A Payment fee will apply when making use of the Gumtree Payments System:
Buyer
A surcharge fee will be charged at 1.5% of the transaction amount. If using PayTo, this fee will be 0% as part of an introductory offer, after which it will be charged at 0.15% of the transaction amount.This will automatically be collected when a buyer makes a payment and includes GST.
An additional platform fee charged at 0.5% of the transaction amount will apply, with a minimum cap of $1 and a maximum cap of $7.50. As an introductory offer for our first time customers, the platform fee is waived.
Seller
There is a platform fee charged at 0.5% of the transaction amount, with a minimum cap of $0.5 and a maximum cap of $7.50. This will automatically be collected when a buyer makes a payment and includes GST.
Example: $10,000 Vehicle Purchase
|
PAYMENT METHOD |
BUYER PAYS |
BUYER FEES |
SELLER RECEIVES |
SELLER FEES |
|
Card / PayPal |
$10,157.50 |
$150 surcharge + $7.50 platform fee (capped) |
$9,992.50 |
$7.50 platform fee (capped) |
|
PayTo (Introductory Offer - No surcharge) |
$10,007.50 |
$0 surcharge + $7.50 platform fee (capped) |
$9,992.50 |
$7.50 platform fee (capped) |
|
PayTo (After Introductory Offer - 0.15% surcharge) |
$10,022.50 |
$15 surcharge + $7.50 platform fee (capped) |
$9,992.50 |
$7.50 platform fee (capped) |
For more information visit the Payments FAQ here.
