TikTok Shop announced an increase in platform commission fees from March 1, 2024
February 7, 2024 09:50 MYTH
In addition to the commission fee, TikTok Shop also has a transaction charge of 2.16% for each successful payment.
TIKTOK is now informing the sellers on the TikTok Shop platform, stating that the commission fee charge for using the platform will be increased from 1 March 2024.
This new charge will also take into account and include the 8% SST charge which will be enforced in Malaysia from 1 March 2024.
Through the shared table, the platform commission fee is up to 4.32%, depending on the product category.
All payments will be automatically deducted on the final order, before the seller receives their payment.
In addition to the commission fee, TikTok Shop also has a transaction charge of 2.16% for each successful payment.
