📋 Terms & Conditions

Effective Date: October 18, 2025

Please read these Terms and Conditions carefully before using the Money Wave application and services.

1. Acceptance of Terms

By accessing and using Money Wave, you accept and agree to be bound by these Terms and Conditions. If you do not agree to these terms, please do not use our services.

2. Eligibility

To use Money Wave, you must:

• Be a current college or university student
• Be at least 18 years of age
• Have a valid bank account in your name
• Provide accurate and truthful information during registration
• Comply with all applicable laws in your jurisdiction

3. User Account

You are responsible for:

• Maintaining the confidentiality of your account credentials
• All activities that occur under your account
• Notifying us immediately of any unauthorized use
• Ensuring your account information is accurate and up-to-date

4. Payment Terms

The Money Wave service requires a one-time payment of ₹100. This payment:

• Grants lifetime access to all study materials
• Activates your referral earning capabilities
• Is non-transferable to another person
• May be refundable under conditions stated in our Refund Policy

5. Referral & Earning System

5.1 Earning Structure

You can earn through two methods:

• Quick Rewards: Milestone-based earnings for direct referrals
• Team Growth: Multi-level earnings from your network (up to 5 levels)

5.2 Earning Rules

All referrals must be genuine. The following are strictly prohibited:

• Creating fake accounts
• Using automated bots or scripts
• Spam or unsolicited marketing
• Misleading or false advertising
• Any form of fraudulent activity

5.3 Withdrawal Terms

• Minimum withdrawal amount: ₹100
• Processing time: 2-3 business days
• Withdrawals made only to verified bank accounts
• We reserve the right to verify account activity before processing withdrawals

6. Study Content

All educational content provided through Money Wave:

• Is for personal use only and cannot be redistributed
• Remains the intellectual property of Money Wave
• Should not be reproduced, copied, or shared outside the app
• Is provided "as-is" without guarantees of exam success

7. Prohibited Activities

You agree NOT to:

• Use the service for any illegal purpose
• Attempt to hack, reverse engineer, or compromise the app
• Share your account with others
• Misrepresent yourself or provide false information
• Harass, abuse, or harm other users
• Interfere with the proper functioning of the service

8. Account Termination

We reserve the right to suspend or terminate your account if:

• You violate these Terms and Conditions
• We detect fraudulent activity
• You engage in prohibited activities
• Required by law or regulatory authorities

9. Limitation of Liability

Money Wave and its owners shall not be liable for:

• Any indirect, incidental, or consequential damages
• Loss of profits or earnings
• Technical failures or service interruptions
• Unauthorized access to your account due to your negligence
• Exam performance or academic results

10. Modifications

We reserve the right to modify these Terms and Conditions at any time. Changes will be effective immediately upon posting. Continued use of the service after changes constitutes acceptance of the new terms.

11. Governing Law

These Terms shall be governed by and construed in accordance with the laws of India. Any disputes shall be subject to the exclusive jurisdiction of courts in India.

🔒 Privacy Policy

Effective Date: October 18, 2025

At Money Wave, we take your privacy seriously. This Privacy Policy explains how we collect, use, and protect your personal information.

1. Information We Collect

1.1 Information You Provide

• Account Information: Name, email address, phone number, date of birth
• Educational Details: College name, course, year of study
• Financial Information: Bank account details for withdrawals
• Payment Information: Transaction history and payment details
• Profile Information: Optional profile picture and bio

1.2 Information Automatically Collected

• Device Information: Device type, operating system, unique device identifiers
• Usage Data: App features used, time spent, content accessed
• Log Data: IP address, browser type, access times
• Location Data: Approximate location based on IP address (not GPS)

2. How We Use Your Information

We use collected information to:

• Provide and maintain our services
• Process your payments and withdrawals
• Track referrals and calculate earnings
• Send important updates and notifications
• Improve and personalize your experience
• Prevent fraud and ensure security
• Comply with legal obligations
• Respond to your support requests
• Analyze usage patterns to enhance our app

3. Information Sharing

3.1 We DO NOT sell your personal information

Your privacy is paramount. We will never sell, rent, or trade your personal information to third parties for marketing purposes.

3.2 We may share information with:

• Service Providers: Payment processors, cloud hosting, analytics services (under strict confidentiality agreements)
• Legal Requirements: When required by law, court order, or government request
• Business Transfers: In case of merger, acquisition, or sale of assets
• With Your Consent: When you explicitly authorize us to share information

4. Data Security

We implement industry-standard security measures to protect your information:

• SSL/TLS encryption for data transmission
• Encrypted storage of sensitive information
• Regular security audits and updates
• Access controls and authentication
• Secure payment gateways
• Regular backup and disaster recovery procedures

5. Your Rights

You have the right to:

• Access: Request a copy of your personal data
• Correction: Update or correct inaccurate information
• Deletion: Request deletion of your account and data
• Portability: Receive your data in a structured format
• Opt-out: Unsubscribe from marketing communications
• Restrict Processing: Limit how we use your data

6. Data Retention

We retain your information for as long as your account is active or as needed to provide services. After account deletion, we may retain certain information for:

• Legal compliance (typically 7 years for financial records)
• Dispute resolution
• Fraud prevention
• Enforcing our agreements

7. Cookies and Tracking

We use cookies and similar technologies to:

• Remember your preferences and settings
• Keep you signed in
• Analyze how you use our services
• Improve performance and functionality

You can control cookies through your browser settings, but this may affect app functionality.

8. Third-Party Links

Our app may contain links to third-party websites or services. We are not responsible for their privacy practices. Please review their privacy policies before providing any information.

9. Children's Privacy

Money Wave is intended for users aged 18 and above. We do not knowingly collect information from children under 18. If we discover such information, we will delete it immediately.

10. Changes to Privacy Policy

We may update this Privacy Policy periodically. We will notify you of significant changes via email or in-app notification. Your continued use after changes indicates acceptance.

11. Contact Us

For privacy-related questions or to exercise your rights, contact us at:

💰 Refund Policy

Effective Date: October 18, 2025

Money Wave is committed to your satisfaction. We offer a transparent and fair refund policy to ensure you feel confident in your investment.

1. 100% Money-Back Guarantee

2. Refund Eligibility

2.1 You are eligible for a refund if:

• You have been an active user for at least 3 consecutive months
• You have not received any successful referrals during this period
• Your account is in good standing (no violations of Terms)
• You have made genuine efforts to share your referral code
• You request the refund within 6 months of registration

2.2 You are NOT eligible for a refund if:

• You have received any referral earnings (even ₹1)
• Your account has been suspended for policy violations
• You have already withdrawn any earnings
• You have received bonus rewards
• More than 6 months have passed since registration
• You created multiple accounts to exploit the system

3. How to Request a Refund

Follow these simple steps:

1. Open the Money Wave app and go to Settings
2. Select "Request Refund" from the menu
3. Fill out the refund request form with:
   • Your registered email and phone number
   • Reason for refund request
   • Bank account details (same as registered)
4. Submit the form
5. Wait for our team to review (typically 5-7 business days)

Alternative Method: Send an email to refunds@moneywave.org with subject "Refund Request - [Your User ID]" and include the same information.

4. Refund Processing

4.1 Review Process

• Our team will review your request within 5-7 business days
• We may verify your account activity and referral history
• You'll receive an email notification about the decision
• If approved, refund will be initiated immediately

4.2 Refund Timeline

• Bank Transfer: 3-5 business days after approval
• UPI: 1-2 business days after approval
• Original Payment Method: 5-7 business days (if different from bank transfer)

4.3 Refund Amount

If eligible, you will receive:

• Full ₹100 registration fee
• Refunded to the same bank account you registered with
• No deductions or processing fees

5. Post-Refund Account Status

After receiving a refund:

• Your account will be permanently deactivated
• You will lose access to all study materials
• Your referral code will be invalidated
• You cannot re-register with the same details
• Any pending earnings will be forfeited

6. Partial Refunds

We do not offer partial refunds. Our policy is all-or-nothing:

• If you've earned anything, you keep your earnings but forfeit refund eligibility
• If you haven't earned anything in 3 months, you get a full refund

7. Technical Issues

If you're unable to use the app due to technical problems:

• Contact support immediately at support@moneywave.org
• We'll troubleshoot and resolve the issue
• If unresolvable within 14 days, you may be eligible for a refund
• Technical refunds are evaluated on a case-by-case basis

8. Duplicate Payments

If you were charged multiple times by mistake:

• Contact us within 30 days with transaction details
• We'll verify the duplicate payment
• Excess amount will be refunded within 7 business days
• Your account will remain active

9. Withdrawal vs. Refund

Understand the difference:

10. Disputes

If your refund request is denied and you disagree:

• Reply to the denial email with your concerns
• Provide additional evidence if available
• Our senior team will review within 3-5 business days
• The final decision will be communicated via email
• All decisions by Money Wave management are final

11. Exceptional Circumstances

We may consider refunds outside our standard policy for:

• Medical emergencies with supporting documentation
• Prolonged service outages caused by us
• Significant changes to our terms that disadvantage you
• Other extraordinary situations at our discretion

12. Fraudulent Refund Requests

13. Currency & Taxes

• All refunds are processed in Indian Rupees (₹)
• Refund amount: ₹100 (exact amount you paid)
• No currency conversion fees
• Users are responsible for any applicable taxes

14. Contact for Refunds

15. Policy Updates

We reserve the right to modify this Refund Policy at any time. Changes will be effective immediately upon posting. We'll notify users of significant changes via email or in-app notification.