MARKETPLACE @ ISENSEI’S TRANSACTION FEE


All Marketplace @ iSensei sellers are charged a small transaction fee to cover payment gateway fees by the service providers only when a successfully completed order is made.

How will I be charged?
Transaction fee is calculated as 3% or RM3.00 whichever is higher of the final order amount paid by customer (inclusive of shipping fee), rounded up to 2 decimal places. Marketplace @ iSensei will deduct the transaction fee automatically from the seller’s payout when an order is completed.
Sample Calculation
Buyer Paid Amount comes from :
[Product Selling Price - Total discounts, vouchers, rebates] + [Shipping Fees]
Eg: RM53.00 (product selling price) - RM3.50 (free coucher) + RM5.90 (shipping fees) = RM55.40

Transaction fees: 3% x RM55.40 = RM1.67 [chargeable RM3.00* to seller] *as transaction fee is less than RM3.00

i.) Example (1) Calculation
CALCULATION OF TRANSACTION FEE WITH FREE VOUCHER OR CASHBACK ETC.
Selling Price RM15.00
(-) Seller Sponsored Voucher or Free Shipping Voucher or 10% Cashback Programme -RM3.50
Buyer Paid Amount RM11.50
Buyer Paid Amount (x) Transaction Fee Rate RM11.50 x 3%
Transaction Fee RM0.35 [RM3 chargeable to seller]
Total Payable to Seller RM8.50

T&C :
  • Buyer uses Seller’s sponsored voucher RM3.50 off OR
  • Buyer uses Free Shipping Voucher OR
  • Seller participated in a 10% Cashback Programme.

ii.) Example (2) Calculation
CALCULATION OF TRANSACTION FEE
Selling Price RM30.00
(+) Shipping Fee Paid by Buyer RM5.60
Buyer Paid Amount RM35.60
Buyer Paid Amount (x) Transaction Fee Rate RM35.60 x 3%
Transaction Fee RM1.07 [RM3 chargeable to seller]
Total Payable to Seller RM32.60

T&C :
  • Seller participated in a RM5 Free Shipping Programme for purchases more than RM50. (In this case, buyer are not eligible as purchases are less than RM50. So shipping fee is bare by buyer.)