Jump to content
Sign in to follow this  
MegaBytes

Bid or Buy Success Fees

Recommended Posts

MegaBytes

Have the bid or buy success fees changed? According to the success fee chart, items selling between R250 - R5000, the success fee is charged at 4% of item value + R12.50, but the system is currently handling the fee as 4% of item value plus R2.50?

Share this post


Link to post
Share on other sites
retailrush

I haven't heard anything about the fees changing...

 

Remember that the 4% is only on the amount from R251.00 and up. Example if you sell something for R650.00

 

R1.00 - R250.00 @ 5% = R12.50

R251.00 - R650.00 @ 4% = R16.00

Total Success Fee = R28.50

 

I don't know if this helps - but though I would just point it out just in case you have not worked it out correctly. I know I was a bit confused about this in the beginning.

 

Regards

Wendy (retailrush)

Share this post


Link to post
Share on other sites

Please sign in to comment

You will be able to leave a comment after signing in



Sign In Now
Sign in to follow this  

×