Membership/Product Installment Plan
R
Raisha
Would like the ability to offer installment payment plans to members over a set period, giving them the flexibility to make larger purchases without paying upfront. An Installment Payment is a partial payment consisting of the total amount due split into equal payments. Each time a payment is made toward the total amount, it is called an installment. Admins should be able to set the payment terms, like on MemberPlanet:
-Any amount: Users can choose any amount they wish to pay. This is usually done for donations.
-Any amount (multi-item): Users can choose a few different amounts that add up to their total payment.
-Fixed amount: All users will pay the same fixed amount. This displays as a required payment item to a user.
-Fixed amount (multi-item): Users can pick one fixed amount from a few different choices.
-Item quantity: Users will choose a quantity of an item. For example, they can choose the quantity of T-shirts (fixed price) to purchase.
-Item quantity (multi-item): Users can choose quantities of different items.
For example, my organization has local dues of $120. I'd like members to be able to pay the entire amount or make installment payments of at least $40 per month for no more than 4 months. The installment payment option is available when the payment option is active (typically in June) and remains available until January.
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