DropVendor charges the following types of fees:
- Transaction Fee
- Payout Fee
8.15% + $0.40
DropVendor deducts a fee of 8.15% of the Sale Price from each individual sale of content through the DropVendor platform, plus a flat Transaction Fee of $0.40.
When uploading your content to the File Store, you are able to set the Sale Price -- how much the customer pays -- as well as see a live readout of the amount you make from each sale. This amount is equal to the Sale Price minus the Transaction Fee.
$0.40 per payout
To transfer money from your Payment Account Available Balance to your connected Bank Account or Debit Card, you can issue a Payout from your DropVendor account dashboard. The Payout Fee of $0.40 is deducted from the total Payout amount.
For example, if you have a $35.00 Available Balance in your DropVendor Payment Account, and you want to transfer this to your connected Bank Account or Debit Card, you can issue a Payout. The amount transferred to your connected Bank Account or Debit Card is $34.60 -- your total Available Balance, minus the $0.40 Payout Fee.