How will I receive payment?

Payments will process within 1 minute of the transaction 

 

  • Once a customer purchases an item, the Seller will immediately receive the nett balance of the purchase amount and shipping costs, less the commission fees and Stripe transaction fee into their Stripe Account. This will be instantly viewable by the Seller on their Stripe Dashboard.
  • Payouts to the Sellers business or personal bank account will also be automated by Stripe through their Stripe account. This can take up to 7 days on new accounts.
  • Please ensure you change to manual payouts on your Stripe account so that you can ensure some money is kept in your stripe account for refunds.
  • Transaction fees will be charged by Stripe at the point of sale and will be automatically deducted from the amount being deposited to the Seller Stripe Account.
  • The Seller shall be responsible for their own VAT charges, payments and all matters associated with VAT relating to the sale of their goods.