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How are module payments passed to developers?

Posted: Thu Dec 27, 2018 9:57 pm
by DoctorG
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

Re: How are module payments passed to developers?

Posted: Fri Dec 28, 2018 9:27 pm
by Cherry Garcia
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.

Re: How are module payments passed to developers?

Posted: Sat Dec 29, 2018 1:21 pm
by DoctorG
Hi Cherry,
many thanks for your reply.

Very best regards...
gary

Re: How are module payments passed to developers?

Posted: Sat Dec 29, 2018 3:01 pm
by DoctorG
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