payment plans starting with a uneven deposit payment

Hi team,
A number of clients are trying to encourage greater sales and customer retentuion by offering payment terms. In this case 2x clients want to accept a deposit/first payment, followed by a scheduled monthly payment plan thereafter (i.e. total cost of products £570.00 - customer wants to pay initial £170.00, followed by 4 equal monthly payments. Can this be done to create a flexible deposit and payment scheme that the system can calculate the first payment and then spilt the remaining sum over a fixed term.
thanks
Simon

1 Like

Hi,

This can be done using Stripe’s API and Wix Code.

Let’s assume that the total charge is 570 GBP.

First you will need to create a customer & save the card details using tokenization. Then charge a flat fee up front at the time of the payment using the ‘charge’ API. At the same time subscribe the customer to a monthly subscription plan of 100 GBP per month while offering a 1 month trial period using Stripe’s Subscription API.

So, you get your 170 GBP upfront at the time of the payment and the card will be charged 100 GBP each month after the first month. Set the subscription to expire at the 4th month.

Read more here: Recurring pricing models | Stripe Documentation

However, it will require some advanced coding and you being well versed with Stripe’s API & knowing how to access 3rd Party APIs using fetch or either the NPM.

Note that you will need to have the subscription plan already created in your Stripe Account.

Learning how to create charges & subscriptions using the API would be a good way to start:
How to charge users: Integrate Stripe with Wix Code - Part 1 - YouTube
How to subscribe users: Wix Code Stripe Recurring Payments (Subscriptions) Tutorial - Dude Lemon Mauritius - YouTube

Good luck!

Thanks Shan, much appreciated. I’ll read and watch your great link to see if it’s in my skillset, otherwise I might need a hand - if you’re available. Happy to discuss!

#WixPaidPlans #FeatureRequest #WixPaidPlansElements
Wix Editor has elements to display products/services on site pages from Bookings/Store. It will be very useful to have elements for Wix paid plans too, so a single or more plans can be displayed individually on any page (without any association to bookings). By adding this small feature, Wix platform can certainly drive attention of those who are seeking marketplace solutions. Thanks