White Label SaaS · glossary

Wholesale Fee

The price Tressick pays Larchpay, before adding its own margin: £2 for each Active Employee a month, from month 1. Tressick charges £5, so it keeps £3. In the Exit Period it is the only fee. Agreement, Schedule 2, paragraph 2 · Chapter 7 · see Active Employee, Minimum Fee

Explained in Chapter 7, Fees: Set-Up, Wholesale Price and the Monthly Minimum, of White Label SaaS.

How it comes up, in Chapter 7
The Wholesale Fee is the price Tressick pays, before it adds its own margin. An Active Employee is anyone an End Customer pays through the app at least once in the month. So a café worker paid every week counts once a month, not four times. Someone still on an End Customer's books but not paid that month does not count.
Read Chapter 7, Fees: Set-Up, Wholesale Price and the Monthly Minimum →

Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.

Related terms

Where this term lives

This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open White Label SaaS → · All terms A–Z →