If you have created a paid for group - users can only join your group if they pay your subscription fee.
Once the Group is set-up correctly, you will receive an email confirming your Group settings. Subscription fees are paid directly to our central administration portal. So monthly we need to pay you - you due fees.
You will need to send an invoice to email@example.com at the beginning of each month. The total value should be calculated as:
Total number of members for the previous month X value of Group subscription.
Subtract 25.6% (which includes a 20% admin fee and a 5.6% transaction cost).
For example if you had 6 members for the month, and Group subscription fee = $50, you would need to raise an invoice for:
6 x $50 = $300 -25.6% = $223.20
Your invoice must include ALL of the following:
- Name of account
- Your address
- Bank name
- Address of bank
- SWIFT/BIC code