The following fees are applicable:
a) Single Commission Fee
b) Refund Administration Fee
c) Currency Conversion Fee
d) Promoted Listing Fee
e) International Selling Fee
f) Fulfilment Fee
g) Storage Fee
a). SINGLE COMMISSION FEE
i. The Single Commission Fee payable by you will be as notified to you by us in writing at the time of inviting you to participate in the Site, or as may be amended in accordance with Clause 1 of these Conditions.
ii. A Single Commission Fee is payable by you on the value of the total amount payable by a Customer in relation to a Product sold through the Site by you. The Single Commission Fee is calculated as a 9.9% of the value of a Product, including the delivery charges applying to that Product.
iii. We will refund monies paid and received by us in respect of sold Products that are subsequently returned by the Customer and authorised for refund by you.
b). REFUND ADMINISTRATION FEE
i. You will pay a Refund Fee to us where the price paid for a Product sold through our Website is refunded to the Customer. The Refund Fee is not refundable under any circumstances.
ii. The Refund Fee is 2.5% of the total amount refunded, or such other amount as we may notify to you from time to time.
c). CURRENCY CONVERSION FEE
i. If our payment to you as set out in Clause 16I below involves a currency conversion, it will be completed at a foreign exchange rate determined by a financial institution, which is adjusted regularly based on market conditions and which may be applied immediately and without notice to you. This exchange rate includes a processing fee expressed as 2% above the wholesale exchange rate at which we obtain foreign currency, and the processing fee is retained by us.
d). PROMOTED LISTINGS
With Promoted Listings you can spotlight your listings in prominent locations across theluckydrinker.com platform and give them a visibility boost.
You can promote:
• your products
• your store
e). INTERNATIONAL SELLING FEES
Service currently not available.
f). FULFILMENT FEE
Service currently not available.
g). STORAGE FEE
Service currently not available.
i. As part of your appointing us as your commercial agent (as set out in Clause 6.A of these Conditions), you agree that we also act as your exclusive agent for the purpose of accepting, refunding and/or otherwise processing payment(s) related to the sale of Product(s) by you via the Site (or any other sales channel which we may offer to you from time to time).
ii. Both you and we acknowledge and agree that except as otherwise provided in these Conditions (and in acknowledgement that both parties are businesses), that the duties of an agent implied under the common law are expressly excluded. For the avoidance of doubt, we, acting as your commercial agent, are neither the buyer nor the seller of the Product(s) and are not a party to the contract of sale of Product(s) between you and the Customer.
iii. Payments for Product(s) will be made directly by a Customer to us (acting as your commercial agent), following you confirming your acceptance of the order to us. You must check the site daily for alert of new orders. You agree that the Customer’s obligation to pay you for Product(s) is satisfied when the Customer validly pays us for the applicable Product(s) following a request by a Customer to redeem a gift voucher, we apply the Gift Voucher Funds against the purchase price. You further agree that you will not seek recourse (legal or otherwise) against a Customer or any third party (including, but not limited to any payment service provider or gateway) for payment of a Product if the Customer has validly paid us in the manner referred to in this clause or we have credited funds to you in recognition of a voucher pursuant to Clause 16.I.v.
iv. Payment for Product(s) by Customers through the Site will be through payment methods made available from time to time, using our current online payment processing system.
v. We may offer gift vouchers to Customers that are available for redemption against theluckydrinker.com (whether by the original Customer purchaser or their nominated Customer beneficiary). You acknowledge and agree that: (i) any purchase and redemption of a theluckydrinker.com gift voucher is as between the Customer and us; (ii) you will not accept any gift vouchers as a means of payment or value; and (iii) where we accept redemption of a gift voucher we do so as principal and not as your agent. If a Customer redeems a gift voucher, we will then apply an equivalent sum to the relevant purchase from our Gift Voucher Funds in settlement of the amount due to you. Any shortfall will be paid for by the Customer using our current online payment processing system.
vi. We agree to pay you for the relevant transaction less the Single Commission Fee weekly, 15-21 days in arrears following acceptance of an order by you through the site. Unless we otherwise agree with you, any payments we make to you will be in the domestic currency of the region where your bank account nominated to receive such payments is held and which may also be subject to the Currency Conversion Fee.
vii. From time to time we may retain a portion of the payment due to you in order to provide for refunds due or expected to be due to a Customer in the ensuing period. If refunds exceed your sales in a particular period, any future payments will be used to clear your negative balance and the difference leftover will be paid when the next payment is due. We have the right to retain a payment for up to 8 weeks, for any refunds expected to be due.
viii. You agree to provide such of your banking details as are required or requested by us, in order that payment may be processed to you in respect of any Products sold.
ix. You agree to ensure the banking details referred to in Clause 16.I.viii are kept up-to-date, and you agree to notify us of any changes on the next Working Day. You agree to be responsible for paying any banking charges or other administrative expenses incurred by us as a result of any inaccuracies in any such information.
x. Where we are deemed for VAT purposes to be the supplier of Products to a Customer, and believe that we are responsible for accounting for that VAT to the relevant tax authority, you agree that we will be entitled to deduct from the sums due to you an amount equal to the VAT that we reasonably believe is due in respect of the sale (based upon the information provided to us detailed in Clause 4.I), and will account for such VAT to the relevant tax authority. If such amount is found to be insufficient, you agree to pay to us an amount equal to any shortfall.