include information that does not identify a specific User.
Process means any method or manner in which we handle Personal Data whether or not by automated means, such as collection, recording, organization, structuring, storage, adaptation or alteration, retrieval, and consultation, disclosure by transmission, disseminating or erasure or destruction of Personal Data.
By choosing to provide this personal information, a User expressly consents to the transfer and storage of that information on OM Associates Finance/ OM Associates Finance Associate servers.
We use personal information for varied reasons: -
When a User utilizes the OM Associates Finance platform or sends emails or other data, information or communication to OM Associates Finance or any of its accredited service providers or banks, the User agrees and understands that such information and transaction related data may be communicated through a third-party payment gateway controlled by a OM Associates Finance Associate through electronic records and to the acquirer or the banks. The User expressly consents that such personal information and transaction related data and/or data related to the payer/payee shall be shared to such parties in course of the services provided by us. The User consents to receive communications via electronic records from such OM Associates Finance Associate periodically. Upon registration with OM Associates Finance, a User agrees that he shall be contacted on his mobile or e mail address for authentication of a transaction or from time to time about updating his content to provide features which OM Associates Finance believes may benefit him or for the purpose of receiving promotional messages. A User's information shall remain with OM Associates Finance and OM Associates Finance Associates. OM Associates Finance does not sell or rent your personal information to anyone. The user hereby confirms that he has no objection to aforesaid use of his information.
OM Associates Finance may in course of rendering its services share Personal Data of the User with third-party service providers, banks, acquirers and payment gateways that perform services and functions at our direction and on our behalf viz including but not limited to processing of the transactions, providing customer support or user behaviour analysis, KYC check etc. OM Associates Finance also use such information to perform statistical analyses of User behaviour and characteristics in order to measure interest in and use of the user.
OM Associates Finance may also share a User's personal information with any statutory or legal authority as may be required or mandated by that authority. OM Associates Finance may disclose personal information when required, such as to respond to legal requirements, enforce OM Associates Finance policies or protect anyone's rights, property, or safety. Such information will be disclosed in accordance with applicable laws and regulations in good faith. Please note that we are not required to question or contest the validity of any search warrant, subpoena or other similar governmental request that we receive. If required by law to do so or if considered necessary to do so for proper management of credit or business risk, OM Associates Finance reserves the right to disclose any and all such User information, including default in any payments or misuse of the service, to any court of competent jurisdiction, quasi-judicial authority, law enforcement agency, relevant wing of the Central Government or State Government, User's employer, credit reference agency, financial institution or any company which is an affiliate or associate or parent or subsidiary of OM Associates Finance. OM Associates Finance shall not sell or rent a User's personal information to third parties for their marketing purposes without his explicit consent. OM Associates Finance shall comply with the DND regulations as framed and applicable from time to time.
Our OM Associates Finance platform has stringent security measures in place to protect the loss, misuse, and alteration of the information under our control. Whenever you change or access your account information, we offer the use of a secure server. Once your information is in our possession we adhere to strict security guidelines, protecting it against unauthorized access.
Once your information is in our possession we adhere to strict security guidelines, protecting it against unauthorized access. While we are dedicated to securing our systems and Services, you are responsible for securing and maintaining the privacy of your password(s) and Account/profile registration information and verifying that the Personal Data we maintain about you is accurate and current. We are not responsible for protecting any Personal Data that we share with a third-party based on an account connection that you have authorized.
You are aware that however as robust and effective as the security measures are, no security system is impenetrable. You hereby acknowledge that the User is aware of all security risks, including possible third-party interception of any of his transactions and statements of account on the internet and the content of his transactions or statements of account becoming known to third parties. The User agrees and undertakes that he shall not hold OM Associates Finance/ OM Associates Finance Associates liable therefore in any way. The use and storage of any information, including without limitation, the credit card number, PIN, password, account information, transaction activity, account balances and any other information available on the User's internet access device or computer or mobile phone is at his own risk and responsibility. The User furthermore acknowledges and accepts that OM Associates Finance may not encrypt all content or communications from and to their OM Associates Finance platform.
We provide all users with the opportunity to opt-out of receiving non-essential (promotional, marketing-related) communications from us on behalf of our partners, and from us in general, after setting up an account. If you want to remove your contact information from all our lists and newsletters, please visit unsubscribe
This Policy does not apply to the practices of companies that OM Associates Finance does not own or control, or to people that OM Associates Finance does not employ or manage.
If a User has any questions he may write to OM Associates Finance online or he may write to OM Associates Finance Customer Support at