Receiving payments
One of the biggest advantages of selling on Tradeit is the automated payment system — you don’t need to chase customers for money. When a customer places and pays for an order, Tradeit collects the funds on your behalf and then pays you after order completion.
This guide explains how you, as a vendor, receive your payments, how to set up your payment methods, how long payouts take, and how to view your transaction history.
🏦 How Payments Work on Tradeit
Here’s a step-by-step summary of how the payment system works for every order:
- Customer places an order and pays online (e.g. EcoCash, ZIPIT, USD, bank transfer).
- The payment is received by Tradeit and recorded in your dashboard.
- You process and deliver the order to the customer.
- Once the order is marked as “Completed”, the system clears the payment for payout.
- Your commission is deducted automatically.
- The remaining balance is transferred to your selected payout method.
💡 Important: Vendors only get paid for completed orders. Tradeit holds the payment until order completion to protect both the buyer and seller.
💰 Payment Methods Available to Vendors
Tradeit supports multiple local payment channels for vendor payouts in Zimbabwe:
Payout Method | Description | Supported Currency |
---|---|---|
EcoCash Merchant | Payouts sent to your registered merchant wallet | ZWL |
ZIPIT | Transfers to most Zimbabwean bank accounts via ZIPIT | ZWL |
Bank Transfer | Direct transfers to bank accounts (e.g. CBZ, FBC, NMB) | ZWL or USD (for USD sales) |
USD Cash (Optional) | For vendors with verified USD cash pickup arrangements | USD (manual clearance) |
📍 Make sure your selected method matches your product pricing currency (ZWL or USD).
⚙️ Setting Up Your Payment Details
To receive payments, follow these steps:
🔧 Step-by-Step:
- Log into your Vendor Dashboard
→ https://tradeit.co.zw/dashboard - Go to Settings → Payment
- Select your preferred payout method:
- For EcoCash: Enter your Merchant Code (not personal number)
- For ZIPIT: Provide Account Name, Bank, Branch, and Account Number
- For Bank Transfer: Include full banking details including SWIFT Code for USD
- Click Save Settings
✅ Your payment details must be accurate to avoid delays.
🕒 How Often Will I Get Paid?
Vendor payouts are done within 3 working days after the order is marked Completed.
Order Status | Payment Status |
---|---|
Pending | No payment yet |
Processing | Funds received, held in escrow |
Completed | Payment scheduled for payout |
Refunded/Cancelled | No payout |
💡 Example:
If a customer buys your product on Monday and you deliver it by Tuesday, once you mark the order as “Completed,” your funds will be processed between Wednesday and Friday.
📊 Viewing Payment History and Balances
To track your earnings:
- Go to Dashboard → Withdrawals
- View pending, processed, and past payouts.
- Check your current balance and withdrawable funds.
- For full history, go to Reports → Statements
- Download transaction summaries
- View commission deductions
- Export monthly ZIMRA-ready invoices
💸 How to Request a Withdrawal (if manual withdrawals are enabled)
If your account is set to manual withdrawals (rare, but possible), here’s how to request:
- Go to Dashboard → Withdrawals
- Click Request Withdrawal
- Enter the amount (up to your available balance)
- Confirm payout method and click Submit
Note: Some vendor accounts have auto-withdrawals enabled — in that case, payouts are scheduled automatically.
💼 Commission Deduction Example
Tradeit charges a commission on each sale (see Seller Policies and Fees). Here’s a localised example:
- You sell a pair of leather shoes for ZWL$120,000.
- Product category is Fashion, with 12% commission.
- Commission = ZWL$14,400
- You receive ZWL$105,600 (excluding any bank transfer fees)
🧾 Currency Considerations
Tradeit supports both ZWL and USD pricing, depending on your settings.
- If your products are listed in USD, Tradeit will pay out in USD (cash or nostro).
- If your store uses ZWL, you’ll receive payments via EcoCash, ZIPIT, or local bank transfer.
🧠 Tips for Smooth Payouts
- ✅ Make sure all bank/EcoCash details are accurate and up to date
- ✅ Deliver promptly and mark orders “Completed” after fulfillment
- ✅ Respond to buyer disputes quickly to avoid payout delays
- ✅ Use Reports → Statements for monthly financial summaries
- ✅ Always provide working contact details in your store settings
❓ Frequently Asked Questions
Q: Can I receive USD if my product is listed in ZWL?
A: No. You’ll be paid in the same currency as the product pricing. If you want to switch to USD, update your product prices accordingly.
Q: I delivered the product — why haven’t I been paid?
A: Orders must be marked as Completed to trigger payouts. Go to Orders, open the relevant one, and update its status.
Q: Can I use my personal EcoCash wallet?
A: No. You must use a registered Merchant EcoCash wallet to receive Tradeit payouts via EcoCash.
Q: Is there a fee for withdrawals?
A: Tradeit doesn’t charge a separate withdrawal fee, but your bank or mobile money provider may apply transaction charges.
🚨 Need Help?
- 📞 WhatsApp or call Vendor Support via your dashboard
- 📩 Submit a support ticket here: https://tradeit.co.zw/support
- 📘 Browse other Vendor Help articles in the Vendor Knowledge Base
Tradeit empowers Zimbabwean vendors by making it easier to get paid, reliably and securely. Focus on selling — we’ll handle the money.