Pricing
Transparent pricing so you can maximise the power of EMTs in your applications and workflows.
Please note that the terms used herein shall have the same meaning as in the Terms of Membrane Platform, which are accessible here.
1. Membrane Fees
1.1 The below fees are applied in the Mint and Redemption of EMTs by the Company:
| Action | Fee |
| Minting of EMTs | Free of charge |
| Redemption of EMTs | Free of charge |
| Migration of EMTs from one supported blockchain to another supported blockchain | Free of charge |
1.2 EMT Fees, if applicable, shall be invoiced before or during any EMT Transaction or migration of EMT to a supported blockchain is fulfilled.
1.3 Please note that when the Company Mints EMT to the Customer, the Customer shall pay to the Company the nominal value of the Minted EMT. For example, if 100 000 EMT is Minted, the Customer shall pay to the Company 100 000 units in the reference currency.
2. Service Fees
2.1 The below fees are applied in the use of the Service:
| Action | Service Fee |
| Membrane Account Fee, EUROe only | Free of charge |
| Membrane Account Fee, all EMTs | 10,000 EUR/mo |
| EUROe Link Fee | Contact us |
| EUROe Ramp Fee | Contact us |
2.2 Service Fees shall be invoiced one (1) year in advance. The billing shall commence in the beginning of the month following the order date of the Service. If the Agreement is terminated before the end of the one (1) year period, the Company shall not have an obligation to return any prepaid fees to the Customer.
3. Ancillary Services and Fees
3.1 The below fees are applied to the ancillary services provided by the Company to the Customer:
| Action | Ancillary Fee |
| Administrative work of the Company due to material breach of the Agreement by the Customer | 300 EUR/hour |
| Recovery of EMTs or other funds by the Company due to the Customer's incorrect execution of EMT Transaction | 80-450 EUR/hour |
| (1) Recovery is simple in nature and may be carried our by the Company's operations employee | 80 EUR/hour |
| (2) Recovery is complex in nature and requires the use of outside experts | 450 EUR/hour |
3.2 Ancillary Fees shall be invoiced on a monthly basis based on the accrued fees from the past month.
4. Payment Terms
4.1 All payments may be made in EUROe, except for payments referencing other EMTs. Payments in EUROe or Membrane EMTs shall not be subject to currency exchange fees.
4.2 Fees that are based on an hourly rate shall be billed for every starting half an hour.
4.3 Applicable taxes will be added to the Fees.
4.4 Invoicing will be done after each separate delivery or work if not otherwise agreed. Term of payment shall be 14 days net.
4.5 The Company may charge interest on overdue amounts. Interest will be calculated from the due date to the date of payment (both inclusive) at an annual percentage rate in accordance with the Finnish Interest Rates Act.
4.6 The Company reserves the right to change the fees and to institute new charges and fees at any time. The changes enter into force on the date specified by the Company, however no earlier than two (2) months after sending the notice to the Customer.