PLUSH74 FEE STRUCTURE
1. User Fees
When a user books a location through PLUSH74, they are required to pay a fee directly to PLUSH74. This fee, referred to as the “User Fee,” is calculated as a percentage of the total booking amount. The User Fee is set at 20% of the booking total, excluding any applicable taxes or additional charges. The User Fee is intended to cover the cost of using the PLUSH74 platform, as well as the services, support, and assistance provided by PLUSH74 to ensure a smooth and successful booking experience for the user.
2. Member Fees
As for the location owners, who are referred to as members, they are responsible for paying a fee to PLUSH74 for each successful booking made through the platform. This fee, referred to as the “Member Fee,” is also calculated as a percentage of the total booking amount. The Member Fee is set at 10% of the booking total, excluding any applicable taxes or additional charges. The Member Fee is charged to compensate PLUSH74 for its role in facilitating the transaction, connecting members with potential users, online marketing (SEO, newsletter, industry-specific platforms, social media, etc) and providing ongoing support and assistance throughout the booking process.
3. Applicability and Exceptions
The aforementioned fee structure generally applies to bookings made through PLUSH74. However, it’s important to note that there may be exceptions and variations depending on specific agreements or circumstances. For certain bookings or special cases, PLUSH74 reserves the right to negotiate custom fee arrangements with members and users. Any exceptions or variations to the standard fee structure will be clearly communicated and agreed upon by all parties involved before the booking is confirmed.
4. Fee Payment and Deductions
The payment transactions for the locations facilitated through Plush do not involve Plush directly collecting any payments from the user. Instead, Plush serves as a platform that connects users with members offering their locations for bookings.
Upon confirmation of a booking, Plush charges a separate 20% fee to the user based on the total booking amount. This fee is explicitly disclosed to the user during the booking process and is intended to compensate Plush for its services in facilitating the transaction.
In addition to the user fee, Plush also collects a 10% fee from the member. This fee is included by the member in their quote provided to the user, and it represents the amount that the member agrees to pay to Plush for utilizing its platform and services.
It is essential to understand that the 10% fee charged to the member does not factor into the calculation of the 20% user fee. The user fee is solely based on the total booking amount paid by the user and is separate from the member fee collected by Plush.
All payment transactions between the user and member are conducted independently outside of Plush’s platform. Plush does not act as a financial intermediary, and it does not handle or process any payments made between the user and member.
5. Fee Adjustments and Refunds
In the event of any booking modifications, cancellations, or refunds, adjustments to the User Fee and Member Fee may be required. If a user cancels a booking within the specified cancellation period and is eligible for a refund, the User Fee will be recalculated based on the adjusted booking amount. Similarly, if a member needs to modify or cancel a booking, the Member Fee will be recalculated accordingly. Any applicable refunds or adjustments to the User Fee or Member Fee will be processed in a timely manner.
6. Fee Structure Modifications
PLUSH74 reserves the right to modify the fee structure at its discretion, with any changes taking effect upon proper notice to users and members. PLUSH74 will make reasonable efforts to notify users and members of any fee structure modifications via email or through the platform’s notification system. It is the responsibility of users and members to review and familiarize themselves with the most up-to-date fee structure. Continued use of the PLUSH74 platform by users and members after the effective date of the fee structure modifications constitutes acceptance of the updated fee structure.
7. Legal Compliance and Taxes
Users and members are responsible for complying with all applicable laws, regulations, and tax obligations related to the payment of fees. PLUSH74 is not responsible for any taxes, duties, or other charges imposed on the User Fee or Member Fee by any jurisdiction. Users and members are advised to consult with their own tax advisors or legal professionals to understand their tax obligations and ensure compliance.
8. Agreement to the Fee Structure
By using the PLUSH74 platform as a user or member, both parties explicitly agree to the fee structure outlined above. Users acknowledge and accept the 20% User Fee, while members acknowledge and accept the 10% Member Fee. By initiating a booking or listing a location on the PLUSH74 platform, users and members signify their understanding and acceptance of the fee structure as an integral part of their engagement with PLUSH74.
9. Updates and Notifications
PLUSH74 may update the fee structure from time to time to better align with its services and operational needs. Users and members will be notified of any changes to the fee structure via email or through the platform’s notification system. It is the responsibility of users and members to review and stay informed about the most current fee structure. Continued use of the platform after the effective date of any fee structure modifications indicates acceptance of the updated fee structure.
If any provision of the fee structure or the terms and conditions is found to be invalid, illegal, or unenforceable, the remaining provisions shall remain in full force and effect. The invalidity, illegality, or unenforceability of any provision shall not affect the validity, legality, or enforceability of any other provision.