16 09
What are the lowest transaction fees? Comparison of flea market apps from three major companies-BCN+R

Sales Strategy

Which transaction fee is the lowest? Comparison of 3 major flea market apps - BCN + R

2021/03/24 19:00

Flea market apps that allow you to easily list and purchase items from your smartphone have become a part of our lives. However, when choosing an app to use, it is a waste to decide only by name recognition. A fee is required for listing and shopping on flea market apps, and the fees differ for each flea market app. If you want to use it, you want to keep the cost down as much as possible. First, I would like to organize the fees required when using the flea market app. There are three main fees.

Sales commission

 Sales commission is the fee charged when a transaction is completed. It depends on the seller. Since the commission is calculated by multiplying the selling price by a certain percentage, the more expensive the item, the higher the commission.

Transfer fee

 Transfer fee is a fee required when cashing the money earned by selling products on the flea market app. It also depends on the seller. Since it is generated not for each sale but for each cashing, it can be said that it is more profitable to cash it in bulk to some extent.

Settlement fee

 The settlement fee is the fee required when paying for the purchased product. It depends on the purchaser. There are many places where it is free if you use a credit card, but there are cases where a fee is required when paying at convenience stores or ATMs.

PayPay Flea Market

 PayPay Flea Market is a flea market service operated by Yahoo! JAPAN. In about 11 and a half months since the service was launched, the app has surpassed 5 million downloads, making it the fastest flea market app. The biggest feature is that the sales commission will be reduced from 10% to 5% for products listed after January 20, 2021, and that it is currently the lowest price among the three major companies. The transfer fee is 100 yen for each transfer, but it is free if the receiving account is Japan Net Bank. Also, you can choose PayPay balance or credit card for payment, but both are free of charge.

Mercari

Mercari is synonymous with flea market apps. It is said that more than 15 million people enjoy shopping every day. The sales commission is 10%. In addition, the transfer fee for withdrawing sales is 200 yen. In addition, an additional 200 yen is required for express transfers. The payment fee is 0 yen for credit cards, and 100 yen for convenience stores, ATMs, and carrier payments.

Rakuma

Rakuma is a flea market app within the Rakuten economic zone. Since Rakuten points can be used, it can be said that it is a service that needs attention for those who often use Rakuten-related services. Note that the sales commission has been increased from 3.5% to 6% from January 13, 2021. The transfer fee is free if the transfer is to Rakuten Bank and the amount is 10,000 yen or more, and 210 yen otherwise. A payment fee of 100 yen is required for convenience stores, ATMs, and carrier payments, but it is free for other payment methods such as credit cards.

Choose a flea market app that is good for you

 Based on the above comparison, PayPay has the lowest transaction fee. In the season of new life from now on, some people may be thinking about buying what they need on a flea market app or selling what they don't need. The fee required to use the flea market app varies depending on the service, so please consider which flea market app is the most profitable for you while considering the related services for both listing and purchasing. (Leiter Hauser)