Transactions on Maker's Fantasy are easy and secure on our SSL encrypted platform. In order to cover all associated costs of facilitating sales on the marketplace, sellers are charged two fees. They're listed below:
1) Payment Processing Fee-
With regular checkout: 2.9% + $0.30
With PayPal Checkout: 3.49% + $0.49
2) Marketplace Transaction Fee-
4% + $0.25
Read below to learn more about each fee, how it is calculated, and how it is deducted.
Payment Processing Fee- Maker's Fantasy uses third-party payment processors to process payments in the marketplace. A payment processing fee is charged by the payment processor, not by Maker's Fantasy.
When a transaction is made, the payment processor will collect the payment from the buyer and deduct payment processing fees according to their terms and conditions. Once the transaction is complete and the processing fees are deducted by the payment processor, the funds are then made available to Maker's Fantasy.
Transaction Fee- This fee is a commission fee charged after the actual transaction has been completed and payment processing fees have been deducted by the payment processor. From there, Maker's Fantasy deducts transaction fees for the remaining amount. After this, the funds will be made available to the seller for disbursement.