Legal
Vendor Partnership Terms
Carryofy Vendor Partnership Agreement (Summary)
Welcome to the Carryofy ecosystem. By listing your products on our marketplace, you agree to the following operational terms designed to ensure a secure, high-growth environment for both suppliers and resellers.
1. The "Zero-Risk" Entry Model
For all initial partners, Carryofy charges ₦0.00 (Zero Naira) to sign up, list products, and maintain a digital storefront. Our goal is to digitize your inventory and connect you with our network of active resellers at no upfront cost.
2. Secure Escrow & Payout Cycle
To protect our customers and ensure quality control, Carryofy operates a strict Escrow System:
- Payment Collection: When a sale is made, Carryofy collects the full payment (Product + Delivery) from the customer/reseller.
- Escrow Period: When Carryofy has a holding period switched on, funds are held for that period after the delivery is confirmed, so disputes or return requests can be resolved. Your Earnings page shows the current period.
- Payouts: Once funds have cleared escrow they appear in your available balance. You request a payout to your nominated bank account at any time, subject to a ₦1,000 minimum, and we process it after review.
3. Logistics & Fulfillment
- Carryofy handles all last-mile delivery and logistics through our verified dispatch partners.
- The cost of delivery is paid by the customer/reseller and managed by Carryofy.
- Vendors are responsible for having the item "Ready for Pickup" within 4 hours of an order notification.
4. Future Value-Added Services (Revenue Disclosure)
As Carryofy scales to provide more tools to help you grow, we will introduce the following optional revenue streams:
- Logistics Margin: Carryofy retains a service fee from the delivery charges paid by the customer.
- Sponsored Listings: Future options to pay for "Top of Page" placement to increase your sales.
- Payment Processing: A small transaction fee may be applied to cover bank gateway charges for instant transfers.
- Supply Chain Financing: Future access to inventory credit/loans based on your sales history on our platform.
5. Dispute Resolution
If a customer receives a defective item, Carryofy can facilitate a return or refund. If no dispute is raised within the holding period (if one applies), the sale is final and the vendor is paid.
Shinaayomi
Founder, Carryofy