What they charge?
Are you new to online software selling? How much do you think you will make when you sell a copy of your software that worth $100?
$99? Wrong!
$95? Wrong!
$90? Wrong!
$80? Wrong!
$50? Wrong!
$40? Still wrong!
Let's take example of a $100 order placed via PO by your customer. In this case Plimus will charge $3 from customer and another $15 from vendor for a thing they call 'manual processing fee'.$99? Wrong!
$95? Wrong!
$90? Wrong!
$80? Wrong!
$50? Wrong!
$40? Still wrong!
Also, every time a customer purchases something from you and pays via WireTransfer (very popular in EU), the bank on Plimus' side will charge a fee for wire transfer (up to $30) even if the customer is from EU where the wire transfer fee is $0. The fee will be deducted from the amount the customer sent. This means that when amount arrives to you, it will be short with about $30.
Customer places PO order ($100)
Customer makes payment via WireTransfer ($100+ $3 Plimus PO fee)
Bank (customer side) send money without fee ($103)
Bank (Plimus side) receives money and charges a fee ($103-$30)
Plimus receives money ($73)
Plimus holds PO fee ($73-3= $70)
Plimus holds PO fee ($73-3= $70)
Plimus charges standard commission (-5$ = $65)
Plimus charges PO fee ($65-15= $50)
Plimus charges PO fee ($65-15= $50)
Plimus sends money to vendor via WireTransfer and charges for transfer ($50-$18)
Vendor receives money ($38)
Vendor pays income tax to government($38- 30$= $26.6)
Well, this is a worst case scenario, where the customer pays via PO. You can hope for better customers.
Vendor pays income tax to government($38- 30$= $26.6)
Well, this is a worst case scenario, where the customer pays via PO. You can hope for better customers.
Related post: http://thesunstroke.blogspot.com/2010/10/plimus-taking-extra-charges-for.html
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Plimus commissions as January 2011
Transaction Amount Range (In US Dollars) | Commission Rate |
$0 - $4.99 | 75 cents |
$5 - $8.99 | 15% |
$9 - $49.99 | 10% |
$50 - $59.99 | 9% |
$60 - $79.99 | 8% |
$80 - $99.99 | 7% |
$100 - $139.99 | 6% |
$140 - $279.99 | 5% |
$280 and above | 4.5% |
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