As of October 27, Reverb’s payment processing fee has changed:
- For sellers using Reverb Payments, the payment processing fee is 3.19% of the transaction amount + $0.49 per transaction.
- For Reverb Preferred Sellers, the payment processing fee is 2.99% of the transaction amount + $0.49 per transaction.
The payment processing fee for Reverb Payments is calculated based on the order total, and is assessed in your local currency. See the full breakdown of payment processing fees by countries where Reverb Payments is available.
Why did the payment processing fee for Reverb Payments change?
Credit card companies have increased the fees they charge Reverb. While we’ve kept our payment processing fee the same for the past 10 years, it’s become increasingly more expensive to process payments.
Does this change apply to all sellers?
This payment processing fee change applies to all sellers using Reverb Payments. If Reverb Payments is not available in your region, you should refer to the PayPal Payment Processing Fees.
When did this change go into effect?
This change went into effect at 12 a.m. CT on October 27, 2022.
What is a payment processing fee?
Payment processing fees are charged on all orders. They cover the cost of processing a buyer’s payment. This fee is separate from the 5% selling fee. You can learn more about payment processing fees here.
The payment processing fee differs for Reverb Payments sellers and PayPal sellers. If Reverb Payments is not available in your region, you should refer to the PayPal Payment Processing Fees.
Is this fee the same for new and used gear?
Yes, the payment processing fee for Reverb Payments is the same for new and used gear.
What do I pay if I listed my item prior to October 27, 2022?
This new payment processing fee for Reverb Payments applies to any item that is sold on or after October 27.