Difference between revisions of "Linden Lab Official:Marketplace fees"
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This article lists all of the fees charged by Xstreet. | This article lists all of the fees charged by Xstreet. | ||
==Marketplace== | ==Marketplace== | ||
Xstreet does not charge merchants for standard item listings on the Marketplace website. | Xstreet does not charge merchants for standard item listings on the Marketplace website. | ||
Xstreet charges Marketplace merchants a commission for each sale based on each merchant's current sales volume percentile. Standard commission rates are as follows: | Xstreet charges Marketplace merchants a commission for each sale based on each merchant's current sales volume percentile. Standard commission rates are as follows: | ||
{| id="vqjj" class="zeroBorder" style="border: 1px dotted #7f7c75" cellpadding="3" | {| id="vqjj" class="zeroBorder" style="border: 1px dotted #7f7c75" cellpadding="3" | ||
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| style="border: 1px dotted #7f7c75" | 5% of the sale amount | | style="border: 1px dotted #7f7c75" | 5% of the sale amount | ||
|} | |} | ||
* Commissions are rounded to the nearest Linden Dollar (L$) using straight rounding (for example, 0.5 is rounded to 1). | * Commissions are rounded to the nearest Linden Dollar (L$) using straight rounding (for example, 0.5 is rounded to 1). | ||
* Percentiles are calculated daily as: Merchants who have sold at least one item of value in the last 30 days ranked by the total dollar value of sales of individual items to unique Xstreet user accounts (where the buyer is not also the seller) within the past 30 days. | * Percentiles are calculated daily as: Merchants who have sold at least one item of value in the last 30 days ranked by the total dollar value of sales of individual items to unique Xstreet user accounts (where the buyer is not also the seller) within the past 30 days. | ||
* Commissions are charged at the time of each sale. | * Commissions are charged at the time of each sale. | ||
==Listing Enhancements== | ==Listing Enhancements== | ||
Listing Enhancements can be added to listings for a periodic fee dependent on the enhancement type. Enhancement rates are as follows: | Listing Enhancements can be added to listings for a periodic fee dependent on the enhancement type. Enhancement rates are as follows: | ||
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| style="border: 1px dotted #7f7c75" | L$2899 per 30 days or L$899 per 7 days | | style="border: 1px dotted #7f7c75" | L$2899 per 30 days or L$899 per 7 days | ||
|} | |} | ||
* Listing enhancements are prepaid subscription services. At the end of the term, Xstreet will automatically charge your account and renew the subscription, unless you cancel the subscription or schedule it for discontinuation using the My Subscriptions page in the My Account area. | * Listing enhancements are prepaid subscription services. At the end of the term, Xstreet will automatically charge your account and renew the subscription, unless you cancel the subscription or schedule it for discontinuation using the My Subscriptions page in the My Account area. | ||
* Xstreet reserves the right to alter subscription services with or without notice. If a change results in a price increase and existing prices are not grandfathered, Xstreet reserves the right to either provide minimum 30 days notice of the price increase, or schedule your related subscriptions for discontinuation at Xstreet's sole discretion. | * Xstreet reserves the right to alter subscription services with or without notice. If a change results in a price increase and existing prices are not grandfathered, Xstreet reserves the right to either provide minimum 30 days notice of the price increase, or schedule your related subscriptions for discontinuation at Xstreet's sole discretion. | ||
==Currency Conversion== | ==Currency Conversion== | ||
Whenever a purchase is initiated using real-world currency (such as via PayPal), Xstreet converts the payment to Linden Dollars before processing the purchase. | Whenever a purchase is initiated using real-world currency (such as via PayPal), Xstreet converts the payment to Linden Dollars before processing the purchase. | ||
{{KBnote| '''Note:''' PayPal functionality is not available on the Xstreet Uncensored website. | {{KBnote| '''Note:''' PayPal functionality is not available on the Xstreet Uncensored website. | ||
}} | }} | ||
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| style="border: 1px dotted #7f7c75" | L$235.0 per USD (or equivalent) | | style="border: 1px dotted #7f7c75" | L$235.0 per USD (or equivalent) | ||
|} | |} | ||
* The conversion rate is subject to change at any time without notice. | * The conversion rate is subject to change at any time without notice. | ||
* There are maximum conversion limits in place to prevent fraudulent transactions. Conversion limits automatically adjust according to your individual account history. | * There are maximum conversion limits in place to prevent fraudulent transactions. Conversion limits automatically adjust according to your individual account history. | ||
* eCheck payments are processed when the transaction clears the bank. This is typically 2-4 business days. | * eCheck payments are processed when the transaction clears the bank. This is typically 2-4 business days. | ||
* Xstreet attempts to make your funds available immediately upon notification, but this is not always possible. Refer to the Xstreet Terms of Service for detailed information. | * Xstreet attempts to make your funds available immediately upon notification, but this is not always possible. Refer to the [http://www.xstreetsl.com/tos.php Xstreet Terms of Service] for detailed information. | ||
==USD Funds== | ==USD Funds== | ||
Incoming USD payments and disbursements can incur fees and limits depending on method of payment. | Incoming USD payments and disbursements can incur fees and limits depending on method of payment. | ||
{{KBnote| '''Note:''' PayPal functionality is not available on the Xstreet Uncensored website. | {{KBnote| '''Note:''' PayPal functionality is not available on the Xstreet Uncensored website. | ||
}} | }} | ||
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| Line 130: | Line 94: | ||
| style="border: 1px dotted #7f7c75" | $5.00 USD | | style="border: 1px dotted #7f7c75" | $5.00 USD | ||
|} | |} | ||
* There are maximum payment limits in place to prevent fraudulent transactions. Limits automatically adjust according to your individual account history. Refer to the USD deposit page for your limit information. | * There are maximum payment limits in place to prevent fraudulent transactions. Limits automatically adjust according to your individual account history. Refer to the USD deposit page for your limit information. | ||
* eCheck payments are processed when the transaction clears the bank. This is typically 2-4 business days. | * eCheck payments are processed when the transaction clears the bank. This is typically 2-4 business days. | ||
* Xstreet attempts to make funds available immediately upon payment, but this is not always possible. Refer to the Xstreet Terms of Service for detailed information. | * Xstreet attempts to make funds available immediately upon payment, but this is not always possible. Refer to the [http://www.xstreetsl.com/tos.php Xstreet Terms of Service] for detailed information. | ||
* Disbursements are processed daily Monday through Friday and sent via Mass Pay. | * Disbursements are processed daily Monday through Friday and sent via Mass Pay. | ||
==Currency Exchange Trades== | ==Currency Exchange Trades== | ||
The Currency Exchange charges a combination of: | The Currency Exchange charges a combination of: | ||
* "Spread pricing," where buy and sell orders are filled at different prices (for more information, read the following Knowledge Base article: LINK TO SPREAD PRICING) | * "Spread pricing," where buy and sell orders are filled at different prices (for more information, read the following Knowledge Base article: LINK TO SPREAD PRICING) | ||
* A service fee for buy orders | * A service fee for buy orders | ||
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| style="border: 1px dotted #7f7c75" | 2.2% USD conversion fee | | style="border: 1px dotted #7f7c75" | 2.2% USD conversion fee | ||
|} | |} | ||
* 1 pip equals 0.1 L$ per USD. At competitive market prices, this makes the Xstreet proceeds about 1.1% of each transaction. | * 1 pip equals 0.1 L$ per USD. At competitive market prices, this makes the Xstreet proceeds about 1.1% of each transaction. | ||
* The USD conversion fee may be waived if your account is funded with cash or an equivalent. | * The USD conversion fee may be waived if your account is funded with cash or an equivalent. | ||
==Real Estate== | ==Real Estate== | ||
Each listing in Xstreet Real Estate costs L$25. This fee will be deducted from your account upon initially listing each parcel. | Each listing in Xstreet Real Estate costs L$25. This fee will be deducted from your account upon initially listing each parcel. | ||
==Magic Box Hosting== | ==Magic Box Hosting== | ||
For one Magic Box, hosting is free for 60 days. Subsequent hosting is L$50 per 30 days. | For one Magic Box, hosting is free for 60 days. Subsequent hosting is L$50 per 30 days. | ||
Revision as of 21:22, 5 October 2009
This article lists all of the fees charged by Xstreet.
Marketplace
Xstreet does not charge merchants for standard item listings on the Marketplace website.
Xstreet charges Marketplace merchants a commission for each sale based on each merchant's current sales volume percentile. Standard commission rates are as follows:
| 5th percentile, up to 25 merchants | 3% of the sale amount | |
| 15th percentile, up to 75 merchants | 4% of the sale amount | |
| All others | 5% of the sale amount |
- Commissions are rounded to the nearest Linden Dollar (L$) using straight rounding (for example, 0.5 is rounded to 1).
- Percentiles are calculated daily as: Merchants who have sold at least one item of value in the last 30 days ranked by the total dollar value of sales of individual items to unique Xstreet user accounts (where the buyer is not also the seller) within the past 30 days.
- Commissions are charged at the time of each sale.
Listing Enhancements
Listing Enhancements can be added to listings for a periodic fee dependent on the enhancement type. Enhancement rates are as follows:
| Bold: | L$99 per 30 days | |
| Border: | L$299 per 30 days | |
| Highlight: | L$299 per 30 days | |
| Featured Item: | L$999 per 30 days | |
| Homepage Featured: | L$2899 per 30 days or L$899 per 7 days |
- Listing enhancements are prepaid subscription services. At the end of the term, Xstreet will automatically charge your account and renew the subscription, unless you cancel the subscription or schedule it for discontinuation using the My Subscriptions page in the My Account area.
- Xstreet reserves the right to alter subscription services with or without notice. If a change results in a price increase and existing prices are not grandfathered, Xstreet reserves the right to either provide minimum 30 days notice of the price increase, or schedule your related subscriptions for discontinuation at Xstreet's sole discretion.
Currency Conversion
Whenever a purchase is initiated using real-world currency (such as via PayPal), Xstreet converts the payment to Linden Dollars before processing the purchase.
 |
Note: Note: PayPal functionality is not available on the Xstreet Uncensored website. |
| Transaction Handling Fee: | $0.30 USD | |
| Conversion Rate: | L$235.0 per USD (or equivalent) |
- The conversion rate is subject to change at any time without notice.
- There are maximum conversion limits in place to prevent fraudulent transactions. Conversion limits automatically adjust according to your individual account history.
- eCheck payments are processed when the transaction clears the bank. This is typically 2-4 business days.
- Xstreet attempts to make your funds available immediately upon notification, but this is not always possible. Refer to the Xstreet Terms of Service for detailed information.
USD Funds
Incoming USD payments and disbursements can incur fees and limits depending on method of payment.
|
Note: Note: PayPal functionality is not available on the Xstreet Uncensored website. |
| PayPal Disbursements: | 2.0% to a maximum of $1.00 USD | |
| Check Disbursements: | $5.00 USD |
- There are maximum payment limits in place to prevent fraudulent transactions. Limits automatically adjust according to your individual account history. Refer to the USD deposit page for your limit information.
- eCheck payments are processed when the transaction clears the bank. This is typically 2-4 business days.
- Xstreet attempts to make funds available immediately upon payment, but this is not always possible. Refer to the Xstreet Terms of Service for detailed information.
- Disbursements are processed daily Monday through Friday and sent via Mass Pay.
Currency Exchange Trades
The Currency Exchange charges a combination of:
- "Spread pricing," where buy and sell orders are filled at different prices (for more information, read the following Knowledge Base article: LINK TO SPREAD PRICING)
- A service fee for buy orders
| Standard trades: | 30 pip spread | |
| Filled buy orders: | 2.2% USD conversion fee |
- 1 pip equals 0.1 L$ per USD. At competitive market prices, this makes the Xstreet proceeds about 1.1% of each transaction.
- The USD conversion fee may be waived if your account is funded with cash or an equivalent.
Real Estate
Each listing in Xstreet Real Estate costs L$25. This fee will be deducted from your account upon initially listing each parcel.
Magic Box Hosting
For one Magic Box, hosting is free for 60 days. Subsequent hosting is L$50 per 30 days.