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TABLE OF CONTENTS

• Introduction
• How You Are Charged
  • Shopify
    • Online Sales
    • In-Store Credit
    • Finding Shopify's Monthly Sales Report
  • eBay
    • Online Sales
    • Other Fees
  • TCGplayer
  • Fee Structure Review and Examples
    • BinderPOS Monthly Fees
    • Shopify Packages
    • eBay Fees
• Other Issues

Introduction

Every month your store will be charged a commission for using and working with/through BinderPOS. Your monthly invoice gives details on how you are charged. This page will delve into the specifics and mechanics of how monthly fees are divided. For more information on understanding and translating your monthly invoice, head to How to Read and Understand Your Invoice.

Commissions are calculated after the month-end, and invoiced in the subsequent month. For example: January's commissions are calculated in February and invoiced in March

In the simplest terms possible, your commission is a fee taken from a small percentage of sales that your store makes only through its online portals. Below you will find these divisions explained.

How You Are Charged

Shopify

Your Shopify commission is 2% of your total Online Sales + In-Store Credit. Sometimes you will notice a discrepancy between your Shopify monthly sales and the 2% commission on your monthly invoice. These discrepancies tend to arise from the difference in how your invoices are created and how Shopify reports your monthly sales. Sales often take a few days to finalize and may carry over into the next month; because you are only charged a fee for your finalized sales, you may notice that you are being charged a percentage that is slightly off of 2%. Please know that this should correct itself by the following billing cycle.

Online Sales

On your invoice, your Shopify sales will be listed under Ecommerce Commission. Any sales you make through your online Shopify portal (your store's website) will be subject to a 2% commission. This is only true for sales made online. This does not include any sales made within a brick and mortar store. Any sales made within your physical store(s) are not subject to any commission charges. 

Each month, your store will only see fees for finalized online sales. This means that if a refund has been issued or if a sale made at the end of the month finalizes at the beginning of the next month, there may be small discrepancies between what you can see on your Shopify monthly sales and what you will see on your monthly invoice. These discrepancies should balance out within the next month, but if there is ever anything that stands out as odd on your monthly invoice, please do no hesitate to reach out to us

In-Store Credit

In-store credit, when issued online, will also makeup part of your monthly sales number in your Shopify monthly report. Because of this, it is also subject to a 2% commission.

Like with your finalized sales, if there are any discrepancies due to refunds or issuing in-store credit, this will most likely be resolved in the following month

Finding Shopify's Monthly Sales Report

If you are unsure of how to check to see how much you are selling in a given month, the following steps should help you:

1. Login to your MyShopify page
2. Click Analytics > Dashboard
3. Find the filter under Overview Dashboard and filter by the month you wish to view
4. Under Total Sales, you will find Online Store
5. Check your online sales for that month and take 2% to find, roughly, your monthly Shopify commission

eBay

Your eBay commission is 2% of your total Online Sales. Sometimes you will notice a discrepancy between your eBay monthly sales and the 2% commission on your monthly invoice. These discrepancies tend to arise from the difference in how your invoices are created and how eBay reports your monthly sales. Sales often take a few days to finalize and may carry over into the next month; because you are only charged a fee for your finalized sales, you may notice that you are being charged a percentage that is slightly off of 2%. Please know that this should correct itself by the following billing cycle.

Online Sales

On your invoice, your eBay sales will be listed under eBay Commission. Any sales you make through your eBay page will be subject to a 2% commission. 

Each month, your store will only see fees for finalized online sales. This means that if a refund has been issued or if a sale made at the end of the month finalizes at the beginning of the next month, there may be small discrepancies between what you can see on your eBay monthly sales and what you will see on your monthly invoice. These discrepancies should balance out within the next month, but if there is ever anything that stands out as odd on your monthly invoice, please do no hesitate to reach out to us

Other Fees

It is important to note that eBay will charge additional fees aside from the standard commission. These are:

• Insertion fee of $0.35 per listing
• Final Value Fee of 13.25% (up to $7500) + an additional 2.35% (15.60% if the price goes over $7500, but specifically for TCG/CCG listings)

TCGplayer

Your TCGplayer commission varies. The variance in commission costs are wholly dependent upon the store type and any additional programs that are being participated in. It is important to note, however, that these fees are capped at $50 per product sold. For example, if there were an order placed that contained 2 $1000 cards, the store would pay a total (commission and potential additional fees) of $100, $50 for each card.

While TCGplayer does not include taxes in the overall payment that commissions are charged from (whether cash or debit card), other parties, such as credit card companies or PayPal, do include taxes when determining fees. Therefore, this amount is used by TCGplayer to cover the added processing costs incurred by including these parties.
 
To clarify: 
Cash or Debit Card commission fees will be taken from the order's subtotal (item amount + shipping costs)

Credit Card commission fees will be taken from the overall total (item amount + shipping costs + taxes)

The table below lists the commission rates for the varying seller types and add-ons:

* International Orders has a CC processing fee of 3.5% + $0.30

For more information on TCGplayer fees and how they are charged, check out TCGplayer Fees

Fee Structure Review and Examples

BinderPOS has varying fee structures associated with where you sell your TCGs:

BinderPOS Fee Structure Example Chart

There are additional fees that sellers will be charged, in addition to the BinderPOS Sync and Commission fees in the above table. These fees vary based on the agreements and relationships the seller has with independent third party providers. 

The below table shows the related fees using an example of a seller with a $10 order and the various fees they would be charged based on which channel the sale occurs in. These fee ranges are only a representation and are not totally inclusive of all additional charges the Seller could incur through their third party relationships.

Example of BinderPOS fee and commission structure using $10 Card Sale

BinderPOS Monthly Fees

Basic - $100

Pro - $150

*The TCGplayer 9.25% Commission Fee takes into consideration the 1% discount for purchasing BinderPOS. The standard Commission Fee for all other Sellers is 10.25%

**These fees are separate from TCGplayer BinderPOS fees. They vary and are determined by the Seller’s agreements and relationships with third party companies.

Note: Shopify is required in order to use the BinderPOS product. If the seller does not have a Shopify account, TCGplayer will facilitate this to create the website. If they have an existing Shopify account they can sync that to BinderPOS (as long as it is not a Starter or Retail account).

Shopify Packages

• Basic Plan- $29/monthly fee
  • 2.9% + $0.30 per transaction for online purchases (cc rate)
  • 2.7% for physical purchases
  • 2% fee if you use a non-Shopify payment gateway
• Standard Plan- $105/monthly fee
  • 2.6% + $0.30 per transaction for online purchases
  • 2.5% for physical transactions
  • 1% fee if you use a non-Shopify payment gateway
• Advanced Plan- $299/monthly fee
  • 2.4% +$0.30 per transaction for online purchases AND in-store purchases
  • 0.5% fee if you use a non-Shopify payment gateway
• Shopify Starter- Cannot be combined with BinderPOS
• Shopify Retail- Cannot be combined with BinderPOS
• Shopify Plus- for enterprise level sellers (10,000 orders/minute) 
  • Minimum cost $2000 but increases from there based on needs

eBay Fees

• Insertion Fees- $0.35 per listing
• Final Value Fee - 13.25% (up to $7500) then +2.35% (if price goes over the $7500) (specific to TCGs)
• No separate credit card transaction/processing fees

Other Issues

If you have encountered any other issues or have any other questions not specifically addressed on this or on a connected page, please send us an email with your inquiry at accounts@binderpos.com