Offset Billing
Every Friday, we send you a payment notification email that includes all sales for that week. From those sales, we offset your commissions and credit card payment service fees. On the first of each month, we apply your subscription fees to your account. On the first Friday of the month, your payment is offset by that week's commissions and payment service fees, as well as your subscription. Should the amount that you owe us be greater than the payment for your sales, we'll charge your credit card to make up the difference. As long as your sales are greater than your fees, we never need to charge your card. For weeks where you have no sales, or where your net balance is an amount due to AbeBooks, no payment notification email will be generated. All account activity can be viewed online. Payment notification emails are advance notice of your deposit; the funds will be transferred to your bank by EFT one week later, and then deposited by your bank within a few days. Payment information for booksellers outside of North America. |
