Can you get the money back if the online transaction fails somehow, and your amount is deducted?
Where can you go to claim that?
At many big showrooms, and megastores we used to see, something is written alongside some glass decor or any brittle object, “nice to see, good to hold, and if broken, considered Sold” because no business can bear loss. As simple as that.
But have you ever thought of the uneasy and restless condition of a customer, who feels helpless in no man’s land, after discovering that the amount from his or her debit or credit card is deducted during the transaction, without getting anything?
Or in other cases, the payment transaction gets declined when one needs that service or product drastically.
The above mentioned two situations are worst to be in, for any client after looking to get that product.
So what are the solutions?
In recent times, RBI in India came up with some customer-friendly advisory for all Banks operating in India. In the case of a failed transaction, the Banks will have to give fine to the clients. These guidelines are of course very customer-friendly.
Because one can understand the dilemma of the customer, as to what to do? Where to approach and what should be the process that they should go through, all these incidents are annoying to be an inn, as when and how to get the money back into their account after that.
RBI issued the guideline in a T+5 format, or the fund is deposited in the account back in 5 days otherwise Rs 100 should be the fine on the related Bank every day in the case of ATM failed transaction, and if UPI it is T+1, that is only one day, the fine should be given to the client at Rs 100 daily while online payment of PayPal, Google Pay, or any other. That sounds like something reliving.
What Is Radiant Pay’s role for smooth Transaction Online?
Radiant Pay is a leading Payment solutions provider in many countries like the UK, and many European countries, where the major transactions in many online businesses are taking place at every moment today. Radiant Pay is a London based online payment agency which is helping to give seamless and flawless payment solution to some of the leading offshore ecommerce companies.
Radiant pay is a trustworthy establishment and a step ahead of all its competitors, it is a fourth runner in acquiring the latest digital software or payment gateways to outperform many other solution providers.
Radiant Pay is involved in boosting your Ecommerce business day and night, rendering many exclusive and sharply shaped payment packages to multiply your type of business online.
We are more active at any juncture when the need arises, to clear a transaction if some issue related to its volatile and high-risk nature arrives. Our team of troubleshooters and qualified experts finds an instant solution and makes the payment possible into your merchant account, to reduce the chances of declined transactions, and loss in the precious business opportunity.
We, at Radiant Pay, are expertly facilitating our clients with high-value payment acceptance with our networks and known understanding at many offshore issuer Banks and establishments, to get the transaction cleared at any cost for a business deal.
Radiant Pay is a solution provider in your online business, as the online users are using many methods to pay you via Credit Cards, Debit cards, Online direct debit, payment via PayPal, Google Pay, or any type of online payment which you can think of.
The process ACH & Check Processing, High-Risk Processing, and providing the Merchant Accounts in many offshore banks are done with great ease and mastery at our, only the Radian Pay.
So if you and your ecommerce business are finding any sort of issue related to the online payment within your beloved business, come to Radiant Pay, and get everything fixed at one stop. Your Online business should be sitting on a goldmine, rather than wandering in unwanted hustles related to the online payment process.