AppBind holds a balance on your behalf in order to fund subscription purchases. You can fund your balance by setting a budget for yourself on the Budget tab of My Funding.
If you’re also using AppBind to bill your customers management fees or service fees or to earn commissions from subscription vendors, you can build a balance in AppBind from revenue.
Also, when you receive a refund or chargeback from a subscription vendor, the funds will go into your balance in AppBind.
Because it takes time to move money and settle the transaction, the funds you have available for use may be less than your current balance. We show you both “Your balance” and “Your available balance.”
Finally, on some AppBind accounts, AppBind may extend account credit in case of overdraft. We show you how much overdraft is available and has been used. This overdraft will have to be repaid out of money flowing into your balance.