Price construction on WuvDay
Following the policy of "No Hidden Costs", here you will find in detail the management of prices and their evolution between Seller and Buyer.
In particular, WuvDay performs price conversion and transformation operations in total transparency so:
- The Seller receives the requested amount without any kind of commission or hidden cost;
- The Buyer pays the displayed amount without any kind of commission or hidden cost.
To guarantee the best user experience, the price is processed and managed in this way:
Listing price = Seller's requested amount + Price increase (MLR) + Payment platform transaction commission
- Listing price: Price shown on listing board;
- Seller's requested amount: Amount requested when creating the listing;
- Price increase (MLR): Amount required to cover MLR's operating costs, taxes and profit;
- Transaction commission: Some (mobile) platforms have extra transaction costs that will be added to the final amount.
The platform will automatically process the prices so that it always shows:
- To the seller, the net amount he will earn;
- To the buyer, the net amount he will pay.