Affordable, transparent, and secure

Registration and opening an Online Shop is free. You only pay a small commission of 10% after your stuff sells.

listing fee

PAYMENTS & FEES

More information about selling on MadMarket’s Markeplace

DELIVERY

Vendors arrange collection and delivery of all products for their customers. Once the buyer has received the goods, payment will reach the Vendors bank account within 2 – 5 days.

01. A buyer purchases a product from the MadMarket’s  shop.

02. The Vendor is notified and arranges delivery for the buyer. 

03. Buyer receives the parcel from the Vendor.

04. After a successful delivery, MadMarket takes a 10% commission and transfers the remaining balance into the Vendor’s account. 

For example, Jacky buys a beautiful, stylish watch from one of our Vendor Stores. It costs R100.00.

After a successful delivery, Jacky is ecstatically happy with her purchase, the Vendor receives R90.00 for the sale of the watch and SA Market Place receives R10.00 (10%) commission.

After a successful delivery, the Vendor receives R90.00 for the sale of the watch and  delivery cost, totalling R90.00 + delivery cost. MadMarket receives R10.00 (10%) commission.

SAFE AND SECURE ONLINE PAYMENTS

MadMarket uses PayFast & Yoco as our payment gateway.

PayFast & Yoco is the Ultimate Online Payment Solution. Experience fast and secure online payments with South Africa’s leading payment gateway. You can find more information by visiting their website:

https://www.payfast.co.za/

https://www.yoco.com/za/yoco-gateway/

We offer EFT, Debit and Credit card payments for your customers on the MadMarket’s online store. All payments are redirected to a secure server. We do not store any credit or debit card information.

 

MadMarket take a 10% commission on all successful transactions. There is also an R10.00 per pay-out transaction fee. We will make a direct EFT into your bank account and send proof of deposit via email.

MadMarket pays Vendors 2 – 5 days after the customer has received their goods. We offer a safe and secure environment for all buyers and vendors.

Our 10% commission helps covers costs for running this seller/buyer platform (secure online payment gateway costs, web hosting, monthly website maintenance and advertising costs).