On which day are EFT memberships billed?

Study for the Celebrity Tanning Test. Prepare with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

EFT memberships are billed on the 15th of each month. This date is typically chosen to align with mid-month payroll cycles for many individuals, making it easier for members to manage their finances and keep their memberships active. By scheduling the billing at this time, it reduces the likelihood of missed payments, which can disrupt access to services. This billing cycle is designed to ensure consistent revenue for the service while also providing convenience for members. The 1st and 30th are not commonly chosen for such billing practices, as they may coincide with other financial obligations individuals may have, thus making the 15th a more strategic choice. The option indicating that memberships are never billed does not apply here, as EFT memberships specifically involve regular billing to maintain active status.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy