0% Commission Policy for Third-Party Sellers
Introduction
At Octopus Premium Store (A Part of Octopus Printing Enterprises), (“We” or “Us”) operates an e-commerce platform that allows third-party sellers (“Sellers”) to sell their products to customers (“Buyers”). This 0% Commission Policy outlines the terms and conditions governing the commission structure for Sellers.
Zero Commission Structure
We charge 0% commission on sales made through our platform.
Benefits to Sellers
- Increased profitability
- Competitive pricing
- Enhanced customer reach
Payment Terms
- Payment Frequency: Payments are made weekly.
- Payment Method: Payments are made via NEFT.
- Payment Threshold: No minimum pay-out threshold.
Fees
- No Transaction Fees
- No Payment Processing Fees
- No any Other Fees:
Taxes and Fees
- Tax compliance: Sellers are responsible for tax compliance.
- Fees: Sellers are responsible for payment processing fees.
Seller Requirements
- Product listings must comply with our policies.
- Sellers must provide accurate product descriptions.
- Sellers must ensure timely shipping.
Dispute Resolution
- Dispute Process: Disputes regarding sales will be resolved through our dispute resolution process.
- Dispute Resolution Fees: No any Fees apply for dispute resolution.
Changes to Policy
We reserve the right to modify or update this policy at any time without any prior information or notification.
Acceptance
By selling on our platform, Sellers acknowledge that they have read, understood, and agree to be bound by this 0% Commission Policy.
Additional Policies
Please review our additional policies:
– Terms and Conditions
– Privacy Policy
– Shipping Policy
– Return and Refund Policy
By using our platform, Sellers acknowledge that they have read, understood, and agree to be bound by this 0% Commission Policy.