Marketplace Rate

Setup guide here.

A commission rate you set for anyone in the marketplace to sell your product. Rezdy will automatically manage the payout for you and your agent. Recommended for when you wish to work with potential agents and avoid any financial risk.

 Requirements

Currently limited to USD and AUD users

Supplier - Will need a Stripe account, read about it here, sign up here.
Agents - Will need a Payoneer account, sign up here.

Cost

Supplier - Fixed cost (depending on plan) per agent booking processed by rezdy.
Agents - 5% of commission is paid to Rezdy.

Payment Cycle

Supplier - Payment is processed as time of booking and paid out based on Stripe's payment cycle (read more here).
Agents - Eligible for withdrawal 7 days after the customer has travelled. Agent will need at least $100 in commission to withdraw. 

FAQ

Q. I get this message when trying to setup Marketplace rates, can I still use the Marketplace?

A. This happens because your currency is currently not supported in the Marketplace. Yes you can still use it, you will need to use a negotiated rate you can read about the differences between marketplace rates and negotiated rates here. 

 Negotiated Rate

Setup guide here.

Gives you access to the following payment rule options for your agent allowing for more flexibility.

Rezdy automated payment (same as marketplace rate) - Automated Payments are guaranteed by Rezdy upon fulfilment of the order. A 5% service fee (commission reduction) is passed on to the agent.

Full payment to agent - Agent takes $100. You invoice the agent for $80 on a regular basis, or after customers give you vouchers from this agent.

Down payment to agent - Agent takes $20 at time of booking. The customer pays you $80 on the day of the tour, or when you request the payment.

Full payment to supplier - You get $100 at time of booking. You pay the agent on a regular basis, or when he invoices you.

No payment tracked - No payment is tracked on Rezdy. Orders will be unpaid.