Software Development Payment Details

How and where to Pay: Payments can be either wired to our bank, Pay via PayPal. Wiring is the normal means by which most businesses make their payments.

International Monetary Conversions: Money transferred into an Indian / American bank must be converted into the precise dollar amount agreed upon. (Fluctuating exchange rates can result in a deficit in the amount transferred).

For Small projects that take less than 100 hrs to 200: 35% of total project cost is paid as advance payment.

35% of the payment is done on completion of the prototype. Upon receiving the second payment the source code is handed over to the clients.

30% is paid only after the project is hosted.

For larger Projects that take above 200 hrs:The advance payment is either 35% of the total project cost or USD 2500 (whichever is less).

Invoice Schedule: We send invoices by e-mail on or close to the 1th of each month.

Payment Schedule: Payments must be made within three days of receiving the e-mail invoice. We greatly appreciate notification on the day that the payment was wired.

Hourly Rates: Some projects are billed by the hour. We expect payment at the end of a billing period rather than at the end of a phase of work.