Joining and starting a shop on Shopihive is free. There are three basic selling fees: a listing fee, a transaction fee, and a payment processing fee.
It costs USD 0.20 to publish a listing to the marketplace. A listing lasts for four months or until the item is sold. Once an item sells, there is a 10% transaction fee on the sale price (not including shipping costs). If you accept payments with PayPal, there is also a payment processing fee based on their fee structure.
Listing fees are billed for $0.20 USD, so if your bank’s currency is not USD, the amount may differ based on changes in the exchange rate.
t’s easy to set up a shop on Shopihive. Create an Shopihive account (if you don’t already have one), set your shop location and currency, choose a shop name, create a listing, set a payment method (how you want to be paid), and finally set a billing method (how you want to pay your Shopihive fees).
If you accept payments with Bank Or Paystack, funds from Bank Or Paystack sales on Shopihive will be deposited into your Bank Account Or Mobile Money. We encourage sellers to use a Bank And Mobile Money Business account and not a Personal account, as personal accounts are subject to monthly receiving limits and cannot accept payments from buyers that are funded by a credit card.
No, a credit or debit card is not required to create a shop. To be verified as a seller you have the choice to use either a credit card or to register via Bank Or MoMo. You will not incur any charges until you open your shop and publish your listings.
Shopihive provides a marketplace for crafters, artists and collectors to sell their handmade creations, vintage goods (at least 20 years old), and both handmade and non-handmade crafting supplies. Sell Physical And Digital Products At Ease.
