Welcome to Shronix Technology

Shronix Technology is a technology-driven corporate payout service provider, offering secure, controlled and compliant payout processing solutions for businesses across India.

We help corporates manage bulk payouts, vendor payments, salary disbursements, refunds and operational transfers through a structured software-driven workflow.

How Our Payout System Works

Corporate clients deposit funds into the Shronix Technology account. Payout requests are submitted via secure software login or API integration.

Clients can add beneficiaries, initiate transfers and view ledger wallet reports. Payouts are processed either manually by our team or automatically using integrated payout APIs based on operational availability.

Key Platform Features

• Dedicated software login with role-based access
• Ledger wallet view for full fund transparency
• Beneficiary management system
• Manual and API-based payout options
• Bulk upload and scheduled payout execution
• Operational payout window: 8:00 AM to 10:00 PM

Who Can Use Our Services

Our services are exclusively designed for verified corporate entities including registered companies, LLPs, partnerships and established businesses requiring structured payout operations.

Operational & Compliance Note

Shronix Technology acts strictly as a service and technology facilitator. Client funds remain client-controlled, and payouts are executed only based on explicit instructions received through authorized systems.

About Us

Shronix Technology is a GST registered technology firm (GST: 08AXFPK7917C2ZG) headquartered in Jaipur, Rajasthan, India. We specialize in providing secure, technology-driven payout processing solutions exclusively for corporate and business clients.

Our role is to act as a payout facilitation and technology service provider, enabling businesses to distribute funds to their beneficiaries in an organized, transparent, and efficient manner using software-based workflows.

Clients deposit funds into designated accounts, and payout requests are initiated through secure software login or API integration. Based on operational requirements, payouts are processed either manually by authorized staff or through integrated third-party payout APIs.

We do not accept retail customers and do not provide services to individuals. All services are offered strictly on a B2B (Business-to-Business) basis for companies, startups, enterprises, and registered organizations.

Transparency is central to our operations. Clients are provided access to a ledger-based reporting system where deposited funds, payout requests, processed transactions, and remaining balances are clearly visible in real time.

Our payout operations are conducted within defined working hours (8:00 AM to 10:00 PM) and are designed to align with applicable banking practices, compliance requirements, and internal risk management controls.

By combining technology, operational discipline, and compliance awareness, Shronix Technology aims to be a reliable payout support partner for businesses seeking scalable and controlled fund disbursement solutions across India.

Our Services

Shronix Technology provides technology-driven payout facilitation services exclusively for corporate and business clients. Our services are designed to help businesses manage their fund disbursement operations in a controlled, transparent, and process-driven manner.

• Corporate Bulk Payout Processing
  Secure processing of bulk payouts to vendors, employees, partners, agents, and service providers based on client-approved instructions.
• API Based Payout Integration
  Seamless API integration for automated payout requests directly from the client’s system to our payout processing platform.
• Manual Payout Processing
  Manual payout execution through authorized staff based on verified requests received via software login or approved bulk files.
• Beneficiary Management Support
  Facility to add, validate, and manage beneficiary details such as bank account, IFSC, and UPI information within the client dashboard.
• Ledger & Transaction Reports
  Real-time ledger visibility showing credited funds, utilized payouts, pending balances, and detailed transaction reports for reconciliation.
• Defined Processing Window
  Payout execution is available during predefined operational hours (08:00 AM to 10:00 PM) to ensure controlled and monitored transactions.
• Risk-Controlled Operations
  Internal checks including client onboarding verification, transaction monitoring, and restricted access controls to reduce operational risk.

Our services are offered strictly on a B2B basis and are governed by contractual agreements, defined workflows, and client authorizations.

Disclaimer:
Shronix Technology does not accept public deposits, does not operate as a bank, NBFC, payment aggregator, or wallet provider. All payouts are processed solely based on client instructions and available credited balances.

How It Works

Our payout processing model is designed exclusively for corporate clients, ensuring transparency, control, and compliance at every step. Shronix Technology acts strictly as a technology-enabled payout facilitator.

1. Client Fund Transfer:
   The corporate client transfers funds to the designated bank account of Shronix Technology for payout execution purposes only.
2. Access to Software / API:
   The client is provided with a secure software login or API credentials, through which payout requests are initiated.
3. Beneficiary Management:
   Clients add and manage beneficiaries directly within the system. All beneficiary details are maintained under client control.
4. Payout Request Submission:
   Payout requests are submitted either:
   • Through the software dashboard (manual submission), or
   • Via API integration for automated payout processing.
5. Processing Mode Selection:
   Based on operational availability, payouts are processed:
   • Manually by authorized staff, or
   • Automatically through API integration with approved partners (AZZUNIQUE SOFTWARE PRIVATE LIMITED / Shronix Technology Private Limited).
6. Defined Processing Window:
   Payouts are executed only within the operational window between 8:00 AM to 10:00 PM.
7. Execution & Settlement:
   Approved payout instructions are processed and transferred to the respective beneficiaries as per the client request.
8. Ledger & Reporting:
   All transactions are reflected in real-time ledger reports, providing complete visibility of credits, debits, and balances.

Important Clarification:
Any unutilized balance remaining in the account is fully client-controlled. Shronix Technology does not hold, lock, or utilize client funds on its own discretion.

Regulatory Note:
We do not accept public deposits, do not offer wallet services, and do not function as a bank, NBFC, or payment aggregator. All services are provided strictly on a B2B basis.

Industries We Serve

Shronix Technology provides payout processing and transaction facilitation services exclusively for verified business entities. Our solutions are designed to support industries that require frequent, bulk, and time-bound payouts with high accuracy, transparency, and compliance.

We do not serve individuals or the general public. Our services are strictly limited to corporate, professional, and business use-cases where payouts are part of routine operational workflows.

Note: All clients are onboarded only after internal due diligence, documentation verification, and acceptance of service terms. Shronix Technology does not provide payout services for personal use, investment schemes, or public fund collection activities.

Compliance & Legal

Shronix Technology operates as a technology-enabled payout processing service provider for corporate clients across India. Our role is limited to facilitating payout execution based on client instructions received through authorized software login or API integration.

Nature of Business:
We act solely as a service intermediary. We do not accept public deposits, do not provide lending services, and do not operate any wallet, prepaid instrument, or banking system.

Regulatory Position:
Shronix Technology is not registered as an NBFC and does not fall under the definition of a Payment System Operator (PSO) or Prepaid Payment Instrument (PPI) issuer. All fund movements are executed through regulated banking channels only.

RBI Alignment:
Our operations are aligned with applicable RBI guidelines relevant to technology service providers, payment facilitators, and outsourcing arrangements. We work only with verified corporate clients and regulated banking partners / API service providers.

AML & KYC Compliance:
We follow strict internal AML (Anti-Money Laundering) and KYC policies. Every corporate client is onboarded only after completion of due diligence, documentation verification, and risk assessment.

Client Funds Handling:
Any funds transferred by the client remain under client control and are used only for executing payout instructions. Unutilized balances are not treated as deposits and remain available for client-initiated payouts or refunds as per agreed terms.

Third-Party API Usage:
Where required, payouts may be processed through authorized third-party API partners such as AZZUNIQUE SOFTWARE PRIVATE LIMITED or Shronix Technology Private Limited. These services are used strictly for operational execution and not for fund pooling.

Risk & Misuse Prevention:
We reserve the right to pause or review any transaction that appears suspicious, non-compliant, or inconsistent with declared business activity, in order to comply with legal and regulatory obligations.

Safe Statement:
Shronix Technology functions purely as a technology and service provider. We do not represent ourselves as a bank, financial institution, NBFC, or payment wallet provider under any circumstances.

Risk & Misuse Prevention Policy

Shronix Technology is committed to maintaining the highest standards of integrity, transparency, and lawful conduct in all payout processing activities. This Risk & Misuse Prevention Policy defines the safeguards implemented to prevent misuse of our platform, software, APIs, and services.

1. Prohibited Activities

Our services must not be used for any activity that is illegal, unethical, or prohibited under Indian law. The following activities are strictly forbidden:

• Fraud, money laundering, or financial misrepresentation
• Gambling, betting, lottery, or gaming-related payouts
• Cryptocurrency, virtual assets, or unregulated digital tokens
• Shell companies, benami transactions, or layering of funds
• Adult content, pornography, or obscene services
• Terror financing or activities linked to banned organizations

2. Client Due Diligence

All clients are onboarded only after basic due diligence, including verification of business identity, nature of business, and intended payout usage. We reserve the right to request additional documents whenever required.

3. Transaction Monitoring

Transactions processed through our software or API integrations are subject to monitoring for unusual patterns, abnormal volumes, or suspicious behavior. This includes frequency, amount, beneficiary patterns, and timing analysis.

4. Right to Suspend or Terminate

Shronix Technology reserves the right to temporarily suspend or permanently terminate services if:

• Misuse or suspicious activity is detected
• False or misleading information is provided by the client
• Regulatory, legal, or law enforcement concerns arise
• Client activity poses reputational or compliance risk

5. No Liability for Client Misconduct

Shronix Technology acts strictly as a technology-enabled service provider. The client remains solely responsible for the legality, correctness, and authorization of all payout instructions submitted through the platform.

6. Cooperation with Authorities

We fully cooperate with lawful requests from banks, regulators, and government authorities as per applicable laws. Relevant transaction data may be shared when legally required.

Important Notice:

Shronix Technology does not guarantee uninterrupted services in cases where risk mitigation, compliance checks, or preventive actions are necessary to safeguard the platform, partners, or regulatory alignment.

Terms & Conditions

These Terms & Conditions govern the use of payout processing services provided by Shronix Technology to its corporate clients. By using our services, the client agrees to comply with all applicable laws, regulations, and these terms.

1. Eligibility

Our services are strictly available to registered corporate entities, proprietorships, partnerships, LLPs, and companies. We do not provide services to individuals, unregistered entities, or the general public.

2. Scope of Services

Shronix Technology acts as a technology-enabled payout processing facilitator. We provide software access, API integration, and operational support to process payouts as per client instructions.

3. Client Authorization

All payout requests submitted via software login or API are deemed to be authorized by the client. The client is solely responsible for the accuracy of beneficiary details, amounts, and purpose of transactions.

4. Processing Timelines

Payout processing is carried out during operational hours (8:00 AM to 10:00 PM). Requests received outside this window may be processed on the next working cycle.

5. Unutilized Balance

Any unutilized balance lying in the designated account remains under the control of the client. Such balance is not treated as a deposit, wallet balance, or stored value by Shronix Technology.

6. Third-Party Dependencies

Certain services may be processed through authorized third-party service providers or API partners. Shronix Technology is not responsible for delays, failures, or downtime caused by banking systems or third-party platforms.

7. Prohibited Activities

Clients must not use our services for any illegal, prohibited, or restricted activities including but not limited to fraud, money laundering, gambling, betting, cryptocurrency trading, or activities restricted under Indian law.

8. Compliance & Monitoring

We reserve the right to monitor transactions and request supporting documents. Services may be suspended or terminated if suspicious, non-compliant, or unlawful activity is detected.

9. Limitation of Liability

Shronix Technology shall not be liable for indirect losses, business interruptions, or delays caused due to banking networks, regulatory actions, or third-party service providers.

10. Amendments

These Terms & Conditions may be updated periodically. Continued use of services after updates constitutes acceptance of the revised terms.

Final Note: Shronix Technology operates strictly as a service provider and does not function as a bank, NBFC, wallet, or payment system operator.

Risk & Misuse Prevention Policy

Shronix Technology follows a strict Risk & Misuse Prevention Policy to ensure that our payout facilitation services are used only for legitimate and lawful business purposes.

Our services are provided exclusively to verified corporate clients after completion of necessary KYC, due diligence, and business validation.

Prohibited Activities

Clients are strictly prohibited from using our platform or services for any illegal, unethical, or high-risk activities, including but not limited to:

• Fraud, money laundering, or financial manipulation
• Gambling, betting, or lottery-related payouts
• Cryptocurrency trading, exchanges, or virtual asset payouts
• Ponzi schemes, MLM schemes without legal approvals
• Any activity violating Indian laws or RBI guidelines

Monitoring & Control

We actively monitor transaction patterns, payout behavior, and beneficiary activities. Any unusual, suspicious, or non-compliant activity may trigger enhanced scrutiny.

Shronix Technology reserves the right to temporarily suspend or permanently terminate services if misuse, policy violation, or regulatory risk is identified.

In case of suspected illegal activity, we may cooperate with banks, regulators, and law enforcement agencies as required by law.

Note: Our objective is to maintain a safe, compliant, and sustainable payout ecosystem for all legitimate businesses.

Privacy Policy

Shronix Technology is committed to protecting the privacy and confidentiality of its corporate clients and their transaction data.

Information Collection

We collect only such information that is necessary for:

• Client onboarding and verification
• Payout processing and ledger reporting
• Regulatory compliance and risk management

Data Usage & Security

All transaction data, API credentials, and client information are handled using secure systems and reasonable technical safeguards to prevent unauthorized access.

Access to sensitive data is restricted strictly on a need-to-know basis within the organization.

Data Sharing

We do not sell, rent, or trade any personal or business data. Information may be shared only with:

• Banking partners for payout execution
• Third-party API providers involved in service delivery
• Regulatory or legal authorities when legally required

By using our services, clients consent to data handling practices as described in this Privacy Policy.

Refund & Settlement Policy

Shronix Technology operates strictly as a technology-enabled payout processing service provider for corporate clients. This Refund & Settlement Policy explains how unused balances, failed transactions, and settlements are handled.

No Interest Policy

Shronix Technology does not provide any interest, return, or earnings on funds deposited by clients. Any balance lying in the designated account is solely for the purpose of executing payout instructions provided by the client.

Client-Controlled Funds

Any unutilized or remaining balance in the account remains fully under the control of the client. Funds are retained only due to client-driven payout schedules or pending payout instructions, and not due to any restriction imposed by Shronix Technology.

Settlement Process

Settlements or refunds, if required, are processed strictly based on written instructions received from the authorized representative of the client. Shronix Technology does not initiate settlements without explicit client approval.

Failed or Reversed Transactions

In case of failed, reversed, or returned transactions due to banking, beneficiary, or third-party issues, the corresponding amount is reflected back in the client ledger. Reprocessing or settlement will be carried out as per client instructions.

Processing Timelines

All refunds and settlements are subject to banking channels, third-party payout partners, and operational timelines. Delays caused by banks, holidays, technical issues, or intermediary service providers are beyond the direct control of Shronix Technology.

No Cash Refunds

Shronix Technology does not process any cash refunds. All settlements or refunds, if applicable, are processed only through banking channels to the registered client account.

Disclaimer

Shronix Technology does not function as a wallet, escrow service, NBFC, or financial institution. All services are provided strictly on a service-provider basis for payout facilitation.

Contact Us

We welcome corporate inquiries related to payout processing solutions, API integrations, and managed disbursement services. Our team is available to assist businesses with onboarding, compliance clarification, and technical support.

Please note that our services are strictly available for verified corporate entities. Individual or public requests are not entertained.

• Registered Office:
  P No 1 A, Opposite Kardhani Petrol Pump,
  Gokul Nagar, Kalwad Road,
  Jaipur – 302012, Rajasthan, India
• Email:
  shronixtechnology@gmail.com
• Contact Number:
  +91 88753 71436
• Business Hours:
  Monday to Saturday
  11:00 AM – 06:00 PM (IST)

Support Note:
For faster assistance, corporate clients are requested to email us from their official domain email ID along with a brief description of their business use-case.

Any communication received outside working hours will be addressed on the next business day.