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How do payment, refunds, and invoicing work?

Updated over 4 weeks ago

Poppins uses OPP, a secure payment platform integrated into the app, ensuring safe and reliable transactions between users.

1. Payment Flow

  • The borrower pays via the link sent by the Provider in the Poppins chat, by clicking on the OPP link 💳.
    Available payment methods for each transaction: Visa - Mastercard - Apple Pay & Google Pay.

  • Poppins receives the payment and deducts its commission before paying the Provider.

    • Provider is an individual: Poppins takes a 20% commission.

    • Provider is a business: Poppins takes a 15% commission.

      This commission includes: Payment fees, Escrow, Poppins Protection, Platform costs, VAT on service.

      Minimum commission: €1.50 per transaction.

  • The Provider receives the remaining amount. However, if they are VAT-registered (20% in France – for professionals only), a portion will be declared as VAT.

2. Quoted Price & Confirmation

  • When the borrower and Provider initiate a rental, they discuss pricing and any factors that may affect the final cost (e.g., duration, number of items, etc.).

  • The Provider then sends a proposal to the borrower, who must review and formally accept it. 📌 How to proceed? Chat > Make a proposal > Enter the price > Send the proposal.

  • Minimum Price Rule: To ensure adequate coverage for Poppins, the minimum accepted price is €1.50 per day.

  • Once the proposal is accepted, the transaction moves to the payment processing stage, triggering the next steps in the process.

3. Booking & Payment Process

  • The borrower accepts the price and proceeds with the payment.

  • Payment is processed in the OPP environment.

    • Available payment methods:

      • Bank Card

      • Visa / Mastercard

      • Google Pay & Apple Pay

  • The amount is held in escrow until return confirmation.

    💡 Escrow is a financial arrangement where a neutral third party temporarily holds funds until specific transaction conditions are met.

4. Payout

  • Providers receive payments when:

    • The pick-up and return confirmations are successful.

    • Pending payments are released once a month and can take up to 10 business days.

    • Pending payments are only processed if they exceed €25.

  • Payment release: Once all conditions are met, escrow releases the funds to the Provider.

5. Deposit System

  • There is no deposit system activated on Poppins at the moment.

  • Any Provider wishing to request a deposit should mention it in the item description and can discuss it when meeting with the borrower.

6. Cancellation & Refund Policy

A. Borrower-Initiated Cancellations

  • Before Payment: No fees apply.

  • After Payment, Before Pick-up: Full refund is provided.

  • After Pick-up, Before Return: No refund.

B. Provider-Initiated Cancellations

  • If the Provider cancels, the borrower receives a full refund.

  • The Provider’s cancellation rate is monitored, and action may be taken if too high.

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