#Reverb lp fees update#
#Reverb lp fees verification#

All funds resulting from a completed Payment Transaction will be reflected as a balance in Registered Seller’s Reverb Payments Account. The Reverb Payments service is available only to individuals who meet the terms stated in this Agreement.Ī. Balance Information. Registered Seller also authorizes us to verify his or her information from time to time while Registered Seller is using Reverb Payments.

A prospective Registered Seller authorizes us, and our authorized agents, to verify his or her information (including any updated information) by accessing public records and to obtain credit reports about prospective Registered Seller in order to approve prospective Registered Seller for use of the Reverb Payments service. Prospective Registered Sellers will not impersonate any person or use a name he or she is not legally authorized to use.

#Reverb lp fees update#

Prospective Registered Sellers must provide personal information as requested during registration, must provide Reverb true and accurate information, and must maintain and update that information as necessary. A Reverb Payments Account allows Registered Sellers to track payment amounts, refunds, and fees related to Payment Transactions.

Reverb Payments is only available to Registered Sellers.

once enrolled, sellers must continue to comply with this AgreementĪ. Registered Sellers.once enrolled, sellers must maintain policies for refunds and returns for their shops.prior to enrolling, sellers must publish policies for refunds and returns for their shops.once enrolled, sellers must maintain a rate of order cancellation below 10% of their total order volume.once enrolled, sellers must maintain an average of 4 of 5 star or 80% positive feedback ratio to continue to participate in Reverb Payments.sellers must be current on all Reverb fees and have valid payment information on file.

#Reverb lp fees verification#

prior to enrolling, sellers must register bank account information and undergo identity verification.sellers must be at least 18 years old to register for a Reverb Payments Account.Sellers must additionally meet the following requirements to obtain and maintain Registered Seller status: Reverb Payments is only available to sellers who and are approved for a Reverb Payments Account (a “Registered Seller”). By using the Site, you agree to such terms and conditions.Į. Eligibility. Reverb may use a third party processor such as Adyen to process payments. Please see the Reverb Credits User Agreement for information as to how payments are made and processed using Reverb Credits. Reverb Gift Cards, Reverb Referral Rewards, and other promotional codes available to buyers are supported in the form of Reverb Credits. A Registered Seller may also accept payment through Reverb Payments pursuant to the Reverb Credits Program and the Reverb Credits User Agreement. Buyers may authorize a Payment Transaction with any major credit card accepted by Reverb, or a Reverb gift card. Reverb Payments allows Registered Sellers to accept authorized credit card and debit card transactions and PayPal transactions (“Payment Transactions”), have those funds credited to Registered Seller’s Reverb Payments Account, and have those funds subsequently deposited into Registered Seller’s designated bank checking account (“Bank Checking Account”). In order to accept payments directly through the Site, sellers must register for a Reverb Payments Account (“Reverb Payments Account”) and use Reverb Payments. Right to Reject High Risk Transactionsī. Registration Required. Reverb Payments is Solely for Reverb Transactionsĭ. Appointment of Reverb as Limited Payment Collection Agent for Registered SellersĬ. The policy in effect Janucan be found here. This policy shall be in effect until December 31, 2021.