One of the key aspects of managing your community on Auxxit is understanding the partner fee structure. These fees enable us to provide a seamless platform for you to connect, communicate, and transact with your community members. In this article, we will walk you through the details of how partner fees work on Auxxit.
Setting Up the Selling Fee
As a partner, you have the freedom to set a selling fee percentage for transactions within your community. This fee, paid by any member making a transaction within your community, represents a portion of the total transaction cost.
Auxxit's Role as Your Technology Partner
To sustain our platform's technical functionalities and support, Auxxit retains the first 4% of the selling fee as your technology partner. This allows us to continually enhance our service and provide an efficient platform where you can grow and manage your community.
Receiving Your Portion
Any amount above the 4% that you set as the selling fee is credited to you. These fees accumulate over each calendar month and are paid out to you at the end of each month, providing a consistent source of revenue for your efforts in cultivating your community.
Additional Fees for Sellers
Aside from the selling fee, sellers within your community will incur a separate fee for the payment processing functionality. This fee stands at 3.25% of the transaction value, plus an additional 35 cents per transaction. This cost covers the processing of payments and ensures smooth, secure, and immediate transactions within your community.
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