β’ A minimum of 10% of the selling price is required to reserve an item.
β’ The remaining balance must be cleared within 60 days of downpayment.
β’ If the balance is not cleared within 60 days, a 30% storage fee is charged on the outstanding balance, spread as a daily fee until fully settled.
β οΈ 50% Threshold Rule:
β’ Once you have paid 50% or more of the item price, the item is removed from the website and held exclusively for you.
β’ If your total payments are below 50%, the item remains visible and available for purchase by others.
β’ If another buyer pays 50% or the full amount while your balance is under 50%, your payments will be fully refunded.
Example: Item KSH 10,000 β you pay KSH 2,000 (20%). Item stays on sale.
Another buyer pays KSH 5,000 (50%) β item is theirs, your KSH 2,000 is refunded.
But if you pay KSH 5,000 first β item is reserved exclusively for you.