# Platform Fees and Pricing

## Transaction Fees and Charges

Opendatabay applies a **tiered commission structure** on all **dataset sales, API calls, and data access fees**. The commission decreases as the transaction value increases, ensuring better rates for higher-value sales. After deducting the platform fee, the remaining balance is paid out to the Data Provider.

**Please note**:

* Opendatabay does **not charge any upfront listing fees**. Fees are applied **only on completed transactions**.
* All fees are calculated per individual dataset, API call, or access transaction, **not cumulatively**.

### Platform Fee Table

| Sale Price        | Opendatabay Fee (%) | Seller Receives (%) |
| ----------------- | ------------------- | ------------------- |
| £1 - £100         | 30%                 | 70%                 |
| £101 - £1,000     | 25%                 | 75%                 |
| £1,001 - £10,000  | 20%                 | 80%                 |
| £10,001 - £25,000 | 15%                 | 85%                 |
| £25,001 - £50,000 | 10%                 | 90%                 |
| £50,001 and above | 5%                  | 95%                 |

**Example 2:** Selling a dataset for £2,500 → You receive £2,000 (80%), Opendatabay takes £500 (20%).

**Example 3:** Selling a dataset for £12,000 → You receive £10,200 (85%), Opendatabay takes £1,800 (15%).

**Example 4:** Selling a dataset for £60,000 → You receive £57,000 (95%), Opendatabay takes £3,000 (5%).

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## Payment Terms

### Method of Payment

Payments will be made via **bank transfer**.

### Currency

All payments are made in **GBP (£)**.

### Payout Thresholds

Payments are processed only when total earnings reach a **minimum of £100**.

### Disputes and Refunds

In case of a dispute or refund request, payment may be withheld until the issue is resolved.

### Payment Details

It is the responsibility of the Data Provider to provide **accurate payment details**. Opendatabay is not liable for payments sent to incorrect details.

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## Fee Updates

Opendatabay reserves the right to update commission rates or fees. Data Providers will be notified of any changes **at least 30 days in advance**.

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## Tax Compliance

The Data Provider is responsible for **declaring and paying any applicable taxes** on earnings from sales through the marketplace, in accordance with local tax regulations.

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## Anti-Money Laundering (AML) Compliance

The Data Provider must comply with their country's **AML laws and regulations**. Opendatabay may request verification documents to meet legal obligations and may **suspend payments** until the required documentation is provided.