Processing Fee

The Processing Fee is a comprehensive charge applied to all successful transactions completed on the Jompilih platform. This fee consists of two components:

  1. Marketplace Commission Fee: This portion of the Processing Fee is allocated toward enhancing platform services and features, optimizing customer support, expanding international export opportunities, and strengthening targeted Seller support programs. It ensures that Jompilih continues to improve and provide value to its sellers and buyers.
  2. Transaction Fee: This fee is charged to Sellers for each successful order placed by Buyers, covering the costs of processing an order and ensuring that secure and reliable payments are facilitated between Buyers and Sellers.

All Sellers selling through Jompilih's Marketplace platform will be subject to the rates outlined in the following rate card:

Categories Processing Fee
All categories 8.5%

How is the Processing Fee calculated?

Example 1  (Jompilih Supported Logistics)

Scenerio 1 Calculation
Product Price RM100.00
+ Shipping Fee (Jompilih Supported Logistics) RM10.00
Customer Charge RM110.00
- Processing Fee RM100 x 8.5% = RM8.50
- 2.5% Transaction Fee for Shipping Charges (Absorbed by Jompilih) RM10 x 0% = RM0.00
Seller Receives RM110 - (RM10 + RM8.50 + RM0.00) = RM91.50

Example 2  (Non-Jompilih Supported Logistics)

Scenerio 2 Calculation
Product Price RM100.00
+ Shipping Fee (Non-Jompilih Supported Logistics) RM10.00
Customer Charge RM110.00
- Processing Fee RM100 x 8.5% = RM8.50
- 2.5% Transaction Fee for Shipping Charges RM10 x 2.5% = RM0.25
Seller Receives RM110 - (RM8.50 + RM0.25) = RM101.25

Was this article helpful?
Copyright 2024 © Wavepecker Plt (LLP0034587-LGN). All right reserved.