Recurring Payments For Small Business
If you need a quick way to create subscription plans for your products or services , we'll walk you through how to set them up on your website. Offering s ubscriptions can be a great way to create a stable, predictable revenue stream.
By following the steps below, you can set up , manage, and accept payments for subscription plans . We'll take care of automating the billing and communication to your customers.
Set ting up subscription plans on your website.
If you haven't already, start by opening a PayPal Business account . Then, follow the steps below to set up subscription plans and accept PayPal, credit and debit card payments on your website.
Here's what you'll need:
- Your PayPal Business account username and password
- Access to your website's HTML code
Step-by-step instructions (total time: ~1 5 minutes per plan )
3. Provide details for the product or service you're including in the subscription.
a. Provide a product name, description, and your product ID .
b. Select the product type: physical goods, digital goods, or service .
c. Choose an industry category that best fits your business .
d. Copy and paste the product page URL .
e. Copy and paste the product image URL .
f. Click Next .
g. If you'd like to create additional product or service subscriptions, repeat the steps above.
4. Choose the kind of plan that you offer : fixed pricing or quantity pricing . Once you've made your selection, click Next .
a. Fixed pricing charges your customer the same price each billing cycle based on the plan they choose .
5. Create a plan name and description.
a. Provide a plan name that will be visible to your customer s.
b. Provide a plan description that will only be visible to you .
6. Set up pricing for your subscription plan .
c. (Optional) Choose whether you will charge a one-time s et-up fee .
d. Select how you want to calculate tax for the plan .
7. Set up the billing cycle for your subscription plan.
a. Choose how long you want each billing cycle to last: day, week, month, year . We'll collect payment at the beginning of each billing cycle.
b. Designate the length of the plan. You can limit the plan to a specific number of billing cycles or as long as plan is offered .
c. ( Optional ) You can choose whether you want to offer a trial period .
d. Designate the number of missed billing cycle before PayPal stops collecting payment .
8. Confirm your subscription plan details.
a. Review your subscription plan details, and then click Save Plan . If you need to make changes, click the Previous button.
b. Confi rm you're ready to Turn on Plan .
Your customers who have an account with can manage their subscriptions with your business under Settings > Payments > Manage automatic payments.
Recurring Payments For Small Business
Source: https://www.paypal.com/us/brc/article/setting-up-recurring-payments-for-business
Posted by: mcculloughhimper.blogspot.com
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