Seller Fees
Here is the current fee summary for the Local Trade Network marketplace.
Fee Summary
- Local Trade Network uses a total 5% checkout fee.
- Buyer fee: 2.5%. Seller fee: 2.5%.
- Seller fees are deducted from the completed sale.
- Seller payouts are handled through Stripe Connect.
- Sellers receive funds through their connected Stripe account.
- Pickup happens at the seller's location, and sellers can also offer local delivery if they choose.
Example Calculation
Product Price
$100
Buyer Fee
$2.50
Buyer Total
$102.50
Seller Fee
$2.50
Seller Receives
$97.50
Where the Money Goes
Buyer and seller fees are part of the same checkout flow. Seller payouts are handled through Stripe Connect and sent to the seller's connected Stripe account. Pickup remains at the seller's location, and local delivery can be offered by the seller.