A payment plan gives the customer the option to pay in installments. When you set the number of installments, the dates and dollar amounts will automatically populate. The installment dates are editable but the dollar amounts are not.
You can also add a surcharge to your payment plan options. The surcharge is split evenly across installments. This may encourage your customers to pay in full instead.
You can create up to five payments plans per scheduled activity.
Once your client purchases a payment plan, they will receive an email every time they are charged for an installment. If a credit card is declined, you and your customer will be notified via email. The payment will be automatically retried every day until it works.
Payment plan orders can be found in the Financials section under Recurring Payments. Click on a payment plan order to manage it.