Does freeze money apply towards EFT billing?

In the context of EFT (Electronic Funds Transfer) billing, the concept of "freeze money" typically refers to funds that may be set aside or held in reserve, usually in connection with membership or account status changes, such as a temporary hold on account activity. When it comes to whether freeze money can be applied to EFT billing, it is important to recognize that freeze money is not meant for outgoing transactions like billing.

EFT billing operates as a direct payment method for services rendered or products purchased. Therefore, any funds designated as freeze money are not used to process regular billing transactions. Instead, they are essentially withheld, possibly for reasons such as maintaining a membership while a client is temporarily unavailable or paused.

As a result, the understanding that freeze money does not apply to EFT billing is grounded in the operational mechanics of how billing is structured within the system. This means that while clients may have freeze money available in their accounts, it does not function as a valid payment method for ongoing charges associated with their EFT agreements.