How does bonznza take out sales

Hi there

I’m new to Bonanza. I have not had a sale yet and it’s been 3 weeks. I know it can be slow though. When we do get a sale does Bonanza take it out of your bank account for each sale or through pay pal. If it’s a bank account it’s going to be a pin because then I have to re figure the balance every time. People say you can go to pay pal and print your labels so I’m guessing that comes from pay pal or do they charge you else where. Thanks Christin

asked about 7 years ago

3 Comments

TheVintageChateau says: February 23, 2018

Through PayPal

LuLusFancy says: February 23, 2018

I’m pretty new here, but have had a few sales. Bonanza took their cut out of my credit card, instead of out of the sales money that PayPal had. I was actually not pleased about that, but I didn’t find where I could change it.

FrogAndBearCreations says: February 24, 2018

you can set it up to come out via the credit/debit card from your bank account or pay it via Paypal – you will see when your bill is due and what it is each month and have the ability to let it auto debit to your bank or pay it at the beginning of the month by paypal

2 Answers

This is an official Bonanza response.

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Whenever you make a sale, your customer will send the money to your linked PayPal or Amazon Pay account. You then received a fee in your billing statement for that sale. Final value fees are due once you reach a balance of $3.00 or more in fees owed. For items that you sell, you’ll be billed once monthly. You can currently pay with PayPal or a credit card. We don’t have the ability to accept check or money order payments at this time, but you can use any old credit card through either direct payment or PayPal. You’ll receive a monthly email summarizing what you owe Bonanza.

You have the option to use PayPal to manually pay these fees (PayPal option will show starting the 1st of the month, until the 4th of the month, and it will also show when you near the limits mentioned below), which will be visible as a payment option on your fees owed page. If your seller fees are not paid manually by the 5th of each month, Bonanza will automatically charge the credit card that you have on file. We are not able to automatically process final value fee payments via PayPal at this time.

Also, new sellers who have less than 3 months of successful payments made toward their final value fees will have their final value fees automatically charged to the card on file each time their final value fees reach $ 25.00. All other sellers will have their final value fees automatically charged to the card on file each time their final value fees reach $ 100.00.

selected by Bonanza as the best answer

answered about 7 years ago

Through PayPal, if you signed up with PayPal.

answered about 7 years ago

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