Settlement
Last updated
Last updated
The contents of this document are subject to change based on future circumstances or policy revisions.
This guide provides an overview of the payment system offered by the Dapp Portal. It includes detailed information on payment policies, refund policies, and settlement policies.
Product Price: Product sales amount
Platform Fee (Service Fee): The fee LINE NEXT receives for providing the platform.
Royalty Fee (Contents Fee): The fee that the Dapp receives as royalty for NFT C2C transactions.
Payment Solution Fee: Payment fee collected by the payment processor for providing the payment solution.
Payout: Product Price - Platform Fee (10%) - Payment Processor Fee - All other costs*
All other costs: OTC conversion fee, etc.
The settlement funds are paid in crypto
Quarterly settlement (payment of settlement funds in N+3 for transactions occurring during N to N+2)
The Payment Processor deducts transaction fees and confirms the settlement amount, then pays it to LINE NEXT (N+3 W1~W2).
LINE NEXT deducts platform fees and converts the remaining balance into crypto (N+3 W3).
After deducting all related costs, the final settlement amount is distributed to individual Dapps, and a settlement report is provided (N+3 W4).
For payments made from January to March
April W1~W2: Payment Processor deducts the payment fee, finalizes the settlement amount, and sends it to LINE NEXT
April W3: LINE NEXT deducts the platform fee and converts the remaining difference into crypto.
April W4: Distribute final settlement amount to individual DApps after deducting all expenses and provide settlement report
Payout: Product Price - Platform Fee (10%)
The settlement funds are paid in crypto
Real-time settlement
The smart contract automatically calculates the related fee amounts based on the Product Price and pays the balance to the seller.
LINE NEXT provides a quarterly settlement report (N+3)
Payout: Product Price - Platform Fee (10%*)
Platform Fee: Discounted fee rates available during promotional periods.
Payout: Royalty fee*
Rate set directly by the Dapp within the range of 0~10% of the Product Price.
It is instantly settled same as Mini Dapp in-app items.