Payment Policy

Our desire is to delight our client. One way is to make clear our understandings with each other. These are the payment policy of our agreement together:

Payment Policy:

  • You have to pay at least 50% of the contract amount.
  • Rest of the amount you have to pay before project delivery
  • In case of third party purchase like API, Domain, Hosting Server, backup server, SMS and Email service or any other purchase from third party, you have to pay 100% in advance. If client purchase from their end the client has to pay the integration charges.
  • The project duration is mention during Final meeting or on contact paper.
  • We don’t have any EMI payment system. So payment mode will be in cheque/ Account Transfer/ Online Transfer.
  • GST Will apply for every invoice. GST terms based on Indian Government GST Policy.
  • After SRS Documentation we do not accept any changes of the concept of project. If you wants to changes your concept or ideas or changes any requirement’s or module before complete the project which is written in SRS then the project value/cost may differ or increase as per the requirement changes. Client has to pay the extra cost of the project due to extra requirements.
  • Genposys Technologies Private Limited has rights to shut down website or the project any time due to non-payment without any prior notice or information.
  • In case of cheque bounce client has to pay 10% extra amount of the project value/cost.
  • We will notify you the project start date via email after contract signed.