Yes, our fees are generally lower than both Etsy and eBay for most sales. Here’s a comparison on a $100 Sale:
Our Fees:
- Credit Card Transaction Fee: 2.9% + $0.30 = $3.20
- Our Transaction Fee: 2.5% = $2.50
- Total: $5.70
Etsy Fees:
- Listing Fee: $0.20
- Transaction Fee: 5% of $100 = $5.00
- Payment Processing Fee: 3% + $0.25 = $3.25
- Total: $8.45
eBay Fees:
- Final Value Fee (10%): $10.00
- PayPal Fee (if applicable): 2.9% + $0.30 = $3.20
- Total: $13.20 (if using PayPal)
Savings:
- Compared to Etsy: Save $2.75 ($8.45 – $5.70)
- Compared to eBay: Save $7.50 ($13.20 – $5.70)
Credit Card Fee:
- 2.9% of the sale amount + $0.30 per transaction.
- Automatically deducted from the payment you receive.
Our Transaction Fee:
- 2.5% of the sale amount.
- Deducted from the total payment before it’s deposited.
Fee Collection:
Both fees are automatically subtracted at the time of transaction, so your payout reflects these deductions. There’s no need to pay them separately.
| Sale Amount | Credit Card Fee | Our Fee | Total Fees |
|---|---|---|---|
| $50 | $1.45 + $0.30 = $1.75 | 2.5% = $1.25 | $3.00 |
| $100 | $2.90 + $0.30 = $3.20 | 2.5% = $2.50 | $5.70 |
| $150 | $4.35 + $0.30 = $4.65 | 2.5% = $3.75 | $8.40 |
| $200 | $5.80 + $0.30 = $6.10 | 2.5% = $5.00 | $11.10 |
Our transparent fee structure ensures you know exactly what you’re paying for each sale, and you can save significantly compared to other platforms!
Hatchaholics charges a transaction fee to provide you with essential services and benefits. These include access to its customer base, secure payment processing, platform maintenance, marketing efforts, seller tools, and support for dispute resolution. By paying this fee, you leverage Hatchaholics’ infrastructure and audience to grow your business. If the fee seems high, evaluate whether the benefits align with your business goals.