As standard you can choose to receive your payment 60 days after each order or in one combined payment in the beginning of every month. Example: everything sold in April will be paid in the beginning of July, everything sold in May will be paid in the beginning of August. Settlement occurs on the next bank day after the due date.
Selected merchants of Fyndiq may receive shorter payout times after a written agreement.
Payments are made to your registered company's bank account. You decide the account to which you want payments made by submitting this form to Fyndiq’s merchant support. If no account has been registered by the time of the first payment, don’t worry. We hold the payment until we have received your account details.
As Fyndiq manages the entire payment flow between merchants and customers, the amount paid out will be the total of your sales during the period, minus applicable fees and any adjustments made, for example if a customer was refunded for an order. To see exactly which orders you have been paid for, and any adjustments, you can download a CSV report under the “payments” tab in Merchant Center.
Upon termination of your merchant account the final payment will be issued two months after the latest planned payment.
For sellers from outside of Sweden please refer to our special terms here.
Risk of negative balance
If you as a merchant reaches a high percentage of errands or if the sales decline to the extent that there is a risk that your merchant account generates a negative balance (a debt to Fyndiq), Fyndiq has the right to pause the payments until the risk is is considered to be much lower or eliminated.