Tokopedia Increases Merchant Service Fees by 101 TP3T Effective September 16

Effective September 16, 2024, Tokopedia will increase merchant service fees by up to 10%, this adjustment applies to Power Merchant and Power Merchant PRO sellers (by product category sold).The Service Fee is a fee charged for each completed order, based on a different percentage for each sub-category of the product sold.Tokopedia's official website announced that for Regular Merchant sellers who change their membership status to Power Merchant before May 1, 2024 and have more than 50 orders, they will be charged the Power Merchant service fee. The following is a breakdown of the increase by product category: 1. Electronics from 1% to 6.5% to 1% to 10%; 2. Fashion goods from 4% to 6.5% to 4.25% to 10%; 3. Fast Moving Consumer Goods (FMCG) from the previous 4% to 6.5% to 4.25% to 10%

4. Household goods from 4% to 6.5% to 2.50% to 10%; 5. Other goods from 1% to 6.5% to 1% to 10%. All product subcategories with a service fee percentage of 10% will receive a discount of 20%, so the applicable The Service Fee Percentage is 8%. The Service Fee is calculated based on the price of each product minus the seller's discount, shipping (postage) and platform discounts are not included in the service cost calculation. Calculation formula: service fee = (price per product - seller discount) x service fee percentage by product category. When announcing the adjustment, Tokopedia also gave an example of a simulated Power Merchant and Power Merchant PRO seller service fee: Product: Guitar, Product Price: IDR 10,000, Seller Discount: IDR 1,000, Service Fee Percentage by Product Category 7.5%, Service Fee is (IDR 10,000 - IDR 1000) x 7.5% = IDR 675 (including tax)