How do fees work on Seybuy?
To sign up on Seybuy and get started is completely FREE! Yes free!
Just sign up to get access to all the products listed by everyone in the country. However as with any other operation, to operate Seybuy there is a certain cost that comes along with it. To cover our costs such as server maintenance, bank fees, and security and further improvement of the platform, We charge 13% on all products sold on the platform. This is to ensure that we can keep operations running smoothly and you can make your business, sell products, and make money while you sit in the comfort of your home.
What do I need to do to create a shop?
You simply need Internet access and some good quality pictures of your products taken in a way to give buyers a better experience of what they are expecting.
What can I sell on Seybuy?
On Seybuy you can sell anything from services to a physical product, AS LONG as it is following the law of Seychelles. E.g:- Drugs are illegal in Seychelles so you cannot sell any illegal items on Seybuy. Doing so will have you permanently banned from the website & legal actions will be directed towards you in case we are contacted for any illegal activities on our platform.
How do I get paid?
After you have submitted your shop opening request and it has been approved. There will be a new menu link under your profile menu called “Earnings”. You can access this menu by clicking on your profile name in the top right corner of your screen. In the earning section, you will have all your logs of the sales you have made and the amount of money you have accumulated, there will be a payout section where you can submit payout and withdraw all your accumulated funds. We will send you your funds through SEFT also know as ordinary bank transfer.
How does Seybuy protect sellers?
Whenever a sale is made on Seybuy. The funds come to us rather than the 3rd party directly. we do it that way not to make things difficult but rather to act as a regulator. In a scenario where you as a buyer bought an item but does not receive it the third party cannot get your funds unless we issue a payout and hence we can avoid frauds this way. In this environment, both buyers can feel safe and sellers will have to be honest and just.
Do I need a credit or debit card to create a shop?
Not at all! To get started and to create your shop all you need is internet access to be able to sign up on our website. That's all :)