Afternic gives no update on payment status

[Shailendra Mishra]

(screenshot attached above)

I sold a domain through Afternic on 22 May. My first through them.
Domain was removed from my account same day. A friend told me that it takes 2-3 days before they "schedule" a payment date and 7 days for disbursement.
Their page says the same. "Disbursement will be issued in next 7 days"

But 8 days have passed and forget disbursement, they have not even updated a scheduled payment date. No email update in last 8 days and their "message to TA Agent" button does not work.

I even wrote a support ticket 3 days back about this which I never heard back from.

Anyone had similar experience? Is it normal or a glitch?

 

[Shailendra Mishra]

by ECheck that means you will receive payment in your domestic currency through your bank account (not in USD)

By Wire you will receive payment in USD if you select it

But isnt eCheck for local (USA banks) ?

Will I still receive money in non USA bank.
If it is so, is eCheck better than Wire or not currency-conversion-wise?

 

[bashariqbal]

I got an email update

"A payment to you for 1,996.00 was processed by eCheck."

But I selected Wire (and I think there is no eCheck in India)

Edit: My fault. I had mistakenly selected eCheck and not Wire.

So, I guess I am screwed.
Help @anantj @VaibhavA @bashariqbal

I think the payment will not be processed since you are not a local US resident with US bank account. Contact support and explain them that you have by mistake selected eCheck.

 

[Shailendra Mishra]

This should be fine. eCheck will get your money in your account. I've used it previously! Good luck and congratulations on getting the payout

That is so relieving! Thanks.

So, eCheck is best option for India, right? and how many working days from release of payment to bank account credit?

 

[thekiller]

6 months?

What's the holdup?

Have you called them on the phone?

They tried to wire once and failed. Told me that my bank rejected the payment. Which wasn't the case. My bank told none of incoming payment to my account rejected. Seems like afternic's payment partner have issues rather than my bank.

They removed the PayPal option before payout from my account so only option is wire transfer.

In the meantime I received payments from escrow.com and payoneer escrow without any issues on the same payment details.

Sent them many emails and they reply after a week or so. Even Joe here couldn't help.

Hoping that they will solve the issue and send funds this time.

 

[nitg16]

That is so relieving! Thanks.

So, eCheck is best option for India, right? and how many working days from release of payment to bank account credit?

eCheck amount is deposited as INR? If yes, then you will have to pay GST.

There is no GST:

• If buyer is not a resident of India, and
• Any offshore amount deposited in bank is not in INR

If any one of above two conditions doesn't meet then you will have to pay GST.

 

[alcy]

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

 

[Shailendra Mishra]

eCheck amount is deposited as INR? If yes, then you will have to pay GST.

There is no GST:

• If buyer is not a resident of India, and
• Any offshore amount deposited in bank is not in INR

If any one of above two conditions doesn't meet then you will have to pay GST.

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.

 

[Shailendra Mishra]

I used paypal and transfer from paypal to my card its take only 12hr to withdraw

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

 

[nitg16]

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.

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.

 

[Nav bundhoo]

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

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

 

[Shailendra Mishra]

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

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

 

[Nav bundhoo]

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

Am not from India

 

[Shailendra Mishra]

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.

 

[Shailendra Mishra]

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

 

[Shailendra Mishra]

Whether it be godaddy or afternic.

Once a get a mail like this below

Show attachment 90412

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

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

 

[Galaxy Traveller]

I prefer Paypal. It is faster than other options.

 

[VaibhavA]

Surely eCheck is a mess for Indians.

I prefer Paypal. It is faster than other options.

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).

 

[Galaxy Traveller]

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).

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

 

[Shailendra Mishra]

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).

Have you ever received payment via eCheck? Where would have I gone wrong?

 

[Galaxy Traveller]

Have you ever received payment via eCheck? Where would have I gone wrong?

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.

 

[Shailendra Mishra]

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.

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

 

[Galaxy Traveller]

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.

 

[Sinh]

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

 

[Shailendra Mishra]

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

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

 

[Shailendra Mishra]

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