[Resolved]  PayUMoney — pay money settlement hold on merchant id 6814830 and didn't have a solution after the two working days

Hi,
My name is Kabini P Mohan, recently registered with payumoney as payment gateway provider for my startup with merchant ID 6814830. Once all the verification are completed I started test payment and its been settled to my bank account after two days successfully. After that, I updated the payment gateway on my site.
On[protected] I got one payment of Rs. 13260/-- for my software and I got the same successfully, and when one of another client tried to make the payment fo same amount, the client got an error. We tried our own in with different amount and for Rs. 10000 and below the payment page loading perfectly, but with Rs. 13260/- and above the amount it's giving an error. I raised the ticket on[protected] immediatly with ticket QW[protected], and the problem solved with in one hour and I got call that there were a limit set on my account now its OK, and after that when I tried with Rs. 15300/- the payment page been redirected successfully.
But the problem happened after that, I got a mail that huge spike in transaction in my account need business justification, Once I got email I immediately logged in in my payumoney account and submitted the justication and I can see that my account status turned to Settlement on Hold, I have some amount in my account that supposed to be transfer to my bank account. So I raised a ticket with a detailed description of actual with ticket number VD[protected]. So far I didn't get any solution or call back from Payumoney Team, I contact one account manager through email Mr. Mahank Monga (mahak.[protected]@payu.in), this person I got along with my document verification process. He gave two email IDs ([protected]@payumoney.com and [protected]@payu.in ) to contact, I contacted them, but no response from them.
Today my ticket close date and the time is 4.30 PM, I didn;t get any solution, and even no body now respond to my mail. There is no contact number to get Payumoney Merchant Care, and no body even replied to me.
I just started my business and holding my money will affect my business badly, I have to settle lot of charges to other persons to run the business smoothly. Since I didn't receive any settlement I am in big trouble now.
I expect some of the payumoney higher official will get noticed this and give a proper solution in my account and release the settlement hold status.
And one more thing just before I raised a ticket again concerning this and I am surprised to see the expected closing date mentioned as 01 Jan' 70
EXPECTED END DATE. Don't know what is happening? Now I am afraid to lose my hard-earned money. See the attached images for all the screenshots.

Kabini
+5 photos
Was this information helpful?
No (0)
Yes (0)
Dec 13, 2019
Complaint marked as Resolved 
I got my settlement amount just now in my bank account, and my merchant account status active in settlement now. thanks to payumoney support team and consumercomplaints.in once again thank you very much to the team regards Kabini
PayUMoney customer support has been notified about the posted complaint.
Dec 11, 2019
Updated by Kabini
My ticket number VD[protected] end date was on[protected]check the attached image), no solutions from payumoney, nobody contacted me, I don't know to who I contact for a solution? Payumoney holding my fund unnecessarily, its not their money, its money for me from my clients paid for my product.
And yesterday I raised a ticket with number MW[protected], please check the image, what the hell Payumoney mentioned as end date, it is 01-01-70, so you gonna solve my issue on 2070???????????????????????????????????

Verified Support
Dec 11, 2019
PayUMoney Customer Care's response
Hi,

We have acknowledged your concern and have forwarded it to the relevant team. Please allow us some time and we will get back to you for the same.

Regards,
Team PayU
Dec 12, 2019
Updated by Kabini
I got a mail from payumoney merchant support on[protected] and asked to send the bill details of my payments through payumoney, I sent the bill details same day, and yesterday after noon one lady called and asked another thing, at least two of my clients need to send a mail to payumoney that the software installed and there is no payment issue further with payumoney as content. Dont know what all these about, anyway I asked my clients to send an mail like this, two of them replied that they sent mail to payumoney as I said, one person sent me the screenshot (attached here). All things have been forwarded to payumoney merchant.
But so far no response from them, since my fund is been holding, I am in a difficult position to run my business.
The sad thing I am posting these here is, there is no phone number to contact them to know the status, no reply for my mail. So what should I do?

Verified Support
Dec 12, 2019
PayUMoney Customer Care's response
Hi,

We apologize for the inconvenience caused.

We completely understand your concern. We have shared the above details with our team for further action, they will connect with you accordingly.

Regards,
Team PayU
Verified Support
Dec 13, 2019
PayUMoney Customer Care's response
Hi,

We wish to inform you that your settlement has been processed today and you will receive it in your registered bank account soon. We hope that our team has communicated with you regarding the same.

Feel free to write back to any further assistance.

Regards,
Team PayU
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    PayUMoney
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    60%
    Complaints
    3771
    Pending
    436
    Resolved
    2132
    PayUMoney Address
    7th Floor, Pearl Tower, Plot No 51 Institutional Area, Sector 32, Gurgaon, Haryana, India - 122002
    View all PayUMoney contact information