A leading luxury resale retailer is making it easier for sellers on its platform to collect and track payments.
Rebag is introducing Rebag Wallet, a tool that centralizes seller payouts, known as Seller Funds, as well as any additional Rebag proceeds. The company is also launching Premium Payouts, a new offering designed to reward sellers who keep Seller Funds in their Rebag Wallets for one or more months.
Once Rebag fully processes a seller transaction, Seller Funds, along with any available credit or rewards points, will be stored in a new section of a user’s online account called Wallet. By looking in their Wallet, users can determine the dollar amount available to be put towards a purchase.
Source: Chain Store Age
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