It is important to ensure your profit margin is set up prior to launching your webstore. When you set up a product, you will also set your profit.
You are able to set a fixed price, fixed percentage, or fixed sales price. The system will automatically calculate the sales price (the cost to your customer) and your profit!
Although your customer will make a payment directly to us, the transaction will be white-labeled to reflect your store name.
How are the funds disbursed?
Disbursements are done on a store level, not an account level. If you have multiple stores, you will receive multiple correlating disbursements.
Before your store goes live, you will be required to set up a payment method as well as a remittance address for a mailed check. All disbursements will be automatically issued via check.
The disbursement of profit will automatically occur within the first business week of a new month and will hold all profits collected within the previous calendar month for any amounts at or above $100.
If your profit is under $100, it will be disbursed at that start of a new month once your store has met that threshold.
In the event there is a negative balance on your account (ie. you operate a gift store) your payment method will be automatically charged within the first business week of a new month
In the event that you reflect a profit, as well as money is owed, the difference in the balance will be processed. For example, if your profit is higher then the money owed for gift / discount codes, the difference will be distributed to you.