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.
Payment processing fees only apply to a successful charge. There is no charge for declined transactions or refunds.
Biblio's payment processing service comes with 100% fraud protection. Biblio assumes full fraud liability for any order where the customer is issuing payment to Biblio and we have authorized shipment.
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.