Billing Period and Payment Terms
The reconciliation process typically takes place on a weekly basis and results in a comprehensive report of all Merchant sales for the week.
Based on the report, Global-e pays the Merchant the sum of all products sold internationally during that week plus any relevant shipping, duties, and taxes, minus the agreed service fee.
Global-e's standard payment terms:
80% of the net proceeds are paid weekly, up to two business days after the weekly reporting day.
20% of the net proceeds are paid seven days after the end of each calendar month.