Fees and Payments Policy
Fees and Payments Policy
Sellers may be charged for using some of Streetsville Marketplace’s services. This Fees & Payments Policy explains your fees and taxes and how to pay them.
Types of Fees
Paying Your Streetsville Marketplace Fees
Streetsville Marketplace Payments
Streetsville Marketplace Gift Cards and Streetsville Marketplace Credits
- 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 (HST) that may apply. See the Taxes section below for further details.
Seller Profile Fees
In 2020, there will be not be a fee to create a Seller Profile on the Streetsville Marketplace. This can change in 2021 and will be decided by the Streetsville BIA Board of Directors upon planning their 2021 budget. You will be notified by email, 30 days in advance if fees have been changed.
When you make a sale through shopstreetsvillebia.com, you will be charged a transaction fee of 4.4% plus 30 cents off your sale, (2.9% plus 30 cents collected by a third-party Stripe and an additional 1% collected by a third party Shopify and an additional 0.5% by the Streetsville BIA). The BIA must charge a commission off the sales transaction with this application service because the BIA cannot collect HST. Your store is solely responsible for deciding weather or not you are charging HST. The transaction fee will not apply to Goods and Services Tax ("GST"), or Harmonised Sales Tax ("HST"), unless you have included those charges in your listing price. Transaction fees are deducted from your current balance as each sale occurs.
You, the seller are solely responsible for all of your delivery fees and packaging.
- Paying your Streetsville Marketplace Fees
Streetsville Marketplace can be paid by Cheque to the Streetsville BIA or by e-transfer to firstname.lastname@example.org
Streetsville Marketplace may suspend your selling privileges at any time pending payment of your outstanding balance.
- Streetsville Marketplace Payments
Streetsville Marketplace Payments enables sellers to accept various forms of payment in their local currencies while using Streetsville Marketplace’s services. Sellers registered for Streetsville Marketplace Payments can accept payment by credit card, debit card, PayPal, some bank transfer services, Apple Pay and Google Pay. Payments are collected by Stripe.
Sellers using Streetsville Marketplace Payments are also subject to the Streetsville Marketplace Payments Policy.
You are responsible for collecting and paying any taxes associated with using and making sales through Streetsville Marketplace’s services.
- Streetsville Marketplace Gift Cards
The Streetsville Marketplace does not provide gift cards. You as a Seller are responsible for selling your own gift cards and creating policies affiliated with them.