Paying for a Private Region

[Shiloh Somerset]

How do you pay for a private region with linden? Or does the $L have to be converted to usd? I have read the knowledge base, but I just want clarification. Because it seems like its a money sinkhole to own a region if you ahve to convert linden to $295 on a monthly basis. Since you lose money when you conver $L to USD.

 

Thanks

Shiloh

[Alwin Alcott]

LL will take the money from your account in sl, if there is no USD balance ( because you sold L$) it will be withdrawn from your billing method, without conversion to L$ first.

So in fact payment from a empty sl usd balance won't let you deal with L$ exchange fees.

[Shiloh Somerset]

Yes, I understand that, it takes the money from the credit card on file. But to take the linden I receive in world to pay for the sim, I have to convert it, right? Basically, is there a way to pay for a region with in world linden?

[Alwin Alcott]

yes, you can pay with the L$ you earn in SL, but will have to sell it so it will be on you USD balance. LL will always try o charge that account first.

You can NOT pay with the L$ itself.

[EDD Graycloud]

Waves,, heya Shiloh ^^

 

First of all, you gotta understand a few things first. The $295 you are referring to is just the monthly maintenance fees. You are actually charged $1000/$1029 for the initial setup (Undeveloped/themed) through the billing/payment method listed under your account.

With that saying, the same actually applies for your monthly $295. It will actually go according to this order :

1) The US$ balance in your account (either through your own balance or through linden sales). 

2) The listed payment/billing method on your account if there is insufficient or no US$ balance in your account.

 

Hope that helps

 

http://wiki.secondlife.com/wiki/Linden_Lab_Official:Estate_and_Private_Region_Billing_FAQ

https://community.secondlife.com/t5/English-Knowledge-Base/Buying-Private-Regions/ta-p/700045