Topic:
I'd like to split up my membership fees into payments. How do I do that?
Solution:
If your membership has relatively high fees (thousands of dollars per period), you may want to let your members pay in installments throughout the period instead of having to make one big payment at the start of the period. If so, the Payments Frequency feature is for you.
The Payments Frequency feature for memberships divides the recurring membership fees into installments for payment throughout the renewal period. For example, an annual membership may cost $2000, but if monthly payments are enabled the member only has to pay $166.66 when he registers, and then $166.66/month throughout the year.
This functionality works best if the member pays with a credit card (and you are doing online credit card processing), because then RegOnline will automatically charge the member's credit card each month. This feature does work with checks and other off-line payment methods, but online credit cards bring out the best in the feature.
To set up Payment Frequency for all members:
- Edit your Membership and click on the Membership Form Pages tab.
- Click on the Checkout page.
- Scroll down to the bottom of the page and click on the Advanced Payment Options section.
- In the Payment Frequency drop-down list, select a frequency that is more frequent than your Renewal Frequency.
- For example, if your Renewal Frequency is Annually, you can chose Monthly, Quarterly or Semi-Annually. But if your Renewal Frequency is Semi-Annually, you can only chose Monthly or Quarterly.
- Save your changes.
NOTE: If you don't want multiple payments, make sure the Renewal Frequency and the Payment Frequency are the same.
Additional Information:
If you are using the Payment Frequency feature in your Membership, then recurring membership fees will be split into payments. Non-recurring (One-Time) membership fees will not be broken down into multiple payments - they will be charged completely at the time of registration or renewal.
Related Links:
Keywords: membership, payments, plan, payment, frequency
Still need help?Submit your question to the RegOnline Tech Support team.