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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.