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We process payments with PayPal, an external payments platform that allows you to process transactions with a variety of payment methods. Funds from PayPal sales on Elmony will be deposited into your PayPal account.
Joining and starting a shop on Elmony cost 19$ a month. There are three basic selling fees: a listing fee, a transaction fee, and a payment processing fee.
It costs USD 0 to publish a listing to the marketplace. A listing lasts for four months or until the item is sold. Once an item sells, there is a 5% transaction fee on the sale price (not including shipping costs). If you accept payments with PayPal, there is also a payment processing fee based on their fee structure.
Fees are billed with USD, so if your bank’s currency is not USD, the amount may differ based on changes in the exchange rate.
It’s easy to set up a shop on Elmony. Create an Elmony account (if you don’t already have one), set your shop location and currency, choose a shop name, create a listing, set a payment method (how you want to be paid), and finally set a billing method (how you want to pay your Elmony fees).
If you accept payments with PayPal, funds from PayPal sales on Elmony will be deposited into your PayPal account. We encourage sellers to use a PayPal Business account and not a Personal account, as personal accounts are subject to monthly receiving limits and cannot accept payments from buyers that are funded by a credit card.
No, a credit or debit card is not required to create a shop. To be verified as a seller you have the choice to use either a credit card or to register via PayPal. You will not incur any charges until you open your shop and publish your listings.
Elmony provides a marketplace for various items, we are adding new categories everyday. So feel free to list your product and if you do not see your category, just let us know and we consider adding it to our marketplace.