How are module payments passed to developers?

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DoctorG
Posts: 30
Joined: Thu Dec 27, 2018 9:42 pm

Thu Dec 27, 2018 9:57 pm

Hello,
I'm trying to find some information on how the payment system for modules works.

If an author submits modules for sale what portion of the sale price is kept by Cherry, and how (with what frequency or threshold) is the money forwarded to the author?

Many thanks..
gary
Cherry Garcia
Site Admin
Posts: 242
Joined: Fri Aug 31, 2018 2:57 am

Fri Dec 28, 2018 9:27 pm

Gary,

We use a 70/30 split. Module developers receive 70% of the net sale after credit card fees.
We pay developers via check, wire transfer or Paypal on a monthly basis. We currently use Stripe but are going to move to another system that integrates with Paypal, as Stripe does not. This should be done around the end of January, most likely. But these are the basics on how it works.
DoctorG
Posts: 30
Joined: Thu Dec 27, 2018 9:42 pm

Sat Dec 29, 2018 1:21 pm

Hi Cherry,
many thanks for your reply.

Very best regards...
gary
DoctorG
Posts: 30
Joined: Thu Dec 27, 2018 9:42 pm

Sat Dec 29, 2018 3:01 pm

Hi Cherry,
some time after your reply I found this.

https://store.cherryaudio.com/manufacturers/terms

If someone else has a similar question then this document will be of use to them.

Many thanks...
gary
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