<?xml version="1.0" encoding="UTF-8"?><oembed><type>video</type><version>1.0</version><html>&lt;iframe src=&quot;https://www.loom.com/embed/9964e3cf108d4916bd58d1f9c804a7f8&quot; frameborder=&quot;0&quot; width=&quot;1920&quot; height=&quot;1440&quot; webkitallowfullscreen mozallowfullscreen allowfullscreen&gt;&lt;/iframe&gt;</html><height>1440</height><width>1920</width><provider_name>Loom</provider_name><provider_url>https://www.loom.com</provider_url><thumbnail_height>1440</thumbnail_height><thumbnail_width>1920</thumbnail_width><thumbnail_url>https://cdn.loom.com/sessions/thumbnails/9964e3cf108d4916bd58d1f9c804a7f8-57049704a3336a75.gif</thumbnail_url><duration>153.694</duration><title>Understanding Billing Cycles and Intervals 💡</title><description>In this video, I explain the concept of billing cycles and intervals when setting up payment plans for memberships. I discuss how the billing interval determines how often a payment is made within a specific period, using examples like monthly and bi-weekly billing. I also touch on setting expiration dates and the number of billing cycles for special memberships. Understanding these concepts is crucial for managing membership payments effectively.</description></oembed>