UNIEKART Payment Methods

PAYMENT CYCLE*

 

1. Seller Proceeds shall be remitted to the Seller subject to deductions and withholding under the Agreement on the following basis:

Product(s) delivered to Buyer between

Mutually Agreed Date of intimation of completion of transaction between Seller and the Buyer

Payment Date

1st to 7th Day of every month

17th Day of every month

17th Day of every month

8th to 15th Day of every month

25th Day of every month

25th Day of every month

16th to 23rd Day of every month

3rd Day of next month

3rd Day of next month

24th    to

end of every month

11th Day of next month

11th Day of next month

Seller shall be liable or responsible for bank charges or other costs incurred on account of incomplete or inaccurate information provided by You with respect to your Designated Account.

* To start the payment cycle, all new Sellers registered has to go through the process of getting the first three ordered products accepted and delivered to buyers.