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Farosh Payments Policy

Farosh Payments Policy

Payments can be made using bank account at Farosh.pk. The following policy highlights the rights and obligations of the users when using Farosh payments.

Please note that Farosh Payment Policy is a part of our Terms of Use. By using Farosh payments, you agree to the Farosh Payment Policy and our Terms of Use.

  1. Accepting these terms
  2. Overview
  3. Farosh’s Rights and Responsibilities
  4. Seller’s Rights and Responsibilities
  5. Payment Processing Fees

 

A. Accepting these Terms

The following policy is referred to as Farosh Payment Policy and defines your rights and obligations while using Payment services at Farosh. Please note that Farosh Payment Policy is a part of our Terms of Use. By using these services, you agree to the Farosh Payments Policy and to our Terms of Use.

 

B. Overview

The services are currently available only in Lahore, Pakistan. Sellers can use Payment Services of Farosh for only their listed items on the website and the payment will be shown in their account after the seven days of successful delivery. Farosh Payment services used for any other purpose may lead to blocking of the seller’s account from the website. 

 

C. Farosh’s Rights and Responsibilities

Farosh reserves the right to enable, disable or modify the Payment Services at any time, with or without notifying the users. For the purpose of security, Farosh also imposes limitations on the transactions for the sellers. For example, a limit may be imposed on the value of single transaction or on cumulative value of transactions taking place over a certain period. 

Information provided with Cash on Delivery orders is held by Farosh. For further details about this, please refer to the Farosh Privacy Policy.

In accordance to the Electronic Communication Policy, relevant notices about the use of Payment Services are sent to the seller by Farosh.

 

D. Seller Rights and Responsibilities

  • Use of Farosh Payments: Users need to sign up to avail Payment Services at Farosh. Valid bank account information is to be provided while signing up to receive payments at Farosh. Only the sellers who provide valid information and have their bank details approved can avail the services of Farosh Payments. By registering an account on Farosh, sellers can keep track of the payment amounts, refunds and transaction fees. It is the responsibility of sellers to keep their information up-to-date to avail these facilities. Farosh verifies this information from time to time to ensure security of transactions and to avoid fraud or violation of terms. Payment services are available to users who have a valid debit or credit card and are eligible to be the sellers on Farosh. 7 days are required for the payment to appear in the Seller's account. The seller will be eligible to withdraw the payment after a span of 7 days.
  • Communications: Information is imparted to the sellers using standard communication procedures at Farosh like emails, guided by the Electronic Communication Policy, or through the use of conversation tools of Farosh.
  • International Trade Laws: You agree that your use of Farosh Payments will not involve any countries, entities, individuals or items prohibited by sanctions, embargoes, regulations or orders administered by the Pakistani Department of Treasury’s Office or other government agencies.
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E. Payment Processing Fees

There is a fee charged against payment processed for each transaction. Farosh reserves the right to change this Payment Processing Fee at any time.

Location of Bank Account

Farosh Transaction Fee

Pakistan

Rs.190