Payment processing services:
Biblio provides payment processing services on your behalf when a customer chooses to complete their payment using our checkout system. You may additionally sign up to provide customers the choice to complete their payment with you directly via Paypal, phone or fax by setting up your Dealer Direct payment settings from the bookseller menu. Payment processing fees are as follows:
BIBLIO: 5.5% for the first USD $500 of each transaction plus USD $0.20 per transaction. For transactions over $500.00, the processing fee drops to 3.5% on the portion of the payment over $500.00.
ABAA.org: 4.5% for the first USD $500 of each transaction plus USD $0.10 per transaction. For transactions over $500.00, the processing fee drops to 3.0% on the portion of the payment over $500.00.
The overall transaction includes the total of all books and shipping in an order. These fees are automatically deducted from the payments made to you from Biblio.
You can decide on your monthly billing option, and BIBLIO will provide guidance as to the most cost-effective option upon request. You can make plan changes at any time, and the new plan will be effective at the start of the next month.
Payment schedule:
Orders placed between the 1st and 15th of the month are paid on the 25th of that month.
Orders placed between the 16th and end of the month are paid on the 10th of the following month.
When a payment date falls on a weekend or holiday, payments are sent on the following business day.
**Current billing Options end December 31st. Click here for current billing options.
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