The Vechit balance is a wallet function where the money is held with MangoPay. All the earnings stored in the wallet are what you have received from selling items on Vechit. You can also use your earnings in your wallet to pay for other items on Vechit and you can also withdraw your earnings to your bank account as long as it is over £10.
The Vechit balance system has been put in place so that it is a safe marketplace environment for both buyers and sellers. It also makes sure that the buyer receives the item that they purchased.
Your Vechit balance can be found in your profile. If you select “Balance” which is at the top, it will take you onto the next screen. Here you will see pending balance, available balance and withdraw money from your Vechit wallet.