Are payment terms yearly ?

I read somewhere ( do not remember) that payment terms are yearly.
Is that correct ?
Also wondering since payment terms are yearly why there is no refund
for the unused portion ?

I pay in Sept 2003. For some reasons ( I hope it never happens) the hosting quality goes down in Jan 2004. I cannot get any refund for unused portion ?

Please advice
 
Let my clarify Atul's post. We will do a complete refund within the 30-day money back period. After that period, no refund will be offered on balances because that simply isn't supported by our payment gateways. Therefore, it is recommended that customers signup on monthly pay terms

The only reason we offer longer pay terms is for customers paying by check and for customers who want to forget about their billing.
 
Any Action required for monthly credit card payment

Assuming I go for monthly payment scheme using credit card ( not ccAvenue) Do I have to perform funds transfer every month ?
Or do will you autodetect every month ?
 
At the end of each month you'll be emailed an invoice. All you'd have to do is click the link in that invoice to pay. So yes, you'll have to pay every month. You can however pay a couple of months in advance. The system would just debit your monthly charges from that amount till it depletes
 
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