Bymin

📢 Know Your Payment Fees!

Simple, Transparent, and Seller-Friendly Fees for You!

How it Works

payment_type1 Fast Payments
payment_type2 Clear Deduction
payment_type3 Secure Transactions
payment_type4 No Hidden Charges
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Start Selling in 3 Easy Steps

STEP: 1
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STEP: 2
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STEP: 3
  • Fee Structure
  • Payment Cycle
  • Profit Calculator

Fee Structure

Bymin Seller Fee Structure

Elevate your business with the prestigious ByMin Badge, a mark of trust and reliability that helps sellers achieve remarkable growth. With this badge, sellers report up to 3X revenue increase by standing out in the marketplace and earning customer confidence.

  1. Fixed Fee

    A platform fee based on the order value and your seller tier. It covers platform services, product visibility, and other seller benefits.

    • Example: ₹50 for orders up to ₹500.
  2. Commission Fee

    A percentage-based fee on the product’s selling price, varying by category.

    • ExExample: 5% for electronics, 10% for fashion.
  3. Shipping Fee

    Based on product weight and delivery location. ByMin ensures competitive shipping rates to minimize your costs.

    • Local Shipping (within city): Free for products under 500g.
    • National Shipping: Starts at ₹20 for 500g.
Amazon-Seller

Payment Cycle

Payment Cycle

We value prompt payments to support your business needs. ByMin processes payments quickly and securely:

  • When Payments are Released: Payments are initiated once the product is dispatched.
  • Timeframe: Payments are credited to your bank account within 7 days.
  • Transparency: Detailed payment breakdowns, including fees and taxes, are available in your account dashboard.

Check your payment schedule on your ByMin Seller Dashboard for real-time updates.

Fulfillment Options
  • The fees you pay depend on the type of fulfillment you choose. Here are the options:
    • Fulfillment by Bymin (FBB)

      Flipkart manages packaging, shipping, and delivery, ensuring top-notch service.

    • Non-Fulfillment by Bymin (NFBB)

      You handle packaging and shipping yourself, offering more control

  • Choose the option that best suits your business needs while keeping fees in mind.
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Profit Calculator

Profit Calculator

Gross Margin Calculation
  • To calculate your profit:
    • Total Bymin Fees =
      Fixed Fee + Commission Fee + Shipping Fee
    • Gross Margin =
      Selling Price - Total Bymin Fees
  • Example:
    • Selling Price: ₹450
    • Fees: ₹93.25 (Shipping: ₹16, Commission: ₹20.25, Fixed Fee: ₹57)
    • Gross Margin =
      ₹450 - ₹93.25 = ₹356.75
  • For exact fees, check your seller dashboard regularly.
  • By understanding these key points, you can manage costs effectively and maximize profitability.
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