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Reverb Launches Wallet for Faster US Sales, UK Fees Cut

Reverb Wallet brings faster sales and payouts to US users. UK sellers enjoy fee cuts, and Fender gets no special treatment.

This is guitar shop where many guitars can be seen on the either sides and at top as well and there...
This is guitar shop where many guitars can be seen on the either sides and at top as well and there is a person in the left bottom corner.

Reverb Launches Wallet for Faster US Sales, UK Fees Cut

Reverb, the global online marketplace for musicians, has introduced Reverb Wallet, a new feature for US users to facilitate faster sales and payouts. The Wallet, accessible via the payment settings section of a user's account, offers exclusive perks and a 1% cashback bump on sales. Meanwhile, Reverb UK has been relaunched with reduced seller fees, and the company assures no preferential treatment for Fender despite its takeover by Creator Partners.

Reverb Wallet, powered by a trusted and regulated payments platform, is designed to make it easier for users to upgrade their musical equipment. Users can enjoy a 1% cashback on sales, which is automatically applied to future purchases on the site and expires after one year. This feature was first made available for US users on the online marketplace to enhance user experience with better transactional capabilities.

Following its sale from under Etsy's ownership, Etsy has become an independent company again. Meanwhile, Reverb UK has been relaunched with reduced seller fees, aiming to boost the platform's appeal to sellers. Despite the takeover by Creator Partners, Reverb has assured that Fender will not receive preferential treatment.

Reverb Wallet, now available to US users, offers faster payouts and exclusive perks. With reduced seller fees in the UK and no preferential treatment for Fender, Reverb continues to improve its services for both buyers and sellers. The cashback feature adds an extra incentive for users to make the most of the new Wallet feature.

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