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【Marketplace】What is Merchant Sales Commission?

Vim Admin

From 1st of April 2020, the referrer will receive 0.2% of the total monthly sales of all of their buddy merchants (First generation only).

Details as below:
1. 0.2% commission per transaction will be deducted from the points received by the merchant (Will not be affected the original points reward)
2. Merchant commission for the current month will automatically accumulate and settle on the 15th of the following month

Will calculate and separate special zone and points rebate zone
Example:8th of April Special zone sold 1000 Gold Credit; And same, points rebate zone sold 1000 Gold Credit.

Seller income:

*Points rebate zone seller will get 80% Gold credit and 20% Points
*Special zone seller will get 100% Gold credit

Commission:

For an example: The referrer will get the 0.2% total sales (2000 Gold credit) from seller at 15th of May. And the referrer will get the commission by VIM credit.(2000 Gold credit *0.2% =4 Gold credit)

To all VIM users:

We bring good news in is beautiful autumn!

To celebrate China's National Day & Mid Autumn Festival, VIM will be launching its Double Spending Speed Up Campaign.

Campaign Details:
1. Campaign will commence on 10/10/2020 12PM (GMT +8)
2. All sales orders that completed in october will be entitled for double spending speed up bonus to be given out to their buddy.

Notice for system enhancement:
A new function for ASE transfer between VIM users will be implemented on 08/10/2020 12PM (GMT +8).

Simple Operating Steps: Go to 【My Profile】 - 【Crowd Funding】-【ASE Transfer】-【Enter Username】-【Insert Transfer Amount】-【Insert Payment Pin】-【Confirm】, detail tutorial for ASE transfer can be reffered at VIM official website.

Should you have any questions, please contact customer service:
Official website:www.vim.technology
Official Email:support@vim.technology

VIM
06/10/2020