Aria collects electronic payments from customers under four circumstances, as listed below:
Aria collects electronic payments from customers under four circumstances, as listed below:
The minimum collection threshold is the minimum amount for which Aria will attempt a collection from an electronic payment method. You can specify the minimum collection threshold for each currency in which you will do business with your customers.
You can specify whether the minimum collection threshold should apply to only collections performed during batch processes or all collections (collections triggered by batch processes, account creation, plan change in the middle of a billing cycle, one-time order, pending invoice approval, etc.). The setting that determines this is Apply Minimum Collection Threshold to All Collections (under Configuration > Payments > Payment Settings).
Aria will not attempt to collect payments that are below your specified minimum collection threshold.
Any collections that were skipped because of an amount that was below the minimum collection threshold will be treated as if they were successful collections.
Note: If you approve a pending invoice and the invoice amount is below the minimum collection threshold, Aria will not collect a payment.
Example: Your minimum collection threshold is $10. In March 2012 you approve a pending invoice A is for $4.00. In April 2012, you approve a pending invoice B for $4.00. Aria will not collect a payment in March or April. If in May 2012, you approve a pending invoice for $2, that will bring the account balance to $10. Since the account balance has reached the minimum collection threshold, Aria will then collect the full account balance of $10 during the nightly batch processes.