Fees & Payments Policy
Sellers may be charged for using some of MillionDollarVillas Luxury Shop’s services. This Fees & Payments Policy explains your fees, bills, and taxes and how to pay them.
This policy is a part of our Terms & Conditions. By opening an MillionDollarVillas Luxury Shop, you’re agreeing to this policy and our Terms & Conditions.
- Types of Fees
Sellers may be required to pay the following types of fees:
There are no listing fees involved because the possibility to have a shop is only available to those who are enlisted in the Luxury Directory of MillionDollarVillas.com.
When you make a sale through MillionDollarVillas Luxury Shop, we will hold 10% of the sales. This percentage does not apply to the shipping cost or tax.
Payment Processing Fees
Online Sales. Eligible MillionDollarVillas Luxury Shop Shops may use MillionDollarVillas Luxury Shop’s Direct Checkout service to accept certain payments through MillionDollarVillas Luxury Shop (see more about Direct Checkout here). MillionDollarVillas Luxury Shop charges a payment processing fee for processing each transaction through Direct Checkout. Payment processing fees vary based on the location of your bank account. See the Direct Checkout Policy to find payment processing fees by country. This fee is assessed on the total amount of the sale, including tax and shipping. Unlike other fees, the payment processing fee is deducted from the transaction amount as the funds become available for deposit. Payment processing fees will be reflected in your Shop Payment Account, rather than on your MillionDollarVillas Luxury Shop bill.
VAT (Value-Added Tax) Fees
Under European Union law, the business selling the goods and sending the invoice has to pay the Value-Added Tax to country of the buyer. So the VAT has to be payed by the vendor.
- Fee Avoidance
Any action by a seller to avoid paying a fee is considered fee avoidance and is strictly prohibited by MillionDollarVillas Luxury Shop. This includes, for example, encouraging buyers to purchase an item in your MillionDollarVillas Luxury Shop Shop through another venue. The price stated in each listing description must be an accurate representation of the sale. Sellers may not charge excessive shipping fees. Sellers may not alter the item’s price after a sale for the purpose of avoiding MillionDollarVillas Luxury Shop transaction fees, misrepresent the item’s location, or use another user’s account without permission.
- Paying your MillionDollarVillas Luxury Shop and Directory Invoice.
MillionDollarVillas Luxury Shop charge your account at the at the end of every 30 days membership period that you have since you bought your Directory subscription. The MillionDollarVillas Luxury Shopinvoice will detail the amount due for the next month’s fees and services. You are responsible for paying this invoice so keep your credit card information up to date and have sufficient funds available.
Sellers may pay their MillionDollarVillas invoice manually by credit card, debit card, PayPal.
- Direct Checkout
MillionDollarVillas Luxury Shop’s Direct Checkout service enables sellers to accept various forms of payment in their local currencies while using MillionDollarVillas Luxury Shop’s services. Sellers registered for Direct Checkout can accept payment by credit card, debit card, MillionDollarVillas Luxury Shop Gift Card and PayPal.
You are responsible for collecting and paying any taxes associated with using and making sales through MillionDollarVillas Luxury Shop’s services.