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Variable subscription

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What is a Fixed Subscription?

Variable subscriptions are those whose price varies throughout the billing period based on factors such as consumption, number of clicks, number of users.

  • Example: Electric companies that bill based on electricity consumption.

Plan Type

Select the Subscription option to generate a recurring payment.

Name

This is the name that will be displayed to customers at the time of payment. It's important to choose a clear and descriptive name that helps customers easily identify the plan.

Plan Description

This section refers to a brief explanation or summary of the plan you are offering. Provide details about what the plan includes, its characteristics, benefits, and any relevant information that helps customers understand what they are getting by subscribing to the plan.

Price Mode

After completing the name and description of the plan, we select the "price per unit used" price mode. Then, we fill in the following variables:

  • Price: The price per unit, i.e., for each unit of consumption.

  • Consumption Configuration: In this section, establish how to charge in case no consumption is recorded. You can choose between two options:

    • Charge based on the last recorded value: The same amount charged during the previous billing period will be charged.

    • No charge will be made: In this case, a charge of €0 will appear in the billing section to indicate that the subscription is still active and functioning.

Periodicity:

Periodicity refers to the frequency at which the payment will recur. It determines how often the customer will be charged for the service. Select one of the following options: Daily, Weekly, Monthly, Quarterly, Semi-annually, Annually.

  • Billing Day: If selecting monthly periodicity, the system will give you the option to select the day of the month on which you want to charge.

    • Enrollment Day: The charge will be made every month on the same day the customer enrolled. For example, if the customer enrolls on January 12th, the full amount will be charged on that day. Subsequently, the monthly fee will be charged every 12th of the month.

    • Other Day: You can select the preferred day of the month to make the charge to the accounts of subscribed customers. If you choose the 5th of each month, the monthly charges will always be made on the 5th. If the customer subscribes on a different day, for example, the 20th, the system will charge the proportional part from the 20th to the 5th of the following month. Subsequently, charges will always be made on the 5th.

Expiration

Here you can configure whether you want charges to occur indefinitely or if you prefer the subscription to have an end date.

  • No expiration:: A recurring charge that is debited from the customer's account periodically while enjoying the service.

    For example, payment for a cloud storage subscription that costs €0.10 per gigabyte of storage used each month. Once the payment stops, the customer will lose access to their stored files and data.

  • With expiration: Recurring charge over a defined period based on billing cycles, where each cycle corresponds to a set timeframe determined by the chosen billing frequency

    For example, the installment payment for a master's degree program costing €7000. In this case, it would be a subscription of €700 with monthly frequency and 10 billing cycles.

Be careful with the frequency and the number of cycles. In the case of setting 10 cycles with a daily frequency, the amount would be charged for 10 consecutive days.

Updated 8 months ago