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A payment plan gives the customer the option to pay in pre-set installments. A provider can set the number of installments and the dates and dollar amounts will automatically populate. You have the ability to edit the dollar amount for the first payment, which will be charged at checkout and the rest will be prorated accordingly. The installment dates are also editable.
You can create multiple payments plans per activity that run for more than one day.
Purchased payment plans can be found in the financials section under ‘payment plans’. You can always go back into a payment plan order and cancel the plan or individual installments, as well as ‘receive’ a payment if a customer is looking to pay an installment before the scheduled date.
The surcharge field is a charge you can chose to add to payment plans that will be split evenly across payments.
If you include a payment plan surcharge, it might incentivize the customer to pay all upfront.