Billing

overview the billing section explains how funds are moved between refundid and your business as part of day to day reconciliation billing is made up of two core components payouts payments made from refundid to you when funds are owed to your business (for example, exchange upsell revenue or reversals where you’ve already been debited) direct debits payments collected from you to refundid to reconcile instant products, shipping charges, and other billing items such as saas fees the documents below outline how each billing method works, when it applies, and what requirements are needed to support it (such as providing bank account details) saas billing periods saas fees are billed monthly by default your account can instead be configured to bill saas fees in advance over a longer period (for example, quarterly) the invoice will show one saas line per covered month reach out to your account manager if you'd like to change your billing period retailers paying via shopify billing are billed monthly only