How To Create A Payment Plan

A payment plan is a template that defines the billing structure for customers, including payment frequency, amount, and duration. It allows businesses to automate scheduled payments, ensuring seamless and consistent billing.

When creating a payment plan, you can customize it with options such as initial fees and prorated billing to suit different business needs.

Before setting up a payment plan, you may want to refer to this guide:

📌 Should a Plan Be Created Before a Customer Profile? – Understand whether a payment plan should be created first or if a customer profile is required beforehand.

Steps to Create a Payment Plan:

1. In the left navigation pane, click 'Plans'.
   
2. Click the plus button (+) at the top of the page.
   
3. Follow the steps in the wizard to create your payment plan.
   

Notes:

• Initial Fee: A one-time fee added to the first payment.
• Prorate: This divides the first bill into a partial amount plus the full recurring amount. If an initial fee is included, the full fee will take precedence.

Once the payment plan is created, customers can be subscribed manually or self-subscribe via a shared sign-up link.