How do wallet reserves work?
Cash on delivery orders
When you confirm a cash on delivery order on Dropea, you will see that the wallet reserves the shipping and fulfillment x3 from the available funds (or from the initial €300 credit stored in reserves , if you are just starting out): shipping and fulfillment there and back + insurance.
For example : if the order indicates that shipping costs €3.50 and fulfillment €1, then when you confirm that order the wallet will reserve €3.50 x 3 + 1 fulfillment x 3 = €13.50
When the order is delivered, the amount reserved for shipping and fulfillment will be released, along with the additional insurance. This way, the amount is available for future reservations.
If you want to know the reservation of each order, you can check it in the "Reservations" tab of the wallet , "Amount" column.
Orders paid in advance (card, Paypal, etc.)
Every time you confirm a paid order on Dropea, the wallet reserves the total order costs from the available funds . This includes: product cost + outbound shipping + outbound fulfillment + taxes, if applicable.
For example : if the order indicates that the product costs €3, shipping costs €3.50 and fulfillment €1, when you confirm the wallet will reserve 3 of the product + €3.50 shipping + 1 fulfillment = €7.50 + taxes
If you don't have enough
available funds for the wallet to process the reservation, you won't be able to confirm the order. In this case, you'll need
to make a transfer for the total amount and wait for it to be credited to your
wallet .
Related Articles
Wallet for dropshippers
If you hover your mouse over the ! icon of each option, you can see what each one is about. If you use cash on delivery, Dropea will initially allow you to confirm orders until your reservations reach 300 euros (this initial credit is only valid for ...
How can I add funds to my Dropea wallet?
To add funds to your wallet, you'll need to use the "Add Funds" button in the wallet. You'll be given the details to make a transfer to us. Once you have completed this process, please send us the receipt to support@dropea.com. Please, in the ...
Sample order to make creative
If you need creative work (product images and/or videos), you can request a sample order ?. How to request a sample order? Cash on delivery 1. Generate a manual order from dropea for cash on delivery with the total cost of the order: This will ...
Where can I see the initial €300 credit?
The 300 euros credit is hidden inside "Reserves" . Please note that the initial credit is only valid for confirming cash-on-delivery orders. Dropea will allow you to confirm orders until the reservations reach €300 (or approximate value). Once this ...
Is there a minimum amount required to withdraw money?
In any case, the minimum amount you can withdraw from Dropea will depend on the type of withdrawal account you have set up in your account. Below are the minimum withdrawal amounts by account type : SEPA account : 10 euros SWIFT account : 35 euros ...