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Billing Cycle

Billing Interval​

The inverval for recurring payments can be set in the units of:

  • Days : D
  • Weeks : W
  • Months : M
  • Years : Y

For each recurring payment a mandate would be created which the user needs to pay before it expires. The mandate for the 1st payment i.e. right after creation of subscription, will be created instantly.
All the mandates for the following payments will be generated 1-day before the curent plan expiry, allowing the users 1 day to make the payment.
If a mandate expires, then the subscription is halted resulting in discontinuation of the subscription.

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For each mandate a mail will be sent to the user's email mentioned while creating the subscription containing the link to make the payment.

Billing Count​

The plan can be setup to either have a fixed amount of payment cycles or a perpetual billing cycle. If the Cycle Count is left empty while creating the subscription plan, then the billing will go on until its terminated. Else the user will be billed till the total cycles are completed, then the subscription will be marked as completed & terminated.