Fees for Selling on Shopee Malaysia 2024
Ellie Kuk 10 Jan 2024 08:09
How much does Shopee charge sellers in Malaysia? What are the Shopee fees and charges in 2024? Whether you are just starting out or have been in a business for years, you need to keep in mind the Shopee seller fees so you can add appropriate margins to your Shopee products. Shopee charges sellers various types of fees for the services that they provide on the Shopee platform, such as commission, transaction, service and shipping fees.
In the following part, we will introduce the 3 types of seller fees on Shopee: Commission Fee, Transaction Fee, and Service Fee. Read on to find more details.
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Introduction
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Shopee Commission Fee 2024
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Shopee Transaction Fee 2024
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Shopee Service Fee 2024
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Conclusion
1. Shopee Commission Fee 2024
a. What is the Shopee Commission Fee?
Starting October 24, 2023, the Shopee Marketplace Commission Fee will be charged to local Marketplace sellers who have been selling on Shopee for more than 120 days, which starts from the day of the seller's first product listing on the Shopee platform. The commission fee will only be incurred on day 121.
The Shopee commission fee is an additional fee chargeable on completed orders. Completed orders refer to total paid orders that have been delivered to and accepted by the buyers. This excludes canceled or returned/refunded orders, and orders pending buyers to receive and accept delivery. Total completed orders can be viewed via Order > My Orders > Completed on Shopee Seller Centre.
b. How much is the Shopee Commission Fee?
Shopee’s commission fee for all local marketplace sellers in 2024 differ according to the cluster, category and sub-category of an SKU sold on Shopee, ranging between 0.00% to 4.24% (including 6% SST) of the product selling price.
Marketplace Commission Fee Rate
c. Shopee Commission Fee Calculation
Marketplace Commission Fee = Commission Rate (including 6% SST) x (Product Price - Seller Product Discount - Seller Vouchers)
Example calculation:
d. Where can I check the Commission Fees charged on my orders?
Log into your Shopee Seller Centre and refer to My Income > My Tax Invoices to check the commission fees charged for all completed orders.
2. Shopee Transaction Fee 2024
a. What is the Shopee Transaction Fee?
All local Marketplace sellers (Non-Shopee Mall sellers) and Mall sellers are charged Transaction Fees to cover payment gateway fees that apply to all online transactions conducted by the service providers (such as credit or debit card) after the Buyers’ successful orders.
b. How much is the Shopee Transaction Fee?
Shopee's Transaction Fee in 2024 is calculated as 2.12% (inclusive of 6% SST tax) of the final order amount paid by Buyer before Shopee Sponsored Discounts, rounded up to 2 decimal places. Shopee will deduct the Transaction Fee automatically from Sellers' payout when an order is completed.
c. Shopee Transaction Fee Calculation
Transaction Fee = 2.12% x Buyer Paid Amount Before Shopee Sponsored Discounts (Product Original Selling Price - Seller Sponsored Discounts + Shipping Fee Paid by Buyer)
Example calculation:
Original merchandise price is RM1201. Shopee's item rebate of RM100 sets the current merchandise price as RM20.00
Buyer uses Seller's sponsored voucher of RM1 off. Buyer pays RM4.90 for shipping.
d. Where can I check the Transaction Fees charged on my orders?
Sellers will be able to check the Transaction Fees charged on the completed orders from the tax invoices. Log into your Shopee Seller Centre and head over to My Income > My Tax Invoices to check the Shopee transaction fees.
3. Shopee Service Fee 2024
a. What is the Shopee Service Fee?
Shopee Marketplace (Non-Shopee Mall) and Mall Sellers who opt-in for the Free Shipping Programme or the Coins Cashback Programme are required to pay service fees, regardless of whether the Free Shipping Voucher or 10% Cashback Voucher has been utilized by buyers. Service fees are subject to 6% SST.
b. How much is the Shopee Service Fee?
Shopee Service Fee Rate
c. Shopee Service Fee Calculation
Service Fee = Service Fee Rate x (Product Price - Seller Product Discount - Seller Vouchers)
Example Calculation:
d. Where can I check the Service Fees charged on my orders?
You will be able to check the service fees charged on your completed orders from the tax invoice accessible via Shopee Seller Centre > My Income > My Tax Invoices.
If you're not already a Shopee seller, you can first refer to this blog article to set up a Shopee shop.
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