Seller listing over 100 unique
items
within 7 days of approval email from our Remittance team.
Item listings in Dutch
(Multiple) Auction will be counted as 1 unique listing.
Must offer Return Policy on all
listings.
Offers appropriate Shipping
cost on items.
Must
describe the item as is with minimum 1 picture of the item.
Retaining
Rapid Remittance Facility:
Maintain minimum active 100
items on your account
Maintain 99% and above feedback
percentage.
Must pay all site invoices
within set timelines.
Must ship and update the valid
Shipping
/ Tracking details next day from the successful payment
notification.
Must provide/update valid shipping
/ tracking number for all items which can be tracked from the
shipping
company website.
Must offer Online (Times of
Money) payment on all the items.
Rapid
Remittance is only valid for the transaction payments done through Online
Payment facility via
our Official Payment Gateway “Times of Money” from the “Times
Group”
Terms
& Conditions
Rapid Remittance Applicable
only for online payments made via “
Times
of Money” payment gateway.
Rapid Remittance limit may vary
from seller to seller and assigning Rapid Remittance limits is at
sole
discretion of Buy n Sell (India).com
Rapid Remittance limit may be
increased, decreased or withdrawn at any point on the sole
discretion of
Buy n Sell (India).com.
If the buyer has not received
the item within the set timelines and reports Goods Not Received
(GNR)
complaint with us, the buyer has an option to apply for refund
claim. In
case the seller has delivered the item, seller will have 4 days to
prove
confirmed item delivery. Buy n Sell (India).com’s decision will be
final, in case of any dispute between the buyer and seller on item
delivery.
Purchase Protection policy will
be applicable for all the buyers who purchase items from sellers
with
Rapid Remittance facility.
Sellers with approved Rapid
Remittance facility will need to intimate any changes in the
Registration details
on their Buy n Sell (India).com
account to the support team via Email or Live Support within 24
hours.
If buyers refund claim is
approved, the buyer’s payment will be adjusted against the seller’s
next
remittance payout (if any) or the seller needs to pay the refunded
amount to
Buy n Sell (India).com within 72 hours from the notification sent
by our
remittance team.
If
buyers refund claim is approved, the seller will need to pay the
refunded amount
plus the “Times of Money” payment gateway charges of 4.42%.
For
example:
(a) If
Buy n Sell (India).com approves the
refund claim for Rs. 1000/- of the buyer, in this case our Remittance
team will
deduct Rs. 1000 plus 4.42% “Times of Money” payment gateway charges from
the
next remittance payout of the seller.
(b) If the seller doesn’t have any
payouts in next remittance cycle, in this case the seller will need to
pay the
refunded amount (In this example: Rs. 1000 plus 4.42% “Times of Money”
payment gateway
charges) to Buy n Sell (India).com within 72 hours from the notification
sent
by our remittance team.
Multiple Goods Not Received (GNR) / Goods Not As Described
(GNAD) claims reported
against your items can lead to withdrawal of Rapid Remittance
facility
from your account till you resolve the GNR / GNAD cases filed
against you.
If a buyer files for chargeback
at any point, the chargeback amount refunded will be recovered from
the
seller’s current remittance.
If item sold amount exceeds the
assigned Rapid Remittance limit on a seller’s account, in that case
the
item payout will not be eligible for Rapid Remittance for that
particular
item and the amount will be remitted as per normal payment
remittance
cycle.
For
example:
(a) If
the assigned limit for a
seller’s account is Rs. 10000/- and the item sells for Rs. 5000/-, in
this case
the payout for this item will be eligible for Rapid Remittance with a
balance
of Rs. 5000/- as Rapid Remittance limit on the seller’s account.
(b) If
the assigned limit for a seller’s
account is Rs. 10000/- and if the item sells for Rs. 15000/-, in this
case the payout
for this item will not be eligible for Rapid Remittance.
Rapid Remittance facility can
be withdrawn on Violating terms on our sole discretion.
An approval
of Rapid Remittance will be sent to the seller with the terms &
conditions
for availing the Rapid Remittance facility which needs to be duly signed
and
return within 48 hours.
In addition to
the
terms and
conditions set out in this document, Buy n Sell (India).com User Agreement
form part
of these terms and conditions.<
Authored
by: Admin
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