Getting paid for your sales requires just 5 steps:

1. Set up your bank account in Seller Dashboard; we can’t pay you until you specify your deposit method. Sellers / Vendors payment options includes: PayPal, Stripe, & Bank Transfer.
2. Ensure that you have a valid payment method in your dashboard. This can be completed in the setting tab of your sellers dashboard.
3. Sell your products and dispatch them only to the addresses specified by the buyer as communicated in your order section of the dashboard.
4. Change your order status to completed. This will kick start the automated payment disbursement / settlement process.
5. Your fund will be processed immediately and will be disbursed automatically at the schedule interval which is normally weekly.

Note:

• Generally, Fairfurt United Kingdom operates payment disbursal by “Schedule interval” that is every Monday of every week) except on bank holidays.  
• The entire mechanism of weekly withdrawal is automated and the payment is disbursed to the vendors as per the time schedule set.

Setting up your payment account is the most essential component for for fund / settlement payout. Vendors are allowed to withdrawal their funds via these payment options.

Vendor payment options –

• PayPal
• Stripe
• Bank Transfer

Vendors will be able to check their pending withdrawal amount and claim them by clicking on the withdrawal button here: Dashboard >> Payments>> withdrawal 

On clicking the “withdrawal” button vendor will be redirected to Withdrawal request page to select the orders for which they want to claim the amount.

Once the “request” button is clicked, Fairfurt Account Manager gets notified about the claim for approval

Vendor can download their transaction invoice by clicking on the pdf icon from the Payments page of their dashboard. 

Sellers / Vendors will have Stripe account connect option at their Store Manager -> Setting -> Payment -> Preferred Payment Method 

On clicking “Connect with Stripe” button, vendor will be redirect to Stripe site to connect their account with Admin’s stripe account.

After successful connect, vendor will redirect back to their dashboard payment tab and will see connect information.

Note: Sellers / Vendors may disconnect their account anytime from here as well.

Sellers / Vendors will have PayPal account connect option at their Store Manager -> Setting -> Payment -> Preferred Payment Method 

Generally, there is no withdrawal charges for using stripe & bank transfer. However, paypal is charging an additional 2.5% applicable for each withdrawal. Note, this is not Fairfurt UK fees but additional paypal payout fee – see paypal payout fees for details

These charges will be deducted from vendor’s withdrawal amount depending upon Withdrawal Payment Method.

Note:

• Fairfurt UK calculates your account balance. withdrawal charges (if applicable), customer refunds etc can affect your balance.
• If your account balance is positive, if you have entered valid information in the Seller Dashboard for your Preferred Payment Method, Fairfurt UK will initiate a transfer to your payment method. It usually takes 1 to 3 business days from the time that we initiate a transfer before the funds are credited to your Preferred Payment account.
• If your account balance is negative, we will charge the amount of the negative balance to your payment method.
• Fairfurt UK will provide settlement report data if there was activity since the previous settlement cycle.

Typically, Fairfurt sellers  get paid weekly on every Monday of the week. Bi-weekly payments are more common if your product is sold after the payment runs on a Monday.

Fairfurt UK doesn’t pay sellers right away. However, under certain arrangement & agreement, you may qualify for immediate or next-day payouts.

If everything is up-to-date and you don’t have an unavailable or negative balance, Fairfurt UK will remit payment every Monday.

Designed specifically for cash flow issues that arise from independent and small business owners payouts, payments can be made immediately as the customer is making the payment. (this is currently on beta, and will be rolled out to qualified sellers soon).