What is the billing cycle and payment cycle?

With a Timo Visa Credit card, the billing cycle is 30 days on average and the payment cycle is 25 days.
All expenses incurred within the 30-day billing cycle will need to be paid back with the 25 days after the statement date. To be more specific, Timo Visa Credit card’s billing cycle is from the 21st of the previous month to the 20th of the current month. The statement is issued on the 21st of the current month and the payment must be made within 25 days from the statement date.