Whatnot's Selling and Processing Fees Whatnot's Selling and Processing Fees

Whatnot's Selling and Processing Fees

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Seller fees are as follows:

  • 8% commission on the sold price of an item when it sells except in the following categories:
  • 2.9% + 30 cents/pence payment processing fee for each transaction
    • Payment processing applies to the subtotal, tax (US and CA), and shipping price paid by a buyer for a given order

These fees do not reflect any active promotions. To see which promotions we’re running, check out these Active Promotions!

Reduced Commission on Electronics 

How are Whatnot’s payment processing fees calculated?

Sellers will be charged 2.9% + 30 cents/pence payment processing for the subtotal + tax (US and CA) + shipping.

Example below:

  • If you sell an item for $25, and the buyer pays $25 + $4 shipping + $2.19 tax. The buyer’s credit card is charged $31.19. 
  • 2.9% will apply to the full amount the buyer was charged ($31.19), for a total amount of $0.90 + 30c.
  • In this example, the increase in payment processing fees is $0.17 on a $25 sale

United States and Canada Process Fees Breakdown

Sale Price

$25.00

Shipping Price

$4.00

Tax (ex: 8.875% in NY)

$2.19

Buyer’s CC Total Charge

$31.19

 

 

Processing Fee 2.9%

$(0.90)

Processing Fee 30 cents

$(0.30)

Whatnot Commission Fee 8%

$(2.00)

Total Seller Fee

$(3.20)

Seller’s Take Home

$21.80

UK Process Fees Breakdown

Sale Price

£100.00

  Shipping Price

  £5.00

Buyer CC Total

£105.00

   

Processing Fee 2.9%

£(3.05)

Processing Fee 30p

£(0.30)

Whatnot Commission Fee 8%

£(8.00)

Total Seller Fee

£(11.35)

FAQ

Is the 8% Whatnot commission charged on shipping and taxes?

No, the Whatnot commission only applies to the amount the seller sold the item for (the buyer’s subtotal).

How can I get a breakdown of the fees deducted from my live sale?

You are able to see the total amount you've earned directly in the Seller Hub!

  • Select the "Analytics" tab on the left side of the page
  • You can view earnings in a selected date range, per live, and the amount spent on promotions

Overall.png

 

Livestream.png

  • In order to see a complete breakdown of fees per order, open the "orders" tab and filter to "completed" at the top of the page. Then select the order you'd like to see and scroll to the bottom of the right sidebar.

Payout.png

 

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