Updated Vinted rules confirmed as customers set for changes

Vinted has made an update to its terms and conditions

Vinted has shared updated terms and conditions with customers. The online marketplace, where customers can buy or sell used, new and secondhand goods, shared an update of its terms and conditions today (September 7) via email.

The changes will be introduced from Thursday, October 8, with customers needing to review and accept the latest terms and conditions in the app. In the email, the online marketplace shared the main changes which can be found below:

– “If your Vinted Balance Provider can’t verify that your bank account and Vinted Balance details match, you may need to update them before using your Vinted Balance or receiving a payout.

– “If you delete your Vinted account, your Vinted Balance Provider may also be requested to close your Vinted Balance.

– “We’ve updated and clarified Section 7, which covers how Vinted handles community concerns and moderation.

– “The Buyer Protection fee will be renamed to Vinted fee. This is not a new or additional fee – it’s still calculated the same way and remains visible throughout checkout. For details, check the Help Centre. Rest assured, all support and protections continue to apply when you buy or sell through Vinted.

– “We’ve updated how items proven to be counterfeit during the Electronics Verification Service may be handled. You’ll find the full details in Section 17.”

Vinted was founded in Lithuania by Mila Mitkute and Justas Janauskas in 2008, before expanding into Germany the following year.

By 2013, it had launched in the Czech Republic, France, Poland, Austria and the USA.

Now, the online marketplace has more than 25 markets and an estimated valuation of €8bn.

More information about Vinted can be found on its website.