Pickzkart Pricing & Fee Policy
Pickzkart at its best in the Marketplace always work on the growth of our Preferred Partners. In this Upcoming eCommerce Business era, Pickzkart has simplified the Pricing & Fee structure for all the Business Sellers do at www.pickzkart.com platform. We have a simple and transparent fee structure for sellers with Zero hidden charges. All you pay Pickzkart.com is the Product Selling Fees and Closing Fees. There are no separate listing fees, payment collection fees and subscription fees. We will only charge when you make a sale.
Pickzkart Marketplace fees:
Sellers will pay a Product Selling Fee on each item sold. Sellers are charged only when the sale is made. PickzKart allows sellers to decide the price of their products and we charge you a nominal fee on the successful orders customers make.
Pickzkart Collects the actual Invoice amount from the buyer on every transaction. Marketplace fees is calculated and deducted from the Invoice amount collected from the buyer. The Marketplace Fee Includes the below:
For all products, a percentage of the total Order Value that is paid by the buyer (including the item price, any shipping or gift-wrap charges charged by the seller) is deducted as a Pickzkart Marketplace Fee. This excludes discounts offered by Seller.
Please find the calculation of Pickzkart Marketplace Fee for reference below:
Settlement/Deposit Amount = Order Invoice Amount - Marketplace Fees (Pickzkart Product Selling Fee + Shipping Charges + Collection Fee) =
Note: Seller has the right to claim for any incorrect Product Selling Fees charged in writing to Pickzkart within thirty calendar days of the order being shipped. If Pickzkart do not receive any such claims within the said timelines, it is deemed to be correct as the charged Pickzkart Product Selling Fee has no erors and is accepted by the sellers. Claims or Requests received after the buffer of said 30 days timelines will not be entertained or accepted and Pickzkart will not be liable for any losses/damages suffered by the sellers.
Pickzkart Collection Fees:
As Pickzkart Collection Fees You pay a fixed collection fee based on the item price that is paid by the buyer (including any shipping or gift-wrap charges charged by the seller). The fixed Collection fee to be paid is calculated below. It is also derived as Payment collection charges for orders placed on Pickzkart marketplace platform.
|Collection Fee||Collection charges for orders placed on Pickzkart marketplace platform. Selling price is equal to the amount paid by the Customer including shipping charges paid by them, if any.||Selling Price (Rs)||Prepaid||COD|
|Rs. 0 - 500||2%||Rs. 15|
|Rs. > 500||2%||2%|
Pickzkart Shipping Charges:
Pickzkart’s Integrated Third Party Logistics partners provide end-to-end Shipping services across India. On every Order Shipped, there is a price involved depending on the volumetric weight of the package and the same would be available at Shipment Tab at Pickzkart Seller Central.
This fee is charged for shipping order items to customer. It is calculated based on the higher of volumetric weight or dead weight of the product when measured with secondary packaging (i.e. package handed over to courier). It also varies based on shipment destination - local, zonal and National shipping. To make sure ease of selling and the best possible customer experience, we mandate delivery to all customers via our logistics partners and deduct the shipping cost from the selling price before making a payment to you.
Pickzkart Integrated Logistics Services give complete visibility on the charges directly to the sellers during shipping the order item at Pickzkart Seller Central.
Shipping fee is calculated on actual weight or volumetric weight, whichever is higher.
This is to account for items which are lightweight but occupy a lot of shipping space.
Volumetric weight is calculated as below.
"Volumetric Weight (kg) = L*B*H (Length x Breadth x Height)/5000 where LBH are in cm"
Local (Intracity): Item shipped within a city.
Zonal (Intrazone): Item shipped within the borders of a zone (North, South, East, West)
National (Interzone): Item shipped across zones
Pickzkart Cancellation charge
Seller will be charged with 100% of Product Selling Fee (if cancelled on or before Scheduled Dispatch Date) / 150% of Product Selling Fee (if cancelled after Scheduled Dispatch Date) of the value of items in an order as a Cancellation Charge for seller-fulfilled orders that are cancelled under the following scenarios:
Pickzkart.com at any circumstance deemed and reserves the right to Issue a Warning, Suspend or Terminate the Seller account Temporarily or permanently, or Can Stop access to the Website for Non-Payment of Fees or Dues to Pickzkart.
Sellers do not have any right to charge any buyers any additional fee and do not have the right to collect fee in any form of payments. Any Such costs should be built into the price of the item only. This policy reduces the potential for confusion among buyers about the true cost of an item. Further, some forms of payment surcharges, such as credit card surcharges, are prohibited by law or under the issuing institution's rules and regulations for merchants. As an addition, Sellers can Charge the Buyers an Additional Shipping Fee, Installations if any, but limited to all these has to be listed clearly with completely visibility to the buyers in the product listing at www.pickzkart.com.
Note: All fees are exclusive of 18% Goods and Services Tax (GST). To ensure that you are charged the correct Product Selling Fees fee, Please ensure that the product listing is categorized accurately at the time when you list them in www.pickzkart.com. Final Categorization is the sole discretion of Pickzkart.com.