Common use of Special Note towards Transaction fee Clause in Contracts

Special Note towards Transaction fee. The vendors shall pay the transaction fee using “Transaction Fee Payment” link under “My Menu” in the vendor login. The vendors have to select the particular tender from the event dropdown box. The vendor shall have the facility of making the payment either through NEFT or online payment. On selecting NEFT, the vendor shall generate a challan by filling up a form. The vendor shall remit the transaction fee amount as per the details printed on the challan without making change in the same. On selecting online payment, the vendor shall have the provision of making payment using its Credit / Debit Card / Net Banking. Once the payment gets credited to MSTC’s designated bank account, the transaction fee shall be auto authorized, and the vendor shall be receiving a system generated mail. Transaction fee is non-refundable. A vendor will not have the access to online e-tender without making the payment towards transaction fee.

Special Note towards Transaction fee. The vendors shall pay the transaction fee using “Transaction Fee Payment” link Link under “My Menu” in the vendor login. The vendors have to select the particular tender from the event dropdown box. The vendor shall have the facility of making the payment either through NEFT or online paymentOnline Payment. On selecting NEFT, the vendor shall generate a challan Challan by filling up a form. The vendor shall remit the transaction fee amount as per the details printed on the challan Challan without making change in the same. On selecting online paymentOnline Payment, the vendor shall have the provision of making payment using its Credit / Credit/ Debit Card / Card/ Net Banking. Once the payment gets credited to MSTC’s designated bank account, the transaction fee shall be auto authorized, authorized and the vendor shall be receiving a system generated mail. Transaction fee is non-refundable. A vendor will not have the access to online e-tender without making the payment towards transaction fee.