What does Shopee transaction fee mean? What is service fee?

Many netizens like to shop on the Shopee platform. On this platform, they can buy their favorite overseas products. A handling fee may be required when making a transaction. So what does this handling fee mean? I believe many Shopee users have questions, which will be introduced below.

What does Shopee transaction fee mean?

Transaction fees are the handling fees paid to transaction settlement service providers, including through bank transfers, savings cards, bank credit cards and Shopee coins.

The transaction fee is calculated as 2% of the total order payment (after using coupons or Shopee coins, including the amount paid by the buyer for shipping).

For example, you received a payment for an order of $100. Total order payment: $100 Transaction fee: $100x2%=$2 When settling the payment amount of a single order, part of the transaction fee will be deducted from the payment amount.

How can I check commissions, service fees and transaction fees?

Go to Finance >> My Income >> Income Details, click on a specific order, click View Income Details, and you can see the commission, service fee, and transaction fee for each specific order.

What is a service fee?

The service fee is the amount that Shopee charges for services provided to sellers who have signed up for the cashback and free shipping programmes.

How is the service fee calculated?

The service fee is calculated as follows: order amount × activity rate. The specific activity rate depends on your seller category and activity category. You can contact your account manager for inquiries.

When settling the payment amount of a single order, a portion of the service fee will be deducted from the payment amount.

After reading the above introduction, you should know what Shopee's transaction fee means. This fee may be incurred during the transaction process, and this fee is unavoidable. I hope the above content can solve your problems.

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