GlassPass Fee Policy
Last updated 04.28.2022
It is free to list an item for sale on GlassPass. There are no setup, subscription or monthly fees.
The commission fee is tiered based on each Item’s purchase price plus shipping costs. Taxes are not included in the calculation of the commission fee. The seller fee is detailed below:
If the total Purchase Price + Shipping Cost is:
- Under $100, the fee is: 5% + $1
- Between $100 and $1,000: 4.5% + $0.50
- Between $1,000 and $10,000: 4%
- Over $10,000 (crypto only): 3.5% + gas fees
GlassPass collects the payment for the Item from the Buyer and will deduct the commission fee prior to payout to the Seller. Sales over $10,000 can only be paid out using cryptocurrency (DAI or USDC).
The Buyer will pay a flat 2% fee with a maximum cap of $25 for protection. The Buyer Protection fee is calculated based on each Item’s total purchase price plus shipping costs. Taxes are not included in the calculation of the Buyer Protection Fee.
Once the Buyer confirms it has received and accepted the Item (either by affirmatively indicating acceptance through the Service or by failing to notify GlassPass of any issues with the Item within two (2) days of receipt of the Item, as determined by the tracking information submitted by the Seller, then GlassPass will credit Seller’s account with an amount equal to the purchase price received from the Buyer (less any applicable taxes), and minus GlassPass’s commission.
If a Buyer requests a permitted return within two (2) days following receipt of Item by Buyer (based upon tracking number), GlassPass will refund payment to Buyer and will retain the Buyer Protection fee, but will not retain the Seller commission fee.
GlassPass pays all credit card processing fees.
Sales tax is automatically calculated, collected, and remitted to the state on your behalf.
GlassPass now accepts payment via cryptocurrency using Coinbase Commerce: BTC, ETH, DOGE, LTC, BCH, USDC, DAI. Cryptocurrency payouts are only sent using DAI or USDC.
GlassPass allows its users to place ads on the GlassPass website so that GlassPass visitors and users can easily find and discovery your glass art items (“Marketplace Offerings”) on the GlassPass site. There are 2 forms of paid advertising in-app:
1. Bumps: $1 for 1 bump
A “bump” allows paid advertisers to bump their listing to the top of the feed. This occurs once per bump.
2. Boosts: $5 for 12 hours
A “boost” allows paid advertisers to receive prominent placement on the GlassPass site as a “boosted” item, and will receive top placement in search results for a specified period of time (marked as “boosted”). Boosted posts will cycle through preset locations on the feed for the specified period of time.
Seller/Advertiser will provide GlassPass with the content of all logos, graphic files, links, or other advertising material (“Content”) to be displayed, distributed, or used.
We may change our Fee Policy from time to time by posting the changes to the GlassPass Site.
If you have any questions, contact us at email@example.com!