#RON WAFFLE
1 messages · Page 1 of 1 (latest)
Hi there!
Yes that's possible. Do you know in advance that you want the price to increase?
yes
Then you need to use Subscription Shcedules: https://stripe.com/docs/billing/subscriptions/subscription-schedules
You can see an example here: https://stripe.com/docs/billing/subscriptions/subscription-schedules/use-cases#upgrading-subscriptions
or is it just monthly i.e you do one price at this price and then it just stays at whatever the last phase is
What do you mean by "yearly" here? You want £10 per month for one year and then switch to £12?
lets say we have an annual subscription of £10 a year
can you increase it after the first year?
like how does iterations work for annual
you would just set iterations: 12 for a monthly subscription
and for yearly subscriptions how does that work?
Instead of using iterations you would use start_date and end_date
This was you can change the yearly subscription price after 3 month for example
but for example if I do one year at £10 then in a year I change it to £20 is this possible?
I just don't understand how that would work, would I rescubscribe with a different price?
Yes your yearly subscription would have 2 phrases:
- first phrase,
iteration: 1, at the £10 price - second phrase, at the £20 price
I recommend doing some tests in test mode to see how that works.
Ah so iteration on a yearly price is '1'
And you can use Test Clocks for this: https://stripe.com/docs/billing/testing/test-clocks
Yes iteration is basically one billing cycle. So for monthly it's one month, and yearly it's one year.
and what is the max iterations I could use?
like for example could I keep increasing year on year for 5 years?
There's no limit AFAIK
It's worth knowing that the schedule can just 'release' at the end of the scheduled phases and then the underlying subscription just continues the natural billing cycle of the item(s) until explicitly canceled
If the subscription is controlled by a schedule, you can't update it directly no
Only once released by the schedule you can update the subscription directly
Aren't all subscriptions controlled by schedules?
Nope
Sorry I don't understand, I'm reading this https://stripe.com/docs/billing/subscriptions/upgrade-downgrade
When I say 'schedule', I'm referring to a 'subscription schedule'. Which is what @vague hedge referenced earlier in answer to your 'increased after certain period' Q
Yes, every subscription follows an interval defined by the item(s) on the subscription. I guess that's how you've interpreted schedule
So when I dont use phases I can increase whenever I want?
I'm just concerned about legal requirements of increasing subscription prices
I'm not really following the question. Yes you can update a non-Schedule Subscription at any time
Let's keep it here