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List of Qixit Service Fees

Last Updated on August 8, 2008  

SCHEDULE OF CHARGES AND FEES

NOTE: Qixit fees and accounts are calculated and tracked to one-hundredths of a cent.

 

A.  Qixit’s compensation for delivery services, sales, order processing, customer service, and accounting:

·        15% of the your designated “delivery charges”:

o       Example: You set the delivery charge for receiving an advertisement 11 cents. On receiving such an ad, would account will show a credit of $0.11 cents, minus our charge of 15% ($0.0165) with a net adjustment of $0.0935 added to your account. 

·        For all GOODS you sell for which you receive “attached funds” as shown in the Qixit service: 15% of the first $2.00 plus 3% of any amount over $2.00.

o     Example 1:   You receive a payment of $1 for an ebook.  Your account history will show a credit of $1.00, minus our charge of 15% ($0.01500) with a net adjustment of $0.8500 added to your account balance.

o     Example 2:   You receive a payment of $100 for a potato that looks like Abraham Lincoln.  Your account history will show a credit of $100, minus our charge of 30 cents for the first two dollars plus 3% of the remaining $98, for a total fee of $3.2400, with a net adjustment of $96.76 added to your account balance.

B.           Miscellaneous Charges and Fees.

o For issue of a check:   $1.50

o For bank or credit card chargebacks:  $25

o For bank or credit card chargebacks if you have more than 5 chargebacks per month.: $35

o  Accounts with a positive balance but no earnings for 60 days or longer are considered dormant. Dormant accounts are subject to a charge of $1 per quarter and $10 per quarter after 365 days of inactivity.