Here’s what you need to know about fees and reporting:
1. Sales Fees:
- We charge a sales fee for each item sold on our platform. This fee is deducted from the total sale price of the item.
- The sales fee may vary depending on the category of the item and any special promotions or discounts.
2. Payment Processing Fees:
- Payment processing fees are incurred when transactions are processed through our payment gateway.
- These fees cover the cost of securely processing payments and may vary depending on the payment method used (e.g., credit card, EFT).
3. Payout Schedule:
- Sellers can request payouts of their earnings at any time, subject to our payout schedule.
- Payouts are typically processed within a specified timeframe, such as weekly or monthly.
4. Reporting Tools:
- We provide robust reporting tools to help you track your sales, fees, and earnings.
- Sellers can access detailed reports in their seller dashboard, which provide insights into sales performance, fees, and other key metrics.
5. Customizable Reports:
- Customize your reports to focus on the metrics that matter most to you. Filter by date range, product category, or other criteria to gain deeper insights into your business.
6. Disputes and Chargebacks:
- In the event of disputes or chargebacks initiated by buyers, sellers may be subject to additional fees or deductions from their earnings.
- We handle disputes and chargebacks in accordance with our policies and strive to resolve them fairly and promptly.
7. Tax Reporting:
- We provide documentation and support to help sellers understand and comply with tax reporting requirements.
- Sellers can access tax reports and documentation to assist with filing taxes in their jurisdiction.
8. Stay Informed:
- Stay informed about your fees and earnings by regularly reviewing your reports and monitoring your account activity.
- If you have any questions or concerns about fees or reporting, our seller support team is here to assist you.
9. Coming Soon:
- A dedicated seller section will be coming soon to TrendyBuy, providing even more tools and resources to help sellers manage their businesses effectively.
At TrendyBuy, we’re committed to providing our sellers with the tools and support they need to succeed. If you have any questions or need assistance with fees or reporting, please don’t hesitate to contact our seller support team. We’re here to help you grow your business on TrendyBuy!