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Shopee raises seller transaction fee to keep business 'sustainable'

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Heads up, Shopee sellers. READ:

MANILA - E-commerce platform Shopee said Tuesday it raised its transaction or handling fee charged on all successful transactions to keep the business "sustainable."

"Shopee transaction fee is a handling fee Shopee charges sellers on all successful transactions via Shopee's payment services such as credit card and debit card, cash on delivery payments, ShopeePay, and others," it said."This move aims to create a healthy e-commerce ecosystem that sustainably benefits both buyers and sellers in the long-run and facilitates seamless payment transactions," Shopee told ABS-CBN News.

Shopee said it would continue updating its e-commerce platform with new features and to offer attractive promotions and campaigns. Albay Rep. Joey Salceda earlier proposed a bill seeking additional taxes on online transactions as Filipinos pivot to digital for their payments, groceries and other essential needs during the COVID-19 lockdowns.

 

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