Pay As You Go (PAYG) Model
The Pay As You Go (PAYG) model is a Marketcube offered payment plan where we partner with you to help you succeed and be co-drivers in your success journey. Your growth is our growth!
Allocating funds in a business is one of the most crucial aspects. At times the most difficult business decision to make is to decide where to invest, and how to invest, while being assured of viability and sustainability. To help you make better commercial decisions, we have introduced the Marketcube Pay As You Go (PAYG) Model.
Under this model, billing is based on all order lines fulfilled within the billing period. The fee will be 3% of the total order value (GMV) of fulfilled orders or $199, whichever is greater, charged at the end of each billing period.
Example:
If the billing period is from 10th April to 10th May and 300 order lines are fulfilled during this period, the GMV will be calculated from these 300 fulfilled order lines. A 3% fee on the GMV will be applied for that billing cycle.
Important to note:
- No charge is applied for unfulfilled orders.
- Fees are not refunded for orders that are later returned or refunded after fulfilment.
The plan comes with a minimum commitment of an year and you either pay the minimum fee, or 3% commission of the sales, whichever is higher. The minimum threshold fees is described below-
- Up to 5K products: 3% or Minimum $199 (whichever value is greater)
- Up to 10K products: 3% or Minimum $499 (whichever value is greater)
- Up to 25K products: 3% or Minimum $999 (whichever value is greater)
Fair and transparent pricing, accompanied by a sheer will to grow together, is what makes it all the more interesting. For more details, please refer to the PAYG Pricing mentioned on our website - Link
For more information about the PAYG Model, please feel free to write to our Product Specialists at support@marketcube.io.