There are many doubts about AutoPay enable or disable. This is a simple explanation when to use AutoPay. My theory of AutoPay is simple.
What is AutoPay
This is from ProBux FAQ. The AutoPay explanation:
AutoPay is one way to extend your referrals automatically.
If you have AutoPay enabled, on the first click a referral makes per day, you'll pay to keep that referral for an extra day.
If the referral does not click, you won't pay him for another day.
In other words, you'll pay one day in advance to your referral's due date.
AutoPay is also cheaper for you because you save 15% of a whole month's rent.
The value for each referral/day will be deducted from your rental balance.
If your rental balance has insufficient funds, it will deduct from your 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.
Note: Please keep in mind that while you may have AutoPay activated, it's only triggered for referrals that have 20 or more days left until the next payment.
When to Enable or Disable AutoPay
If you are planning to renew for 30 or 60 days, keep AutoPay enabled. If your renewal plan is for 90 days or more, disable AutoPay. I don't see the point of considering the amount of referrals. Because no matter how many referrals you have, the ratio of AutoPay (15%) and renewal discount (10%, 20%, 25%, 30%) remain same.
Ex:
Let’s say you have 100 referrals.
With AutoPay enabled:
30 days with AutoPay:
1* $20 * 85% (with 15% discount) = $17
Renew for 30 days:
1 * $20 * 100% (with 0% discount) = $ 20
60 days with AutoPay:
2* $20 * 85% (with 15% discount) = $34
Renew for 60 days:
2 * $20 * 90% (with 10% discount) = $ 36
90 days with AutoPay:
3* $20 * 85% (with 15% discount) = $51
Renew for 90 days:
3 * $20 * 80% (with 20% discount) = $ 48
150 days with AutoPay:
5* $20 * 85% (with 15% discount) = $85
Renew for 150 days:
5 * $20 * 75% (with 25% discount) = $75
So if you can afford to renew for 90 or more days, turn off the AutoPay.
