Deposit methods
To get paid on OfferUp you'll need to provide your bank account information. Payments will be automatically deposited into your bank account.
You can update your deposit method in your Pro Seller portal. You can have only one deposit method at a time.
Sales tax
OfferUp will automatically calculate and apply the tax rate for items sold into affected states. You will also want to track sales made into affected states through OfferUp so that you don’t separately collect and remit sales tax. Learn more about Sales Tax.
You can’t change the setting of how and where we collect sales tax on your behalf. However, you can download a report and view the amount of sales tax collected through your Pro Seller portal. We will remit sales tax to the state taxing authority according to the schedule they dictate - either monthly, quarterly, or annually.
Definition of fees
When you sell an item, we charge you a percentage of the final sale price. The percentage we deduct is called the final value fee. This percentage can vary by category. Please refer to the chart below for details. OfferUp has a minimum final value fee of $0.99 per order.
OfferUp’s final value fees are determined by the item price and the shipping cost. The amount paid to your Pro Seller balance consists of the item price and shipping cost minus OfferUp’s final value fee.
OfferUp calculates these final value fees automatically. There is no additional payment processing fee. If a refund is initiated, OfferUp will refund the full transaction amount back to the buyer, including the final value fee.
Balance and Deposits
Payouts are deposited to your account seven days after the item has been delivered or fifteen days after the item was shipped (whatever comes first). When the payment is eligible for disbursement, OfferUp will deduct the relevant final value fees (as specified in your subscription plan) and deposit the remaining balance in the account you specify in your account. OfferUp deposits eligible funds daily.
Your sales from transactions will only be deposited if your current Pro Seller balance is positive. If you owe OfferUp any amount, including final value fees, or amounts associated with refunds or chargebacks, those amounts will be deducted from your Pro Seller balance and any amount exceeding your balance due will be deposited into your account.
You can use your bank account to receive payouts. Usually, it takes 3-5 business days to process the payment. If you did not receive a payout deposit after making a sale, make sure your bank account on file is valid, up to date, and has the correct account number.
Refunds
Refunds are deducted from your Pro Seller balance. OfferUp will charge your deposit method if the amount of funds on the Pro Seller balance is not enough to cover the refund transaction. Learn more about Shipping Policies and Refunds.
Chargebacks
A chargeback occurs when a buyer contacts their debit or credit card issuer to dispute a transaction with the Pro Seller. You're responsible for working with OfferUp to dispute chargebacks. Learn more about Chargebacks.