Touchtech Vendo

Pricing & Payment Terms

pricing

Subscription Plans

Touchtech Vendo is licensed as a subscription and is available as a fixed, variable or mixed plan.

2016-08-30 14_20_12-Touchtech Vendo Proposal - Word

Change of subscription plan may be done with a two (2) months notice to sales@touchtech.com.

platform fee

A fixed recurring monthly cost for hosting, monitoring and administrating Touchtech Vendo. Includes access to the Vendo Portal and Vendo API.

LICENSE FEE

A monthly fee per active device running the Touchtech Vendo App.

TRANSACTION FEE

A ‘per transaction’ fee based on the total gross sale amount (including taxes) processed through the Touchtech Vendo App.
The Touchtech Vendo transaction counts as processed once the End User* has clicked on the link provided in the confirmation SMS or EMAIL. No refunds shall be deducted from the gross value.

*End User: The person using Touchtech Vendo.

PAYMENT

Terms & Conditions

  • All prices are exclusive of Value Added Tax (VAT) and any other similar taxes or statutory levies.
  • Fees will be due in full within 30 days after the date of invoice.
  • All payments shall be made in Euro. In the event that The Customer’s revenue is in currencies other than the payment currency (Euro), Touchtech shall convert said amount each month into the payment currency based upon the latest foreign exchange reference rates on the date of invoice creation.
  • Interest shall be payable on any amounts paid later than the date due hereunder in accordance with Swedish Interest Act. In the event of delay in payment, Touchtech is entitled to suspend or terminate Touchtech Vendo without prejudice to Touchtech’s other rights and remedies.
  • Each party agrees to maintain records supporting the collection of revenue and payments made hereunder for a period of two (2) years following the date that the collection or payment of the revenue was made.