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Afternic gives no update on payment status

Located in Domain Marketplace Reviews, started by andNames, May 30, 2018

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  1. VaibhavA

    VaibhavA Top Contributor VIP

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    I always use wire (For India), whether it be Godaddy or Afternic.

    I am not sure bt eCheck.

    By wire i get paid in my bank in India precisely like this.

    Suppose a 500$ sale. Minus 20% commission. That leaves 400$. Less 5$(One time processing fee, whether it be 1 domain in a day or multiple). That leaves 395$. Less 4% currency conversion (They claim 3% on their website but I have calculated and it comes down to 4% exactly (Maybe bank buying selling rate difference)).

    500-20% = 400-5 = 395-4% = 379.2 * 67 (Current $ Rate) = 25,406 INR

    Let us know, what you receive via eCheck.
     
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  2. alcy

    alcy Top Contributor VIP

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    gd takes a ridiculous 21days to pay..and they related..so expect no less
     
  3. andNames

    andNames Shailendra Mishra VIP ★★★★★★★★★★

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    Have you registered for GST? Have you sumitted LoU?
    I am going to register for composite scheme, but lets discuss that is a separate thread.
     
  4. andNames

    andNames Shailendra Mishra VIP ★★★★★★★★★★

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    Paypal to card? You mean paypal to bank right? or is there something I know of?
     
  5. nitg16

    nitg16 DNDiary.com VIP

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    All my sales are pre-GST. I will now just avoid getting paid in INR. LoU is only needed if you want to claim input credit.

    Only Godaddy charges GST. All other registrars I deal with don't have offices in India, so I can live with it.

    Getting pretty off-topic, so lets end it here.
     
  6. Nav bundhoo

    Nav bundhoo Account Closed (Disallowed)

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    No i used a prepaid card to transfer from card to paypal account.and can transfer from paypal to my card,then i can withdraw after 12hr from ATM
     
  7. andNames

    andNames Shailendra Mishra VIP ★★★★★★★★★★

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    In india Paypal does not allow to withdraw to prepaid cards, that is why I was surprised.
     
  8. Nav bundhoo

    Nav bundhoo Account Closed (Disallowed)

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    Am not from India
     
  9. andNames

    andNames Shailendra Mishra VIP ★★★★★★★★★★

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    Help @anantj @Sinh

    My payment was released (I got email) on 1 June. Till date I have not received money in bank account.

    I guess eCheck is messed up. What is wait period for eCheck to settle??
    And what action could I take now? I contacted TA agent, but nothing.
     
  10. andNames

    andNames Shailendra Mishra VIP ★★★★★★★★★★

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    @VaibhavA : How many days for wire to settle in your account from release date?
     
  11. VaibhavA

    VaibhavA Top Contributor VIP

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    Whether it be godaddy or afternic.

    Once a get a mail like this below

    upload_2018-6-10_14-2-28.png

    I get paid next day. If next day is saturday or sunday, I get paid on monday.

    Hope I have understood your query properly and answered appropriately.

    Regards
     
  12. andNames

    andNames Shailendra Mishra VIP ★★★★★★★★★★

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    For me, more than a week has passed since my payment release email.
    Surely eCheck is a mess for Indians.
     
  13. Galaxy Traveller

    Galaxy Traveller Established Member

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    I prefer Paypal. It is faster than other options.
     
  14. VaibhavA

    VaibhavA Top Contributor VIP

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    I do not want to sound contradictory but from my personal experience echeck is faster and cheaper (Specially, payments for 300$ and above in India).
     
  15. Galaxy Traveller

    Galaxy Traveller Established Member

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    I never tried echeck. I usually avoid anything which include the word Cheque. May be echeck is faster than Paypal, I will try it.
     
  16. andNames

    andNames Shailendra Mishra VIP ★★★★★★★★★★

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    Have you ever received payment via eCheck? Where would have I gone wrong?
     
  17. Galaxy Traveller

    Galaxy Traveller Established Member

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    Nothing wrong because it is one of payment method. You will receive your payment eventually. Please inform how many days it takes to receive payment.
     
  18. andNames

    andNames Shailendra Mishra VIP ★★★★★★★★★★

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    I dont understand. It has been 9 days since payment release.
     
  19. Galaxy Traveller

    Galaxy Traveller Established Member

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    Dont worry, try to concentrate your daily activities and entertainment. One fine day (not long) you will receive the payment. If any error message you receive even then no worry. It will take just few days more.
     
  20. Sinh

    Sinh Top Contributor VIP

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    By Echeck that means you have to select currency in INR, not USD. Doubke check this matter.
     
  21. andNames

    andNames Shailendra Mishra VIP ★★★★★★★★★★

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    Yes, Currency was INR. I wrote to TA Agent (this time that button called "Message a TA Agent" worked) But no response.
     
  22. andNames

    andNames Shailendra Mishra VIP ★★★★★★★★★★

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    If I select Paypal, do they send money as regular (with fees) or masspay (without fees)?
     
  23. andNames

    andNames Shailendra Mishra VIP ★★★★★★★★★★

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    I found my mistake. Wrong IFSC.

    I checked and confirmed that there is no possible account with that details. What to do now?
     
  24. Galaxy Traveller

    Galaxy Traveller Established Member

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    Not good. Now it will take longer than usual. Now your one and only option is correction.
     
  25. VaibhavA

    VaibhavA Top Contributor VIP

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    Yes I have. Always.

    1). Create a new payee with correct ifsc.
    2). Select that payee as default payee in account settings.
    3). You may also need to select that payee seperately in all your listings at godaddy.
     

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