pending contract status after i changed my free app to paid app in app store

Question

I had a free app which was released and ready to sale some days back on app store.Now i made it a paid app by setting 0.99 dollars .Now my status is changed to pending contract.What does this status mean?.what is the procedure after that and how much time it will take to get approved again??

Answer 1

1. Login to itunesconnect.
2. Goto Contracts,Tax and Banking, there you can see "iOS Paid Applications" contract.
3. Add the necessary info there, then your app will be automatically approved.

Answer 2

From this Apple FAQ :

What happens if I do not renew my iOS Developer Program membership?

Once your membership expires, your apps will no longer be available on the App Store and you will lose the ability to submit new apps. You will lose access to pre-release software, the Apple Developer Forums, Developer Technical Support, and the Certificate Utility. In addition, your existing iOS Distribution certificates will be revoked and invalidated. Finally, if you enrolled in the program as a company, you will lose the ability to manage your development team.

You will, however, retain your status as a Registered Apple Developer and will have access to free development resources.

In order to conserve your app on the AppStore, you must renew your iOS Developer Program.

Hope it helps you..