High Value Loss Reimbursement Policy

What this means for buyers:

In order to maintain a trustworthy marketplace where people feel secure and protected in their purchases, Whatnot will reimburse buyers at the market price of a high-value hit card if it is missing. 

In order to receive a reimbursement, Whatnot must be contacted within the following required timeframes set forth in our return policy.

Whatnot will be monitoring for potential abuse of the process and may decline reimbursement if there is a pattern of refund abuse

What this means for sellers:

Sellers are responsible for ensuring buyers receive exactly what they bought, on time and as advertised. Sellers must request an insured label, where available, for any package with contents totaling $1000 or more. 

Whatnot is monitoring the frequency of reports of missing high-value cards. Repeated instances of missing hit cards will result in account suspension or ban. 

Sellers will be accountable if a buyer didn't receive exactly what they bought due to a mistake (or theft) by a seller's employee. In the event of misconduct, sellers will be financially responsible and may be billed back the market price of the item. We recommend sellers invest in training employees on packaging and shipping on time. We also encourage sellers to install cameras in your fulfillment facility to guard against employee theft.