We make the fastest payments in the industry. You get paid within the next 7-10 business days from the date of order dispatch. You decide the price of your products and we charge you a small fee on the successful orders you make.
Item | Amount (Rs.) |
---|---|
Selling Price (decided by you) | 1500 |
Commission Fee (varies across sub-categories/verticals) | 150 (assuming 10%) |
Shipping Fee (Local shipping , weight 500 grams) | 40 |
Collection Fee (2 % on the Order item value) | 30 |
Fixed Fee | 30 |
Total Marketplace Fee | 250 |
Service Tax (15% of Marketplace Fee including Swachh Bharat & Krishi Kalyan cess) | 37.50 |
Total deductions | 287.50 |
Settlement Value(Amount credited to you) | 1212.50 |
To ensure ease of selling and the best possible customer experience, we mandate delivery to all customers via our logistics partners and deduct the shipping cost from the selling price before making a payment to you.
Shipping fee is calculated on actual weight or volumetric weight, whichever is higher. This is to account for items which are lightweight but occupy a lot of shipping space.
Volumetric weight is calculated as below.
"Volumetric Weight (kg) = L*B*H (Length x Breadth x Height)/5000 where LBH are in cm"
The following rates are exclusive of all taxes.
Weight slab | Local (Intracity) in Rs. |
Zonal (Intrazone) in Rs. |
National (Interzone) in Rs. |
---|---|---|---|
0.0 Kg - 0.5 Kg ( For every 0.5 kg ) | 40 | 50 | 65 |
0.5 Kg - 5.0 Kg ( For every 0.5 kg ) | 30 | 40 | 50 |
> 5.0 Kg ( For every 1 kg ) | 10 | 15 | 20 |
Local (Intracity): Item shipped within a city.
Zonal (Intrazone): Item shipped within the borders of a zone (North, South, East, West)
National (Interzone): Item shipped across zones