PayU Paisa – payment withheld worth 118000.

i sold three iphones to my two clients and requested the payment thorugh email invoice using the paisapayu.in.
Transaction details are as follows

Merchant Details
Name: debasis pandit
Source: Invoice
Address: ssr-7, nac market, koelnagar,
Orissa rourkela 769014
,
Customer Details
Name: debasis mitra
Email: bizonline2009@gmail.com
Phone: 9620416240
Payee Information
Merchant Transaction Identifier:
000001
Product Description:
payment transfer
Payment Details
Paid By: debasis mitra
Paid to: debasis pandit
Payment ID: 803472 Status: Settlement in Process
Suborder ID: 000001
Date
Action
Status
2013-11-12 12:35:10
Transaction Initiated
Initiated
2013-11-12 12:41:54
Money Released to PayU Paisa
Money with PayU Paisa
2013-11-12 12:41:48
Customer Released The Payment
Settlement in Process
Amount : 78000
Transaction Details
Transaction Added on:
2013-11-12 12:40:01
Source Reference Id
54382327
Source Type :
PAYU
Payment Mode
CC

Merchant Details
Name: debasis pandit
Source: Invoice
Address: ssr-7, nac market, koelnagar,
Orissa rourkela 769014
,
Customer Details
Name: payal mittal
Email: payal_mittal.cse@hotmail.com
Phone: 9595762843
Payee Information
Merchant Transaction Identifier:
000002
Product Description:
iphone 5s 16gb gold
Payment Details
Paid By: payal mittal
Paid to: debasis pandit
Payment ID: 806134 Status: Settlement in Process
Suborder ID: 000002
Date
Action
Status
2013-11-14 00:50:26
Transaction Initiated
Initiated
2013-11-14 11:55:38
Money Released to PayU Paisa
Money with PayU Paisa
2013-11-14 11:58:05
Payment Release Requested
Payment Release Requested
2013-11-14 11:59:18
Customer Released The Payment
Settlement in Process
Amount : 40000
Delivery Details
Delivery Details Uploaded by :
debasis pandit
Delivery Details Uploaded at:
1384410485000
Delivery Details Description :
iphone 5 imei no : 01 335100 187911 5
Transaction Details
Transaction Added on:
2013-11-14 11:52:23
Source Reference Id
54786665
Source Type :
PAYU
Payment Mode
CC

now the problem is that the company has stuck both the payments saying that the transactions are at high risk. now my 118000 is stuck. they said they will refund the account in another 7-8 days. but who is going to bear the loss for that as i have to pay it through my pocket and then make other arrangements for the payment as the client will repay me back when they will get a refund which is another matter of 10 days. so i think payupaisa is kind of cheating people so that they can have access on the money for some days. its kind of getting a loan without interest. please do look into the matter.

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