How and when do I receive payment?
ShopDot partners with Finix to charge customers and pay out brands. As part of the Getting Started onboarding with ShopDot, you set up a recipient account with Finix. See the Getting Paid application process here.
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ShopDot charges a 10% transaction fee of the net product amount.
- ShopDot will payout brand suppliers monthly by the 5th of the month.
- Payouts are based on completely fulfilled orders from the prior month. If there is a partially fulfilled order, we will not pay out the partially fulfilled order until the entire order is fulfilled.
- Payouts will be made via ACH to the bank account that is listed under Settings <> Getting Paid.
- You will be able to access your Payout History Report under the Reports tab.