Cosmofeed Platform Fee
Detailed breakdown of Cosmofeed's different pricing plans is available here.
Cosmofeed applies a 10% Platform Fee + GST (applicable as per Indian Government regulations) to each sale initiated by the user, encompassing payment gateway fees, platform charges, hosting charges, etc. Apart from this comprehensive fee, there are no additional monthly payments or concealed charges.
Why do we collect this Platform Fee?
The fee collected by Cosmofeed serves multiple purposes that contribute to the smooth operation and maintenance of our platform and services. Here are the reasons why we collect this fee:
1. Platform Maintenance: The fee helps cover the costs associated with maintaining and improving the Cosmofeed platform. This includes investing in technical infrastructure, ensuring the platform's reliability, and implementing necessary updates and security measures.
2. Transaction Processing: The fee covers the expenses incurred during credit card processing and transaction handling. This includes charges imposed by payment gateways, ensuring secure transactions, and managing the associated administrative tasks.
3. Service Enhancement: We continuously strive to enhance the features and functionality of our platform to provide you with a better user experience. The fee collected contributes to the development and implementation of new features, user interface improvements, and overall service enhancements.
4. Customer Support: We take pride in offering dedicated customer support to address any issues or inquiries you may have. The fee helps us maintain a responsive and knowledgeable support team that can assist you promptly, ensuring a smooth and satisfactory user experience.
By collecting this Platform Fee, Cosmofeed can sustain its operations, invest in platform improvements, and deliver quality services to its users. It allows us to maintain a reliable, secure, and feature-rich platform that meets your needs as a seller.
How to reduce the platform fee?
By opting for Cosmofeed's Enterprise Plan, you have the opportunity to obtain a lower platform fee compared to the standard fee structure. Here's how the Enterprise Plan can provide you with this benefit:
1. Customised Pricing: With the Enterprise Plan, you have the flexibility to negotiate and discuss customised pricing options tailored to your specific needs. Our team will work closely with you to understand your requirements and devise a pricing structure that aligns with your sales goals. This can lead to a lower platform fee compared to the standard rates.
2. Additional Benefits: Along with a reduced platform fee, the Enterprise Plan often includes additional benefits and premium features that are not available in the standard plans. These may include priority customer support, advanced analytics, specialised integrations, dedicated account management, and more. These added advantages can further enhance your selling experience while also potentially reducing your overall costs.
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