After 2 weeks it will be automatically cancelled. Your WMSPanel subscription may fail to update due to payment method problems. In case of hardware failure or upgrade you can move license between transcoder instances by re-registering license on a new server. Your subscription is downgraded, but your licenses remain active until August, 1st. You de-activate 2 licenses on July, 20th. So you pay 5 USD and on July, 1st, you are charged by 230 USD.
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