Anton L thanks for the confirmation of this information, one last question...

If I have set up a Premium Membership using Paid Levels, and the price is $1, for 1 Month, and the Member pays $1 for that Premium Membership, at the end of that Month, will the system take payment again of another $1 for the next Month automatically, or does the Member have to manually pay for another 1 Month of Premium Membership. In other words, is this automatic and recurring, or does the system leave it up to the Member to resubscribe to a new Month of Premium Membership. Just so I'm clear on how this operates.

Ultimately, it would be good if this system automatically took payment without the Member doing anything when that Period was over, and in this way, it would be a Subscription that continues, one Month at a time, Until the Member Cancels that Subscription. Or in the case of a Year, it would be a Subscription that continues, one Year at a time, Until the Member Cancels that Subscription. I just want to be clear on which case actually happens. Thanks very much for taking the time to clear this up for me!