Welcome to PaySmart, a division of ThinkSmart Information Systems and Security CC (“ThinkSmart”, “we” or “us”), a company incorporated in the Republic of South Africa. The PaySmart system is a web-based credit card payment manager for merchant customers of the Mauritius Commercial Bank (“MCB”).

The PaySmart web application service and related components are built, owned and operated by ThinkSmart.

By logging in to the PaySmart system, you agree that:

1. the information you provided during your application for the service is correct.
2. all access passwords supplied to you or your company shall be kept secret and that users will not share accounts and passwords (additional user accounts can be created at no cost).
3. you accept responsibility if your account should be compromised due to you sharing your credentials with someone else, leaving your web browser unattended while logged in to the PaySmart system or any other negligent action on your part.
4. your account may be suspended at any time should PaySmart have reason to believe that you are abusing the PaySmart system in any way.
5. you will notify PaySmart if you believe that there has been a breach or attempted breach of PaySmart’s security systems;
6. PaySmart reserves the right to take whatever action it may deem necessary at any time to preserve the security and reliable operation of its information systems.
7. your use of the PaySmart system is at your own risk - PaySmart will not be liable for any loss or damages (including consequential, direct, indirect, special, punitive or incidental damages) arising from:
   • any defect or fault in your hardware and/or software; or
   • any failure or fault in connectivity to the Internet; or
   • the unavailability of the PaySmart system for any reason whatsoever; or
   • any failure on the part of PaySmart to carry out instructions given online under circumstances where such failure is the result of a cause beyond PaySmart's control.
8. PaySmart acts as an intermediary between the merchant and MCB’s online credit card processing provider, the MasterCard Internet Gateway Service (MIGS). PaySmart processes transactions in good faith. PaySmart does not guarantee the correctness of information provided to the system and can in no way be held liable for the consequences of the processing of such information. Any dispute regarding a transaction shall be deemed to be a dispute between the merchant and MCB.

These terms were last revised on the 9th of February 2010.