Pennybridge - FAQ
Through Tradera's collaboration with Pennybridge, our members can sell items and donate the proceeds to a fundraiser. Pennybridge verifies all beneficiaries so you can be sure the money goes to the right hands.
Will the seller have to pay anything?
The seller receives the shipping cost and pays for it as usual. Then Tradera's commission is deducted before the money is transferred to Pennybridge. The only thing charged to the seller is optional extras - if you choose them. If you do not add extras when you create the ad, you will not receive an invoice for ads where you donate the entire amount.
How does it work?
In a sale with shipping, the seller is first paid the shipping cost. Then Tradera's commission fee, 10% incl. VAT, is deducted, which allows us to cover our costs and continue to offer a circular marketplace. Pennybridge forwards the rest of the amount directly to the organization and then deducts 5% of the forwarded amount. Both Pennybridge and Tradera charge a maximum of SEK 200 each in fees per ad. Click here to read more.
Will I receive an invoice from Tradera if I have only sold for the benefit of a charity or association?
As a seller, you will only be charged for any extras on these ads, if you do not choose any extras there will be no fees for you as a seller.
Who pays for shipping?
The buyer pays as usual for the ad + shipping, the payment for the shipping cost goes to you as the seller and the money for the item goes to Pennybridge.
Can I trust Pennybridge to distribute the money to the right fundraiser?
Pennybridge meets the Financial Supervisory Authority's requirements and regulations for payment services and money transfers. They also work according to the UN Global Compact and any surplus is used to lower fundraising costs.
Do you want to connect your organization/fundraiser to Pennybridge? Click here.