Autopay

schen2000	Ultimate   Golden
Posts: 9239	2010/10/13 at 15:51 schen2000 edited message on 2013/02/20 at 04:47 AUTOPAY AutoPay Minimum Days Limit:  Standard  = 20 days  Golden  = 20 days  Emerald  = 20 days  Sapphire  = 18 days  Platinum  = 20 days  Diamond  = 14 days  Ultimate  = 10 days Basically once it's enabled AutoPay will pay and extend 1 day at 15% discount for any of the ref(s) that has made a click and has more than 20 days left. When the rented referrals has less than 20 days left you will need to manually renew or enable autorenew them or else they will expire which there is a small fee per TOS 3.4 Autopay is 4th cheapest way to renew your refs, when you have all your refs renew longer then 90 days, it's not longer needed, but autopay can still be useful to help spread out the # of refs due to expire at the same time. 15 days renewal = 0% discount 30 days renewal = 5% discount 60 days renewal = 10% discount Autopay = 15% discount 90 days renewal = 18% discount 150 days renewal = 25% discount 240 days renewal = 30% discount Autopay can be enabled or disabled for all rented referrals. Some examples: Ref #1 has 19 days left autopay will not pay for ref #1. Ref #2 has 23 days left and made a click, autopay will extend ref #2 for 1 more day. Ref #3 has 40 days left and made no click, autopay will not extend ref #3 until a click is made. AutoPay automatically deducts the payments from the rental balance, if it has insufficient funds, it uses main balance. If both balances have insufficient funds it won't be triggered and will only work again when one of the balances has enough funds. AutoPay features: - Renew referrals for 1 day at a time at 15% discount. - Saves time in automatic renewing refs with 20 or more day remaining. - Cheaper then 15, 30, 60 days renewing. - Might help in filtering out low clickers. - Might help in using earnings efficiently. - Help in delaying payments on large numbers of refs expiring at the same time. - No need to use AutoPay if renewing longer than 90, 150, 240 days. - Flexibility to enable or disable at any time. - AutoPay works for all the refs, you cannot select who to extend for 1 extra day. Also read here For example: If today the ref makes 1 click it'll get extended for 1 extra day at the 15% discount price per day. If your current month rental cost is $0.25 which comes to $0.00833 per ref per day with AutoPay your per ref cost per day now is $0.00708333 Also read... From FAQ=>Referrals=>AutoPay=>What is AutoPay? This image has been resized. Click this bar to view the image in full size. More AutoPay Examples: Example 1: I just extend some refs for 90 days. I'll enable autopay and help spread out the cost so I don't need to come up with a lump sum of cash when the refs come close to their expiration date. Example 2: My ref has less than 20 days left. Autopay is not going to extend them for me anymore. I have to manually extend them for 15/30/60/90/150/240 days. Example 3: Extending 1 ref with no discount is $0.26 per month which cost $0.0087 per day (0.26/30). Extending 1 ref at 18% discount for 90 days is $0.64 $0.26 per month x 3 months x 0.82 (18% discount) / 90 days = $0.0071 per day. With AutoPay on. If the ref click today (now 89 days left). I'll paid: $0.26 per month x 0.85 (15% discount) / 30 days = $0.007366 per day. The refs remaining time will stay the same at 89 days (+1 day from autopay and -1 day because a day has passed)