Our Guide To Setting Product Tax
By default 0% tax is added to your products prices. In order to set your product tax, it’s essential to set up a 7.5% VAT on your products prices. Begin by accessing the product settings and selecting “Taxable,” then opt for “Standard VAT” Once activated, each invoice will include 7.5% VAT, clearly displayed in the…
Payment Fees & Process
Shopnest ensures payment processes and fees are transparent and clear at all times. That’s why we exclusively utilize Paystack as our trusted payment service provider. Here’s what you need to know below: Transaction Fees: Local transactions incur a fee of 1.5% + NGN 100. However, the NGN 100 fee is waived for transactions under NGN…
Withdraw your money
1. For starting withdrawal requests first you need to share your bank details: go to Vendor Dashboard > Settings > “Payment.” Click “Add Payment Method” and fill out the form with your details. Once set you don’t need to repeat the process. 2. For submitting withdrawal requests go to Withdraw on Vendor Dashboard and click…