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  3. Saturday, 28 November 2015
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Accepted Payments Policy:

This page helps sellers/owners understand how pay their Ushare.Center’s commission fees.

Policy overview

Our accepted payments policy gives sellers/owners/buyers/bidder/renters on Ushare.Center convenient payment options. To help ensure a safe marketplace, as a sellers/owners you can only use our approved payment methods. You also must state in your listing which specific payment methods you accept.

Make sure your listing follows these guidelines. If it doesn't, it may be removed, and you may be subject to a range of other actions, including limits of your buying and selling privileges and suspension of your account.

Accepted Payment?

  • PayPal
  • Credit card or debit card processed through the seller's Internet merchant account

Payment due dates

The date your payment is due depends on your invoice date:

If your invoice date is... Payment is due by...
The 15th of the month The 15th of the next month
The last day of the month The last day of the next month

The date we create your invoice depends on when you created your account, and can't be changed. We also can't change your payment due date.

Paying your invoice

Automatic payment methods

All sellers/owners are required to have a PayPal account. We accept the following types of automatic payment methods:

  • PayPal
  • Credit card

Your invoice payment will be automatically processed by your payment due date, according to the payment method you chose when you created your seller account.

Automatic payment method Date charged
PayPal No sooner than 10 days from your invoice date
Credit card 5-7 days after your invoice date

Payment requirements and late fees

We require payment in full each month on accounts withan amount dueof $1.00 or more. We recommend that you review your completed transaction between sellers/owners and buyers/renters before paying your fees.

If you haven't paid youramount dueby the payment due date each month, you'll be billed a late payment charge of 1.5% of the balance past due or the highest amount permitted by applicable law, whichever is lower. This fee will be applied on the day after the payment due date. It will be applied each month until the overdue amount is paid.

If your account becomes past due, in addition to owing late fees, your account may be suspended for non-payment, and you may be responsible for collection and related legal costs. For accounts more than 180 days past due, action may include deducting the amount owed from your PayPal account balance. We may report information about your account to credit bureaus, so late payments, missed payments, or other defaults on your account may be reflected in your credit report.

In the event your seller account is suspended for any reason, any amount due on your account will immediately become due and payable.You're responsible for paying all fees by the payment due date. We reserve the right to immediately charge any amount you have not previously disputed to the payment method that you have on file.

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