Through our payment gateway provider you can accept credit card from your ecommerce store. A third or second level merchant account is been created through which all the global transactions will be credited into gateway provider acquiring bank account and will, periodically (normally 7 days), be brought down to your bank account
Key Features of Payment GatewayOver ecommerce payment gateway provider accept online payments for e-merchants via two options.
Credit Cards: Over payment gateway provider accepts the following credit cards to full fill your ecommerce website needs Visa, MasterCard, American Express, Diners Club, JCB and Citibank E-Cards. These could be issued in India or anywhere else any part of the world, it does not matter.
Payment gateway provider directly debit of an online bank account in India. We currently support HDFC Bank, Citibank, ICICI infinity, UTI iConnect, IDBI and Centurion Bank customers. Which means that a customer may use his bank account for paying any sub merchant account
PAYMENT CYCLE:Account holder have 12 actual days from the receipt of the orders to capture the order amounts. If a business model demands that you capture the amount at least advance for future delivery i.e. a period beyond 12 days from receipt of the order, and if your buyer is explicitly agreeable to this, then you may do so before the 12th day
Modes of payment to choose from :third level Merchants holding an account with any of the following banks can opt for direct credit to their company or personal accounts with any branch in the India by requesting gateway provider to deposit at Mumbai cheque:- UTI Bank Limited, Citibank, Standard Chartered ANZ Grindlays HDFC Bank Limited, ICICI Bank Limited , , Global Trust Bank, Centurion Bank, ABN Amro Bank, IDBI Bank or any other known bank which allows payment gateway provider to deposit cheques to your current /personal account directly from Mumbai.
Minimum Balance Requirement:On commencement of your account with payment gateway will retain the first Rs 1000/- as a minimum balance requirement for keeping your ecommerce website account in live mode. Subsequently all amount over this will be paid out to your bank account.