When a student purchases your Submitted Content, we calculate the gross amount of the sale as the amount actually received by Aethenos from the student (“Gross Amount”). From this, we subtract any Transaction Taxes and any PayPal/Stripe processing fees to calculate the net amount of the sale (“Net Amount”).
If you have not used any instructor-generated coupon codes or course referral links as described below, your revenue share will be 50% of the Net Amount less any applicable deductions, such as student refunds. If we change this payment rate, we will provide you 30 days’ notice using prominent means, such as via email or by posting a notice through our Services.
Aethenos makes all instructor payments in U.S. dollars (USD) regardless of the currency with which the sale was made. Aethenos is not responsible for your foreign currency conversion fees, wiring fees, or any other processing fees that you may incur. Your revenue report will show the sales price (in local currency) and your converted revenue amount (in USD).
The Aethenos platform allows you to generate coupon codes and referral links to offer certain items of your Submitted Content to students at a discount, at Aethenos’s current price (which is decided by you), or for free, as permitted within the Services. These coupon codes and referral links are subject to limits, and you may not sell them on third-party websites or otherwise offer them in exchange for compensation. Additional information and restrictions on these coupon codes and referral links are outlined in our Trust & Safety policies.
Where a student applies your coupon code or referral link at checkout, your revenue share will be 97% of the Net Amount less any applicable deductions, such as student refunds.