Fees & Payment Policy
FEES AND PAYMENTS
- THE NEST GENIE service fees will differ per category & year. These fees are inclusive of payment gateway and insurance for each item
- 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.
To know the latest set of service fee rates per category, please send us an e-mail to [email protected].
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
- - Service Fee
- - Payment Terms
- - Transport or Shipping Cost
- - Returns
Here are the timelines for better understanding:
15th of the month
30th of the month
1st of the current month up to the 15th of the current month
16th of the current month until 30th/31st of the current month
20th of the current month
5th of the succeeding month
25th of the month
10th of the succeeding month