Purchase types

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

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 the instalments. 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, then 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 a regular interval until the subscription is cancelled. You can select if a fee or a discount applies to the initial payment or all payments. You can select the amount of time between payments. You can adjust the payments and interval using the API.
Metered	You charge a metered variable amount at a regular or irregular interval for a usage-based scenario. You can accept scheduled and unscheduled payments.

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