The processing fee is fixed at 3% regardless of your status as a seller. For each time a transaction is made StockX collects 8% to 9.5% depending on seller's level and a 3% processing fee of the sold price. The new luxury import fee on StockX could drastically change seller behavior. Not now. Today, chargebacks represent a real and growing financial threat to merchants, costing them both merchandise and revenue. Fifteen percent of the company's buyers were international, as of September 2018. Our new model means that you will continue to see the lowest Ask price of a product, with any applicable fees included, whether that item comes from Canada or further afield. Luber has repeatedly said publicly that StockX … Read about their experiences and share your own! There is not a minimum fee for Trading Cards, but the maximum fee is capped at $4.95. Prior to the company's expansion into Europe, StockX only advertised in the United States and accepted U.S dollars. StockX does take out a transaction fee starting at about 10%, but as your seller level increases, the percentage decreases. StockX revealed a new processing fee to customers today that will be added to the purchase price of an item. | Read 101-120 Reviews out of 6,232. Processing fee and percentage high if that’s not fixed lots of competitors are coming in the market to bear y’all with your service with less processing fee … If you’ve placed a bid before April 22nd, it won’t be subject to the fee. What are StockX selling fees? StockX charges a three-per-cent fee for payment processing to all sellers and a transaction fee dependent on how much you use your account and the item you're selling. There's already 9% (depending on your level) charged to sellers, plus a 3% payment processing fee. Type your question or select a specific issue type below. An occasional credit card chargeback is bad enough, but the overall number of customer disputes has skyrocketed in recent years. Chargeback fees are an unfortunate part of every retailer’s life. Number of Views 335.34K. What is an Ask and how do I sell on StockX? StockX will be implementing a 3% processing fee on all bids after April 22. Number of Views 2.18K. Personally it's getting to a point where doing business with StockX doesn't make much sense. For all StockX sales there is a 3% payment processing fee, as well as a transaction fee that is dependent on the level of your seller account and the item you are selling. Chargeback Fees Explained (plus How Merchants Can Avoid Them). What are StockX selling fees? Buyers will be subject to an extra three-percent processing fee to their purchase while any bids that are placed prior to the aforementioned date will not be affected. Buy and sell the hottest sneakers including Adidas Yeezy and Retro Jordans, Supreme streetwear, trading cards, collectibles, designer handbags and luxury watches. StockX makes money by collecting a 3% processing fee, plus transaction fees that range from 9.5% for sneakers and streetwear to 14.5% for handbags. Please visit the official website for more information. Every seller will pay a 3% payment processing fee and a seller fee. Due to delays with our shipping carrier partners, your order may be subject to delays in payout and delivery. Other Important stuff: Transaction fee still applies. So as a buyer, what am I getting for this additional 3%? The company makes money by taking a commission of 8 percent to 9.5 percent on each sale plus a 3 percent processing fee. Here at StockX, we’re always working towards delivering a better experience for our customers around the world. As of that day, the company will be tacking on a 3 percent processing fee to any purchases made on its app, on top of the $13.95 shipping plus tax it already charges to customers in the U.S. Outside the states, where StockX already has processing … You proceed to pay only for you to realise that the processing fee is $65 and immediately felt the need to turn off your device ? Worse customer service and random fakes they let through (and never own up to missing)? Today, we are excited to launch a new marketplace update designed specifically for our European users. The commission fee can increase to 15% + seller fee and a maximum of 25% + seller fee depending on the number of seller cancellations and verification issues, as described in more detail below. StockX’s Frequently Asked Questions page further explains the fee, stating the minimum fee charged will be $4.95 and the maximum fee is capped at $29.95. Not ever. How are the StockX buyer processing fees, import duties, and sales tax calculated? This new update allows us to match European buyers with European sellers to significantly reduce processing fees. The minimum processing fee for US orders will be $4.95 USD and the maximum fee … How are the StockX buyer processing fees, import duties, and sales tax calculated? Contact Us Contact Us. It applies the transaction fee from the final price of your sale. While StockX is undoubtedly very popular, some people find the processing and transaction fees to be high. Seller fees depend on how many sales you’ve had. Information on the Buyer Processing Fee Change April 2020. StockX charges a 3% payment processing fee and transaction fee based on your seller account level and the item you are selling. Your seller level will increase as you sell more on StockX. Starting April 22nd, all StockX buyers in the US will be charged a 3% processing fee. This will go into effect on April 22nd. Terms and Conditions apply. Today, StockX, the popular reselling platform, announced via email that they will be adding a new 3% Processing Fee to all purchases. The transaction fee is taken from the final price of your sale. If you have no history with StockX, it’ll charge you a 9.5% fee. However, StockX is adding new fees in April which could change shopping habits. For … All Buyers will be charged a 3% Processing Fee which only applies to your Bid or Buy Now amount.