FAQs on Payments and Fees
What you need to know about Payments and Fees
Q1: What payment methods can I use on Vending Village?
A1: Currently all transactions are handled by Stripe using any major credit card such as Visa or Mastercard.
Q2: When are payments released to sellers?
A2: Payments are released to sellers immediately after the buyer gives final approval that they've reached an agreement with the property manager of the purchased location.
Q3: How are transaction fees calculated?
A3: A transaction fee is charged only when you make a sale. We charge a flat $100 plus a 3% transaction fee. For example, if you list a location for $1000, you will receive $870 ($1000, less $100 flat fee, less $30 transaction fee) upon a sale.
Q4: Is my financial information safe on Vending Village?
A4: Yes, we partner with Stripe to ensure that all financial transactions and personal data are kept secure using the highest possible security methods available today.