How do fees work on Roynac?
Joining and starting a shop on Roynac is free. There are three basic selling fees: a listing fee, a transaction fee, and a payment processing fee.
It costs nothing to publish a listing to the Roynac marketplace.
A listing lasts for four months or until the item is sold. Once an item sells, there is a 5% transaction fee on the sale or rental price (not including shipping costs).
If you accept payments with PayPal, there is also a payment processing fee based on their fee structure.
You may double check also with your bank's currency, if it is not USD, the amount may differ based on changes in the exchange rate.
How do I get paid?
If you accept payments with PayPal, funds from PayPal sales on Roynac will be deposited into your PayPal account. We encourage sellers to use a PayPal Business account and not a Personal account, as personal accounts are subject to monthly receiving limits and cannot accept payments from buyers that are funded by a credit card.
Do I need a credit or debit card to create a shop?
No, a credit or debit card is not required to create a shop. To be verified as a seller you have the choice to use either a credit card or to register via PayPal. You will not incur any charges until you sell or rent your products or software within you open your shop.
How VAT Works on Roynac?
VAT stands for value-added tax. It's a tax based on the consumption of goods and services that are commonly found in the EU and select other regions of the world.
VAT is also known as JCT in Japan and GST in New Zealand and Australia.
VAT may be charged to buyers on their purchases (“VAT on Items Sold on Roynac”) as well as to eligible sellers on their paid seller fees ("VAT on seller fees”).