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where does money go?
Posted: Fri Apr 11, 2014 8:12 pm
by Chav Paderborn
Sometimes people buy things in USD but I realised I don't actually know where the USbux go to. Is there like a pot of money I have somewhere? Does it accumulate somewhere? How do I get to it if so? I know I should know this already, sorry for stupid question.
Re: where does money go?
Posted: Fri Apr 11, 2014 10:54 pm
by Ilan Tochner
Hi Chav,
Please see this wiki page for an explanation then let me know if you have any further questions:
https://kitely.atlassian.net/wiki/displ ... arket+Fees
Re: where does money go?
Posted: Sat Apr 12, 2014 1:07 am
by Chav Paderborn
Thanks, that answers my questions

Re: where does money go?
Posted: Sat Apr 12, 2014 7:05 am
by Constance Peregrine
oh, I just realized by reading that link, that I wonder if I set my stupid stuffs to accept KCs and real money, and if I do not attach it to my paypal, then since that says after 90 days it is converted to KCs, would that be a good way to offer buyers the option and still not have to attach a paypal acct to it?
Because I read some folks like to use real money to purchase and I guess for HG sales for those who do not have a kitely account this would be useful, right? [or should I have waited until I had more coffee before I posted this???]
Re: where does money go?
Posted: Sat Apr 12, 2014 1:08 pm
by Ilan Tochner
Hi Minethere,
Buyers always have the option of paying using PayPal even if you only list your items in Kitely Credits, the system will simply add the required amount of KC to the shopping cart at the rate of 200 KC per 1 USD (you can get a better rate if you buy KC in bulk).
Re: where does money go?
Posted: Sat Apr 12, 2014 1:38 pm
by Chav Paderborn
Ilan Tochner wrote:Hi Minethere,
Buyers always have the option of paying using PayPal even if you only list your items in Kitely Credits, the system will simply add the required amount of KC to the shopping cart at the rate of 200 KC per 1 USD (you can get a better rate if you buy KC in bulk).
Oh, I didn't know that!
Re: where does money go?
Posted: Sat Apr 12, 2014 2:07 pm
by Constance Peregrine
oh? that's interesting, and, kinda cool too-))