billing cycles vs installments
yotkla
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Posted on
May-25-2021
12:44 PM
Subscription vs Recurring vs Installment
Hi, I offer a membership where my customer chooses the duration 3, 6 or 12 months. The longer their membership the less the monthly fee.
As an example...
If they choose to join for 3 months, the cost is of the membership is $3000. They will pay $1000 per month.
If they choose to join for 1 year the cost of the membership is $9000. They will pay $750 per month. ($750x12 = $9000)
To get the discount, they are committing for the full membership cost. They can't signup for the 1 year and then cancel after 3 months.
What is the best way to set this up in paypal? Subscription vs Recurring vs Installment? Something else?
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Recurring Payments
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