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INQQY Fees
Joining and opening a shop on INQQY™ is free. Below you will find a clear explanation of the fees associated with selling on INQQY™.
Listing Fees
Listing on INQQY is FREE. You can list an unlimited number of products for free on INQQY™ and they will remain live until they sell.
Applicable Fees
Our fees can be broken down into two parts, a Transaction fee and a Payment Processing fee.
Transaction Fees – 5%+$0.20
When you make a sale through INQQY™ you will be charged a transaction fee of 5% of the display price of each listing and $0.20 per item sold.
The amount billed is a % of the total sale price + flat fee per order for all types of sales, national and international. Fees are billed for $0.20 USD, so if your currency used in the bank account added in the shop settings is not USD, the amount may vary based on exchange rates.
Payment Processing Fees
Stripe Instant Payment system – 1%+Stripe Fees
Payments will be processed via Stripe, this allows us to make instants payments to you on the receipt of your sale. The processing fee for these transactions is 1% + Stripe payment fee.. This is to ensure that we can make instant payments and that the transactions are secure. Stripe’s payment processing fees depend on your country and the country of the buyer, check Stripe’s pricing here.
The amount billed is a % of the total sale price + flat fee per order for all types of sales, national and international. Fees are billed for $0.20 USD, so if your currency used in the bank account added in the shop settings is not USD, the amount may vary based on exchange rates.
PayPal – 2.9%+PayPal Fees
You can choose to be paid via PayPal, please be aware that PayPal payments are not instant and can take between 24-48hrs to be processed. The processing fee for these transactions is 2.9% + PayPal payment fee. PayPal’s payment processing fees depend on your country and the country of the buyer, check PayPal’s pricing here.
The amount billed is a % of the total sale price + flat fee per order for all types of sales, national and international. Fees are billed for £0.20 GBP, so if your currency used in the bank account added in the shop settings is not GBP, the amount may vary based on exchange rates.
Advertising Fees
INQQY offers a large variety of advertising options throughout the network and prices vary depending on demand and other variables. Please email us at ads@inqqy.com with your inquiry and one of our agents will contact you for the best possible solutions for your business or organization.
The advertising slot need to be confirmed and payed to our bank account 7 day prior to the start of your advertising campaign.
INQQY, although we have put in place all reasonable measures to ensure your advertising campaign is fulfilled, we cannot be held responsible to fulfill these duties in case of 3rd party failures, extreme weather conditions affecting services related but not limited to the site or any other unforeseen circumstances.
Paying your INQQY Bill
All Stripe sales are paid instantly so you don’t have to worry about paying. Stripe automatically deducts fees from your sale and deposits the money into you Stripe account, which you can withdraw at any point. In the Stripe Dashboard you can see the amount payed by the customer (net) and the amount to be deposited into your account.
If you are using PayPal as your preferred payment method you payments will be processed and sent to your PayPal account within 24-48hrs of your sale.
Taxes
You are responsible for collecting and paying any taxes associated with using and making sales through INQQY’s services. Please also be aware that when selling products outside of your local regions, your buyers have to pay a customs fee, we recommend that you remind them of this. Check with your local, state and federal tax authorities to determine your parameters for taxes.