Independent Legal Opinion of Merchant Independent Legal Opinion of Merchant

1 year ago

Let me share a response from Razorpay payment gateway. They are demanding the following to enable card payment methods for our online live-shopping portal - YuDoo

"We understand your concern with regards to your query, This is to inform you that regarding VISA cards, Master Cards and Rupay Cards our banking partners need some details to be updated by you to activate all these. We know how important your business is however since we are totally dependent on our banking partner, You need to update the details which is asked by them.
​>> Please share the Independent Legal Opinion of the merchant.
"The merchant quoted price is lesser than the cost price for this business category. Due to this price differentiation, we cannot proceed ahead."

I need help in getting Independent legal opinion of merchant.

Anik

Responded 1 year ago

View All Answers
A.Dear client, in my humble suggestion, it is required for you to determine as to how the price the merchant quoted is less than the cost price because such a price quote could lead to problems down the road.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Kishan Dutt Kalaskar

Responded 1 year ago

View All Answers
A.Dear Sir,

You have to clarify how merchant quoted price is lesser than the cost price. Such price quotation may invite complications in future.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconSbi account put on stop by cyber security
Dear Sir/Madam, Under the following provisions the Hon’ble Magistrate Court having ample powers to unfreeze the Bank accounts. Further, the Hon’ble Court has vast powers to hand over the properties/v...
question iconMy bank account got freezed
Dear Client, Once a cybercrime scam or fraudulent transaction is reported online to the National Cyber Crime Reporting Portal(NCCRP), on the instruction of the Cyber Crime Cell, the investigating tea...
question iconBank loan harassment
Dear Client, In the given scenario, you can escalate your grievance with the Grievance Redressal Officer of the concerned Bank, and in case no suitable response is received from the GRO of the Bank yo...
question iconOnline Gaming -Can I be sent to Jail
Dear Client, The Information Technology Act 2000 regulates cyber activities or online gambling in India. There is no explicit law that makes online gaming and gambling an illegal activity in India. O...
question iconOnline Gaming- Debit freeze
Dear Client, Your query requires more details to address it suitably. You expressed your situation but not a cause of action that attracts a legal remedy. It is a virtual platform where in the absenc...