QUID charges your credit card at the end of every 2-week pay period, or when your balance hits $10. If you don't use QUID, you do not get charged.
When you sign up for QUID, we preauthorize your credit card to ensure that it is valid and has funds available. Note that this is just a preauthorization -- your card is not charged.
Every time you use QUID to make a payment, your QUID balance increases by the amount of the payment.
We charge your credit card when your QUID balance hits $10.00, or when it's been two weeks from your first unsettled purchase. We will also email you an itemized receipt which includes all the payments you made with QUID for that period.
Secure Payments with QUID
QUID takes security very seriously -- all payment information is transmitted over encrypted links, and is protected with the highest of industry standards. See What kind of personal information do you collect and share? for more information.