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Payment Guide

Comprehensive information for clients and suppliers on payment processes, methods, and policies.

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Payment Information for Clients

Guidelines for clients making payments to Atoconn.

Accepted Payment Methods

Wire/bank transfer, credit card (Visa, Mastercard, Amex), PayPal Business, SWIFT international wire, and check for approved clients.

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Payment Terms

Standard Net 15 days, 1.5% early-payment discount within 3 days, 1.5%/month late fee, and custom Net 30/45 for enterprise contracts.

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Invoicing Process

Invoices are emailed within 3 business days of a milestone or monthly cycle, then paid before due date and confirmed with a statement.

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Payment Instructions

Pay to Atoconn System Labs Pvt Ltd, IDFC First Bank, A/C 10027655793, IFSC IDFB0040112, SWIFT IDFBINBBMUM (GSTN 27AAPCA3375E1ZJ).

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Payment Information for Suppliers

Complete vendor registration, GSTN/VAT form, banking details, vendor agreement, and compliance docs; Net 15 from invoice approval, paid bi-weekly.

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Payment Security

Transactions use PCI-DSS Level 1 gateways with 256-bit SSL encryption, regular security audits, and fraud detection systems.

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About This Guide

This Payment Guide provides detailed information about Atoconn's payment processes, accepted payment methods, invoicing procedures, and payment terms for both clients and suppliers.

We are committed to maintaining transparent, secure, and efficient payment processes that benefit all parties involved.

Accepted Payment Methods

Guidelines for clients making payments to Atoconn. We accept the following payment methods:

  • Wire Transfer / Bank Transfer
  • Credit Card (Visa, Mastercard, Amex)
  • PayPal Business
  • International Wire Transfer (SWIFT)
  • Check (for approved clients only)

Payment Terms

  • Standard Terms: Net 15 days from invoice date
  • Early Payment Discount: 1.5% discount for payments within 3 days
  • Late Payment Fee: 1.5% per month on overdue balances
  • Custom Terms: Available for enterprise contracts (Net 30/45)

Payment Instructions

Account Holder: Atoconn System Labs Private Limited

Bank Name: IDFC First Bank

Account Number: 10027655793

IFSC Code: IDFB0040112

SWIFT Code: IDFBINBBMUM

Tax Information - Company Name: ATOCONN SYSTEM LABS PRIVATE LIMITED; GSTN: 27AAPCA3375E1ZJ.

Invoicing Process for Clients

  • Invoice Delivery: Invoices sent via email within 3 business days of project milestone or monthly cycle.
  • Payment Processing: Make payment using your preferred method before due date.
  • Confirmation: Receive payment confirmation and updated account statement.

Supplier Registration Requirements

Guidelines for suppliers receiving payments from Atoconn. Suppliers must complete the following:

  • Complete vendor registration form
  • Provide GSTN or VAT tax form
  • Submit banking information
  • Sign vendor agreement
  • Complete compliance documentation

Payment Schedule for Suppliers

  • Standard Payment Terms: Net 15 days from invoice approval
  • Payment Frequency: Bi-weekly payment runs (every other Friday)
  • Invoice Submission: Submit via supplier portal or accounts.payable@atoconn.com
  • Payment Method: Direct bank transfer

Payment Security

All payment transactions are processed through secure, PCI-DSS compliant payment gateways. We use industry-standard encryption (SSL/TLS) to protect your financial information during transmission.

  • 256-bit SSL encryption for all transactions
  • PCI-DSS Level 1 compliant payment processing
  • Regular security audits and penetration testing
  • Fraud detection and prevention systems

Need Payment Support?

Our accounts team can help with any payment question. Receivables: accounts.receivable@atoconn.com; Payables: accounts.payable@atoconn.com; Phone: +91 9763064887. Business hours Monday-Friday, 11:00 AM to 8:00 PM IST.

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