SERVICE FEES
SETUP FEE
A one time setup fee of $500 is payable at the start of integration. This fee is charged to offset some of the costs associated with the initial setup of the sites related for your rental business, user setup on the training servers, dns setup, email setup and related consultations.
Third party expenses such as logo creation, graphic design and domain name registration are the responsibility of the client.
MONTHLY FEE
A monthly service fee is billed on actual sales volume. The fee is calculated as 8% of net sales and membership subscription revenues denominated in the local currency of the site. There is no fixed contractual term.
For example, no fee is payable on free trial memberships even though services are rendered because there is no associated sales revenue.
Fees are payable 15 days following the end of the month in which the revenue was generated. In effect, the client is being granted credit terms of 30 days net on average since the payable may have been generated anywhere from 45 to 15 days prior to the due date.
Fees are further discounted at specific volume levels.
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