Paypal fees, payment processing, and tindie fees?

Sellers
#1

I’m trying to decide between opening my own online store versus selling on tindie. Tindie certainly looks easier, and I only have the one project now so adding it to an existing marketplace would definitely give it more exposure. It’s a bit unclear regarding the fee structure though.

  • 5% for tindie processing fee
  • 2-3% + $0.30 payment processing fee
  • 2.9% + $0.30 paypal fee for disbursement?

My question is if there’s a paypal fee for receiving the disbursement after the payment processing fee. Is there a double hit, or is paypal the payment processing entity and therefore only one of those two is paid?

#2

Good questions (and agreed that is our value add).

There actually isn’t any fee for disbursement - we cover that. There is only the first fee on initial payment by the customer.

Let me know if we can answer any other questions, welcome!

#3

That’s awesome thanks! It makes sense to do it that way, but I wanted to make sure.

When I first had the idea that I was going to try to sell some of my design, I thought it would be a great way to bring in some cash to help advance the project. I estimated a price point, then started working backwards. Incorporation, self-employment tax, monthly banking fees, SSL certificate, shop fees, merchant account fees, domain registration, and possibly needing an accountant at tax time and that’s before I even get to make anything! Looks like tindie can help cut out some of the complexity that’s driving me mad.

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