Pay via ExportersIndia offers Buyers:
Following are the payment modes that can be offered to your Buyers:
All payments made using Visa, MasterCard , Maestro and Rupay debit cards are accepted here.
It is to be mutually decided by the Buyer and Seller. They need to discuss and finalize as to who bears the shipping charges, taxes, shipping cost and any other government duties. The amount payable through Pay via ExportersIndia will be the net sum or in toto of all the costs and applicable deductions.
This is being clarified the ExportersIndia.com will have no role in reviewing the calculations, bifurcating payments and will only receive the total payment from the Buyer and later transfer the full amount to the Seller after confirmation of delivery is received from the Buyer.
It is very simple and all you need to do is follow these steps
It is a secure gateway with all PCI compliances and all payment details entered by the Buyer are secured. So, that ensures that the Buyer's payment details are safe.
It is also important to note that Pay via ExportersIndia does not save any payment details.
A code is printed on the Debit or Credit Card and is referred to as the Card Verification Value (CVV). It is a secure code and should never be shared with anyone.
For Visa, MasterCard and Diners, CVV is the final three digits of the number printed on the signature strip on the back of the card. CVV is optional for Maestro card.
It is also named as CVV2 or CVC in some banks across India.
An additional layer of security is implemented by VISA and MasterCard for online credit/debit card transactions. Since this password is created by the Card owner so is only available with them. It is a secure code and should never be shared with anyone.
The 3D Secure password for the Credit/Debit card can be registered on the issuing bank's website.
Pay via ExportersIndia offers Sellers:
Following are the payment modes that can be offered to your Buyers:
All payments made using Visa, MasterCard , Maestro and Rupay debit cards are accepted here.
Zero, Nothing at all! This is a FREE service provided by ExportersIndia.com to facilitate both the Buyers and Sellers.
However, there are some transaction charges / fees which User has to pay such as:
Sl.No. | Mode | Rates |
---|---|---|
01 | Credit Card ( Visa, MasterCard,Rupay) | 1.78% |
02 | Debit Card (Visa, MasterCard,Maestro) | 0.40% |
03 | Debit Card (Visa, MasterCard,Maestro) | 0.85% |
04 | Rupay Debit | 0.05% |
05 | Net-Banking (HDFC/ICICI) | 1.55% |
06 | Net-Banking (SBI/Yes) | 1.10% |
07 | Net-Banking (Axis/Kotak) | 1.40% |
08 | Net-Banking (Other) | 1.00% |
09 | Corporate Cards | 1.95% |
10 | Prepaid cards | 1.95% |
11 | Wallets | 1.70% |
12 | UPI | 0.20% |
Note: 18% GST Extra |
All Members registered with ExportersIndia.com who are the Sellers (Manufacturers / Traders / Suppliers) who are paid members will be able to avail this facility wherein they can take the Pay via ExportersIndia service to secure their payments. All you need to do is complete the on-boarding procedure by giving the KYC details and your bank details.
Know Your Customer (KYC) is a procedure to help us on board the Sellers before they start using the Pay via ExportersIndia facility. All you need to share is:
The Sellers will receive the payments in the Bank Account registered with Pay via ExportersIndia as provided in the KYC during on-boarding.
The option to update Bank details would be provided while completing the KYC and it is important to note that KYC details once updated cannot be changed from your end.
The bank account details will remain unchanged once it is updated and verified by the Seller at the time of onboarding for the Pay via ExportersIndia service and cannot be modified at any time in future. So it is important to ensure that the accurate information is provided during onboarding. In case of some unforeseen and exceptional circumstances, the Seller may get in touch with a request for change but its acceptance is solely dependent on ExportersIndia.com
No. This service is only available for Indian Buyers and Sellers.
There is no options for any sort of part payments. The Buyer has to pay the entire amount as settled with the Seller in one go using any of the multiple payment options available in the Pay via ExportersIndia service.
On receipt of the confirmation of delivery from the Buyer, the funds are disbursed within 48 hours or 2 working days.
The business deal and its terms need to be worked out between the Buyer and Seller after necessary verifications, after which the Buyers and Sellers can use Pay via ExportersIndia to complete a secure online payment transaction which will be received by ExportersIndia.com. The Seller then delivers the order placed and will receive the payment within 48 hours or 2 working days once the confirmation of delivery is received from the Buyer.
The registered Sellers have a choice to accept payment either directly from the Buyer or via the Pay via ExportersIndia facility. However, if the Buyer wishes to use the PVEI Services then the Seller will have to agree to the same. The Seller can't deny for accepting the payment through PVEI if any Buyer is requesting for same.
After requisite verification, the finalization of deal should be in a written format that clearly incorporates the terms of business mutually agreed by the Buyer and the Seller.
The invoice is to be shared directly from you, the Seller to the Buyer as well as ExportersIndia.com. The Seller is strongly advised to always incorporate clearly the terms of business in the invoice.
All the details will be shown in your "My Folder" under the "Pay via ExportersIndia" Section.
It is to be mutually decided by the Buyer and Seller. They need to discuss and finalize as to who bears the shipping charges, taxes, shipping cost and any other government duties. The amount payable through Pay via ExportersIndia will be the net sum or in toto of all the costs and applicable deductions.
This is being clarified the ExportersIndia.com will have no role in reviewing the calculations, bifurcating payments and will only receive the total payment from the Buyer and later transfer the full amount to the Seller after confirmation of delivery is received from the Buyer.
The Seller needs to provide an invoice to the Buyer and ExportersIndia.com. On receipt of the delivery confirmation from the Buyer, the payment will be processed to the Sellers account within 48 hours or 2 working days.
The Sellers need to share their bank account information which is required to make the payments directly into the Seller's account.
If the Buyer raises any dispute, the Seller has to provide the Pay via ExportersIndia Dispute Resolution Team with the following to get the dispute settled: