Payment Plan

[Dominyka]

Would love an option to have a payment plan for products.

So just like now we have a subscription, just let the automatic billing stop after a set amount of billings.

[Jordan Miller]

22 hours ago, Dominyka said:

Would love an option to have a payment plan for products.

So just like now we have a subscription, just let the automatic billing stop after a set amount of billings.

Hey @Dominyka.

For example, if something is $100, you want to give members the option to make 5 installments of $20 over X amount of time?

[Chris Anderson]

24 minutes ago, Jordan Invision said:

For example, if something is $100, you want to give members the option to make 5 installments of $20 over X amount of time?

I like this idea but there would need to be some way to end subscription (and revoke elevated access) if a member fails to complete one of the payments. A configurable grace period and set of warnings should also be included to gently prompt a member to complete their payment plan.  

There should also be a way to track these kinds of subscriptions in the ACP so the admins know which members are on subscription plans, and their status (such as: Payment 2 of 5, Days Late).  This would allow the admins to know how much money should be coming in and which members are behind on their payment plans.  "If" a member fails to complete a payment plan there should be a way to mark their account as such. 

 

Edited April 1, 2021 by Chris Anderson

[Dominyka]

On 4/1/2021 at 6:44 PM, Jordan Invision said:

Hey @Dominyka.

For example, if something is $100, you want to give members the option to make 5 installments of $20 over X amount of time?

Yes. Let's say $20 every 2 weeks, or every month until $100 is reached.