What can you expect?
CopeCart reseller model
Cooperation with CopeCart
Formalities with the tax offices
User data and secure payments
Business with CopeCart
CopeCart as a reseller model
In the area of online business, CopeCart uses a reseller model. Basically, this means that CopeCart buys products from manufacturers and then markets them to end users. When the user places an order, the product is purchased from CopeCart. As a result, the purchase process is conducted between an end user as a buyer and CopeCart as a seller.
How can you benefit from cooperation with CopeCart?
You may think that online business requires accountants, lawyers, tax specialists, marketing analysts and PR managers involved in the process of selling. It is really so, however, we do the work with them for you in the background so that you can fully concentrate on your business.
We provide you with a transparent and easy to follow system that helps you keep track of all financial matters. We know that time is money, so we organize almost all of the accounting ourselves to save you the time and effort.
Who takes care of all the necessary formalities with the tax offices and documents?
We do. As a reseller, CopeCart calculates and deducts the tax fees and pays them to the respective tax offices according to the law.
Is CopeCart supervised by BaFin?
BaFin only supervises financial institutions such as payment service providers. CopeCart is not a payment service provider, but a reseller that organizes a purchase and not a payment process. Thus, CopeCart is outside the scope of mandatory BaFin supervision.
However, in order to exclude all risks, we only work with BaFin-approved entities.
How does CopeCart protect user data and guarantee secure payments?
First of all, we do not store credit card data. We are not a payment service provider.
Second, we only work with PCI-certified institutions that are supervised by BaFin, so all payments are secure and legal.
Third, it is mandatory for every CopeCart user to disclose their identity, so we can be sure that there are no fake accounts, and we only work with credible people.
Is it legal to do business with CopeCart?
Absolutely legal. We pay taxes to the tax authorities and provide invoices and accurate reports to our clients. Every transaction is transparent and monitored to avoid misunderstandings. We work with BaFin-approved institutions, so illegal activities and/or violations of the law are excluded.
In addition, we thoroughly review all our products for harmful, inappropriate and illegal content.
We take care of legal issues, so you don't have to remember all the VAT regulations applicable to different countries and products. We safeguard your money with a security deposit and make regular payouts. All you have to do is focus on your business goals, and we will take care of all the paperwork and fulfill our obligations with the utmost diligence.
We will be happy if you also want to be a part of CopeCart.
Your CopeCart Team