Fees & Payment Policy
FEES AND PAYMENTS
- THE NEST GENIE commission fees are as seen below. These fees are inclusive of payment gateway and insurance for each item. See fees breakdown below:
- The Seller will be billed a shipping fee in amount discussed and agreed upon by both parties in the Shipping fees provided in the seller handbook. This will be in effect to this agreement unless otherwise agreed upon between seller and THE NEST GENIE.
25% for furniture, hardware category and appliance category
20% for home decor and accessories, bathroom, beddings and pillows, kitchen and dining, Nest baby, pet care, storage and cleaning categories
15% for anti-covid19 and food category
The fee will be in effect upon receipt of successful registration as a seller unless otherwise agreed upon between seller and THE NEST GENIE. You may contact us thru [email protected] for any inquiries regarding fees.
Consumers or Customers will pay shipping fee if purchase of item sold is below PHP5,000.00. On the other hand, if purchased item is above PHP5,000.00, it will be paid by the Seller.
This will be in effect to this agreement unless otherwise changed and will be notified by THE NEST GENIE should there be any alterations.
Just as The Nest Genie together with you as the Seller give importance to the clients: customers – The Nest Genie wants to ensure that you are given priority and importance as well. What better way is to ensure in payments are in order for your continued patronage and business.
- Payment Method and Terms
- The Nest Genie carries out financial payment reconciliations twice a month, this is every 15th and 30th of the Month.
The following variables need to be considered in costs before arriving to the final payment reconciliation:
- - Price of the delivered items
- - Commission
- - Payment Terms
- - Transport or Shipping Cost
- - Returns
Here are the timelines for better understanding:
12th of the month
26th of the month
27th of the previous month up to the 12th of the current month
13th until 26th of the current month
15th of the current month
30th of the current month
22nd of the month
7th of the succeeding month