This article covers the Starter Edition billing. If you are on the impact.com Starter Agency Edition, then please refer to the article on Starter Agency Edition billing.
When you sign up with impact.com Starter Edition, you will be required to provide credit card information. This information is to ensure that your funding account can be funded and can cover any costs that are incurred on a daily basis, preventing overdue payments from occurring. Monthly fees are calculated as 30 currency units or 2.5% of the total monthly revenue of locked partner costs, whichever is greater.
Whenever your funding account balance is 30 currency units lower than your owed partner and impact.com fees (plus the standard 50 currency units partner fees buffer), the system will automatically charge your credit card. This automatic charge will only happen after you’ve incurred your first partner or impact.com fees. impact.com won't charge your credit card if you have a sufficient wallet balance and the fees are less than the minimum amount to charge (30 currency units).
impact.com won't charge your credit card if you have a sufficient wallet balance and the fees are less than the minimum amount to charge ($30 USD or 30 currency units).
After you've incurred your first partner or impact.com fees, the system will automatically charge your credit card for those fees and a standard 50 currency units (e.g., $50) buffer for future fees.
* All currency amounts in this example are in USD.
For this scenario, we assume you sign up and complete your billing information on 12 May.
On 12 May:
Current funding account balance: $0
Costs: $0
Total expense = $0
Is there an auto-charge?
No, you've not incurred any fees yet.
On 30 May:
By 30 May you managed to secure contracts with partners who drive traffic that resulted in conversions for which you need to pay $25 in commissions.
While these actions will only lock on 20 June, they have already happened, so their costs will be included in the calculated total value on 30 May and will only be deducted from your funding account once the actions lock.
Current Balance: $0
Costs: $25 (Partner Costs)
Buffer Amount: $50
Total expense = $75 ($25 costs + $50 buffer - $0 balance)
Is there an auto-charge?
Since you've incurred your first costs, there will be an auto-charge of $75 to your credit card.
On 1 June:
On 1 June, there will be no impact.com fees, since you are still within your free trial period.
Current Balance: $75
Costs: $0 ($0 for impact.com fees)
Total expense = $25 (partner costs) + $50 (buffer) - $75 (balance) = $0
Is there an auto-charge?
No, because you have covered your partner costs.
On 2 June: (after the impact.com fees have cleared):
Funding account balance: $75 ($75 previous balance)
Is there an auto-charge?
Since your balance is $75 ($75 - $25 partner costs), there will not be an auto-charge for the costs.
On 20 June: (after the partner fees have locked):
Is there an auto-charge?
Since the fees are less than $50 (the minimum amount to charge), there won't be a charge.
On 1 July:
On 1 July, impact.com charges a monthly usage fee, which is due on and will clear on 2 July. The monthly usage fee is charged on the 1st of each month for usage of the previous month.
Costs: $30 ($30 impact.com fee + $50 buffer amount - $50 funding account balance)
Is there an auto-charge?
Since your funding account balance is not sufficient to cover the incurred costs plus a buffer, there will be a $30 auto-charge.
On 2 July: (after the impact.com fees have locked):
New funding account balance: $50 ($80 previous balance - $30 impact.com fees)