Understanding payout timing, eligibility, and how funds are transferred to your bank account.
Payouts are delivery-based to protect both buyers and sellers. Here is how the timing works:
For a payout to be processed, all of the following must be true:
Your payout amount is calculated as follows: Subtotal + Shipping − Platform Fee (base 5%, with lower rates for eligible tier sellers) − Stripe Processing Fee (2.9% + $0.30). Tax is collected from the buyer and remitted by Wax Trader — it is not included in or deducted from your payout. You can see the exact fee breakdown for every order in your seller dashboard.
For a $100 sale with free shipping and $8 in tax:
Payouts are sent to the bank account you configured during Stripe Connect onboarding. You can update your bank account at any time through your Stripe dashboard. Payout transfers typically take 1–2 business days to arrive in your bank account after being initiated.
Payouts may be held in the following situations:
Step-by-step guide to setting up Stripe Connect so you can receive payouts for your sales.
SellingA detailed breakdown of all fees charged to sellers on Wax Trader.
SellingWhat happens after your item sells on Wax Trader, including shipping requirements and payout timing.