Billing and Payment

Billing/Payout is done slightly differently for fulfillment (via shopify/website integration) compared to marketplace listing.

Your Own Website

Requirements:

- Shopify Account

- Credit Card Information

• We charge your credit card (product+print cost)+(shipping fee) when a transaction is made on your shopify webstore

 

Our Marketplace (www.famsy.my)

Requirements:

- Bank Account

• We pay out to your bank account (selling price) - (product+print cost) when a transaction is made on your shopify webstore

 

 

CALCULATING YOUR BILLING/PAY OUT

Note: Refer to Price List for (Product + Print Cost) and Shipping Fee Breakdown

Your Own Website

(Product+Print Cost) + (Shipping Fee)

eg) Customer purchases 2 (white double) Standard Round Neck Short Sleeve Unisex T-Shirt 160gsm, shipping to Sabah, Malaysia. Selling price (set by seller) is RM59 with Free Shipping:

(MYR28) + (MYR7.50+MYR1)

= RM36.50 (Charged to Credit Card)

You Earn

MYR59-MYR36.50 = 

RM22.50 (38% Profit Margin)

 

Our Marketplace (www.famsy.my)

Selling Price - (Product+Print Cost)

eg) Customer purchases 2 (colour single) Standard Cotton Baby Romper, shipping to Singapore. Selling price (set by seller) is MYR39:

= MYR39 - MYR22

= MYR17 (Payable to Seller Bank Account)

You Earn

MYR17 (44% Profit Margin)

Note: For Marketplace Listing, Customer pays for shipping directly on our website, so shipping fee is not factored into payout calculation