How Are Transaction Fees Billed?

We refer to "Transaction Fees" as money that gets deducted from your payout. This is different from the insertion fee you may pay to list an item.

Audiogon only charges Transaction Fees on Pay Later listings once the item is sold. Pay Now listings never incur Transaction Fees.

When you choose a Pay Later Listing the transaction fee amount is clearly stated so you know exactly what the amount will be before listing. 

However, depending on the method of payment, Transaction Fees are either deducted automatically, or added to your Audiogon Account Balance to be paid automatically.

Buyer Pays Via Express Checkout (Stripe)

Transaction Fees are automatically deducted when a Buyer completes their purchase through Express Checkout.

Buyer Pays Via Affirm (Stripe)

Transaction Fees are automatically deducted when a Buyer completes their purchase through Express Checkout.

Buyer Pays Via PayPal or Escrow

If a buyer completes their transaction through PayPal or Escrow, Transaction Fees are generated separately and added to your Audiogon Account. Transaction Fees are found on your My Bill page in your user dashboard.

Fees are assessed to the seller's account at the time the transaction is completed. An invoice is sent within 24 hours, and the balance can be manually paid with any available payment method. After 48 hours from the transaction being completed, those fees will be automatically charged to the default credit card associated with your account.

Your credit card is only charged if there is a balance owed. If you would prefer to use another form of payment you may navigate to My Bill, and pay your balance manually within 48 hours.

Using Account Credit to Pay Transaction Fees

If you pay your Transaction Fee within 48 hours, you are able to choose the payment method you want to use: Default Credit Card, A Credit Card Other Than The Default Card, PayPal, and Audiogon Account Credit.

In order to use your Audiogon Account Credits to pay the fee, your Transaction Fee must be the same as your Account Credit or less. There are no split payment options.

Example

You have a credit of $50.00 but the Fee in your cart is $55.00. You will not be able to select Account Credits as your payment method. 

Fees Associated with Payment Methods

There may be separate fees deducted from your payout depending on what payment method you accept on your listing. These percentages are determined by the payment processor, and are not considered Audiogon Transaction Fees.

• Stripe
  • Processing fees of 2.9% + $.30.
• Affirm
  • Processed via Stripe, and are inclusive of Stripe's fees.
    • 8% on $251-$3,000
    • 10% on $3,001 - $17,500
• Escrow
  • 3.25% on $0-$5,000
  •  $162.50 + 0.26% on $5,000.01 - $25,000
  • .89% on $25,000.01+
• PayPal
  • 3.49% + $0.49