How do we send payments to our Screen Providers?
FRAMEN partners aggregate revenue constantly based on the advertising running on their screens. This can be monitored live by our partners in our FRAMEN Screen Manager dashboard. This revenue is recognized on a monthly basis through a Credit Note issued to our partners for the advertising revenue aggregated in the ending month.
The Credit Note adds the applicable value-added tax depending on the respective tax law. This PDF document is also downloadable in our FRAMEN Screen Manager dashboard.
The issue date of these Credit Notes is on the first day of each month, and the payment is processed to our partners on the closest Wednesday after 30 days of the issue date according our payment terms.
For example, you will receive payment on Wednesday, May 3rd 2023 for the revenue credited for the monthly period of March 2023.