How To Create Installment Plan In Intellia

Overview

This article explains how to set up installment plans in Intellia, allowing users to split payments into multiple parts with specific intervals. It outlines the use of the "Split Pay" function, guides the user through selecting the number of payments, and emphasizes that this feature only works with Stripe integration. It includes examples but could benefit from clearer formatting and step-by-step clarity.

Creating a One-Time Payment Product

A one-time payment product is a product or service for which the customer makes a single payment. Once the payment is processed, the customer has full access to the product or service without any future billing or charges.

Step 1 : From the Intellia Dashboard > Navigate to Payments

• On the left-hand sidebar, click on the ‘Payments’ section.

Step 2: Click on 'Products'

• From the Payments section, select ‘Products’ to manage your product offerings.

Step 3 : Add a Product :

• Click on the ‘+ Create Product’ button.

Step 4 : Fill in Product Details:

• Name: Enter the name of your product.
• Description: Provide a brief description of your product.
• Price: Enter the one-time payment price.
• Image: Upload an image of your product (optional but recommended).

Step 5 : Set the Payment Type :

• Choose ‘One-Time Payment’ from the payment type options.

Step 6 : Save the Product:

• Review the details and click ‘Save’ to add the product to your list.

 

Creating a Recurring Payment Product

A recurring payment product is a product or service that charges the customer on a regular basis (e.g., monthly, yearly). The system automatically processes the payment at the specified interval, allowing the customer continued access to the product or service.

Step 1 : From the Payments section, select ‘Products’ 

Step 2 : Add a Product :

• Click on the ‘+ Create Product’ button.

Step 3 : Fill in Product Details:

• Name: Enter the product name.
• Description: Provide a description of your product.
• Price: Enter the recurring payment price (e.g., $50 per month).
• Image: Upload a product image (optional).

Step 4 : Set the Payment Type:

• • Choose ‘Recurring Payment’ from the payment type options.

Step 5 : Define Recurring Payment Terms :

• Billing Frequency: Set the frequency for payments (e.g., monthly, yearly).
• Trial Period (Optional): If you offer a trial period, you can set the number of days.
• Set Up Fee (Optional): Add a setup fee if applicable.

Step 6 : Save the Product:

• Review all the details and click ‘Save’ to add the recurring payment product.