Payment policy for Indian Nation and International Users:

Global Yoga Schools® or GYS (globalyogaschools.com or mobile application or collectively referred as platform) offers you multiple payment methods to pay using online mode of payment with our trusted payment gateway partners use secure encryption technology to always keep your transaction details confidential. You may use Internet Banking, Gift Card, Pay Later (Facilitate by trusted partners), EMI (Equated Monthly Instalment), UPI (Unified Payments Interface in India & its accepted countries) and Wallet to make your purchase. GYS accepts payments made using Visa, MasterCard, Maestro, Rupay and American Express credit/debit cards, various payment wallets, UPI (Unified Payments Interface in India) and which were accepted by our trusted payment gateway partners. We also collect payments through UPI Autopay, e-Nach, all other types of national and international cards which are allowed to accept by our payment gate partners as per Reserve Bank of India Rules & Regulation and accordingly as per any act or foreign policy laid down by or between nations by government of India. Our payment gateway partners store your details for flash mode of payments as per their policy where GYS is nowhere concern and liable for storing of your information.

There are NO hidden charges when you make a purchase on GYS. The prices listed for all the items are final and all-inclusive. The price you see on the product page is exactly what you pay. Delivery charges may be extra depending on the seller policy. Please check individual seller policy for the same.

If you are not comfortable making an online payment on globalyogaschools.com, you can opt for the Cash On Delivery (COD) payment method instead. With COD you can pay in cash at the time of actual delivery of the product at your doorstep, without requiring you to make any advance payment online. The maximum order value for a Cash on Delivery (COD) payment is ₹500. It is strictly a cash-only payment method. Gift Cards or store credit cannot be used for COD orders. Foreign currency cannot be used to make a COD payment. We accept only Indian Rupees. Currently we are not accepting or providing any COD payment option to our user in support of digital currencies.

We accept payments made by credit/debit/prepaid National or International cards issued in India for Indian citizens or allowed cards as per RBI Norms for International Payments which will be accepted by our trusted payment gateway partners. International user has to make payments in Rupees or in USD $ only. They are recommended to calculate the payments in USD $ or INR Indian Rupees only.

We accept payments made using Visa, Master Card and American Express(optional) credit cards. To pay using your credit card at checkout, you will need your card number, expiry date, three-digit CVV found on the backside of your card Visa, MasterCard or four digits CVV number front side of your American Express cards. After entering these details, you will be redirected to the bank’s page for entering the online 3D Secure password or OTP (One Time Password).

We accept payments made using Visa, MasterCard , Rupay and Maestro debit cards. To pay using your debit card at checkout, you will need your card number, expiry date (optional for Maestro cards), three-digit CVV number (optional for Maestro cards). You will then be redirected to your bank’s secure page for entering your online password (issued by your bank) to complete the payment. Some international cards will not be accepted by our trusted payment gateway partners. We also accept the other types of cards as the same services provided by our payment gate way partners.

We accept payments made using UPI payment apps like BHIM, Google Pay, Phone Pay, Paytm, Amazon Pay, Mobi Kwik, lazy pay, zest money etc., which will be allowed by our trusted payment gateway partners.

Your online transaction on GYS is secure with the highest levels of transaction security currently available on the Internet which is provided by our trusted payment gateway partners. GYS associated trusted payment gateway partners will protect your card information while securely transmitting it to the respective banks for payment processing. GYS do not store or access your card information. All credit card and debit card payments on GYS are processed through secure and trusted payment gateways managed by leading banks. Banks now use the 3D Secure password service for online transactions, providing an additional layer of security through identity verification.

GYS realizes the importance of a strong fraud detection and resolution capability. We and our online payments partners monitor transactions continuously for suspicious activity and flag potentially fraudulent transactions for manual verification by our team. In the rarest of rare cases, when our team is unable to rule out the possibility of fraud categorically, the transaction is kept on hold, and the customer is requested to provide KYC documents. The KYC documents help us ensure that the purchases were indeed made by a genuine card holder. We apologise for any inconvenience that may be caused to customers and request them to bear with us in the larger interest of ensuring a safe and secure environment for online transactions.

The 3D Secure password is implemented by VISA and MasterCard in partnership with card issuing banks under the “Verified by VISA” and “Mastercard Secure Code” services, respectively. The 3D Secure password adds an additional layer of security through identity verification for your online credit/debit card transactions. This password, which is created by you, is known only to you. This ensures that only you can use your card for online purchases.

Pay Later is an easy for anyone to avoid the inconvenience during the checkout process of your product. GYS will not provide any pay later option directly to its customers. The pay later option will be provided by the trusted payment gateway partners to selected customers only. Customers must pay the due amount for the purchased product within the due date as prescribed by the pay later finance provider. Late fee and other retaliated charges will be under the discretion of pay later finance provider, GYS is not liable for any damages happen to customer by using pay later in globalyogaschools.com

GYS offers you the convenience of using your bank’s Internet Banking service to make a payment towards your order. With this you can directly transfer funds from your bank account, while conducting a highly secure transaction. We accept payment through Internet Banking which will be accepted by our trusted payment partners.

The ‘Cashback’ offer is instant and exclusive to globalyogaschools.com. You only pay the final price you see in your cart page at time of checkout. Instant Cashback offers were offered to customers directly by our trusted bank partners.

“We don’t accept any mode of Cash on Delivery payment from our users where all of the products available on our platform are available in digital format or course or services only, we won’t sell any physical products to our users currently.” 

Explanation of COD payment mode for user understanding:

Items that have the “Cash on Delivery Available” icon are valid for order by Cash on Delivery. Add the item(s) to your cart and proceed to checkout. When prompted to choose a payment option, select “Pay by Cash on Delivery”. You will be required to make a cash-only payment to our courier partner at the time of delivery of your order to complete the payment before taking the ordered product into your possession.

GYS provides credit card and Debit card EMI option to its customers, where you can choose to pay in easy instalments of 3, 6, 9, 12, 18, or 24 months (Offered months will change from bank to bank) with credit cards or debit cards offers months EMI options are available from select banks only. There will be minimum order value set by respective banks to cards holders to avail credit card and Debit card EMI. GYS do not collect any processing fee from the customers to avail EMI option at time of purchase. The processing fee charged for availing EMI payment option it will be as per the card holders Bank discretion, on cancellation, refund, interest charged by the bank till that time will not be refunded by GYS. EMI or any processing fee charged for loan processing shall be directly pay by the user (buyer) only to the Bank or service provider. You may check with the respective bank/issuer on how a cancellation, refund or pre-closure could affect the EMI terms, and what interest charges would be levied on you for the same. GYS is not liable for any losses or damages or fraud happen to customer caused by using credit card and debit card or wallet or UPI on globalyogaschools.com or its mobile application. User have to contact payment gateway partner (selected at time of payment on our website or mobile application) for any declined or aborted or any inconvenience occur at time of payment on this platform. Taxes if applicable as per applicable laws of India which to be collected directly by user may be collected.

Time taken to refund: It will take 15 business working days for the refund after getting confirmation by the seller or requested by the buyer that product was received in good condition and actual condition (Time taken to refund = 15 business working days + time taken to get confirmation by seller). Our trusted payment gateway partners do not charge you for refunds. However, transaction charges, fees and tax charged for a captured payment will not be reversed. In case of any courses purchased we process the refunds as per GYS refund policy you may refer our return replacement and refund policy for more details.

“User has to pay the exchange charges in addition to the Price of the product by international users.”

Payment / settlement to seller or tutor:

• Product (License/eBooks): Payment settlement to seller against the sale product on GYS will be settled within 7 business working days after completion of return or replacement period (Total time for settlement = 7 Business working days + Return or Replacement Time in days).
• Service: Payment settlement to seller against the sale of service or course or any downloadable content on GYS for agreed share between GYS and seller and disbursement of such share will be settled as per the below table.

Pay-out = Actual fee – TDS

Course Calculation :

For example, M/s x company provides tuitions for subjects such as Maths, Physics, Biology and Chemistry, including JEE exams. A student enrols in their Class programme plus JEE coaching for which the billing is as follows all values mentioned below are INR:

Tuition fee: Rs.48,450

Books: Rs.20,560

Maintenance fee or platform cost: Rs.5,000

Total Value of Invoice (excluding tax): Rs.74,010

Taxable value = Rs.53,450 (Rs.48,450 + Rs.5,000) where tax is applicable only on Tuition fee and Maintenance or platform cost.

CGST: Rs.4,811

SGST: Rs.4,811

Total GST charged: Rs.9,622

Total payable: Rs.83,632 (Rs.74,010 + Rs.9,622)

What is the subscription pricing?

The subscription plans are applicable to both India users and Abroad Users. The subscription plans shall be available based on the product selected and as per the policy of payment gateway partners. Subscription payments, or recurring payments, are repeated transactions that are scheduled on a regular basis. Any time a consumer has a continued service or product purchase, they may opt for a subscription or recurring payment plan. On our platform few courses, few test series, coding clubs, webinars are available on subscription basis where the user is allowed to opt for subscription plans which can be paid using cards, UPI, e-Mandate, international cards and more options provided by our gateway provider partners.

Who will pay the transaction and exchange charges in case of international payments?

International payments mean Payments made through accounts using Net banking, wired transfer, Credit Card, Debit card are out of India. “International User has to pay the exchange charges in addition to the Price of the product.” The prices mentioned on platform are not included with the currency conversion charges or international gateway charges or any charges as per the Rules laid down by the Reserve Bank of India (RBI), State Governments in India and Government of India in accordance to the Foreign Policy (Foreign Exchange Management Act, 1999 (FEMA)). As we are registered in India we will abide as per the Indian Laws only. We also respect the foreign country laws in case of any mandate regulations to be followed as per user nations we will compile accordingly.

“International buyer has to pay the transaction and gateway charges along with product cost” 

Will buyer 100% payment refund in case of cancellation?

Refund is applicable on case-to-case basis as per refund policy. The buyer or user get the actual price by deducting the gateway fee which is already paid to the payment gateway provider. In case of the GYS has submitted the GST returns to the government then the customer will get taxable value amount. In majority we don’t accept refunds unless or until it is a valid reason. All products available on our platform are in digital mode and comes under service. 

What is an e-Mandate?

e-Mandate is a digital payment service introduced by the RBI and National Payments Corporation of India to streamline the payments process for companies. This process serves as the underlying infrastructure for firms to gather payments without manual intervention. In other words, a mandate is a standing instruction provided by the customer to the issuing bank and other institutions, which allows these financial institutions to automatically debit the amount mentioned in the mandate from the customer’s bank account. An e-mandate means a standing instruction in the digital format. Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI) initiated a digital payment service—e-mandate—to address the changing payment needs of people. An e-mandate enables the processing of recurring merchant payments typically without any human interaction once the payment has been set up.

Last update on July 21, 2024.