What are Shoppable Marketplace Fees?
Shoppable Marketplace fees are charges collected from a seller for each item posted or sold online, regardless of whether or not the item sells.
Listed below are Shoppables Marketplace fees.
Subscription Fees: Seller pays a recurring monthly fee in exchange for using the Shoppable Platform and enjoys access to additional features of the site.
Shoppable Referral fees: Fees charged to the seller every time a product is sold. It is charged at 3.36% to 11.20% of the total sales price.
Shoppable Payment Fee: Payment fees cover the cost of the processing fees for orders paid using the electronic payment gateway charged at 2% plus 12% VAT or 2.24%
Check/ Bank Deposit Fees: For orders that payment is made directly to Shoppable Bank Account. This covers both manual check deposits and bank transfers online transactions, currency charged at P50.00/ check payment