Payments can be made using a bank account at Farosh. 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.
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 and you agree to it.
B. Overview
Shops can use Payment Services of Farosh for only their listed items on the website and the Farosh pays sellers in a 15-day cycle. The payment of those orders adds to the 15-day cycle which clears the 7-day warranty period without any complaints. Right after the 15-day cycle approves the payment our accounts team sends requests to relevant banks to transfer payment.
C. Farosh’s 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 security, Farosh also imposes limitations on the transactions for the shops. For example, a limit may be imposed on the value of a single transaction or the cumulative value of transactions taking place over a certain period. Farosh pays sellers in a 15-day cycle. The payment of those orders adds to the 15-day cycle which clears the 7-day warranty period without any complaints. Right after the 15-day cycle approves the payment our accounts team sends requests to relevant banks to transfer payment.
Information provided with Cash on Delivery orders is held by Farosh. For further details about this, please refer to the Farosh Privacy Policy.
By the Electronic Communication Policy, relevant notices about the use of Payment Services are sent to the shop by Farosh.
D. Shop Rights and Responsibilities