Beginning October 1, 2020, Mercari will implement a 2.9% + $0.30 payment processing fee for sellers on all completed transactions, based on the sold price.
What’s a payment processing fee?
Processing fees are charged by payment service providers to securely process and complete financial transactions. These fees can range depending on the type of: (1) transaction and (2) payment method used.
Payment processing is usually arranged and contracted between a seller and the service provider directly. Mercari handles the processing and collects a consistent fee once each transaction is completed.
It is important to us that our sellers have competitive and transparent pricing so all users know exactly what fees are being applied.
As always, there will be no listing, monthly, or hidden fees. All cards and payment methods will be charged the same payment processing fee, including American Express, Visa, Mastercard, Discover, Apple Pay, and PayPal. The processing fee is also applied when the buyer uses Mercari credit or their balance.
Why is Mercari charging a payment processing fee?
We’re working hard to give you the best Mercari experience. Over the past year, we’ve added digital authentication, competitive shipping fees, and more ways to sell and ship from home. We’ve added a new processing fee so we can keep supporting our users with improved selling and shopping experiences.
When does a seller pay the fee?
The seller will pay a processing fee once the transaction is complete. It will be deducted from the seller’s earnings as the “processing fee” along with the 10% selling fee. If a transaction is cancelled or an item is returned, currently the seller does not pay a processing fee.
Example for item priced at $100
How are payment processing fees applied?
A processing fee is applied based on the item’s sold price. The processing fee doesn’t apply to separately stated taxes or shipping charges. If a seller creates a listing with multiple items, the payment processing fee is applied to the total amount of all the items sold.
The buyer isn’t impacted by the payment processing fee.
The payment processing fee is only required on completed transactions. It doesn’t apply to cancelled orders or listing an item.
We’ll charge a payment processing fee for all sold items listed on or after October 1, 2020. The processing fee will only be charged once the transaction for each new listing is complete.
What happens to my old listings created before October 1, 2020?
The processing fee won’t apply to listings created before October 1 until November 1, 2020. Any item that is sold on or after November 1, 2020 will have a payment processing fee.
Will I be charged other fees?
Mercari charges fees for other services we provide. To review other fees please check out our Fees on Mercari.
Please review our updated Terms of Service for more information.