The world needs independent businesses. Learn about the actions we’re taking to address the impact of COVID‑19x

  • Partnership
  • Blog

Commission

Setting up commission fees

As a marketplace administrator, you can choose to charge a transaction fee/commission fees from each paid transaction in your marketplace. The fee can be enabled from the “Side Menu” section.

Side Menu > Extensions > Commission > Enable commission

How do I configure commissions on my marketplace?
  • Go to Side Menu > Extensions > Commission > Enable commission
  • Commission has the following config:-
    • Default Commission
    • Fixed Amount
    • Percentage     
    • Commission Transfer
    • Offline
    • Online (Available only for Stripe connect as of now)
    • Payout Schedule
    • Real Time
    • Later

Note: You are just setting up the default commission from here. You can still go and edit the commission rate for any merchant from the merchant listing page (Side Menu > Merchant)

What kind of commission fee can I charge?

There are two options for transactions fees: you can either charge a percentage of the total transaction price or a minimum fixed fee.

Can I choose not to charge a commission fee?

If you don’t want to charge a fee from transactions, you can always set both the percentage and the fixed fee at 0. You can change the same from the panel.

 

On-Demand 101

  • Client Yelo Academy

    Learn how to start, build and grow a profitable marketplace business.

    Read More
  • Client Yelo Yelo Guide

    Step by step guide to setup your own marketplace with Yelo.

    Read More
  • Client Yelo Blogs

    Stay updated with Industry trends and latest news in the industry.

    Read More
  • Client Yelo Business Ideas

    Get Inspired with these interesting On-demand business Ideas.

    Read More

You have dared to put something new,

Let's build it together

No Coding RequiredNo Setup FeeLaunch in a Day

Save more
in this adversity

Start your online business today!

Get 30% discount on our annual plans Get Started
Jungleworks