Navigate to Pricing Rule section Rules and select type Subscription.
With subscription, configure what you plan to charge for it in currency or points. If currency amount is specified, you need to select the Currency.
You can configure one or more pricing rules with different currencies, allow your customers to choose which currency they want to pay in.
The Bill Every field determines the period or interval for which a single cycle of the Pricing Rule is valid. This field is also referred to as billing period or billing interval. Typically, when signing up, the customer pays for the first billing cycle and then again when the subscription to the plan renews at the end of the billing period.
Billing period can be any of Hour, Day, Week, Month, Year
The number of billing cycles determines the default number of times the subscription is renewed automatically. The number set should be inclusive of the first billing cycle. For example, if you want to bill for 12 month, enter 12 month here.
If you leave Billing Cycles empty, this subscription will be renewed till it is canceled.
Using the Free Trial field you can set the number of periods a subscription can be in trial mode. Enter the number of trial periods and select a period choice. Trial period can be any of Hour, Day, Week, Month, Year. Learn more about Trial Management.
Setup Fee Amount
Using Setup Fee Amount you can add a one-time setup fee that is charged only with the first invoice of a subscription.
Example: $10 fee to setup recurring billing account.
The currency amount of the rule in given Currency.
Choose the currency that the rule will be billed in. If you do not see the desired currency listed, you may need to add the new currency.
Note: You can only have one currency defined for each pricing rule. If you wish to support multiple currencies for a product, you must create separate pricing rule for each currency.
The amount in points for the rule. You may choose not use currency, but point system. For example, Omnibasis is using points for our billing.
Default quantity is 1. You can use this field to create tier pricing structure.
For example, for a quantity of 10, the price is $10 each, when purchase 20, the price is $9.