Ready for some more exciting news? At AppScenic, we’re always looking for ways to make your dropshipping experience smoother and better. And today, we’re thrilled to announce a major change that will benefit all our retailers and future users – we’re completely eliminating transaction fees for your orders with us! How awesome does that sound?!?
Now, in case you’re wondering what this means for you and how it positively impacts your business, well, we’ll explain everything in this article, so read on.
Table of Contents
What is a transaction fee?
First things first, let’s break down what a transaction fee is. A transaction fee is a charge that retailers usually have to pay every time a customer makes a payment. This fee can vary depending on the payment service used and is often a percentage of the transaction amount, sometimes with an additional fixed fee. These fees cover various costs like currency fluctuations and payment gateway charges.
At AppScenic, we’ve traditionally offered multiple payment options – from bank transfers (USD, EUR, GBP) to credit cards, PayPal, Stripe, and Wise. Each of these platforms has its own fees, which we would usually pass on to you. These fees ensured smooth transactions, protected buyers, and covered costs related to currency conversion and payment gateways.
Why did we charge transaction fees?
In the past, charging transaction fees was necessary to maintain the high level of service you’ve come to expect from us. These fees helped us ensure that all payment gateways functioned flawlessly 24/7, no matter how many orders were processed at any given time. They also supported the escrow of order payments between you and your suppliers, ensuring smooth returns and refunds, and protected you from hidden fees and surprises.
But here’s the thing – we’ve been listening. We know that for many of you, especially those starting with a tight budget, every fee matters. We understand that transaction fees can mean a lot for your profit margins and that you’d prefer to keep more of your money.
The big change: no more transaction fees
So, we decided to make a change. We’re eliminating transaction fees entirely. That’s right, you won’t pay a cent in transaction fees for your orders with us, no matter which payment method you or your customers choose.
This change applies to all users, existing and new. It’s our way of saying thank you for being part of the AppScenic community and helping us grow. We want to make sure you can focus on what matters most – growing your dropshipping business and attracting new customers.
What does this mean for you?
1. Increased profit margins: With transaction fees out of the picture, you’ll see an immediate increase in your profit margins. More money in your pocket means more resources to invest back into your business.
2. Simplified billing: No more trying to calculate how much you’ll lose to transaction fees on each sale. Your billing process just got a whole lot simpler and more transparent.
3. Competitive pricing: Lower costs for you can translate into more competitive pricing for your customers. This can give you an edge in the market and help attract more prospects.
4. Peace of mind: Without transaction fees, you can rest easy knowing there won’t be any unexpected charges reducing your profits. Transparency and simplicity are now at the forefront of our pricing model.
Awesome bonus: 10% Wallet bonus on your first deposit
We’re not stopping at eliminating transaction fees for your orders. We want to make your experience even better with a special offer. For a limited time only, we’re giving you a 10% wallet bonus on your first deposit, up to $50. This means that if you deposit $200, you’ll get an additional $20 added to your account as a bonus. It’s our way of giving you a little extra to get started. Now, this offer only applies one time per account not per store, and only to your first wallet deposit.
It’s just another reason to love being a part of the AppScenic community!
What about other fees?
You might be wondering if there are other fees to watch out for. At AppScenic, we believe in complete transparency. While we’ve eliminated transaction fees to help you maximize your profit margins, there is still a processing fee when depositing money into your wallet. A payment fee is required by our payment processor, Stripe, to cover transaction costs when you add funds to your wallet. This ensures that your deposits are securely processed and available for use in your account.
And of course, there are still subscription fees based on the plan you choose, these fees give you access to our platform and all its features, including our new AI features and automation tools that keep your products synced with our suppliers 24/7.
In conclusion
We’re really excited we could make this change happen and we hope it will have a huge positive impact on your business. By removing these transaction fees, we’re simplifying your financial management and helping you keep more of your sales.
At AppScenic, our goal is to provide you with the best possible tools and services to succeed as a dropshipper, and this is just one of the many steps we’re taking to achieve that.
Also, if you’re thinking about upgrading or choosing one of our paid plans, now is the time to do so. We’re increasing our prices, and by acting now and upgrading, you can still secure the best rates and enjoy all the new features and enhancements we’ve introduced.
So, what are you waiting for? Take advantage of the 10% wallet bonus on your first deposit and start growing your business without any transaction fees holding you back. Happy dropshipping!
