Difference between revisions of "Linden Lab Official:Marketplace fees"
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* 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. | ||
== | ==Purchasing with US Dollars== | ||
Whenever the purchase of Linden Dollars is initiated from the [https://www.xstreetsl.com/modules.php?name=LindenDollars L$ QuickBuy] page or the purchase of an item is initiated in US Dollars for a marketplace listing, a | Whenever the purchase of Linden Dollars is initiated from the [https://www.xstreetsl.com/modules.php?name=LindenDollars L$ QuickBuy] page or the purchase of an item is initiated in US Dollars for a marketplace listing, a Convenience Fee is applied. This fee varies depending upon the volume of L$ converted and the type of purchase. The effective currency conversion rate can be calculated by dividing the L$ volume being purchased by the US$ price quoted. | ||
The merchant for a listing is always paid in L$ at the L$ price for the listing minus applicable fees regardless of the stated US Dollar price. | The merchant for a listing is always paid in L$ at the L$ price for the listing minus applicable fees regardless of the stated US Dollar price. | ||
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{{KBnote| PayPal functionality is not available on the Xstreet Uncensored website.}} | {{KBnote| PayPal functionality is not available on the Xstreet Uncensored website.}} | ||
* The | * The convenience fee 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. | ||
Revision as of 14:10, 28 May 2010
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.
To add an enhancement, do so when filling out the listing form, or by editing the listing and selecting the enhancement you would like to add.
Learn about the listing enhancement options.
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$2,899 per 30 days or L$899 per 7 days |
- Listing enhancements are prepaid subscription services. At the end of the term, Xstreet will automatically charge your account and renew the subscription, unless you cancel the subscription or schedule it for discontinuation using the My Subscriptions page in the My Account area.
- Xstreet reserves the right to alter subscription services with or without notice. If a change results in a price increase and existing prices are not grandfathered, Xstreet reserves the right to either provide minimum 30 days notice of the price increase, or schedule your related subscriptions for discontinuation at Xstreet's sole discretion.
Purchasing with US Dollars
Whenever the purchase of Linden Dollars is initiated from the L$ QuickBuy page or the purchase of an item is initiated in US Dollars for a marketplace listing, a Convenience Fee is applied. This fee varies depending upon the volume of L$ converted and the type of purchase. The effective currency conversion rate can be calculated by dividing the L$ volume being purchased by the US$ price quoted.
The merchant for a listing is always paid in L$ at the L$ price for the listing minus applicable fees regardless of the stated US Dollar price.
 |
Note: PayPal functionality is not available on the Xstreet Uncensored website. |
- The convenience fee 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: PayPal functionality is not available on the Xstreet Uncensored website. |
| PayPal Disbursements | 2.0% to a maximum of $1.00 USD |
| Check Disbursements | $5.00 USD |
- There are maximum payment limits in place to prevent fraudulent transactions. Limits automatically adjust according to your individual account history. Refer to the USD deposit page for your limit information.
- eCheck payments are processed when the transaction clears the bank. This is typically 2-4 business days.
- Xstreet attempts to make funds available immediately upon payment, but this is not always possible. Refer to the Xstreet Terms of Service for detailed information.
- Disbursements are processed daily Monday through Friday and sent via Mass Pay.
Currency Exchange Trades
The Currency Exchange charges a combination of:
- "Spread pricing", where buy and sell orders are filled at different prices.
- A service fee for buy orders
| Standard trades | 30 pip spread |
| Filled buy orders | 2.2% USD conversion fee |
- 1 pip equals 0.1 L$ 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.