Why does Platform2u.com Philippines Inc. remit the payment after 7 working days?
Platform2u.com Philippines Inc. imposes this policy to protect both parties- the Merchant and the Buyer. The merchant can deliver the items to the buyer without worrying that the buyer will deny the payment. On the other hand, Platform2u.com Philippines Inc. will have to protect the buyer by having a period for dispute for wrong / defective delivery of goods. If there is no dispute within the 7-day period, Platform2u.com Philippines Inc. will release the payment to the Merchant deducting all the of transaction charges involved. If there is a dispute, Platform2u.com Philippines Inc. will only remit the payment once the investigation is done.
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