Seller Payouts and Settlements #
Seller payouts, settlement cycles, payment processing, deductions, adjustments, reserves, charge backs, refunds, and other payment-related matters shall be governed by LX INDIA’s Seller Payout and Settlement Policy, as updated from time to time.
By registering and continuing to use the Platform, the Seller agrees to comply with the applicable payout and settlement terms.
LX INDIA shall process Seller settlements after completion of applicable transaction processes, including order fulfillment, payment confirmation, return periods, dispute resolution, verification requirements, and other applicable checks.
The Seller acknowledges that LX INDIA may temporarily hold, adjust, or delay settlement amounts where reasonably necessary for:
- investigation of suspected fraud or misuse;
- customer refunds or replacement obligations;
- chargebacks;
- regulatory requirements;
- unresolved disputes;
- verification of Seller documents or transactions;
- protection of Buyers, Sellers, or the Platform.
LX INDIA shall not be responsible for delays caused by payment gateway providers, banking institutions, financial intermediaries, regulatory authorities, technical failures, or other third-party service providers beyond LX INDIA’s reasonable control.
