1. Purpose & Objectives

The Payment Method Setup process ensures smooth and timely collection of marketing fee payments by:
✅ Standardizing authorized payment methods for consistency.
✅ Ensuring timely remittances through BMBerry.
✅ Reducing payment issues through proactive communication.
✅ Supporting marketplace operations with efficient fee collection.

2. Authorized Payment Methods

📌 All marketing fee payments must be processed through BMBerry.
📌 Only approved payment methods are accepted to maintain accuracy.

3. Payment Processing Steps

✅ Account Setup

• Members must maintain a CC on file for payments.
• Payment details must be updated by members to avoid transaction failures through member portal.

✅ Payment Collection

• Fees are processed on the scheduled due date (5th, 9th, 13th & 17th).
• Automatic payments are encouraged to ensure timely remittance.

✅ Issue Resolution

• Any failed or delayed payments must be addressed immediately.
• Members will be notified to update their payment details if needed.

4. Compliance & Accountability

✅ Members are responsible for maintaining valid payment information.
✅ Late or failed payments may result in additional fees, delayed payout or service interruptions.

5. Summary: Key Takeaways

✔ Payments must be made through BMBerry through member portal.
✔ Members should maintain up-to-date payment details.
✔ Prompt resolution of payment issues ensures smooth marketplace operations.

By following this process, we ensure an efficient and reliable system for collecting marketing fees while fostering a positive member experience.