When are payments billed - in advance or in arrears?
Subscription is billed monthly in advance, transactions monthly in arrears.
Subscription is billed monthly in advance; transactions are billed monthly in arrears (i.e. the bill that arrives at the start of each month covers the upcoming month's subscription plus the prior month's transaction usage).
Payment terms ( require payment within 14 of invoice receipt) - payment via direct debit or credit card charge.
For customers on the 12-months-upfront plan with the 20% discount, the subscription portion is billed as a single annual invoice at the start of the term, and transactions continue to be billed monthly in arrears.