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When you share a subscription as an owner, you receive payments from your co-subscribers in your wallet.

Payments for the current month are validated 30 days after they are received to ensure that the co-subscribers have had access to the service for the full month.

To recap:
Validated funds is the amount of your wallet available for use.
Next is the total of payments waiting for validation.

Your wallet can be used to pay for other subscriptions, for example.
You can also read the article How do I pay a subscription with my wallet?
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