Learn what steps you need to take when transferring your ad account to the Line of credit payment model.
There are two basic payment models in Apple:
1. Pay as you go (PAYG): Payment with a credit card linked to your account.
2. Line of credit (LOC): Implies monthly billing summary and separate invoices for accrued campaign costs. LOC includes two options:
Budget Order. Budget orders can be created or edited only in the Apple Ads account settings.
Standard Invoicing. This model can be set up in SplitMetrics Acquire by providing us with Primary Contact Name, Contact Email, and Billing Contact Email.
You can set up the payment model on the ad account level. A particular model for LOC is configured on the campaign level.
When you create an account, it goes with the PAYG model by default. Transfer to LOC is possible only after Apple verification.
❗ Note. The LOC approval process takes time to complete, and approval isn't guaranteed. If you'd like to start a campaign immediately, you can add a credit or debit card as your payment model until the Apple Ads team approves and transitions your account to a line of credit.
Line of credit funding isn't available in some locations. Contact your Apple Ads client partners for more details.
To transfer from PAYG to LOC, perform the following actions:
1. Get the LOC approval from Apple. Mind the approval process takes time.
After the transition to the new payment model, campaigns that have been run with PAYG can no longer be used.
2. Once you get the approval, check whether the new payment model has been applied to your ad accounts in SplitMetrics Acquire: click Settings > Ad accounts.
Look for the Monthly invoicing payment method - its stands for the LOC model 👇
3. Duplicate the Campaigns in SplitMetrics Acquire easily due to the convenient interface. All the duplicated campaigns will get the new payment model.
❗ Note: You can duplicate the campaigns only after you have been approved for an Apple line of credit and the new payment model has been applied.
The new campaigns will appear in Apple Ads with the On hold status.
4. To enable campaigns in Apple Ads, configure Budget Order or Standard Invoice. You can do this by:
Editing each campaign manually in your Apple Ads account (if there are a few campaigns): All Campaigns > "Campaign"> Edit Campaign Settings.
Requesting the Apple Manager for the centralized LOC type setup for your campaigns on their side.
As soon as the billing information has been filled out, ⏳ wait for the campaigns to be synced with SplitMetrics Acquire.
❗ After completing all the above steps, you need to update your rules according to the new campaigns structure.
Note: When an ad account has been transferred to LOC, every time you create a new campaign in the future, you'll need to choose which invoicing option you want to use: Budget Order or Standard Invoice. Thereby, additional fields that are not available for the PAYG payment model appear in the form of creating a new campaign.
You can also create a new campaign and specify your invoicing details directly in SplitMetrics Acquire! Learn more in our Help Center.