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installment payment


  1. dkhey
    Member

    Is it possible at all to split a payment into two at a specified period of time? Example - I want to charge a membership fee of $500, but make the first payment of $250 due immediately and the second due in 12 months. It seems that I cannot set a recurring payment to expire (I think that would be the work around).

    Any ideas?

    Posted 9 years ago #
  2. Saghalie
    Pro Member

    Do you use PayPal?

    You can set up recurring payments through paypal, set the initial payment to $250 and then 12 months later charge the other $250. I don't think MachForm does this, your payment gateway needs to do it I believe.

    Regards,

    Saghalie
    http://www.kcmhosting.com

    Posted 9 years ago #
  3. vdo-ph
    Member

    You can also do this with Stripe, by enabling the Recurring Payments under Payment settings on each form. There is a 1 year option, so you can charge 250 today, and it will automatically schedule another 250 in one year from today (or use other monthly, daily options, etc.).

    There is also a trial period setting if you wanted to delay the first payment as well, yet still enter the payment info in Strip (for a future billing date).

    Thanks,

    GG@VDO

    Posted 9 years ago #
  4. Saghalie
    Pro Member

    I just found a possibility - <Form Name> > Payment Settings and enable recurring - that could do it too.

    Regards,

    Saghalie
    http://www.kcmhosting.com

    Posted 9 years ago #

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