Swappa Fee Calculator that calculates fees for buyers & sellers, including PayPal or Stripe processing fees.
Are you a seller or buyer?
A Little About Swappa:
Swappa is a trusted online marketplace famous for buying and selling gently used tech products, such as smartphones, laptops, tablets, and gaming machines.
Unlike other platforms, Swappa prioritizes safety and transparency by requiring thorough verification of listings and only allowing fully functional devices to be sold.
The platform charges low fees, making it an affordable option for both buyers and sellers.
Swappa’s strong community ensures that users can buy and sell with confidence.
Key Points for the Swappa Fee:
- Buyer Fee: Swappa adds a simple 3% fee to the listing price. This helps cover the cost of ensuring a safe transaction.
- Seller Fee: Sellers also contribute 3% of the sold price, keeping the marketplace secure and reliable.
- Payment Processing: Depending on your preferred method:
- PayPal: 3.49% + $0.49 per transaction.
- Stripe: 2.9% + $0.30 per transaction.
- Overall Calculation: Buyers see the listing price plus fees; sellers cover their fee and payment processing costs, so you know exactly what to expect.
Example:
Here are examples to illustrate how Swappa fees work for both buyers and sellers:
For Buyers:
Imagine you’re purchasing a smartphone listed at $500 on Swappa.
As a buyer, you’ll be charged a 3% Swappa fee, which is $15. So, your total cost will be $515.
For Sellers:
Let’s say you’re selling a laptop for $800. Swappa will charge you a 3% seller fee, which is $24.
Additionally, if you choose PayPal for payment, you’ll also pay a processing fee of 3.49% + $0.49.
So, your total fees would be approximately $52.41, and you’ll receive around $747.59.
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FAQs:
What fees do buyers pay on Swappa?
Buyers pay a 3% Swappa fee added to the listing price of the item they are purchasing.
What fees do sellers pay on Swappa?
Sellers pay a 3% fee on the sold price of their item, plus payment processing fees, which depend on the method used (PayPal or Stripe).
How much will I receive after all fees as a seller?
You will receive your asking price minus the Swappa fee and payment processing fees. For example, if your item sells for $800, and you use PayPal, you might receive approximately $747.59 after fees.
Can I see the fees before completing a sale?
Yes, using the Swappa Fee Calculator, you can estimate all fees and know exactly what you’ll receive before finalizing the sale.
Are there any hidden fees on Swappa?
No, Swappa is transparent about its fees. Buyers and sellers are informed of all applicable fees upfront, ensuring there are no surprises.
Do Swappa fees apply to all types of listings?
Yes, the 3% fee applies to all items sold on Swappa, including smartphones, laptops, and other tech products.