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SWIFTSHIP PRICEBEAT PRIVATE LIMITED SWIFTSHIP PRICEBEAT PRIVATE LIMITED
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VENDORS ONBOARDING POLICY

Vendor Onboarding Policy


1. Objective of Vendor Onboarding Policy

• To onboard genuine and verified vendors on the PriceBeat platform.

• To ensure quality products, transparent pricing, and reliable service to customers.To build a scalable and compliant multi-vendor e-commerce ecosystem.

2. Eligible Vendors

• Manufacturers, wholesalers, distributors, and retailers.

• Individual proprietors, partnership firms, LLPs, and private limited companies.

• Vendors selling physical goods such as apparel, electronics, home goods, and lifestyle products.

3. Vendor Onboarding Process

• Vendor registration through online application onboarding.

• Submission of mandatory KYC and business documents.

• Internal verification by the PriceBeat operations team.

• Approval and creation of vendor dashboard access.

4. Documents Required from Vendors

• PAN Card (mandatory).

• Aadhaar Card .

• GST Registration Certificate (if applicable).

• Bank details.

5. Commercial Terms

• Initial onboarding is free for vendors.

• 0% commission for the introductory period (first 60 days).

• Post introductory period, a nominal commission will be applicable as per category.

• Payment settlements to vendors will be processed on a weekly or bi-weekly basis.

6. Vendor Responsibilities

• Ensure accurate product listings and competitive pricing.

• Maintain adequate inventory levels.

• Timely order fulfillment and dispatch.

7.Quality Control & Compliance

• Platform quality standards follow.

• If there repeated issues emporary suspension / termination possible

8.⁠ ⁠Termination & Exit Policy

• Vendor voluntary exit prior notice should be provide.

• Fraud / policy violation PriceBeat would remove vendor without any notice.

• We will pay Pending settlements as per payment policy.

9.⁠ ⁠Policy Review & Amendments

• Business requirements policy will update as per company norms.

• Regulatory compliance changes apply.