Seller Payouts Policy

Seller Payouts Policy

Bank transfer in INR Name must match Payout after delivery Standard: 14 days

Last updated: 30 Oct 2025

What does “payout” mean?

Payout is the amount you receive in your bank account after your item is sold, minus PurvX India’s commission (and any applicable fees as per current pricing). If a listing fee applies, it is adjusted against the commission at the time of payout.

Simple Indian English: Payout = Sale price – PurvX India commission (after adjusting any listing fee) = Money sent to your bank.

When do we collect bank details?

  • After your first successful sale, we’ll ask you for bank details to receive payout.
  • Indian bank accounts only, in the seller’s name used during registration. If you registered as a business, the account name must match your registered business name. Business sellers must provide GSTIN.

Payout timeline

  • Eligibility starts after successful delivery as per the courier tracking.
  • Standard processing: Payout is automatically processed 14 days from the date of delivery.
  • If the buyer manually confirms “no issue” earlier, we may process payout before the 14 days.
  • If the buyer raises a concern (e.g., item not as described, damage, missing pieces), payout will be held until the case is resolved.
Event What happens
Order delivered Eligibility window begins (based on courier tracking date).
No issue raised Payout auto-processes on Day 14 from delivery.
Buyer confirms early Payout can process earlier than Day 14.
Issue raised Payout is held until resolution under Purchase Protection.

Bank requirements

  • INR bank transfer only to Indian bank accounts.
  • Name must match seller registration name (or registered business name for business accounts).
  • Business sellers: provide GSTIN and supporting details if requested.
  • Provide accurate bank details (account number, IFSC, account holder name). Incorrect details can delay or fail payout.

Important: For security and compliance, we may verify identity and bank ownership before releasing payouts, especially on your first sale.

Holds, delays & failures

  • Disputes/claims: Payout held until the case is resolved.
  • Missing tracking or proof: Provide tracking and (for high-value items) a short packing video and courier receipt if requested.
  • Name mismatch or invalid account: Update correct bank details or documentation.
  • Policy violations (e.g., fake tracking, wrong item): Payout may be held or reversed as per enforcement policy.

Tip: Keep your order emails, tracking link, and packing video handy for quick resolution.

Related policies

Questions? Email support@purvx.in with your seller ID and order ID.