Quote:
Originally Posted by Nysus
Hi corvette - This still doesn't say what is happening to the $0.60 cents? If he explained things wrongly, it might be best to clarify? Otherwise I have the same question as him? It's great people are making more money, and it makes sense, but it doesn't necessarily make full sense if money is missing when paid?
Matt
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I think I answered it.
If it's not a regional billing sale the exchange rate is taken into effect at the 1st signup. Then when he rebills a month later the customers card will billed again (more or less) depending upon the exchange rate. The customer will always be billed in his currency the equivalent of what the membership is in USD.
This has to change each month.
"Thus is subject to adjustment"
as it states in the disclaimer on the signup page that I have posted several times.
Since the exchange rate varies all the time they cant switch it daily or hourly so they must have it set as an average for the previous month or something of the sort. Then when the next month rolls around it resets and will average out over time.
Any subsequent (future) charges will be billed in the above selected currency, and are subject to adjustment (adjustments are based on the selected currency value = to US Dollars), at the time of each subsequent charge.