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All the sellers are charged a small amount of MDR fee to cover the payment gateway fee by the service providers for the successful completed orders.
MDR fee is calculated as 2.12% (Inclusive of SST charges) of the final order amount paid by the buyer (inclusive of the shipping fee) rounded up to 2 decimal points.
Shoppymore will deduct the MDR fee automatically from the Sellers’s payout when an order is being completed.
Selling in the Shoppymore marketplace is norms but to enjoy more benefits, we would encourage the Sellers to sell their items in SM Mall.
Shoppymore will charge commission fee on the completed orders from the SM mall sellers. The Commission will be deducted from the seller income when an order is being completed.
The Commission fee are charged according to the category of the items between the range of 2 % - 4.5 % (Before SST).
For Shoppymore Marketplace who ever are non-SM Mall sellers a service fee will be charged when an order has been made. Service fee are subjected to 6% SST.
The Service Fee will be deducted from the seller income when an order is being completed.
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