Seller University

Disbursement of funds

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Transactions

CAG Appointed Payment Service Providers

  1. 2c2p handles Visa, Mastercard, American Express, Union Pay, AliPay, WeChat Pay, Atome transactions.
  2. Liquid handles ChangiPay transactions.

Disbursement Schedule

  1. Monies paid by customers are collected by 2C2P & Liquid directly ➡️ Merchants will receive their sales proceeds in T+ 2 days.
    Disbursement to Merchants = Gross Amount – [Promo Codes/ CR Points (If any)] – (2.8% MDR + 9% GST on MDR) + Shipping fees paid by customers customer
    (Note: Amount paid without CAG Funded Promo Codes & Changi Rewards)
  2. CAG Funded Promo Codes & Changi Rewards points redeemed by customers ➡️ Merchants will be reimbursed by CAG in T+ 14 days