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What do transaction fees mean on Spocket?
What do transaction fees mean on Spocket?
Learn about Spocket's transaction fees
Michael Alarcon avatar
Written by Michael Alarcon
Updated over a week ago

In order to ensure all transactions are processed securely, we use Stripe to process payments online and to ensure PCI compliance. Stripe charges a processing fee of 2.9% + 30 cents, which is added to every successful order.

These transaction fees go directly to Stripe.

For Spocket suppliers who maintain warehouses in the US and China, a 5% transaction fee is also charged to cover the order processing fees related to placing orders with these suppliers.

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