Getting paid if you charge spot fees

If you charge for a spot in line, the money goes to your bank — not Pickerty's.

You only need this article if you charge for spots in line. If all your sign-ups are free, skip it — there's nothing to set up. See Charging for a spot for why charging may be worth doing.

How the money moves

Pickerty uses Stripe Connect. When a shopper pays for a spot, that payment goes directly into your own Stripe account and is then transferred to your own bank. It never sits in a Pickerty account waiting to be handed over.

That matters for four reasons:

• The money is yours from the moment it's paid. It isn't pooled with other companies' funds.
• You see every payment in real time on your own Stripe dashboard.
• Year-end tax documents such as 1099-Ks come from Stripe, for money your company actually received.
• Nobody at Pickerty has to reconcile anything before you get paid.

Before any of this works

Spot fees are paid through Stripe, and Stripe has to verify your business before it can move money on your behalf. That is a one-time sign-up of about fifteen minutes, and it is covered separately in Connecting Stripe — including the two fields Stripe defaults to the wrong answer for an estate sale company, and the one that looks optional but blocks you at the end.

Everything below assumes it's done.

What you receive

You keep 85% of every fee your shoppers pay.

So a $5 spot fee puts $4.25 in your pocket. The split happens automatically on each payment — no invoices, no monthly reconciliation, nothing to chase.

The other 15% covers the card processing fee, Pickerty's service fee, and the cost of any refunds, which Pickerty pays.

Where the 15% actually goes

You don't need this to use Pickerty. It's here because people ask.

On a $5 spot fee paid by a normal US credit card:

When the money arrives

This is the part worth reading twice, because it isn't instant.

1. The shopper pays. You can see it in your Stripe dashboard right away.
2. Pickerty releases payments no sooner than 3 days after the last day of your sale. That gap allows time for refunds if a customer requests them or if a sale gets canceled, and lets card processing complete.
3. Stripe also holds each payment for its own settlement period — usually a couple of business days, sometimes longer while a brand-new account is reviewed. If Stripe is still holding funds when Pickerty's three days are up, release waits until they're available.
4. Once released, the bank transfer typically lands within 1–2 business days.

Refunds

Refunds are automatic. There is nothing for you to process and nothing to chase.

• A shopper cancels their own spot. If they cancel at least 24 hours before the sale date, they're refunded in full, automatically.
• You cancel a sale or a sale date. Every shopper who paid is refunded automatically.

If something unusual comes up that these rules don't cover, email [email protected].

Changing your bank account later

Your bank details live with Stripe, not with Pickerty, so they're changed there — see Connecting Stripe.