Prepaid subscriptions allow your customers to pay upfront for multiple future deliveries, giving them the convenience of receiving products on a set schedule without having to make recurring payments each time.
Key features:
One Payment Covers Multiple Deliveries: The customer makes a single upfront payment that covers several future shipments, offering great convenience and value.
Ideal for Bundle Deals or Gifting Options: Prepaid subscriptions are perfect for offering bundled products or as a gift, allowing customers to receive a series of items over time.
Helps Improve Cash Flow: Since customers pay upfront, prepaid subscriptions can significantly improve your cash flow by providing immediate revenue.
How It Works
An order is created for each successful billing attempt according to the billing period. The generated order will include the future fulfillments.
Example
Delivery: Monthly
Billing: Every 5 months
In this scenario, a new order is created and it includes 5 fulfillments. The first fulfillment will occur immediately, the second one will be delivered after 1 month, the third after 2 months, and so on until all 5 fulfillments are completed.
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