Payouts & Fees Policy
Last Updated: 10/06/2026
This Payouts & Fees Policy explains how sellers receive funds for completed transactions on Second Catch and how platform fees are applied. Second Catch uses Stripe to securely process payments and seller payouts.
Marketplace Role
Second Catch operates as a peer-to-peer marketplace. Second Catch does not own or sell items listed on the platform. Payments are collected from buyers and held securely until the transaction is completed.
Seller Fees
Second Catch charges a platform fee on the final sale price of each item, calculated in marginal bands. Each rate applies only to the portion of the price that falls within its band:
- The first $150.00 of the item price: 10%
- From $150.01 to $750.00: 5%
- Above $750.00: 2%
The platform fee applies only to the item’s sale price and is not applied to shipping costs charged to the buyer. The fee is calculated across all bands and the total is rounded to the nearest cent. For example, on a $600.00 item the fee is $15.00 on the first $150.00 plus $22.50 on the remaining $450.00, for a total of $37.50. There is no minimum fee. When an order contains several items, the fee is calculated on each item’s price separately and the results are added together. The buyer pays the listed price, and the platform fee is deducted from the seller’s payout. Orders placed before this fee structure took effect remain subject to the flat 10% platform fee that applied when they were placed. Additionally, Stripe, our payment processor, charges a 2.9% + $0.30 processing fee per transaction. Both fees are automatically deducted from the transaction proceeds – Second Catch does not mark up or profit from Stripe’s processing fee.
The Second Catch platform fee covers:
- Platform operations
- Buyer protection and dispute handling
- Marketplace maintenance and support
The seller receives the net payout after both fees are deducted.
Payment Processing
All payments are processed through Stripe. Sellers must connect a valid Stripe account to receive payouts. Second Catch does not store banking or card information.
Payouts
Second Catch holds funds for 72 hours after delivery (the dispute window described in the Returns, Disputes & Liability Policy) before transferring them to the seller’s connected Stripe account, provided no dispute is opened in that window. Once released, the time it takes for funds to reach the seller’s bank depends on Stripe account status and the seller’s bank, and Second Catch does not control bank processing speeds. Stripe may independently hold, reserve, or delay funds based on its own risk, compliance, or verification policies. These holds are managed by Stripe, not Second Catch.
Failed or Delayed Payouts
Payouts may be delayed or rejected if Stripe account information is incomplete or incorrect, identity verification is required by Stripe, the seller’s bank rejects the transfer, or fraud prevention or compliance checks are triggered. Sellers are responsible for maintaining accurate payout information.
Taxes & Reporting
Sellers are solely responsible for reporting income earned on Second Catch and paying any applicable taxes. Stripe may issue tax forms (such as a 1099-K) where legally required. Second Catch does not provide tax advice.
Cancellations Before Shipment
If a transaction is cancelled before the seller ships the item, the buyer receives a full refund and no platform fee is collected.
Refunds & Fee Treatment
If a buyer opens a dispute and it is resolved in their favor, the held funds are refunded to the buyer instead of being released to the seller. The seller does not receive a payout for that transaction and no platform fee is collected. The buyer’s payment is refunded in full, or as required by law. For a card-issuer chargeback, which can arrive well after the 72-hour dispute window has already released funds normally, if the seller’s Stripe balance is insufficient, Stripe may recover the amount from future payouts or by debiting the seller’s linked bank account. If Stripe is unable to recover the full amount, the seller remains liable to Second Catch for the outstanding deficit. If a seller voluntarily issues a refund to a buyer outside of the dispute process, the Second Catch platform fee for that order is refunded to the seller. Stripe’s processing fee may or may not be refundable depending on Stripe’s current policies.
Platform Discretion
Second Catch reserves the right to delay or withhold payouts in cases of suspected fraud or misuse, require additional verification, suspend payouts for policy violations, and adjust payout schedules as required by Stripe or applicable law.
Policy Updates
Second Catch may update this Payouts & Fees Policy at any time. Changes take effect immediately upon posting to the website.