A site setting has been added for Membership Scheduled Payment Grace Period that can be configured by iModules. If the grace period is set to 0 days (default), it means there is no grace period and the card would continue to be charged indefinitely. This is the default behavior if you have not had the grace period configured for your site. If the grace period setting is changed to anything greater than 0, it will attempt to charge the the card for the specified number of days in the grace period. Once the grace period has ended, the system will no longer attempt to charge the card. The membership will be put into a canceled status, deleted and is removed from the recurring billing grid.
This grace period only applies to Membership Scheduled Payments. It does not apply to Membership Auto-Renewals.
Contact Application Support to have the Membership Scheduled Payment Grace Period enabled for your site.
Today's Date - 8/7/2016
Next Payment Date - 8/7/2016
Grace Period - 5 days
iModules will attempt to charge the card on 8/7, 8/8, 8/9, 8/10. On 8/11 the membership will be deleted and will be removed from the grid.
NOTE: Once the grace period has ended, the recurring billing is deleted and removed from the grid. There is no way for admins to re-activate that recurring billing. A new membership would have to be purchased with a new payment schedule.