Here at myroast™, we like to keep things simple - this includes fees. You won’t find variations in selling plans, with all sellers offered the same benefits, tools and features to inform your strategy and grow your brand.
Read More: Admin Fee Policy
Our current structure means you won’t see subscription fees, listing fees, fulfilment fees or other fees like other platforms, which quickly see your profit margins eroded.
Instead, we simply charge an admin fee upon transaction, which helps to cover the costs associated with maintaining the marketplace, including payment processing, support and ongoing platform development.
Read More: See our current admin fee per category here.
When you setup your seller account, you will provide bank account information. Proceeds from any sales (less admin fee) will be dispersed to the nominated bank account upon request for withdrawal, or at times agreed between the seller and MyRoast.
Note that the seller also has an option to create and connect a Stripe Connect 'Express' account for receiving proceeds, however in doing so the seller agrees and accepts the terms of Stripe and note it will incur a monthly account fee and transfer fee. More information on the monthly account fee and transfer fee can be found here.
The admin fee is only charged on successful transactions. The admin fee will be deducted from the proceeds of sales, prior to distribution to the sellers nominated bank account.
