Got2bcre8tv Vendor Payments and Fees Policy
Updated 09/12/2020
Sellers may be charged for using some of Got2bcre8tv Marketplace’s services. This Fees & Payments Policy explains your fees and taxes and how to pay them.
This policy is a part of our Terms & Conditions. By opening a Got2bcre8tv Marketplace shop, you are agreeing to this policy and our Terms & Conditions.
Vendor Membership Fees
The monthly fee for a Got2bcre8tv Marketplace Membership is access on a monthly, semi-annual, or annual basis. Got2bcre8tv Marketplace Plus membership fees are deducted from your payment sources on file with us at the time the fee is due.
Auto-renew. Subscriptions will auto-renew unless canceled prior to authorization. You can cancel your Got2bcre8tv Marketplace subscription anytime by emailing info@got2bcre8tv.com Subject Line: Membership Cancel. You will have access to your Got2bcre8tv Marketplace subscription until the end of that membership cycle, and your final day of access will be identified. After your Got2bcre8tv Marketplace membership has ended, your shop will be hidden/removed, and you will no longer have a membership fee charged to you. |
Vendor Payments/Payouts
Got2bcre8tv Marketplace Payments enables sellers to accept various forms of payment in US Dollars while using Got2bcre8tv Marketplace’s services. Sellers registered for Got2bcre8tv Marketplace Payments can accept payment by credit card, debit card or PayPal. In order to receive instant payouts sellers must use PayPal Payout/Stripe Connect.
To utilize the PayPal or Stripe Connect third-party service, sellers must create an account with PayPal or Stripe and follow all direction for setting and verifying account information before payouts.
Setup and initial payouts may take a few days to set, this may also be the case for changes in your payout account. The time it takes to complete your payout account is subject to the terms provided by the third-party payment processor.
Payment Processing Fees
Online Sales. Got2bcre8tv Marketplace shops may use Got2bcre8tv Marketplace Payments to accept certain payments through Paypal/Stripe. Vendor will be responsible for the payment processing fee charged by third party service. Got2bcre8tv Marketplace does not charge an additional payment processing fee.
Types of Fees
Sellers may be required to pay the following types of fees. Please note that all fees are listed exclusive of any value-added tax (VAT) that may apply. See the Taxes section below for further details.
Listing Fees
We do not have any product listing fees. All product listings are free of charge subject to transaction fees as stated in the Transaction Fees section.
Transaction Fees
When you make a sale through Got2bcre8tv.com, you will be charged a product transaction fee of 3.5% of the price you display for each listing. The transaction fee will apply to the listing price. If you offer optional personalization for an additional fee, the additional fee for personalization is added to the listing price you display, and the total display price is subject to the same transaction fees described in this Section. See the Taxes section below for more information about whether you are required to include applicable taxes in your listing prices. Transaction fees are deducted from your current balance as each sale occurs and are reflected in your payment account.
If sales made through the Got2bcre8tv Marketplace Bookstore a product transaction will not be assessed. Media can be sold via outside source via a commissioned affiliate link provided to Got2bcre8tv Marketplace.
Advertising and Promotional Fees
Got2bcre8tv Marketplace offers multiple services to help you advertise your listings and promote your shop. Random features are at no charge. Additional Advertising and promotional fees vary by opportunity and will be clearly outlined before you commit to purchasing an ad. Advertising and promotional fees will be charged to you at the time of commitment.
Shipping Fees
Got2bcre8tv Marketplace allows vendor to set shipping fees via shop. It is your responsibility to stay abreast of current shipping fees, which will be sent to you with your transaction.
Fee Avoidance
Any action by a seller to avoid paying a fee is considered fee avoidance and is strictly prohibited by Got2bcre8tv Marketplace. This includes, for example, encouraging buyers to purchase an item in your Got2bcre8tv Marketplace shop through another venue. A transaction initiated on Got2bcre8tv Marketplace may not be completed outside Got2bcre8tv Marketplace. The price stated in each listing description must be an accurate representation of the sale. Sellers may not alter the item’s price after a sale for the purpose of avoiding Got2bcre8tv Marketplace transaction fees, misrepresent the item’s location, or use another user’s account without permission.
Paying your Got2bcre8tv Marketplace Fees
Got2bcre8tv Marketplace will automatically deduct all fees owed from your transaction immediately and the remaining fees will be forwarded to your connected account.
Taxes
If required, you are responsible for collecting and paying any taxes associated with using and making sales through Got2bcre8tv Marketplace’s services as an independent business owner. Got2bcre8tv Marketplace will issue 1099-Misc forms to certain sellers to comply with IRS and state requirements.
Listing your items on Got2bcre8tv Marketplace
As an independent business owner Got2bcre8tv Marketplace is not required to collect sales tax/VAT on your behalf. You are solely responsible for ensuring that all your listings are properly categorized, and you agree to indemnify Got2bcre8tv Marketplace for any losses it incurs in connection with any mis categorization of your listings by you.
Please remember that Got2bcre8tv Marketplace’s fees do not include any withholding taxes that might apply in your home country. You are required to pay Got2bcre8tv Marketplace the full amount of our fees and may not deduct any applicable withholding taxes from that amount.
Please also note that some countries require Got2bcre8tv Marketplace to apply VAT on the fees that you may be charged in accordance with this policy, and that the fees listed in this policy are exclusive of VAT.
Digital VAT Fees
As an independent business owner, you may be required to collect and remit VAT to the relevant tax authorities when you sell a digital item delivered via automatic download to the buyer.
Contact Us
In order to resolve a dispute regarding the Site or to receive further information regarding use of the Site, please contact us at:
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