This is something you probably noticed as soon as you logged in. All members with credits will have noticed their Credits seemed to go up a lot. Previously credits cost $9 each and were separate from earnings. This is no longer the case. Credits are now based on your balance. What this means is that your old Pending Earnings have been added to your Credits Value (Credits x 9) and that is now the new Credits total. We have made the credits display to 4 digits because many members earn small amounts from pages and this way they can see that they have earned even if it is less than $0.01.
For Ads that previously cost 1 credit to activate (1 credit = $9) you will now just use 9 credits. It is the same dollar amount just an easier way to process it. The same applies to Promotion Packages. Instead of having to get separate credits, even if you had a lot of pending earnings, to be able to pay for it, you can now use the credits that may have been generated from your earnings.
One last part that we plan to implement is to allow members to set a reserve level so that they can keep a certain amount of credits in their account instead of having them paid to their payment processor each month. This will allow members to always have credits available for Ads or Promotion Package activations and renewals. Members will be able to set an amount to keep in reserve. When payments are made on the 20th only the amount over the reserve will be paid.
For example; Bill wants to keep enough credits in his balance to pay for a premium subscription each month. He sets his Reserve amount to 54. He has 120 credits in earnings for the month. Since he has over the minimum withdrawal amount, currently 100 credits, Bill will receive $66 to his payment processor on the 20th of the month.
We think this is a much easier way for members to understand and use their credits.
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