Monthly invoicing is a payment method in which PanelPlace extends a line of credit to you for your advertising costs, and you receive an invoice each month. Typically, this payment method is used by larger advertisers and businesses.
You might be able to use the monthly invoicing payment setting if your business meets certain requirements. These requirement include, but aren't limited to:
- Having an active PanelPlace Ads Account in good standing for a minimum of 6 months.
- Spending a minimum of US$1,000 a month (this can vary by country) for any 3 of the last 12 months.
If you meet these initial requirements and would like to apply for monthly invoicing, please contact us.
After you contact us to apply, we'll review your credit history. If you're approved, we'll send you an email offering you:
- Payment terms: How much time you have to pay us after we've issued you an invoice. Typically, this is 30 days.
- Credit line: The maximum balance for the sum of all outstanding amount that you're responsible for. This balance is made up of all unpaid advertising costs, including charges that have and haven't yet been invoiced.
Once you agree to these terms, we'll convert your account to the monthly invoicing setting. Remember that if you exceed either your payment terms or credit line, your ads may be stopped. We'll email your invoice, usually by the 5th business day of the month, with instructions on how you can pay.