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: 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 . 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.
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.
b. Quantity pricing charges your customer the same pricing each billing cycle based on the quantity they choose .
Recurring Payments For Small Business
Source: https://www.paypal.com/us/brc/article/setting-up-recurring-payments-for-business
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