MagNet Pricing:

There are no upfront costs or hidden fees to create a MagNet store and publish to the web; MagNet only takes a fee when a sale has been made. As the transaction amount increases, the fees decrease in percentage.

Payments are made every month and are deposited directly to your PayPal account. There must be $30 in your account for the deposit to be made or it will carry over until the next month. Requests for payments of less than $30 will have a 3% fee applied.

Transaction

CC fees

CC %

MagNet Fees

MagNet %

Total Fees

Total %

$1.00

 $0.10

10.0%

 $0.10

10.0%

 $0.20

20.0%

$3.00

 $0.20

6.7%

 $0.20

6.7%

 $0.40

13.3%

$5.00

 $0.30

6.0%

 $0.30

6.0%

 $0.60

12.0%

$10.00

 $0.55

5.5%

 $0.50

5.0%

 $1.05

10.5%

$20.00

 $0.88

4.4%

 $0.75

3.8%

 $1.63

8.2%

$50.00

 $1.75

3.5%

 $1.50

3.0%

 $3.25

6.5%

$100.00

 $3.20

3.2%

 $2.25

2.3%

 $5.45

5.5%

$1,000.00

 $29.30

2.9%

 $10.00

1.0%

 $39.30

3.9%

 

*Total Fees include standard credit card fees, which average $.30 + 3% for all transactions above $12.00 and $.05 + 5% for all transactions below $12.00. All transactions originating outside the U.S. are subject to additional credit card fees, which average an additional 1% per transaction.