Card Payment Fee
Accepting Credit Card payments is great for Sellers, because it means items are much easier for buyers to pay for and hence Sellers to get their funds! However, banks and other financial institutions charge Designer Wardrobe for these types of transactions (e.g. when a Visa or Mastercard is used as a form of payment).
While no-one likes fees (neither do we!), Designer Wardrobe needs to recover this cost and the additional related costs we incur when accepting credit cards as a form of payment. When Buyers choose to pay by Credit Card - a small card payment fee of just 2.7% + 30c will be added to your sale. Buyers are not charged for using Credit Cards when purchasing. No card payment fee is applied for Sellers when purchases are made via Laybuy.
No card payment fee is applied for Sellers when purchases are made via Laybuy.