{"id":64487,"date":"2024-07-25T16:22:27","date_gmt":"2024-07-25T08:22:27","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=64487"},"modified":"2024-07-25T16:25:05","modified_gmt":"2024-07-25T08:25:05","slug":"shopee-marketplace-fees-update","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/shopee-marketplace-fees-update","title":{"rendered":"New Shopee Transaction And Commission Fees From Aug 1"},"content":{"rendered":"

E-commerce giant Shopee has recently announced some changes to their commission and transaction fees. These changes are wide-sweeping and will affect sellers across its platform. The changes are set to take effect from 1 August onwards.<\/span><\/p>\n

<\/span>Changes to marketplace commission fees<\/b><\/span><\/h2>\n

There will be an adjustment in the Marketplace Commission Fee. The new rates are as follows:<\/span><\/p>\n

\"\"<\/a>

Source:<\/strong> Shopee.com.my<\/a><\/p><\/div>\n

Additionally, the Shopee marketplace commission fee will be incurred once the seller has been selling on the platform for more than 120 days. <\/span><\/p>\n

The number of days starts from the day of the seller’s first product listing on the Shopee platform. The Commission Fee will only be incurred on day 121 onwards.<\/span><\/p>\n

<\/span>Changes to transaction fees<\/b><\/span><\/h2>\n

According to Shopee\u2019s latest announcement, Shopee’s transaction fee will be revised to 3.5% (not inclusive of 8% SST). This will also take effect on 1 August and onwards.<\/span><\/p>\n

\"\"<\/a>

Source:<\/strong> Shopee.com.my<\/a><\/p><\/div>\n

All local Marketplace sellers (Non-Shopee Mall sellers) and Mall sellers are charged Transaction Fees to cover payment gateway fees that apply to all online transactions by the service providers upon successful orders by buyers.\u00a0<\/span><\/p>\n

Since the e-commerce landscape is very fast-paced and constantly evolving, fee adjustments can occur quite frequently across platforms. <\/span><\/p>\n

Sellers are advised to keep informed and up to date with the latest information regarding these changes in order to thrive in the ever-moving world of online retail.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Online retailers should be aware of the changes that are set to take effect on 1 August.<\/p>\n","protected":false},"author":58,"featured_media":64494,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[216],"tags":[982,2420,624,547,2421],"class_list":["post-64487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-updates","tag-news","tag-online-retail","tag-online-shopping","tag-shopee","tag-shopee-marketplace"],"acf":[],"yoast_head":"\nNew Shopee Transaction And Commission Fees<\/title>\n<meta name=\"description\" content=\"Shopee has recently updated their commission and transaction fees for their marketplace. 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