Difference between revisions of "Exchange Add-Ons: Recurring Payments"

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The '''Recurring Payments''' add-on allows you to add a recurring option to your products.  You can set these to automatically renew or require the customer to purchase the product after the time has expired.
 
The '''Recurring Payments''' add-on allows you to add a recurring option to your products.  You can set these to automatically renew or require the customer to purchase the product after the time has expired.
  
There are three time parameters you can select for your product:  
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To enable Recurring Payments, you'll go into your Advanced settings of your product creation page and find Recurring Options. Check the Enable Recurring Payments box.
  
*'''Forever''': This means when the customer purchases the product, they will not need to repurchase the product.
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*'''Monthly''':  The product will need to be repurchased each month to have access (unless automatic renewing is activated)
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*'''Yearly''':  The product will need to be repurchased each year to have access (unless automatic renewing is activated)
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[[File:RecurringOptions.png|RecurringOptions.png|link=]]
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Once you have enabled the recurring options, you'll be able to set how often the product would recur.  
  
 
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[[File:TimeParameters.png|DigitalTimeParameters.png|link=]]
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[[File:RecursEvery.png|RecursEvery.png|link=]]
  
 
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If you select the '''monthly''' or '''yearly''' option, you'll see the recurring icon to the left of the time parameter.
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If you want the payment to be charged automatically when it's time to renew, check the Enable Auto-Renewing option.
  
 
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[[File:RecurringIcon.png|RecurringIcon.png|link=]]
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[[File:EnableAutoRenew.png|EnableAutoRenew.png|link=]]
  
 
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To activate the automatic recurring payments, simply click the iconOnce activated, the icon should show in green.
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With Auto-Renewing enabled, you can also offer a free trial of the productTo do so, check the Enable a Trial Period setting and then select how long you'd like for the trial period to be.
  
 
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[[File:RecurringIconOn.png|RecurringIconOn.png|link=]]
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[[File:FreeTrailFor.png|FreeTrailFor.png|link=]]
  
 
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Revision as of 16:19, 2 February 2015

The Recurring Payments add-on allows you to add a recurring option to your products. You can set these to automatically renew or require the customer to purchase the product after the time has expired.

To enable Recurring Payments, you'll go into your Advanced settings of your product creation page and find Recurring Options. Check the Enable Recurring Payments box.


RecurringOptions.png


Once you have enabled the recurring options, you'll be able to set how often the product would recur.


RecursEvery.png


If you want the payment to be charged automatically when it's time to renew, check the Enable Auto-Renewing option.


EnableAutoRenew.png


With Auto-Renewing enabled, you can also offer a free trial of the product. To do so, check the Enable a Trial Period setting and then select how long you'd like for the trial period to be.


FreeTrailFor.png


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