Payout & Settlement Policy
Effective Date: 3 July 2026 · Version 2.0
Vyete does not disburse payouts for product sales. This page previously described a Vyete-run settlement cycle for order proceeds; that no longer applies, because Vyete does not process, hold, or move payment for product purchases at all. It forms part of the Shop Terms & Conditions.
1. Why There Is No Vyete Payout
A Customer pays you, the Shop, directly at the point of sale, using whatever method you and the Customer agreed (cash, mobile money, card via your own arrangement, or any other locally-preferred method). Vyete is never in that payment path, so there is no balance held on your behalf, no settlement cycle, and no disbursement for Vyete to run. You already have your proceeds by the time an order is confirmed — there is nothing further to wait for from Vyete.
2. What Vyete Does Charge You For
Vyete bills you directly, not the other way around, for:
- Platform subscription (if you're on a paid plan) — see the Fee & Commission Schedule.
- Advertising / listing enhancement, if you choose to use it.
These are charged to your registered payment method on the Platform, per the Payment Terms. There is no commission deducted from your sales, because Vyete never touches that money.
3. Refunds You Owe a Customer
If you owe a Customer a refund, you pay it directly — see Refund & Returns Obligations. There is no payout balance for Vyete to deduct it from.
4. Carrier Subscription and Delivery Fee Billing
If you subscribe to a Carrier's delivery plan, or pay a Carrier per delivery, that billing happens directly between you and the Carrier — Vyete does not invoice, collect, or disburse any part of it.
5. Tax
You are responsible for your own tax filings and obligations arising from your sales on Vyete, since Vyete has no visibility into or custody of that revenue. Vyete does not provide tax advice, and does not withhold tax on your product sales (see Payment Terms §6).
6. Contact
Billing questions (platform subscription, advertising): [email protected]