What is pricing Policy?

A pricing policy is an approach of a company to determine the price at which it offers a good or service to the market (users or customers). It tells about the minimum and Maximum prices at which they sell their services or goods on their platform (Which includes both website/web based and Mobile application).

What is Pricing policy of nayago.in?

Nayago.in is a web based and mobile application based platform of Nayago Educational Trust which is dedicated to provide services of education through online courses, certifications, virtual trainings, tuitions, assessments, certifications, one-to-one trainings, awareness programs, hackathons, entrepreneur trainings, life skills workshops, education admissions, collection of exam fee, collection of tuition fee, hackathons, coding clubs, memberships, subscription, registration for edtech fairs, technical fest registrations, journals & paper publications, affiliated course selling or which comes under the same meaning. Nayago pricing policy indicates that on its platform it has a price slab varied from INR 100/- (Indian Rupees Hundred) to INR 5,00,000/- (Indian Rupees Five Lacs) for all national payments and for international the cost will be varied from $2 USD to $12,000 USD. The purpose code is P1107 for receiving the payments from abroad as per RBI.

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 Nayago 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.

Do Nayago provides unlimited access to its content on platform?

No, we don’t provide unlimited access to all the contents available on the platform, all the pricing shows under a product are dedicated to it only. Example: ‘A’ opt for a Java course where its duration is for 3 months, A pays a fee of Rs.X to the course which is a onetime fee and one time accessible. But A opt for EMI option where subscription is not applicable.

Do Nayago provides lifetime access to its content on platform?

We don’t have any such products which has a plan for lifetime.

Do the commission debit from the taxable value is inclusive of GST or exclusive of GST (for Indian)?

Yes, the commission itself includes the GST in it.