Wallets (Ola, MobiKwik, FreeCharge) - 2% + INR 3 Digital Products hosted on Instamojo - 5% + INR 3Ĥ. This transaction fee is a flat 2% + INR 3 across credit cards, debit cards, and net banking except for the following cases:ģ. The exact break up of the Instamojo Fee and GST is given below.Īmount paid out to your bank account: 1000 - (23 + 4.14) = INR 972.86 The normal transaction fee at Instamojo is 2% of the amount + ₹ 3 per transaction excluding GST.įor example: if someone pays you ₹ 1000, you'll receive ₹ 972.86 in your bank account. Every transaction accounts to a fee that is charged from the corresponding bank.įor every transaction, there is a nominal fee that is charged to you. When someone pays you on Instamojo, a transaction is initiated. How do I get my Client ID and Client Secret?
Please visit the 'Resolution Center' on your dashboard to communicate with the buyer and resolve the issue. Refund/Chargeback - Your payouts could be kept on hold due to a refund/chargeback filed by one of your customers. This also ensures that the payments processed by Instamojo are in good faith and are compliant to our Terms of Services.
#PAID INVOICE GENERATOR VERIFICATION#
Through this verification process, we attempt to protect both buyers and sellers from fraudulent activity.
They will reach out to you for a proof of service/delivery. Proof of Delivery/Service - For the first few transactions, your payouts could be kept on hold for our compliance team to verify the transactions. Please check your email for communication from us:īank Holiday - If a bank holiday falls on the day of the payout, it will be transferred on the next business day. If it's been more than 3 days and haven't heard received an email from us, please reach out to us at payouts could be on hold any of these reasons.
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