Purchase types

The following table defines the purchase types for products and orders in BillPro.

Purchase type

Description

Single payment

You charge the full purchase price in a single payment. You can add more than one single-payment product to a single-payment order.

If your merchant can accept payment in instalments, you can also split payments for an order with one or more single-payment products, and BillPro will create an instalment order.

Instalment

You charge the price in multiple billing events. You can enter the number of instalments and the interval for charging them. You can enter a deposit amount. BillPro calculates the balance amount by subtracting the deposit from the price. It calculates the instalment amount by dividing the balance by the interval.

If the pricing and payment configuration is not locked, you can deselect the option to split payments and create a single purchase order.

Subscription

You charge a recurring fixed amount (the product price) at regular intervals until the subscription is cancelled. You can select whether a fee or a discount applies to the initial payment or all payments and the amount of time between payments.

Metered

For a usage-based scenario, you charge a metered variable amount at a regular or irregular interval. You can accept scheduled and unscheduled payments.


For more details about purchase types and product configuration, see Create your product catalogue


Recommended reading

Create products and orders for the payment types