106937292121495243007Q: Clarity on Platform Fee
What is the meaning of "80% of platform fee per transaction"? does this mean you will take 80% and I will retain the remaining 20% for every sale I make?
Gio_StreannMediaInc.
May 28, 2025A: no, you take 80%, we want you to make money!
Hello, I need to clarify your payment and invoicing model for my accounting. For sales made through the platform, are you acting as the Merchant of Record? To be specific, am I (the creator) responsible for handling all invoicing and tax obligations (like VAT) towards the final customer, or does Streann handle this? Thank you for clarifying this important point.
To clarify: Streann is not the Merchant of Record for sales made through the platform. As the creator, you are responsible for invoicing and handling all applicable tax obligations, including VAT, for your end customers.
Streann provides the tools to facilitate sales, subscriptions, and pay-per-view transactions, but the financial and legal responsibility for the transactions rests with you.