Payment Policy.

Revised on February 17, 2022

This policy details payment collection policies for Wayne Media Group and all subsidiaries. For existing clients, the 3% additional surcharge on credit cards and debit cards goes into effect on July 1, 2022; and for new clients as of February 17, 2022, it goes into effect immediately and will be detailed inside of all agreements.

Payment Schedules

Project Work

  1. All project work will require a deposit, this is equal to 70% of the total project and will need to be collected within 3 days of the agreement being signed.

    1. Reminders will be sent on the 5th day after the agreement has been signed

    2. After 10 days, there will be a 15% late fee assessed on the deposit

    3. After 15 days, the project will be canceled

  2. Projects specifically focused on website and video will only be released once the final payment has been made

    1. Videos will be watermarked accordingly until the final payment has been made

    2. Websites will be not be published until final payment has been made

Onboarding

  1. All onboarding fees will be required to be paid in full within 3 days of the agreement being signed.

    1. Reminders will be sent on the 5th day after the agreement has been signed

    2. After 10 days, there will be a 15% late fee assessed on the deposit

Retainer

  1. All retainers will need to be collected within 3 days of the beginning of the month, if pro-rated within 3 days of the initial invoice of the prorated period.

    1. Reminders will be sent on the 5th day after the agreement has been signed

    2. After 10 days, there will be an additional reminder sent

    3. After 15 days, there will be a 15% late fee assessed on the account

    4. After 20 days, work will cease until the payment has been made

Credit and Debit Card Surcharges

  • Effective July 1, 2022, all clients for Wayne Media and all subsidiaries will be assessed a 3% surcharge when making payments through QuickBooks Online utilizing a debit or credit card

    • ACH transfers will be available online at no charge

    • Direct ACH transfer instructions will also be available

    • If you’re paying by check or ACH, it will need to be received by the 10th of the month

      • Reminders will be sent out accordingly

      • The late fee will be assessed on the 15th if payment or communication of payment has yet to be made

    • Any clients onboarding after February 17, 2022, will be opted in to the 3% surcharge should they be paying online with a credit or debit card

      • All other policies will go into effect for all new clients as of February 17, 2022

Standard Hourly Rates

  • Consulting Standard Rate

    • $250 per hour

  • Video Hourly Rate (Shooting and Editing)

    • $250 per hour

  • Website Development Rate (CSS, HTML, Standard Changes)

    • $125 per hour*

  • Graphic Design Standard Rate

    • $125 per hour*

*two hour minimum for all new projects; 1 hour minimum for any existing client

Collections

  • Any accounts wherein the work has been completed and a balance is outstanding may be sent to collections once they become grossly overdue (60 days and onward).

Should you have any questions about our payments policy, please contact start@waynemedia.com for more information.