Within the application you have the possibility to set up different types of payments for your courses, which will allow you to divide your course payments into different periods (monthly payments, bi-monthly, quarterly…), to grant discounts or exceptions on payments.
How and when to use different payment types?
For a practical application of the different payment types, here are some examples.
Language courses
I am an organizer of language courses that last the whole school year, i.e. from September to June of the following year. I want to allow clients to pay for the course monthly, semi-annually, or in one lump sum for the entire year, as it suits them according to their means. I want to provide an incentive discount for paying in advance for the entire course.
For such a course I will set up the following templates:
- Periodic payment in advance with no discount – monthly. It will be used for regular monthly payments for the course, which will go out to the client on the day of the month that you can choose
- Periodic payment in advance with a smaller discount – semi-annually. It will be used to pay for the course in two installments. If the client chooses this payment, he will have a discount of, for example, 5% on the course, which will be automatically calculated from the price of the course.
- One-time payment in advance with a larger discount. It will be used to pay for the course for its entire duration, i.e. the whole year. If the client chooses this payment, he will have a discount of, for example, 10% on the course, which will be automatically calculated from the price of the course.
Exercise for children
I am an organizer of exercises for children, which have a duration of one semester. I want to allow parents to pay for the course in 3 instalments or in one lump sum for the whole duration of the course, as it suits whom. I want to provide an incentive discount for paying in advance for the entire course. I also want them to have the option of a discount if they have and register more children.
For such a course I will set up the following templates:
- One-time payment with discount. It will be used to pay for the entire duration of the course if the parent registers only one child. I will set a smaller incentive discount, for example 3%
- One-time payment Siblings with a discount of, for example, 20%. It will be used to pay for the entire duration of the course, in case a parent registers more than one child. The discount is automatically calculated from the price for 2x course price You need to set up the option to add a person at the course level – online registration.
- Periodic payment for a fixed number of instalments without discount. It will be used for payment divided into 3 equal parts, in case the parent registers only one child. Here I have no reason to give a discount.
- Periodic payment for a fixed number of instalments Siblings with a discount of, for example, 10%. It will be used for payment divided into 3 equal parts, in case a parent registers more than one of his/her children. The discount is automatically calculated from the price for 2x course price and divided into 3 parts. You need to set up the option to add a person at the course level – online registration.
There are many possible scenarios, so you are free to create and name your templates as you need. See how to create and set them up.
