![]() With May now in full swing, Air bp is proud to continue to support IATA as the SAF Gold Sponsor at its Aviation Energy Forum (AEF), which is taking place from 15-19 May in Seattle in the US. Meanwhile Aero Friedrichshafen pulled in more than 27,000 visitors with more than 1,870 visitors dropping by our booth. Air bp was delighted to supply the SAF for the flight. This year was the second edition of the Sustainable Skies Summit and to mark its opening an RAF Voyager performed an air-to-air SAF refuelling to other RAF aircraft before flying over Farnborough Airport. For any further questions, please contact the Cleeng Customer Success Team.We’re looking forward to attending two of our biggest events of the year this month: IATA’s Aviation Energy Forum in Seattle and EBACE in Geneva.Īpril saw us supporting both the Sustainable Skies Summit (17-18 April), which was held at Farnborough Airport in the UK and Aero Friedrichshafen in Germany (19-22 April).Refund – Amount returned back to the Broadcasters due to different reasons.Other scenarios of additional costs will be discussed with the Broadcaster directly Accordingly, this amount will be deducted from the total payout amount. Other fees – For broadcasters whose custom currency is different than EUR, GBP, and USD, Cleeng collects 2.5% from the Total Payout to cover currency exchange fluctuations as per Merchant Schedule.This situation is described and presented in the image below: In some circumstances, the Cleeng Finance team will have to adjust the payout value manually. Please make sure to deliver accurate bank details before that date. Wires are being processed each 15th of the month. Total Payout – Expected wire amount a broadcaster can expect to receive in their bank account.Sales tax – The amount of tax calculated according to the VAT Rate.For broadcasters outside the EU, this rate becomes 0%. For those within the EU, a reverse-charge mechanism applies and the VAT rate becomes 0%. ![]() VAT Rate – This will become visible only for Broadcasters from the Netherlands.Subtotal – For Broadcasters outside the Netherlands, this value becomes the final amount a broadcaster can expect to receive in their bank account.Money will be released with the next payout. Usually, it is 5% but it might vary due to the volume of cancellations on your account. Service deposit – Amount of money kept by Cleeng for the recent period.Total eligible earnings – Earnings after deduction of all Cleeng payment, service, and cancellation fees.Previous service deposit – Money kept by Cleeng on your previous month’s payout which is now released with the current month’s payout calculation.Cancellation fees – Cleeng collects €/$ 1 for each refund once occurred.Chargeback fees – Cleeng collects €/$ 8 for each chargeback once occurred.Total earnings – Indicates how much was earned, excluding cancellation fees.In this example, we see service fees for subscription offers. Offers service fees - Depending on your sales model you will see different types of fees collected by Cleeng, agreed on in your contract.In this example, we see payment fees for subscription offers. Offers payment fees – Depending on your sales model you will see different types of fees collected by Cleeng, as agreed in your contract.This revenue is before Cleeng’s applicable fees Total revenue net – This shows the difference between total transactions and canceled revenue.Canceled revenue – Quantity & value of canceled transactions. ![]() In this example, there are only pass offers.
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