Pay by installments

  • Mike Wheeler
  • Topic Author
  • Offline
  • New Member
  • New Member
More
5 years 7 months ago #117598 by Mike Wheeler
Pay by installments was created by Mike Wheeler
Hello,

Is it possible to setup an annual subscription that can be paid for in 2 monthly installments in months 1 and 2 of the subscription?

Thanks

Please Log in or Create an account to join the conversation.

More
5 years 7 months ago #117612 by Tuan Pham Ngoc
Replied by Tuan Pham Ngoc on topic Pay by installments
Hi Mike

Your question is not very clear to me. So you want subscribers to pay for you in one year for each 2 months? If so, it's possible with the following setup of the plan;

- Subscription Length: 2 Month
- Price: The price users have to pay for each 2 month, for example, 100
- Recurring subscription: Yes
- Number payments: 6

By doing that, users will have to make total 6 payments, each payment in 2 months (so 1 year in total). Is that what you need?

Tuan

Please Log in or Create an account to join the conversation.

  • Mike Wheeler
  • Topic Author
  • Offline
  • New Member
  • New Member
More
5 years 7 months ago #117664 by Mike Wheeler
Replied by Mike Wheeler on topic Pay by installments
Hi Thanks for the reply...

Just to be sure I have explained myself properly here's an example of what we want to achieve.

Full subscription price £120 for a 1 year subscription.

On sign up we take £60 and then another £60 in month 2 to complete the full 1 year £120 subscription price.

Thanks

Please Log in or Create an account to join the conversation.

More
5 years 7 months ago #117666 by Tuan Pham Ngoc
Replied by Tuan Pham Ngoc on topic Pay by installments
Hi Mike

If so, unfortunately, the system does not have a way to handle this requirement

Tuan

Please Log in or Create an account to join the conversation.

More
5 years 7 months ago #117690 by Vincenzo
Replied by Vincenzo on topic Pay by installments
Hi Tuan, Hi Mike...

Maybe I'm wrong but I think it could be done in this way:

- Set a plan with a duration of 10 months, with price 60;
- Set a trial period with a duration of 2 months, with price 60 for the whole trial period.

Please Log in or Create an account to join the conversation.

More
5 years 7 months ago #117691 by Tuan Pham Ngoc
Replied by Tuan Pham Ngoc on topic Pay by installments
Hi Vincenzo

The problem is that there will be multiple payments. After trial duration finished, payment will be processed every 10 months and that's not what Mike wants

Tuan

Please Log in or Create an account to join the conversation.

  • Mike Wheeler
  • Topic Author
  • Offline
  • New Member
  • New Member
More
5 years 7 months ago #117697 by Mike Wheeler
Replied by Mike Wheeler on topic Pay by installments
Thanks for the replies...

I realise this is kind of a 'one off' as most subscriptions are just regular payments to match a subscription period. We will supply a coupon for membership and invoice manually for the few of people we want to use this for, though it would have been nice to offer flexible payment for higher priced subscriptions.

Thanks again

Mike

Please Log in or Create an account to join the conversation.

More
5 years 7 months ago #117711 by Tuan Pham Ngoc
Replied by Tuan Pham Ngoc on topic Pay by installments
Hi Mike

Unfortunately, there is no way to handle it using recurring payment. You might want to handle it using one time payment:

1. Create a subscription plan, price 60$, subscription length 2 months

2. Create a renew option, price 60$, subscription length, 10 months

Users can sign up, then renew their subscription manually. However, the problem is that they can still renew their subscription if they want after the first renewal. So this can only be used as a workaround only

Regards,

Tuan
The following user(s) said Thank You: Mike Wheeler

Please Log in or Create an account to join the conversation.