Package payment periods¶
Target Audience: Users, Stakeholders
Introduction¶
This section describes how package payment periods work and how you set them up.
What is a payment period?¶
In short, a payment period describes the price in a specified time period. Packages implement three types of payment periods, recurring, limited and single payments.
Recurring payment period¶
Recurring payment periods charge the customer when the period ends. This continues until the subscription is cancelled.
For example, if the payment period has a length of three it will charge the customer the given amount for that payment period every three months.
Example¶
Given these parameters for a recurring payment period
- Length: 3
- Type: Month
- Price $10
The customer will be charged $10 every three months.
Access will be granted for three months at a time for as long as automatic charging continues.
Limited payment period¶
Limited payment periods charge the customer once and gives access for the length of the period.
For example, if the payment period has a length of 5 it will charge the customer 1 time the given amount for that payment period.
Example¶
Given these parameters for a limited payment payment period
- Length: 3
- Type: Month
- Price $10
The customer will be charged $10 once.
Access will be granted for 3 months.
Single payment period¶
Single payment periods charge the customer once and gives a product that does not expire. The product will be available indefinitely.
Example¶
Given these parameters for a single payment payment period
- Type: Month
- Price $10
The customer will be charged $10 once.
Access will be granted indefinitely.
Setting up payment periods¶
You can read more here on how to set up package payment periods.