Article Contents:
Quick Overview
Payout Examples
Illustration of Financial Flow
Quick Overview:
Three transactions occur on every Carro order:
The customer pays the retailer for the supplier's product:
The retailer will collect payment from the customer as they would for any normal Shopify order.
The retailer pays the supplier for their share of the order.
As soon as the order is placed, the retailer's credit card will be charged for the supplier’s portion of the sale. This payment is immediately transferred to the supplier's Stripe account.
The retailer pays Carro via a Shopify usage charge.
At the end of the retailer’s Shopify billing cycle, the retailer will be debited for Carro's usage fee (10%, 7%, or 5%) on all of the orders from that billing cycle.
Suppliers decide what percentage of the sales they keep. Suppliers don't incur any Carro usage charges.
Depending on the retailer's Carro subscription plan, Carro takes 10%, 7%, or 5% of every order on the retailer's side in the form of a Shopify usage charge. Suppliers are paid the same amount, no matter what plan the retailer is on.
Payout Examples:
*Example revenue payout, based on a 65% rev split set by the Supplier. The retailer is on the Free plan (10% Carro fee).
*Example revenue payout, based on a 65% rev split set by the Supplier. The retailer is on the Build plan (7% Carro fee).
*Example revenue payout, based on a 65% rev split set by the Supplier. The retailer is on the Scale plan (5% Carro fee)*
Illustration of Financial Flow:
