What is the NFT transaction fee on bePAY?
Hereunder are the fees that users will have to be in charge:
- The BNPL fee (charged to the seller) ranges from 7.5 percent to 12.5 percent, depending on the items and the seller.
- Late payment fee due to inability to pay on time, collected from the user (0,2 - 0,5%) until the transaction is completed.
- Fee for straight payment: 2.5 percent (charged to the seller).
- Royalty fees can also be determined by KOLs, usually 1.99% (up to 50%) on each transaction (every time the owner buys and resells the product)