Why am I being asked to accept a new subscription fee, and what happens if I don't?
Recurring subscriptions often undergo price adjustments as the platform evolves. These changes are implemented as per the platform's Terms of Service. Below, we explain why these changes occur and what happens if you choose not to accept them.
Why You Are Prompted to Accept a New Fee
When your subscription is due for renewal, you might see a notification asking you to accept an updated fee. This happens because:
Price Adjustments: Subscription prices may change periodically to reflect the evolving value provided by the platform. This is standard practice outlined in the Terms of Service.
User Opt-In Requirement: Before charging you the updated price, the platform requires your explicit consent to comply with regulatory standards and ensure transparency.
Consequences of Not Accepting Updated Pricing
If you do not accept the new subscription fee:
Failed Payment: The renewal payment may not go through since the updated fee hasn't been approved by you.
Subscription Cancellation: As a result, your subscription could be canceled, and you will no longer have access to the subscribed features or services.
Steps to Reactivate: To continue using the subscription, you would need to re-subscribe and explicitly agree to the updated pricing.
Related Topics
Terms of Service for Subscriptions
Managing Subscription Renewals
How to Reactivate a Canceled Subscription