When it comes to selling on mercari, you may be asking, What are the Mercari Fees? How much will Mercari take from me after I sell something? While Mercari is a great platform for selling things online to make some extra money, it’s good to know what to expect before getting started. In this guide, we will cover what fees to expect when selling on Mercari.
How Much Does It Cost To Sell On Mercari?
Mercari charges a flat 10% selling fee once you complete a sale. Other fees can include a $2 fee for direct deposit requests under $10 and a $2 processing fee if your bank rejects your direct deposit.
Note: As of October 1st, 2020, under updated terms of service, Mercari has begun charging sellers a payment processing fee of 2.9% of the item purchase price + $0.30 for every completed sale.
Is There A Fee For Using Smart Pricing?
Smart pricing is a feature that allows your price to be adjusted depending on market demand; there is no additional fee for using this service.
So in my example above, I’m trying to sell an item for $170. When I turn on Smart Pricing, it allows me to set a floor price. In this case, $144. Turning on Smart Pricing allows Mercari to automatically adjust your price and notify everyone who has liked your listing of a price drop.
How Do I Transfer Money From Mercari To My Bank Account And Not Pay A Fee?
Once you get a few sales on Mercari, you may want to transfer your earnings to your bank account. This process is simple.
You have two options when it comes to transferring your money.
- Direct Deposit – This involves a checking account and takes a few days for your funds to become available. There is no fee for this service as long as your transfer is at least $10. Otherwise, there is a $2 fee for transfers under $10.
- Instant Pay – As the name suggests, you get paid instantly. There is a $2 fee to use this service; it uses a debit card to transfer your account funds.
Learn More About Mercari Instant Pay.
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Last update on 2021-01-22 / Affiliate links / Images from Amazon Product Advertising API
FAQs From Mercari Users
I hope you were able to find the answer to your question about Mercari Selling Fees. If not, check out my main site HarrisGuide.Com, Its dedicated to helping people sell online.