Merchant Term & Policy

BUSINESS PRICING
We make the fastest shipment in the online trade marketing industry. Your performance level; you get payment within the next 3-5 working days from the date of order dispatch. You decide the sale price of your products and we charge you a little fee on the successful orders you make.

PAYMENT STRUCTURE
Settlement Amount: The amount credited to your bank account within 3-5 working days of dispatch.
Order Item Value: Selling price and Shipping charge paid by customer and excludes discount offered by Seller.
Showplace Fee: Including Shipping Fee, Fixed Fee and Selling Commission

GST ON MARKETPLACE FEE: (18% of Business Place Fee)
Commission fee: Percentage of Order item value (depends on category & sub-category)
Shipping fee: Calculate based on product weight and shipping location
Collection fee: Payment gateway or cash collection charges for every sale
Fixed fee: A small fee that MSPL charges on all transactions

Shipping Fee
To ensure ease of selling and the best possible customer experience, we mandate delivery to all customers via our logistics partners (Delhivery) and Professional Courier and deduct the shipping cost from the selling price before making a payment to you.

Shipping fee is calculated on actual weight or volumetric weight, whichever is higher. This is to account for items which are lightweight but occupy a lot of shipping space.

Volumetric weight is calculated as below.
“Volumetric Weight (kg) = L*B*H (Length x Breadth x Height)/4000 where LBH are in cm”
The following rates are exclusive of all taxes.

WEIGHT SLAB LOCAL (INTRACITY)
IN RS.
ZONAL (INTRAZONE)
IN RS.
NATIONAL (INTERZONE)
IN RS.
0.0 Kg – 0.5 Kg (For every 0.5 kg) 35 55 77
0.5 Kg – 3.0 Kg (For every 0.5 kg) 25 30 32
3.0 Kg – 12.0 Kg (For every 1 kg) 12 15 18
> 12.0 Kg (For every 1 kg) 6 8 10

Local (Intracity): Item shipped within a city.
Zonal (Intrazonal): Item shipped within the borders of a zone (North, South, East, West)
National (Interzone): Item shipped across zones