Payment collection from International Buyers of IndiaMart

For sellers, IndiaMart has enabled collection of Payment from International Buyers.
Mentioned below are the answers to some of the frequently asked questions:

How can I collect Payments from International Buyers in IndiaMART ?

IndiaMART has partnered with Tazapay to enable collection of International Payments for our Paid Sellers.

Tazapay on IndiaMART is an International Payment Platform through which IndiaMART Exporters can accept Payment from International Buyers by sharing the Payment Link.

Tazapay Protects Both Buyer and Seller in transaction making it 100% Risk-Free.

Step 1: Login to https://seller.indiamart.com/

Step 2: Click on ‘Collect Payments’ Option.

Step 3: Click on ‘Collect Export Payment’ Tab.

Step 4: Enter the currency and amount along with Buyer details in “Collect Export Payment”.

Step 5: Copy and share the Payment link generated to Buyer via email, chat, WhatsApp.

Step 6: Upload the proof of shipment on Tazapay Dashboard:- https://app.tazapay.com/signin and you will receive funds in your bank account within 48 hours.

Note: Proof of shipment may include an air waybill or bill of lading, packing list, commercial invoice, and certificate of origin.

Please click on https://www.indiamart.com/international-payments/ to know more.

For any further queries, do reach out to InternationalPayments@indiamart.com or call +91 80-4876-7580

Why should I collect International payments on IndiaMART?
  1. 100 % Payment Protection – Help Build Trust with Foreign Buyers
  2. Best FX Rates and Low Transaction Fees
  3. Avoid Non-Payment Risks from your overseas Client
  4. Secure Full amount from Buyer with Tazapay before shipping
  5. Simple Process for Buyer also to pay without any Hassle
How much does it cost?

Transaction fee is fixed at 1.8% (3% for Pharmaceutical Sellers) of the complete amount or USD 250 whichever is lower.

Transaction fee will be deducted from the Total Amount Received from the buyer and then will be transferred to Seller’s Bank Account.

Please note if a Seller opts for settlement in USD, an additional $15 Payout charges will be levied once per week on Payout day.  No additional charges
will be levied if a Seller has opted for settlements in INR.

What do I need for KYC?

Once you generate the link, The Tazapay team will approach you for KYC documents and bank account details.

Who can use these services?

All IndiaMART Paid Sellers with IEC.

Which mode a buyer can use to make a payment with Tazapay?

Depending on Buyer’s country, Payment can be done using the following payment methods:

  • Local bank transfers
  • Credit/debit cards
  • QR codes
  • e-Wallets

How will I receive the payment in my account?

Once Buyer transfers the money to Tazapay, You will have to upload proof of shipment in your Tazapay dashboard – https://app.tazapay.com/signin. 

Credentials to Login in Tazapay Dashboard will be shared by Tazapay over mail. You will receive funds in your bank account within 48 hrs.

Proof of shipment may include an air waybill or bill of lading, packing list, commercial invoice, and certificate of origin.

Can an Indian Buyer make payment using International Payments Service on IndiaMART ?

No, Tazapay on IndiaMART supports only International payment. You can use “Pay with Indiamart” to collect Indian Payments.

How much time does it take to get the payment credited in my account?

After you upload the proof of shipment. Payment will be transferred to your bank account within 48 hrs.

What is the limit for collecting International payments?

There is no limit to accepting International payments.

Where can I see Payment done by the buyer ?

Login to your Tazapay Dashboard-: https://app.tazapay.com/signin to know your payment status. You will also receive Confirmation Email when Buyer pays using your shared link.

What can I do when a buyer raises a dispute?

Seller can connect to his buyer and resolve his issue. In case both the parties fail to reach an agreement, kindly contact Tazapay Support.

You can contact customer service at askus@tazapay.com




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