Education Fee Terms & Conditions

PLEASE READ THESE EDUCATION FEE TERMS AND CONDITIONS CAREFULLY. BY COMPLETING THE SELLER ONBOARDING PROCESS OR BY INITIATING OR RECEIVING A PAYMENT FOR TUITION, COACHING, TUTORING, ADVISORY OR RELATED EDUCATION SERVICES THROUGH THE CURIE MONEY PLATFORM, YOU AGREE TO BE BOUND BY ALL OF THE TERMS AND CONDITIONS SET OUT BELOW.

1. Introduction

Yield Technologies Private Limited ("Company", "We", "Us", or "Our") is an India-based fintech platform and technology-enabled marketplace that helps users make digital payments to registered Sellers. We provide the technology and infrastructure that make it easier for users, including students and professionals, to discover, access, and pay for services offered by Sellers through a simple and seamless digital experience.

Our goal is to simplify transactions by connecting users with verified Sellers in a secure and user-friendly environment. Yield Technologies acts as a facilitator and provides the tools necessary to enable smooth interactions and payments between users and Sellers.

To provide our services, Yield Technologies may collect and process personal information in accordance with the Digital Personal Data Protection Act, 2023 and other applicable laws. We provide appropriate privacy notices and obtain consent where required before processing personal information. By using the Platform, users acknowledge and agree to the collection and processing of their information as described in our Privacy Policy.

2. Definitions

In these Terms and Conditions, unless the context otherwise requires, the following terms shall have the meanings ascribed to them below:

All terms not defined herein shall have the meanings assigned to them in the Yield Technologies General Terms and Conditions or Privacy Policy, as applicable. Words in singular shall include plural and vice versa; references to statutes include amendments thereto.

3. Nature of the Platform and Marketplace Services

The Yield Technologies Platform functions solely as a technology-enabled payment facilitation marketplace. It provides technical infrastructure enabling Payers to initiate digital payments to registered Sellers for Permitted Services. All payments on the Platform are collected from Users/Payers and settled to Sellers exclusively through the Authorised Payment Partner, which is an RBI-authorised Payment Aggregator and Payment Gateway. Yield Technologies does not itself collect, hold, pool, aggregate, or disburse any funds from Users/Payers. Transaction amounts paid by Users/Payers never pass through or rest in any bank account of Yield Technologies; the Authorised Payment Partner collects such amounts, settles the Settlement Amount directly to the Seller's registered bank account or UPI VPA, and separately remits the Platform Fees to Yield Technologies. Yield Technologies is not a Payment Aggregator or Payment Gateway within the meaning of the RBI (Regulation of Payment Aggregators) Directions, 2025.

Yield Technologies and the Authorised Payment Partner do not review, authenticate, endorse, guarantee, or warrant the existence, legality, accuracy, quality, sufficiency, performance, or fulfilment of any service for which a payment is made through the Platform. All responsibility for the provision, quality, delivery, duration, compliance, and legal validity of the Permitted Services rests entirely with the Seller.

Nothing in this Agreement creates any agency, partnership, employment, fiduciary, joint venture, or representative relationship between the Seller and Yield Technologies. Yield Technologies acts solely as a technology intermediary and is not a party to the underlying service transaction between the Seller and User/Payer.

Yield Technologies is not responsible for resolving disputes between Users/Payers and Sellers with respect to the quality, performance, or non-delivery of Permitted Services. Such disputes must be resolved directly between the concerned parties.

Yield Technologies reserves the right to modify, expand, restrict, suspend, or discontinue any category of Permitted Services; impose or amend eligibility criteria; require additional verification; or introduce additional conditions, for operational, compliance, or regulatory reasons, at any time without prior notice and without liability.

4. Seller Onboarding and Registration

4.1 Eligibility

You are eligible to register and operate as a Seller on the Platform only if You satisfy all of the following conditions at all times:

• You are a natural person aged 18 (eighteen) years or above, or a duly incorporated and validly existing entity under applicable Indian law;
• You possess the legal capacity, and all necessary qualifications, licences, registrations, and authorisations under Applicable Laws to provide the Permitted Services in India;
• You are not barred, prohibited, restricted, or debarred from entering into contracts or from accessing or using financial or payment services under any applicable law, order of a competent court, or directive of any regulatory authority;
• Your registration as a Seller and receipt of payments through the Platform does not violate any court order, regulatory directive, undertaking, or contractual obligation binding upon You;
• You hold a valid Permanent Account Number (PAN) issued by the Income Tax Department of India; and
• You maintain a valid, active bank account or UPI Virtual Payment Address (VPA/ID) with a bank regulated by the Reserve Bank of India.

4.2 Registration and Onboarding Process

The following process shall apply for Seller onboarding:

• A User/Payer shall initiate the Seller onboarding process through the Yield Technologies Platform by sending an invitation via SMS, WhatsApp, or email to the Seller's registered contact details.
• The Seller shall receive a secure onboarding link valid for 48 (forty-eight) hours from the time of dispatch. Failure to complete the onboarding process within this period shall result in automatic expiry of the link and may trigger an automatic refund to the Payer within a reasonable period (typically 10-15 business days) via the original payment method, subject to the processing timelines of the Authorised Payment Partner and the Payer's bank.
• The Seller shall provide all information and documentation required by Yield Technologies for onboarding, including but not limited to: Legal Name and Trade Name (if any); PAN; Bank Account details / VPA ID; service category and description; proof of identity; proof of address; and such other documents as may be specified by Yield Technologies or required under Applicable Laws.
• Completion of the onboarding process does not constitute endorsement, certification, or guarantee by Yield Technologies of the Seller's identity, legitimacy, authority, or service capacity beyond the standard verification checks conducted for compliance purposes.
• Yield Technologies reserves the right to seek additional documentation, conduct re-verification, and delay, reject, or revoke onboarding at any time, at its sole discretion, without assigning reasons.
• The Seller acknowledges that Yield Technologies' verification checks are for internal compliance and risk management purposes only and do not confer any approval, endorsement, or licence upon the Seller.

4.3 KYC and AML Verification

All Sellers are subject to mandatory KYC verification at two levels: (a) Yield Technologies' internal onboarding verification for platform compliance and risk management purposes; and (b) KYC verification conducted by the Authorised Payment Partner in its capacity as an RBI-authorised Payment Aggregator, in accordance with the RBI (Regulation of Payment Aggregators) Directions, 2025, the Prevention of Money-Laundering Act, 2002, applicable RBI KYC Master Directions, and FIU-IND directions. The Seller acknowledges that the Authorised Payment Partner bears the primary KYC and Customer Due Diligence ("CDD") obligation as the PA directly onboarding the Seller as a sub-merchant, and that the Seller will be required to independently complete such KYC process with the Authorised Payment Partner as part of the onboarding workflow on the Platform. Yield Technologies shall collect, verify, and retain KYC documents for its own internal compliance purposes. Sellers shall promptly provide all documents and information requested, including PAN, Aadhaar (where voluntarily provided and in compliance with the Aadhaar Act, 2016), bank statements, address proof, and such other information as Yield Technologies or the Authorised Payment Partner may require. Yield Technologies and the Authorised Payment Partner may each periodically re-verify KYC information and may independently suspend or terminate the Seller's access for failure to comply.

5. Seller's Warranties, Representations, and Undertakings

The Seller hereby represents, warrants, and undertakes to Yield Technologies that, at all times during the subsistence of this Agreement:

• The Seller is legally permitted and possesses all necessary qualifications, licences, registrations, and authorisations to provide the Permitted Services in India under all Applicable Laws and shall maintain such permissions throughout the term of this Agreement.
• All information and documents furnished to Yield Technologies — including identity details, contact information, PAN, service category, banking and financial credentials, and all supporting documents — are true, accurate, complete, current, and genuine, and free from any misrepresentation, forgery, fabrication, or manipulation.
• The Seller shall promptly notify Yield Technologies in writing of any material change in its information, including change of name, address, contact details, bank account or VPA ID, service category, ownership, control, beneficial ownership, or legal or regulatory status, within 5 (five) business days of such change. Failure to notify Yield Technologies within this period shall constitute a material breach of this Agreement and shall entitle Yield Technologies to suspend the Seller's access to the Platform and withhold settlements pending verification of updated information.
• The Seller shall comply with all Applicable Laws in the provision of Permitted Services, including laws relating to consumer protection, taxation, data protection, cyber security, advertising, professional licensing, and any sector-specific regulations applicable to the nature of the Permitted Services.
• The Seller shall honour all commitments, representations, and promises made to Users/Payers in course descriptions, promotional materials, advertisements, or onboarding communications, and shall not materially alter, reduce the scope of, or withdraw any such commitment after receipt of payment, without the prior written consent of the User/Payer.
• The Seller shall not, under any circumstances, collect, store, process, or retain any payment card data, bank account credentials, UPI credentials, CVV/CVC numbers, OTPs, PINs, passwords, or other sensitive financial information of Users/Payers, and shall not redirect Users/Payers to any payment mechanism outside the Yield Technologies Platform for payments in respect of Permitted Services.
• The Seller shall not engage in, facilitate, or enable money laundering, financing of terrorism, bribery, corruption, fraud, or any other illegal activity through the Platform.
• The Seller shall not make false, misleading, deceptive, or exaggerated claims in respect of its services, qualifications, credentials, experience, or authority on the Platform or in any communications with Users/Payers.
• The Seller shall fully cooperate with Yield Technologies' compliance, audit, and fraud-prevention measures, including providing all documents and information requested within the timelines specified by Yield Technologies.
• The Seller's use of the Platform and provision of Permitted Services shall not infringe any third-party intellectual property rights, contractual obligations, or applicable law, and shall not give rise to any claim, liability, or penalty against Yield Technologies.
• The Seller has the power, authority, and capacity to execute and perform its obligations under this Agreement, and this Agreement, when accepted, constitutes valid, binding, and enforceable obligations of the Seller.
• The Seller shall not share, disclose, or misuse any confidential, proprietary, or sensitive information of Yield Technologies, Users/Payers, or third parties obtained through or in connection with use of the Platform.
• The Seller shall process User Personal Data solely for providing Permitted Services, implement appropriate security safeguards, comply with the Digital Personal Data Protection Act, 2023 and applicable laws, and shall not sell, disclose, share, transfer, or otherwise misuse such Personal Data except as expressly authorised by the User, Yield Technologies, or required by Applicable Law. The Seller shall immediately notify Yield Technologies in writing of any actual or suspected Personal Data breach affecting User data in the Seller's possession or control.

6. Payer / User Obligations

Each User/Payer who accesses the Marketplace represents, warrants, and agrees that:

• All payments initiated through the Platform correspond to genuine, lawful, and subsisting service arrangements with the Seller, and the User shall not initiate payments for fictitious, speculative, fabricated, or non-genuine service relationships.
• The User shall verify the accuracy of all payment details, including the Seller's identity, registered contact, and the payment amount, before initiating a transaction. Yield Technologies shall not be liable for payments made to an incorrect Beneficiary due to errors made by the User.
• The User shall not use the Platform for self-to-self transactions, circular or artificial payment flows, transactions intended to obtain cashback or credit benefits unlawfully, or for routing funds to unrelated third parties.
• Yield Technologies is not responsible for the quality, sufficiency, duration, legitimacy, or fulfilment of services provided by the Seller, and the User shall not raise service-related complaints or claims against Yield Technologies.
• The User shall actively ensure that the Seller completes the onboarding process in a timely manner. No claims shall lie against Yield Technologies for delays attributable to the Seller's failure to complete onboarding.
• The User shall notify Yield Technologies of any actual or suspected fraud, security breach, unauthorised access, or suspicious activity related to the Platform or transactions, promptly upon becoming aware of the same.

7. Payments, Settlement, and Withholding Rights

All payments made through the Platform are processed exclusively through the Authorised Payment Partner, which is an entity authorised by the Reserve Bank of India under the Payment and Settlement Systems Act, 2007, and regulated under the RBI (Regulation of Payment Aggregators) Directions, 2025. Yield Technologies does not receive, hold, pool, or disburse transaction amounts. Users/Payers acknowledge that by initiating a payment on the Platform, they are subject to the terms, conditions, and policies of the Authorised Payment Partner in addition to these T&C.

Settlement Amounts shall be transferred directly to the Seller's registered bank account or UPI VPA by the Authorised Payment Partner, only after: (a) successful receipt and confirmation of the payment from the User/Payer by the Authorised Payment Partner; (b) completion of applicable compliance, KYC, and risk assessment checks by both the Authorised Payment Partner and Yield Technologies; and (c) Yield Technologies's instruction to the Authorised Payment Partner to release the Settlement Amount. At no point do Settlement Amounts pass through or rest in Yield Technologies' own bank accounts. Platform Fees are separately remitted by the Authorised Payment Partner to Yield Technologies upon settlement.

Settlement timelines, holding periods, transaction limits, payout caps, cooling-off periods, and other operational controls are governed by the terms of the Authorised Payment Partner's RBI-regulated escrow and settlement framework, including the RBI (Regulation of Payment Aggregators) Directions, 2025, which mandates settlement to merchants generally by T+1 banking day (T = the date of the transaction). Yield Technologies may, within the scope permissible under applicable law and its agreement with the Authorised Payment Partner, instruct the Authorised Payment Partner to impose additional holds or controls on settlement for compliance, risk management, or fraud prevention purposes, without prior notice to the Seller.

As part of fraud prevention and AML risk controls, Yield Technologies may instruct the Authorised Payment Partner to impose a mandatory cooling/holding period on initial settlements for first-time Sellers or first-time transactions, to allow completion of required verification, fraud checks, and risk assessments. Any such hold shall be implemented by the Authorised Payment Partner within the framework of applicable RBI directions, including the RBI (Regulation of Payment Aggregators) Directions, 2025. Yield Technologies may instruct the Authorised Payment Partner to extend any such hold where suspicious activity, inconsistencies, or compliance concerns are identified, provided such extension is permissible under the Authorised Payment Partner's own regulatory framework.

Yield Technologies may instruct the Authorised Payment Partner to withhold, delay, freeze, or reverse settlements in circumstances including but not limited to: (a) suspected or confirmed fraud or money laundering; (b) inaccurate or unverifiable Seller information; (c) unusual or suspicious transaction patterns; (d) chargebacks or disputes; (e) regulatory or law-enforcement directions; (f) breach of this Agreement; (g) pending or ongoing KYC or AML verification; or (h) any other reason that Yield Technologies, in its sole discretion, deems necessary for compliance or risk management. The Seller acknowledges that all such actions are implemented by the Authorised Payment Partner and that the regulatory obligations of the Authorised Payment Partner under the RBI (Regulation of Payment Aggregators) Directions, 2025 shall take precedence over any contrary instruction.

Settlement timelines are governed by the Authorised Payment Partner's regulatory framework under the RBI (Regulation of Payment Aggregators) Directions, 2025, and the specific terms of the merchant agreement between Yield Technologies and the Authorised Payment Partner. Yield Technologies shall not be liable for settlement delays caused by the Authorised Payment Partner, acquiring banks, UPI/NPCI networks, payment service providers, technical failures, or external system outages. The Seller's recourse for settlement delays is subject to the Authorised Payment Partner's own dispute and grievance redressal mechanism in addition to the rights available under these T&C.

Yield Technologies shall maintain complete, accurate, and up-to-date records of all transactions for a minimum period of 5 (five) years from the date of the relevant transaction, or such longer period as required under Applicable Laws, including the PMLA and DPDP Act.

Split Settlement and Regulatory Constraints. The Seller acknowledges and agrees that: (a) the settlement of Platform Fees to Yield Technologies by the Authorised Payment Partner through a split-settlement mechanism is subject to and governed by the RBI (Regulation of Payment Aggregators) Directions, 2025, including the restrictions applicable to third-party payouts to small merchants (domestic annual turnover not exceeding INR 40,00,000); (b) where split settlement is not available for a particular Seller due to applicable RBI directions or the policies of the Authorised Payment Partner, Yield Technologies reserves the right to adopt alternative mechanisms for recovery of Platform Fees, including raising a separate invoice on the Seller or deducting Platform Fees from any future Settlement Amounts when permissible; (c) any change in applicable RBI directions or the policies of the Authorised Payment Partner that affects the split-settlement mechanism shall not constitute a breach by Yield Technologies of this Agreement; and (d) the Seller is required to independently register with and comply with the terms and conditions of the Authorised Payment Partner as a condition of receiving settlements through the Platform.

All transactions and payments processed through the Platform are subject to applicable tax deduction at source (TDS) under the Income-tax Act, 1961, and goods and services tax (GST) as applicable. Yield Technologies shall ensure that the Authorised Payment Partner deducts and remits applicable taxes in accordance with law, and Yield Technologies shall provide or facilitate the provision of relevant tax documentation to the Seller.

8. Fees and Charges

• Yield Technologies may levy Fees for facilitating transactions through the Platform. Applicable Fees shall be disclosed on the Platform prior to the initiation of a transaction and may vary based on the nature of the transaction, service category, transaction value, or risk profile of the Seller.
• Yield Technologies shall instruct the Authorised Payment Partner to deduct applicable Platform Fees and statutory taxes (including TDS, GST, and any other applicable levies) from the Transaction Amount prior to or at the time of settlement to the Seller, through the split-settlement mechanism operated by the Authorised Payment Partner. Platform Fees shall be separately remitted by the Authorised Payment Partner to Yield Technologies. The Seller shall be responsible for all taxes payable on the Settlement Amounts received. The Seller acknowledges that the split-settlement mechanism is subject to the RBI (Regulation of Payment Aggregators) Directions, 2025, including the restrictions applicable to settlement to small merchants (domestic annual turnover not exceeding INR 40,00,000), and that alternative fee recovery mechanisms may be adopted by Yield Technologies if split settlement is not available for a particular Seller category under applicable RBI directions.
• All Fees charged by Yield Technologies are non-refundable unless mandated by Applicable Law.
• Yield Technologies reserves the right to revise, introduce, or discontinue any Fees with reasonable prior notice on the Platform. The Seller's continued use of the Platform following such notice constitutes acceptance of the revised Fees.

9. Chargeback Events

A "Chargeback Event" occurs when a User/Payer disputes a payment with their bank, card network, or payment provider, resulting in reversal, refund, or clawback of a payment that has been settled or is due to be settled to the Seller.

All liability in respect of Chargeback Events arising from the Seller's transactions or conduct shall be the sole responsibility of the Seller. The Seller acknowledges that Chargeback Events are managed and processed by the Authorised Payment Partner in its capacity as RBI-regulated Payment Aggregator, subject to the rules of the relevant card network, bank, or payment system. Upon being notified of a Chargeback Event by the Authorised Payment Partner, Yield Technologies shall promptly notify the Seller, who must provide all relevant documentation and information required to contest the chargeback within the timeframe specified by Yield Technologies, the Authorised Payment Partner, or the applicable card network. Failure to provide such documentation within the required timeframe shall be deemed acceptance of the chargeback by the Seller. Where a Chargeback Amount is recovered from or charged to Yield Technologies or the Authorised Payment Partner and passed on to Yield Technologies, Yield Technologies shall be entitled to recover such amount from the Seller in accordance with Clause 9(c) and (d) of this Agreement.

Where a Chargeback Amount is charged to or recovered from Yield Technologies, Yield Technologies shall be entitled to recover such amount from the Seller by: (i) deducting it from future Settlement Amounts payable to the Seller; or (ii) demanding direct payment from the Seller. The Seller agrees to promptly reimburse Yield Technologies for any such amounts upon demand. Any amounts due from the Seller to Yield Technologies under this Agreement that remain unpaid for more than 7 (seven) days from the date of demand shall bear interest at the rate of 18% per annum (or the maximum rate permitted under Applicable Laws, whichever is lower), calculated from the due date until the date of actual payment.

The Seller shall indemnify Yield Technologies for all costs, penalties, fines, and expenses incurred by Yield Technologies arising from or in connection with Chargeback Events attributable to the Seller's transactions or conduct.

10. Prohibited Conduct, Fraud Prevention, and AML Compliance

The Platform shall not be used, whether directly or indirectly, for fraud, money laundering, financing of terrorism, or any purpose that is fictitious, misleading, deceptive, unauthorised, or prohibited under Applicable Laws, including the PMLA, 2002 and the Unlawful Activities (Prevention) Act, 1967. Sellers and Users are strictly prohibited from engaging in any of the following conduct:

• Initiating, facilitating, or procuring fraudulent, fictitious, or fabricated transactions;
• Providing false, forged, altered, incomplete, or misleading documents or information to Yield Technologies;
• Creating or attempting to create fictitious or non-genuine service relationships to generate or route payments;
• Misrepresenting the true nature, purpose, or economic substance of any payment;
• Routing or diverting funds to unrelated, unverified, or unauthorised third parties;
• Engaging in circular, artificial, self-to-self, or otherwise non-genuine transactions;
• Using the Platform as a conduit to obtain unauthorised cashback, credit, rewards, or other financial benefits;
• Attempting to obscure or conceal the true identity, origin, or destination of any funds processed through the Platform;
• Attempting to bypass, evade, or undermine Yield Technologies' KYC, AML, fraud-monitoring, or verification systems; or
• Any other conduct that is coercive, exploitative, abusive, or that misuses Yield Technologies' payment infrastructure.

10.1. Yield Technologies may, without prior notice and without liability, freeze or withhold settlements, reverse transactions, suspend or terminate access to the Platform, demand additional documentation, and/or report suspicious activity to the Financial Intelligence Unit – India (FIU-IND), Enforcement Directorate (ED), Central Bureau of Investigation (CBI), Reserve Bank of India, or any other competent regulatory or law-enforcement authority, as required under Applicable Laws.

10.2. Yield Technologies' determination as to whether any activity or transaction constitutes a violation under this Clause shall entitle Yield Technologies to exercise any and all remedies available under this Agreement, including those specified in Clauses 7, 9, 10.1, and 15, subject to the requirements of Applicable Laws.

11. Data Protection and Privacy

11.1 Yield Technologies' Obligations as Data Fiduciary

Yield Technologies, as a Data Fiduciary under the DPDP Act, 2023, shall:

• Process Personal Data of Sellers, Users, and other Data Principals only for specified, lawful purposes and strictly in accordance with the Consent obtained from the Data Principal or any other valid ground of processing permitted under the DPDP Act;
• Make reasonable efforts to maintain the accuracy and completeness of Personal Data processed through the Platform, and update Personal Data upon being informed of any inaccuracy;
• Implement and maintain appropriate technical and organisational security measures, consistent with applicable standards (including ISO/IEC 27001 or any standard notified by the Central Government under Section 8 of the DPDP Act, 2023 or applicable rules and law) to protect Personal Data from unauthorised access, disclosure, alteration, or destruction;
• Retain Personal Data only for as long as necessary for the specified purpose or as required under Applicable Laws, and thereafter erase such data in accordance with Section 8 of the DPDP Act, 2023 and applicable rules;
• Notify the Data Protection Board of India and affected Data Principals of any Personal Data breach, in the manner and within the timelines prescribed under Section 8 of the DPDP Act, 2023 or applicable rules and law;
• Not transfer Personal Data outside India except in accordance with any restrictions or conditions prescribed by the Central Government under Section 16 of the DPDP Act; and
• Ensure that any Data Processors engaged by Yield Technologies, including the Authorised Payment Partner in its capacity as processor of Personal Data for payment facilitation purposes, process Personal Data only in accordance with Yield Technologies' written instructions and comply with all obligations applicable to Data Processors under the DPDP Act, 2023 and the DPDP Rules, 2025, including the security safeguard requirements under Rule 6. Yield Technologies's agreement with the Authorised Payment Partner shall contain appropriate contractual provisions governing the processing of Personal Data, as required under Rule 9 of the DPDP Rules, 2025.

11.2 Consent and Purposes of Data Processing

By registering on the Platform and accepting these T&C, the Seller provides free, specific, informed, unconditional, and unambiguous Consent for Yield Technologies to collect, verify, process, store, and share their Personal Data (including name, contact details, PAN, bank account details, VPA ID, identity and address documents, transaction history, and device/usage data) for the following purposes:

• Onboarding, KYC, and identity verification of the Seller;
• AML screening, fraud detection, and risk management;
• Processing, facilitating, and settling payments through the Platform;
• Compliance with Applicable Laws, including regulatory reporting, tax obligations, and law-enforcement cooperation;
• Sharing with authorised Payment Service Providers, banks, KYC verification agencies, credit bureaus, and other regulated partners, for the purposes of transaction processing and compliance;
• Conducting internal audits, risk assessments, business analytics, and operational activities;
• Responding to regulatory, governmental, or law-enforcement directions or orders; and
• Service improvement, customer support, and communication.

Yield Technologies shall not process Personal Data for purposes other than those specified above without obtaining fresh Consent, or as otherwise permitted under the DPDP Act.

11.3 Rights of Sellers and Users as Data Principals

Each Seller and User, as a Data Principal under the DPDP Act, 2023, is entitled to the following rights in respect of their Personal Data processed by Yield Technologies:

• Right to Access Information [Section 11]: The right to obtain a summary of the Personal Data processed by Yield Technologies, the purposes of processing, the identities of all Data Processors and data fiduciaries with whom the Personal Data has been shared, and any other information specified by the Central Government.
• Right to Correction and Erasure [Section 12]: The right to seek correction of inaccurate, incomplete, or misleading Personal Data; the right to update Personal Data; and the right to seek erasure of Personal Data where it is no longer necessary for the specified purpose for which it was collected, or where Consent has been withdrawn, subject to any legal retention obligations under Applicable Laws.
• Right to Grievance Redressal [Section 13]: The right to have any grievance regarding the processing of Personal Data, or the exercise of rights under the DPDP Act, addressed by Yield Technologies' Grievance Officer within a reasonable period.
• Right to Nominate [Section 14]: The right to nominate any other individual to exercise rights under the DPDP Act on the Data Principal's behalf in the event of death or incapacity, in the manner prescribed under the DPDP Act.
• Right to Withdraw Consent [Section 6(4)]: The right to withdraw Consent for the processing of Personal Data at any time, in a manner as easy as giving Consent, by contacting Yield Technologies' Grievance Officer. The Seller acknowledges that withdrawal of Consent may render Yield Technologies unable to continue providing the Marketplace Services.
• Right to approach the Data Protection Board [Section 27]: The right to make a complaint to the Data Protection Board of India if the Seller's grievance is not satisfactorily resolved by Yield Technologies.

11.4 IT Act – Sensitive Personal Data (SPDI) Compliance

In addition to the obligations under the DPDP Act, Yield Technologies shall, to the extent in force, comply with the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011 ("SPDI Rules") with respect to any Sensitive Personal Data or Information collected through the Platform. Yield Technologies shall: (a) collect SPDI only for a lawful purpose connected with its functions and only when necessary; (b) maintain a comprehensive information security programme consistent with ISO/IEC 27001 or another standard specified by the Central Government; (c) obtain explicit written consent before collecting SPDI; (d) not transfer SPDI to any third party without ensuring equivalent data protection and obtaining prior written consent; and (e) permit Data Principals to review and correct their SPDI.

11.5 Data Localisation and Cross-Border Transfers

Personal Data collected from Indian residents through the Platform shall be stored in India or in any jurisdiction permitted under Applicable Law. Any cross-border transfer of Personal Data shall be conducted only in compliance with Section 16 of the DPDP Act and any restrictions or conditions notified by the Central Government. Yield Technologies shall not transfer Personal Data to a country or territory that has been restricted by the Central Government.

11.6 Personal Data Breach Notification

In the event of a Personal Data breach, Yield Technologies shall: (a) take immediate remedial action to contain and mitigate the breach; (b) notify the Data Protection Board of India and all affected Data Principals in the manner prescribed under Section 8(6) of the DPDP Act and applicable rules, without undue delay; and (c) maintain detailed records of all Personal Data breaches, the measures taken to address them, and communications sent to affected Data Principals and the Board.

12. Information Technology Act, 2000 – Compliance and Electronic Records

This Agreement constitutes an electronic record within the meaning of Section 2(1)(t) of the IT Act and the Information Technology (Certifying Authorities) Rules, 2000. This Agreement shall be deemed to have been duly formed and executed in electronic form, without the requirement of any physical or digital signature, and shall be binding and enforceable as a valid electronic contract under Section 10A of the IT Act, read with the Indian Contract Act, 1872.

Yield Technologies operates as an Intermediary under Section 2(1)(w) of the IT Act and complies with the obligations prescribed under the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 ("Intermediary Guidelines"), including: (a) publishing these Terms and Conditions, Privacy Policy, and User Policy on the Platform; (b) informing Sellers and Users of Applicable Laws and prohibited content; (c) not hosting, displaying, storing, or publishing unlawful information on the Platform; (d) taking down or disabling access to unlawful or infringing content upon receiving actual knowledge or written communication from a competent authority; and (e) cooperating with competent governmental or law-enforcement authorities.

Yield Technologies implements reasonable security practices and procedures as required under Section 43A of the IT Act and the SPDI Rules, to protect sensitive personal data and information processed through the Platform from unauthorised access, use, disclosure, or breach.

Any electronic communication, notice, consent, acceptance, or record created, stored, or transmitted through the Platform — including acceptance of these T&C by clicking 'I Agree' or completing the onboarding process — shall be deemed to satisfy the requirements of the IT Act for electronic records and electronic contracts.

Yield Technologies has appointed a Grievance Officer in accordance with Rule 3(2) of the Intermediary Guidelines or other applicable law, as detailed in Clause 18 of these T&C.

13. Intellectual Property Rights

• All intellectual property rights in the Yield Technologies Platform, including but not limited to technology, software, source code, databases, algorithms, interfaces, branding, trademarks, trade names, logos, website design, content, and all other materials ("Yield Technologies IP") are the exclusive property of Yield Technologies Private Limited or its licensors.
• The Seller is granted a limited, non-exclusive, non-transferable, revocable licence to access and use the Platform solely for the purposes set out in this Agreement and in accordance with these T&C. This licence does not include any right to sub-license, copy, reproduce, modify, distribute, adapt, reverse-engineer, decompile, or create derivative works from any part of the Yield Technologies IP, without prior written consent of Yield Technologies.
• The Seller shall not use Yield Technologies' name, brand, logo, or trademarks in any advertising, promotional material, or communication without prior written consent.
• The Seller grants Yield Technologies a non-exclusive, perpetual, irrevocable, royalty-free, sublicensable licence to use, display, reproduce, and archive the Seller's name, brand (if applicable), and service descriptions on the Platform and in Yield Technologies's records for the purpose of facilitating the Marketplace Services, maintaining transaction records, and complying with Applicable Laws, including after termination of this Agreement.
• Any intellectual property developed by Yield Technologies in the course of providing the Marketplace Services, including technology enhancements, platform improvements, or data analytics tools, shall vest exclusively in Yield Technologies.

14. Service-Related Disputes

• Yield Technologies is not a party to any service arrangement between the User/Payer and the Seller and is not responsible or liable for resolving disputes between them relating to the quality, scope, performance, delivery, or non-delivery of Permitted Services. All such disputes must be resolved directly between the User/Payer and the Seller.
• Yield Technologies shall not issue refunds for completed transactions except: (a) as directed by a competent court or regulatory authority; (b) as required by Applicable Laws; or (c) in the specific circumstances set out in these T&C (such as incomplete onboarding).
• Yield Technologies may, at its sole discretion, facilitate communication between the User/Payer and Seller in the event of a dispute, but shall not be required to adjudicate, mediate, arbitrate, or resolve any such dispute.

15. Suspension, Restriction, and Termination

15.1. Yield Technologies may, at its sole discretion and without prior notice, restrict, suspend, or terminate a Seller's registration and access to the Platform for any of the following reasons:

• Breach of any provision of this Agreement;
• Fraud, money laundering, financing of terrorism, or AML violations;
• Provision of false, forged, fabricated, or misleading information or documents;
• Non-cooperation with KYC, compliance, re-verification, or audit requests;
• Repeated chargebacks, disputes, or User/Payer complaints;
• Insolvency, bankruptcy proceedings, or inability to pay debts;
• Direction or order of a regulatory, governmental, or law-enforcement authority;
• Any other reason that Yield Technologies, in its sole discretion, deems detrimental to the Platform, Users/Payers, third parties, or Yield Technologies' business or reputation.

15.2. Upon termination or expiry of this Agreement: (a) the Seller's access to the Platform shall cease immediately; (b) Yield Technologies shall instruct the Authorised Payment Partner to process any outstanding Settlement Amounts (after deducting all amounts owed by the Seller, including anticipated chargebacks, pending disputes, and any other permissible deductions) subject to any withholding or freezing for pending compliance investigations, within a reasonable time, provided that Yield Technologies may retain a holdback from the final Settlement Amount for a period of up to 180 (one hundred and eighty) days following termination to cover post-termination chargebacks, refunds, or claims; and (c) the provisions of Clauses 5, 8, 9, 10, 11, 12, 13, 15, 16, 17, and 18 shall survive termination.

15.3. The Seller may terminate this Agreement by providing 30 (thirty) days' prior written notice to Yield Technologies. Yield Technologies may terminate this Agreement by providing 15 (fifteen) days' prior written notice to the Seller, or immediately upon the occurrence of any event specified in Clause 15.1.

16. Indemnification

The Seller agrees to fully defend, indemnify, protect, and hold harmless Yield Technologies Private Limited, its holding and subsidiary companies, and each of their respective officers, directors, employees, agents, partners, successors, and permitted assigns (collectively, "Indemnified Parties"), from and against any and all claims, demands, suits, actions, proceedings, losses, damages, liabilities, penalties, fines, costs, and expenses (including reasonable legal fees and costs of investigation), without any limitation on the quantum of such indemnification and independent of any liability cap specified in Clause 17 of this Agreement, arising from or related to:

• Any breach by the Seller of any representation, warranty, or obligation under this Agreement;
• Negligence, fraud, wilful misconduct, misrepresentation, or violation of Applicable Laws by the Seller or its employees, agents, or contractors;
• The Seller's Permitted Services or the failure to deliver, perform, or fulfil any aspect of the Permitted Services;
• Infringement or alleged infringement of any third-party intellectual property rights, privacy rights, or other rights;
• Chargeback Events attributable to the Seller's transactions or conduct;
• Any claim, demand, or action by a User/Payer, regulatory authority, or third party arising from the Seller's use of the Platform or provision of Permitted Services; or
• Any tax, levy, duty, or penalty imposed on Yield Technologies as a result of the Seller's acts or omissions.

This indemnification obligation shall survive termination, expiry, suspension, or cancellation of this Agreement.

17. Limitation of Liability

• To the maximum extent permitted by Applicable Laws, Yield Technologies shall not be liable for any indirect, incidental, special, punitive, exemplary, or consequential damages, including loss of profits, revenue, data, goodwill, business opportunity, or reputation, arising from or related to this Agreement or the use of the Platform, whether based in contract, tort, negligence, strict liability, or otherwise.
• In any event, Yield Technologies' aggregate liability to the Seller under or in connection with this Agreement shall not exceed the total Platform Fees received by Yield Technologies in respect of the Seller's transactions in the 3 (three) calendar months immediately preceding the event giving rise to the claim.
• Yield Technologies shall not be liable for any failure, delay, or degradation in the performance of the Platform or Marketplace Services caused by a Force Majeure Event (as defined in Clause 22). In such events, Yield Technologies' obligations shall be suspended for the duration of the Force Majeure Event.
• The Platform and Marketplace Services are provided on an "AS IS" and "AS AVAILABLE" basis. Yield Technologies makes no warranty, express or implied, including any implied warranty of merchantability, fitness for a particular purpose, title, or non-infringement.

18. Grievance Redressal Officer

Grievance Officer & Data Protection Officer
Name: Arindam Ghosh
Designation: Grievance Officer and Data Protection Officer
Yield Technologies Private Limited
Registered Office: 1st Floor, #1290, 5th Main, 17th Cross, HSR Layout, Bangalore 560102
Email: support@curie.money
Contact Hours: Monday to Friday, 9 AM IST to 6 PM IST (excluding public holidays)

18.2. Sellers and Users may address all complaints, queries, and grievances related to these T&C, data processing, payment settlement, or Platform services to the Grievance Officer at the above contact details.

18.3. Yield Technologies shall acknowledge receipt of a grievance within 24 (twenty-four) hours and endeavour to resolve it within 15 days of receipt, in accordance with the Intermediary Guidelines. Data-related grievances shall be addressed in accordance with the timelines prescribed under the DPDP Act.

18.4. If a Data Principal's grievance is not satisfactorily resolved by Yield Technologies, the Data Principal may escalate the matter to the Data Protection Board of India, established under Section 18 of the DPDP Act, in accordance with the procedure prescribed thereunder.

19. Governing Law and Dispute Resolution

• This Agreement shall be governed by, and construed and enforced in accordance with, the laws of India, without regard to conflict of law principles.
• In the event of any dispute, claim, difference, or controversy arising out of or in connection with this Agreement, including any question regarding its existence, validity, breach, or termination, the parties shall first attempt resolution through good-faith negotiations within 30 (thirty) days of written notice of the dispute.
• If the dispute is not resolved through negotiation within the period specified, the matter shall be referred to and finally resolved by arbitration under the Arbitration and Conciliation Act, 1996 (as amended by the Arbitration and Conciliation (Amendment) Act, 2019 and 2021), before a sole arbitrator mutually appointed by the parties. In the absence of agreement on the appointment within 15 (fifteen) days, the arbitrator shall be appointed by Yield Technologies from a panel of qualified arbitrators, subject to the other party's right to challenge such appointment under the Act. The seat and venue of arbitration shall be Bengaluru, India. The language of arbitration shall be English. The arbitral award shall be final and binding on the parties.
• Subject to the arbitration clause, and to the extent permitted by law, the courts at Bengaluru, India shall have exclusive jurisdiction over any matter arising from or in connection with this Agreement that is not subject to arbitration.

20. Amendments

• Yield Technologies reserves the right to amend, modify, supplement, or replace these T&C, in whole or in part, at any time and at its sole discretion, by publishing updated terms on the Platform or notifying Sellers through their registered contact details.
• Amendments shall take effect from the date specified by Yield Technologies, which shall be not less than 7 (seven) days from the date of publication on the Platform, unless a shorter period is necessitated by regulatory requirements. Sellers are responsible for reviewing these T&C periodically.
• The Seller's continued use of the Platform following the effective date of any amendment constitutes unconditional acceptance of the amended T&C. If the Seller does not agree to the amended T&C, its sole remedy is to cease use of the Platform and provide written notice of termination to Yield Technologies.

21. General Provisions

• Severability: If any provision of this Agreement is held to be invalid, unlawful, void, or unenforceable by a court of competent jurisdiction, such provision shall be severed, and the remaining provisions shall continue in full force and effect.
• Entire Agreement: This Agreement, together with the Yield Technologies General Terms and Conditions and Privacy Policy, constitutes the entire agreement between Yield Technologies and the Seller with respect to the subject matter hereof, and supersedes all prior negotiations, agreements, representations, or understandings between the parties.
• Waiver: Failure by Yield Technologies to enforce any right or provision of this Agreement shall not constitute a waiver of such right or provision.
• Assignment: The Seller shall not assign, transfer, sub-license, or novate any rights, obligations, or interests under this Agreement without the prior written consent of Yield Technologies. Yield Technologies may assign this Agreement or any rights hereunder to any affiliate or successor entity without prior notice to the Seller.
• Notices: All notices, requests, consents, or other communications under this Agreement shall be sent in writing to the contact details specified herein or as updated from time to time. Notices sent by email to the Seller's registered email address shall be deemed received on the date of sending, provided no delivery failure is received.
• Relationship: This Agreement does not create any employment, agency, partnership, franchise, or joint venture between the parties.
• Headings: Section headings are for convenience only and shall not affect the interpretation of this Agreement.

22. Force Majeure

Yield Technologies shall not be liable for any delay, interruption, suspension, or failure in performance caused by events beyond its reasonable control, including acts of God, natural disasters, war, terrorism, civil unrest, pandemics, cyber-attacks, power failures, banking system failures, UPI/NPCI outages, payment network disruptions, third-party service provider failures, or any regulatory restrictions, directions, or actions of the RBI, NPCI, or other governmental authorities. Yield Technologies's obligations shall remain suspended for the duration of such event.

23. Contact Information

Yield Technologies Private Limited
1st Floor, #1290, 5th Main, 17th Cross, HSR Layout, Bangalore 560102
Website: www.curie.money
Email: support@curie.money

Grievance / Data Protection
Arindam Ghosh
Grievance Officer & Data Protection Officer
Email: support@curie.money
Hours: Mon–Fri, 9 AM IST to 6 PM IST

By completing the Seller onboarding process on the Yield Technologies Platform, you acknowledge that You have read, understood, and agree to be legally bound by these Education Fee Terms and Conditions.

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