Marketplace Seller Payment
Introduction
List your items for FREE on TextbookX.com marketplace. For individual sellers, we collect a small fee ONLY when your item sells through the marketplace. There are no listing fees for volume sellers.
Seller Payment Guidelines
TextbookX.com fees per item sold: 15% of item sale price, plus $1.50 for individual sellers. Sellers will also receive a shipping credit based on the method of shipping for the order. The rates of shipping reimbursement are as follows:
Economy Shipping (USPS - Media Mail or equivalent service) |
Upgraded standard mail (USPS - Priority or equivalent service) |
|
---|---|---|
All Product Types | $3.60 for each item | $7.47 for each item |
The Seller Account Balance
A Seller's account balance is determined by the following calculation:
Selling price MINUS TextbookX.com fees PLUS shipping reimbursement.
Seller Payment Options
As a Seller, you have two options to choose from to determine how you are paid for your marketplace sales. You may change your preferred method at any time in Your Account screen, and any pending payments will be adjusted to reflect your new choice. Although the final pay-out dates vary according to the method you choose, all payment methods are initiated on the same schedule, as laid out in the next section.
- Store Credit.The fastest and most valuable method for Sellers is the store credit option. Choose this method and you'll receive your total account balance plus 5%, issued in the form of a store credit code for use on any future purchase or purchases on TextbookX.com. This gift code will continue to increase and decrease in value as you make additional sales and purchases.
- Direct Deposit.You may also choose to have your payment directly deposited into a valid checking or savings account. If you choose this option, you must enter a valid routing and account number, which can both be found on any personal check or deposit ticket, in Your Account screen, after logging in.
Seller Payment Schedule
A Seller's order is scheduled for payment three business days after the final confirmation of delivery to the Buyer, which is registered automatically. The seller's account balance, which includes all scheduled payments, will be paid out on the 7th and 22nd of each month. Volume sellers are paid on the 1st and 15th of each month. You will need to update tracking through your account in order to be paid.
Seller Monthly Sales Volumes
In an effort to protect our Members from fraud, TextbookX.com may impose limits on a Seller's maximum monthly sales. These limits may change from time to time. In the event that this happens, you will be notified and asked to provide additional information.
Seller Account Balance Adjustments
As outlined in our Member Agreement, TextbookX.com reserves the right to make adjustments to your Seller's account balance in the event of a member dispute, fraud or a lack of performance. If insufficient funds exist in the Seller's account balance, TextbookX.com will deduct funds from your credit card. By agreeing to our Member Agreement and its incorporated policies, you agree to allow TextbookX.com to make these adjustments, deductions or credit card charges.