Processing and Settlement in Indian Rupees For lndian eMerchants only

• All major credit cards processed
• Direct Debit facility to ten major Bank's accounts
• Verisign 128 bit security and CVM verification
• No Merchant Account /Special Bank Account necessary
• Works with any shopping cart.
• Free Auction Collection Service through Email
• Free Bill Collection Service through Email
• Free Virtual Terminal
• No Chargeback fees
• Cutting edge M.A.R.S. merchant accounting module
• Cost-effective pricing
• Quick and Convenient payout options.
• All Major International and Indian Credit cards Processed.
• Our Payment Gateway ALSO processes credit cards" Valid only in India & Nepal"
• Indian Customers can also pay through their Indian bank accounts.
• No Merchant account or Special Bank Account Necessary.
• Works with any shopping cart.
• Quick & Easy Integration with our Payment Gateway.
• Payment Gateway is VeriSign 128 bit Secure.
• Our Payment Gateway Offers 'Authorize & Capture' and other facilities.
• 'Transaction Not Authorized' charge back liability is now history.
• Payment Gateway Comparative Analysis

We accept online payments for e-merchants via two independent options.

(a) Credit Cards: We accept the following credit cards. Visa, Mastercard, American Express, Diners Club, JCB and Citibank E-Cards. These could be issued in India or anywhere else in the world, it really does not matter. If a sub merchant has signed up under our economy scheme he gets Rs 93/- in hand for every Rs 100/- worth of his transaction, done on a credit card by his customer. If a sub merchant has signed up under our premium scheme he gets Rs 95/- in hand for every Rs 100/-, worth of his transaction done on a credit card by his customer. Nothing more is payable by the sub merchant in both instances.

(b) Through a direct 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. When a merchant receives payment through this route he gets Rs 96/- for every Rs 100/- worth of transaction done by his customer, irrespective of the type of scheme he has subscribed to i.e. economy or premium. Nothing more is payable by the sub merchant.

There is no question of any clubbing of the two, both are counted as two separate transactions. To get your payments you need to "capture " your transaction from the accounting module. When a transaction is successful from the payment gateway this is reflected in your account with in pending mode. You as the merchant will have to log-in to your account and mark the transaction as shipped / executed and entering relevant data.

You have 12 days from the receipt of the orders to execute and capture the order amounts. If your business model demands that you capture the amount in advance for future delivery i.e. a period beyond 12 days from receipt of the order, and your customer is explicitly agreeable to this, then you may do so before the 12th day. Orders not captured will not be reflected in your account after this.

Orders can be accessed by logging into your Account with the username and password registered on sign-up.

All orders shipped/executed until Thursday midnight IST are processed for payment the following day. Transactions are then paid-out to your designated bank account by depositing cheques in Mumbai to your bank account(if your bank permits it) or by sending you a Citibank at par cheque, encashable in your city, by courier to reach you no later than the next Monday or Tuesday.

(a) Sub-Merchants holding an account with the following banks can opt for direct credit to their accounts with any branch in the country by requesting us to deposit a Mumbai cheque:- HDFC Bank Limited, ICICI Bank Limited , UTI Bank Limited, Citibank, Standard Chartered ANZ Grindlays, Global Trust Bank, Centurion Bank, ABN Amro Bank, IDBI Bank and any other bank which allows us to deposit cheques to your current /personal account directly from Mumbai.

OR

(b) Citibank at par cheque payable as a local cheque in your city dispatched on Friday evening by courier.

On commencement of the account will retain the first Rs 1000/- as a minimum balance requirement for keeping your account in live mode, in the same way as a bank account operates. Subsequently all and any amount over this will automatically get paid out.

• Set Up fee is a one time fee only.
• Facility to upgrade from economy scheme to premium scheme by paying the difference in set up fees. No changes to be made at your end.
• Shopping Cart and other services available to both schemes.
• Both Schemes to have access to complete online Sub Merchant Account Management , with a central reporting facility on every transaction. This includes reports on sales, credits, voids Œ to support non-repudiation, balancing, portal settlement reporting, processor settlement reporting and other back office functions.
• Visibility into transaction level information is protected by passwords