Wadiz Post Payment is a payment method in which advertising costs are not paid in advance, but advertising is executed first and then advertising costs are deducted from the settlement after the project is completed.
You don't have to pay upfront for initial advertising, so you can use project operating funds more flexibly.
✅What is Wadiz's 'pay later'?
Post-payment is a form of post-payment that can be used by Wadiz Advertising Services. Unlike Biz Money, which charges and uses the amount from the beginning, advertising expenses used after executing the advertisement first are automatically deducted from the settlement after the project is completed.
Thanks to this, from the scheduled stage of the project opening to the point of receiving the final settlement, the operating funds can be operated leisurely without pre-payment of advertising costs.
✅ Key features of Wadiz post-payment
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Settlement deduction method
- Advertisements can be executed within the post-payment limit granted to the maker, and the advertising expenses used will be automatically deducted from the settlement after the project is completed
- Advertisements can be executed within the post-payment limit granted to the maker, and the advertising expenses used will be automatically deducted from the settlement after the project is completed
-
alleviating the burden of operating funds
- From the scheduled stage of the project opening to the end of the project, there is no need for a pre-payment of advertising costs, which can reduce the burden of initial operating funds.
✅ Wadiz Post Payment Available Project
Post-payment is available in the project types below.
a funding project
Preorder Project
※ Post-payment does not apply to store projects.
✅ Time and duration of payment for Wadiz's postpaid payment
Post-payment limits are automatically paid at the following point without a separate application or document submission.
Post-payment paid can be used from the date of grant to the end of the project and will not be available after the project is finished.
- In case of proceeding with the scheduled opening: automatic payment on the morning of the business day after the scheduled opening date
- If you do not proceed with the scheduled opening: Automatically pay on the morning of the business day following the opening date of this project
Example: If you post the scheduled opening on August 5, → Post-payment limit will be automatically granted on the morning of August 6, the next business day.
✅ Basic limit and usage fee for Wadiz postpaid payment
Depending on the maker's project progress history and consulting service progress, the basic postpaid payment limit and commission will be applied separately.
- NEW MAKER: MAKER WITHOUT A HISTORY OF PROJECT SUCCESS IN WADIZ
- Existing Maker: Maker Successfully Completing Project More Than One Time in Wadiz
The basic limit and fees for post-payment depending on whether or not consulting services are conducted are as follows.
Consulting Services |
a late payment fee |
limit |
||
Display/Push Advertising |
Target Advertising |
a new manufacturer |
Existing Maker |
|
Not progressed |
5% |
15% |
5 million won |
10 million won |
Progress |
2.5% |
12.5% |
15 million won |
20 million won |
✅ Additional limit increase based on project performance
- The higher the amount of funding achieved, the more the deferred payment limit can be increased
- Each time the funding achievement exceeds KRW 80 million, the deferred payment limit can be increased by an additional KRW 10 million, and every time it exceeds KRW 100 million, an additional KRW 10 million can be increased. However, the upper limit is 100 million won.
-
If you wish to apply the additional limit, you must apply for an increase in the deferred payment limit through the Advertising Center/Biz Center, and the limit will be reflected on the business day after the application.
the amount achieved
an increase in the limit
80 million won
Basic postpaid payment limit +10 million won 200 million
Basic postpaid payment limit +20 million won 300 million
Basic postpaid payment limit + 30 million won ...
... Billion
Basic postpaid payment limit +100 million won
✅ Frequently asked questions
Q. How is the difference between postpaid payment and Biz Money?
Biz money is a prepaid method that charges the amount in advance. Post-payment is a method in which advertising is executed first and advertising costs are automatically deducted from the settlement after the project is completed, and the biggest difference is that advertising can be operated without the initial financial burden.
Q. When and how can I get the late payment limit?
It is automatically granted without a separate application. The limit will be automatically paid on the morning of the scheduled opening date or the business day after the project opening date, and no document submission or separate confirmation procedure is required.
Q. Until when can I use the postpaid payment?
Post-payment can be used from the date of limitation to the end of the project. You cannot use it after the project is finished, so please use it within the project operation period.
Q. Is post-payment available in the store project as well?
No. Post-payment is only available for funding and pre-order projects. Store projects are not eligible for post-payment.
Q. Does the additional limit increase automatically apply?
No, the project performance linkage additional limits are not applied automatically. You must apply for an increase directly through the advertising center or the Biz center, and the limit will be reflected on the business day after the application.