Invoicing Process
If you make more revenues than costs
1. mpulse sends you an Invoice, Charging Advice and a Summary
- Invoice
Specifies mpulse and mobile operator fees: setup fees, monthly fees, and cost of sending SMS
- Charging Advice
Specifies your revenues
- Summary
A third page specifies how much money mpulse will transfer into your bank account (i.e. the difference between our invoice and yours)
2.You invoice us for the amount on our Charging Advice
Please ensure your invoice is for the amount on our Charging Advice – not the one on our Summary
3.We transfer into your bank account the difference between your revenues and costs
mpulse guarantees that you receive your payout as soon as operators pay us.
Time-line
Example: Revenues generated on Luxembourg mobile operators
- December: you generate Premium SMS
- January 15th: mpulse sends you a charging advice, invoice and summary
- You invoice mpulse
- March 15th : mpulse transfers the money to your bank account
The payment delay (in the example: end December to March 15th) varies from 60 to 90 days, depending on the country. In Luxembourg it is indeed 75 days.
Our “paid when paid” guarantee ensures you receive your payment as soon as operators pay us.
If you make more costs than revenues:
mpulse sends you an invoice, where we discount from your costs any revenues you made. Thus we do a “netting” between the money you made and the money you owe us, and to simplify the process we just invoice you for the difference between these two amounts. Therefore in this scenario you do not receive a Summary, since the amount you owe mpulse is simply the total on your invoice.
Example:
- December: you generate Premium SMS
- January 2nd: mpulse sends you an invoice and a charging advice
- March 2nd (latest): your payment to mpulse is due
May we invoice mpulse without VAT ?
You may invoice mpulse at 0% VAT only if:
- You are a company resident of the European Union, outside Luxembourg, with a valid EU VAT number
- Or if you are a company resident of a territory exempt of VAT (mpulse’s explicit approval is required)
