Mg global websoft Payment Terms and Policies
Payment for Design Services
• All payments for design services availed through mg global websoft’s platform must be made at the time of placing the order. The total payable amount will include applicable taxes, which will be calculated and displayed during the checkout process.
• Customers must ensure sufficient funds are available to process the payment successfully. mg global websoft reserves the right to cancel orders for non-payment.
• Payments can be made using any of the accepted methods, including mg global websoft wallet, credit/debit cards, UPI, net banking, or other online payment gateways.
• Customers have the option to prepay an amount into their mg global websoft wallet. This balance can be used at the time of payment for services.
Vendor Payment Policy
• This policy applies to partnered companies collaborating with mg global websoft.
• mg global websoft operates under a revenue-sharing model, with payment terms defined in individual agreements. Revenue distribution varies by agreement.
• Payments to vendors will be processed on or before the 10th of the following month for all completed and approved projects from the previous month.
• mg global websoft will raise invoices to vendors based on completed project values. Vendors are not required to raise their own invoices unless specified otherwise.
• mg global websoft’s payment terms are subject to change, with prior notice provided to vendors.
Freelancer Payment Policy
• This policy applies specifically to freelancers working with mg global websoft.
• Freelancers must raise invoices to mg global websoft for completed projects to avail of payment. These invoices should include accurate details of the completed projects and their respective values.
• Payments to freelancers will be processed on or before the 10th of the following month, covering all approved projects from the previous month.
• mg global websoft’s freelancer payment terms are subject to periodic review and updates.
Partnership Payments
• Revenue-sharing agreements with partners are designed to be equitable and transparent, fostering long-term relationships.
• Payment schedules and amounts are outlined in the respective partnership agreements and adhered to strictly by mg global websoft.
• mg global websoft’s commitment to fairness ensures that all partnership payments are processed promptly and without undue delay.
Transparent Pricing and Fairness
• mg global websoft ensures transparency by disclosing all prices, taxes, and fees upfront before payment. No hidden charges will be added during the checkout process.
• mg global websoft ensures transparency by disclosing all prices, taxes, and fees upfront before payment. No hidden charges will be added during the checkout process.
• Tax compliance is ensured via automated calculations for applicable taxes like GST and TDS.
Cancellation and Refund Policy
• Customers may cancel design orders as per mg global websoft’s cancellation policy by sending an email to help@mgglobalwebsoft.com requesting the cancellation. Refunds will be processed within 5-7 working days upon receiving the request.
• Refunds, if applicable, will be processed promptly, following the outlined refund policies and in compliance with regulations, including applicable tax laws and consumer protection laws.
• Refunds are facilitated through integrated tools to ensure seamless transactions for all parties.
Compliance and Legal Requirements
• Vendors must comply with all relevant local laws and regulations, including tax requirements like GST in India.
• mg global websoft’s platform incorporates tools to assist vendors in maintaining tax compliance, ensuring accuracy and ease of reporting.
• Non-compliance with regulations may result in penalties or suspension from the platform.
General Terms and Updates
• mg global websoft reserves the right to update its terms and policies periodically. Vendors, partners, and customers will be notified of significant changes.
• These policies are designed to ensure fairness and transparency while adapting to regulatory and market developments.