Snapdeal has launched industry's first Instant Seller Sign-up feature to offer a seamless on-boarding process for sellers on its platform. Under this tech enabled initiative, sellers need to simply provide their GST Identification Number (GSTIN) and other key seller details will be auto-populated using tech integration with the government’s GST network.
Instant Seller Sign-up feature is a transformative tool because the use of automated GSTIN verification process eliminates all manual verification steps. This will lead to a significant drop in the instances of seller rejection in the onboarding process.
In the earlier process, any errors made in manually filling in key details like PAN, company name, address etc. would lead to rejection of seller on-boarding attempt.
In addition to their GSTIN, sellers need to only provide basic information like contact details, email and bank account details in which they will receive payments.
Speaking on the development a Snapdeal Spokesperson said, “Seller experience is a key parameter that we track. With this automation, the time taken for seller sign-up will reduce from 28 hours to less than a minute. New sellers can now start their sales on Snapdeal within 10 minutes of sign up.”