uBitto’s monthly payment cycle will take into account:
- Course sale for Learn Instructors – orders completed for the month
- Practice booking for Practice Buddies – practice sessions fulfilled for the month
Timeline of Account Statement and Payment
|First 7 days||Receipt of Account Statement|
|Subsequent 7 days||Dispute (contact us at email@example.com)|
|Subsequent 7 days||Payment will be in within 7 working days|
If you have transactions recorded in your system, you would receive:
1. Account Statement
Account Statement summarises all your previous month transactions. If you do not have any transaction, you would not receive any of the documents.
The payment are paid to you based on the Stripe email listed on the account statement. Please ensure detail provided is accurate.
It will also summarises all the service fees / transaction fee incurred, namely:
- Revenue-sharing fee (Sales –Month): Revenue-sharing % we agreed in the contract
- Stripe transaction fee: (3% + RM1 + 6% service tax)
- Cancellation Fee: uBitto reserves the right to charge cancellation fee for repeated non-fulfilment from Practice Buddy.