Late Payment & Billing Policy

membership fees & billing membership fees are collected monthly via automatic credit card withdrawal vendors are responsible for ensuring that a valid credit card is on file sufficient funds are available on the payment due date this policy applies to all membership accounts important payment rules sales payouts cannot be used to cover membership fees e transfers are not accepted as a form of payment payment timeliness & late payments vendors are expected to remain up to date on all membership payments repeated late payments may result in account restrictions or membership termination \<font color="#2166ae">frequent late payments (3 or more)\</font> if your membership payment is late three (3) or more times within a six month period , your membership may be terminated what happens when a payment is late notifications you will receive reminders if your payment becomes overdue if further action is required further action if payment is not received within the timeframe outlined in the final notice, additional action may be taken, including membership termination legal steps to recover the overdue amount \<font color="#2166ae">14 days late payout suspension\</font> if payment is not received within 14 days of the due date all sales payouts will be temporarily paused you will be notified and asked to settle the outstanding balance reinstatement payouts will resume once the balance is paid in full any missed payouts will be included in the next scheduled payout \<font color="#2166ae">30 days late product removal + payout suspension\</font> if payment remains unpaid 30 days after the due date product removal all products will be removed from shelves or made unavailable for purchase final notice you will receive a final notice requesting immediate payment reinstatement products and payouts will be reinstated once the outstanding balance is paid in full further action if payment is not received within the timeframe outlined in the final notice, additional action may be taken, including membership termination legal steps to recover the overdue amount need to update your credit card? you can update the credit card on file for your monthly membership fees in makerspos 2 0, from your memberships page each membership is updated separately if you have more than one membership, update the card on each one individually accepted cards a credit card, or a debit or credit combo card that supports automatic payments go to your memberships page open the menu beside the membership you want to update select update payment method ➡️view update your payment method docid\ xt93 jhljeuocyadfn9jq for full step by step instructions ⚠️ this updates the card charged for your monthly membership fees it does not change where your sales payouts are deposited those are managed in your own stripe account see @ updating your banking details https //docs shopmakers ca/sales payouts#updating your banking details