Selling Commission & Fees
At ygmcollections.com, we offer a simple and transparent fee structure, ensuring that you can sell your valuable collectibles without any hidden costs.
1. Listing Fees
- Free to List: There are no upfront fees to list your items on YGM Collections. You can upload as many items as you want, free of charge.
2. Transaction Fees
- 3% Commission: We charge a flat 3% commission on the final sale price (excluding shipping fees). This commission is only deducted once your item is successfully sold.
Example: If you sell an item for ₹10,000, we will deduct ₹300 as the transaction fee, and you will receive ₹9,700.
3. Payment Processing Fees
- 0% Payment Processing Fee: We do not charge any additional payment processing fees. You only pay the 3% transaction commission when your item is sold.
Payout Process and Timeline
After a buyer confirms that they have received the item and are satisfied, we initiate the payout process. Our payout cycle operates on a 1-3 day schedule from the time the buyer confirms receipt. This allows us to verify the transaction and ensure that both parties are satisfied with the sale, providing a secure and reliable transaction experience.
Sellers are eligible for a payout once their account reaches a minimum payout threshold of ₹500. Once this amount is accumulated, your payout will be processed and transferred directly to your bank account through UPI.
Payment Confirmation
We prioritize safety for both buyers and sellers. Payouts are processed only after the buyer confirms that the item has been received and is satisfactory. This confirmation ensures a smooth and secure transaction, reducing the risk of disputes or fraudulent activity.
Why Sell on YGM Collections?
- No Upfront Fees: Listing your items is free, and you only pay a small 3% commission when your item sells.
- 0% Payment Processing Fees: You don’t have to worry about any additional payment processing fees, keeping more of your earnings.
- Secure Transactions: Payment is released only after the buyer confirms receipt, ensuring a safe transaction for everyone involved.
- Transparent Payouts: Your payouts will be processed within 7-14 days after buyer confirmation, with a simple and clear fee structure.
Start selling your collectibles on YGM Collections today! Enjoy a straightforward, secure, and cost-effective process to connect with buyers and grow your sales.
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