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Deductions & credits
No. They do a sweep every 2 weeks. They take the gross amount for themselves and pay the merchant X% of the gross as their "Net". For instance, a service costs $200, they sell it for $100 and pay the merchant a 'Remittance" of $65. It's a terrible deal (which is why I don't do it anymore) but am not seeing why the $35 that Groupon takes off the top wouldn't be considered a legitimate commission, as it's the amount of money that I paid to them to make the sale. I had to pay them $35 to generate $65 in gross revenue to me for that sale.
‎September 6, 2019
11:43 AM