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Payments Cycles

Payment Cycles

*This payment cycle does not apply to Argentina, it will review the corresponding label.​

Weekly Payments are made each Friday. Cuts run from Saturdays to Fridays (7 steady days). Once an Order is delivered, it will be payes in the Weekly Cur of the next week. The following example will help you to better understand how Orders are payed:

Commissions

Commissions can be consulted in your profile within Seller Center, in the Commissions section.

The commission charge for your products is calculated depending on the Product’s Category. It is very important that your Products are correctly categorized to avoid wrong charges.

 

Calculation for the Payment of an Order

The Calculation for your Order is very simple. The price of the Product is contemplated and the percentage of the agreed comission is automatically discounted. Therefore, it is important that each of your Articles are correctly categorized, so that the automatic calculation is successful.

* This calculation does not apply to Colombia.

As an example, a Product costs 2,500 and the Comission’s % is 15%


*Reference imagecurrency varies by country. 

Payments Cycles 

The cuts run from Saturday to Friday. Weekly payments happen on Fridays. Once the order is sent, it will be paid in  the weekly court of the week in which it was sent. 

 

Commissions  

The commissions of your products can be found in your profile in the Seller Center, in the Commissions section 

The collection of the commission of your products is calculated depending on the category of your productit is for this reason that it is very important that your products are correctly categorized, in order to avoid erroneous charges. 

 

Calculation of the Payment of an Order 

If you are using a Courier of Linio (DHL or SkypostalThe comission would be: 

 The calculation for the payment of your order is very simple; only the price of the product is considered and the commission percentage agreed for your product is automatically deductedThereforeit is very important that each of your articles are correctly categorized so that the automatic calculation is successful 

E.g: A Product costs $ 800.00 and itcategory commission is 15%. 

Payments Information 

Linio makes weekly cuts. A cut includes “delivered” orders from Saturday to Friday. 

Linio processes payments to Payoneeer on Fridaysone week after making the cut. 

The invoice is generated with these concepts: 

  • Commissions [MP COMMISSIONS] 
  • Shipping cost (*) [SHIPPING FEE] (if sent by Linio carrier) 
  • Cancellations of orders that fail to meet [CANCELLATION FEE] 
  • Import product tax if the cost of the product exceeds the threshold 
  • Item fixed commission 0.80 usd – Item Price credit 

 

Penalties 

If your operation is not adequate, Linio will charge you the following penalties: 

  • If the Seller does not ship the order within the Promised Ship Time, the customer and/or the  platform may cancel the order, and a penalty equivalent to 1x the commission rate will be applied.
  • Orders cancelled by seller less than 72 hours after the order was received will be penalized with 1x the applicable commission rate. Orders cancelled more than 72 hours after the order was received will be  charged 2x the applicable commission rate.

For more information check the current Terms and Conditions.

Payment Cycles

Weekly payments are made every Thursday. The cuts run from Monday to Sunday (7 continuous days). Once the order is delivered, it will be paid in the weekly cut next week. Let’s look at the following example to understand how payments are made:

Linio Charges

Order payments are made once the product was delivered to the customer (except for the Sellers Black who will receive payment for their orders once the order is dispatched).

Orders with delivery failure are not paid, as these will be returned to your deposit.

All products with a price greater than $ 1,500 and with a volumetric weight less than 15 kg will have Free Shipping by the seller, the rates will depend on the size and weight of the item.

 

Penalidades 

Penalties 

If your operation is inadequate, Linio will charge the next penalties: 

  • Delivery Delay: (bearch of the promise shipping time): Fee charges and/or Account Deactivation. 
  • Defective/Weathered Product Returns: Fee charges and/or Account Deactivation.  
  • Incomplete Produt Returns: Fee charges and/or Account Deactivation.  
  • Wrong Product Returns: Fee charges and/or Account Deactivation.  
  • Seller Cancellations: Fee charges and/or Account Deactivation.
  • Product Dispatching DelayFee charges and/or Account Deactivation. 

Additionally, depending on your status in our Partner Management Program you can receive discounts on penalties: 

  • Bonus on cancellation charges: 
    • Silver 0%
    • Gold 30% 
    • Platinum 60%
    • Black 75% 
  • Bonus on return charges:
    • Silver 0%
    • Gold 15%
    • Platinum 30%
    • Black 40% 
  • Bonus on  Dispatching Delay charges:
    • Silver 0%
    • Gold 20%
    • Platinum 30%
    • Black 50% 

For more informationconsult the current Terms and Conditions

Aditional Charges

Linio charges for the next concepts:

  • Comissions
  • Penalties associated to Stock-out cancelations or delivery delay

Penalties

If your operation is inadequate, Linio will charge the next penalties:

  • Cancellation within the first 3 business days: 2x of the commission is charged
  • Cancellation in the first 3 business days, plus the period allowed in the Seller Center tool: 3x of the commission
  • Cancellation after the deadline stipulated by Seller Center and within 2 business days; cancellation attributable to your operation: 4x of the commission
    If made by the client: 3x of the commission.
  • Cancellation after the creation of the label: 5x of the commission

For more information, consult the current Terms and Conditions

Order payment calculation

The Calculation of each order changes depending of the Tax Regime, be it Common or Simplified. Take into account the following:

  • The Comission % shown in Seller Center does not include VAT.
  • The agreed Comission % is apllied to the Product’s Value without VAT (Base).

Linio Charges

Linio charges for the next concepts:

  • Comissions
  • Cancellation Fees
  • Delayed Shipping Fee
  • Monthly Subsctiption or Fee for the use of Seller Center. A monthly charge of $20,000.00 plus VAT added the additional Comission % corresponding to your Catefory, will be made.

Penalties

If your operation is inadequate, Linio will charge the next penalties:

  • Cancellation by the Seller, within the DTS: 2x of the Comission.
  • Cancellation by the Customer, 2 days after the DTS: 4x of the Comission.
  • Cancellation by the Seller, 2 days after the DTS 4x of the Comission.
  • Cancellation by the Customer, 3 days after the DTS: 5x of the Comission.
  • Cancellation by Linio, 3 days after the DTS: 5x of the Comission.

For more information, consult the current Terms and Conditions

Payments are done according to:

  • Club Premier/Con Crédito, respecting to Sales billing: Product Antry or Sales Entry, minus Linio Comission.
  • MarketPlac, respecting to registrede sales, minus the Fees included in each Cut.

Linio Charges

 

Penalties

If your operation is inadequate, Linio will charge the next penalties:

  • Cancellation by the Seller, within the DTS: 1.5x la comisión
  • Cancellation by the Seller , 1 day after the DTS: 2x la comisión
  • Cancellation by the Seller, 2 days after the DTS: 3x la comisión
  • Cancelación by the Seller, 3 days after the DTS: 4x of the Comission.
  • Cancellation by Linio, within DTS: 1.5x of the Comission.
  • Cancellation by Linio, 1 day after the DTS: 2x of the Comission.
  • Cancellation by Linio, 2 days after the DTS: 3x of the Comission.
  • Cancellation by Linio, 3 days after theDTS: 4x of the Comission.
  • Cancellation by the Customer, 1 day after the DTS: 2x of the Comission.
  • Cancellation by the Customer, 2 days after the DTS: 3x of the Comission.
  • Cancellation by the Customer, 3 days after the DTS: 4x of the Comission.

For more information, consult the current Terms and Conditions

Payments are done according to

  • Comissions [comisiones mp]
  • Shipping Costs (*) [shipping fee]
  • Cancelled Orders [cancellation fee]
  • Monthly Subscription of S/30 for the use of Seller Center (shown on the first week of each month ) [marketplace fee]. A monthly charge of S/ 30, added to the additional Comission % corresponding to your Catefory, will be made .

Penalties

If your operation is inadequate, Linio will charge the next penalties:

  • Stock-out Cancellation, within the DTS: 1x of the Commission.
  • Delayed Shipping: 1x of the Commission,
  • Cancellation within the DTS: 1.5x of the Commission.
  • Cancellation after the DTS: 2x of the Commission.

For more information, consult the current Terms and Conditions