#arvindkgs-prepayment
1 messages · Page 1 of 1 (latest)
You can set up something like this, sure
One option would be using subscription schedules to start with an annual subscription then switch to a monthly subscription after a full billing cycle (1yr):
https://stripe.com/docs/billing/subscriptions/subscription-schedules
Pre-payment of $1200 with $100/month product is just an example. There will be cases like Pre-payment of $999, in this case I cannot split it as annual subscription followed by monthly subscription
Rather does Stripe support customer adding a credit to his balance like $999 and then monthly subscription deducts from this till the balance is 0 then debits the customer from then
You can always attached an extra one-time payment option to a first invoice when creating subscriptions:
https://stripe.com/docs/api/subscriptions/create#create_subscription-add_invoice_items
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Okay, but will this be one-time payment option using invoice items set customers balance in surplus?
I am looking for an option where customer can add credit surplus to his balance like $999 and then monthly subscription deducts from this based on the invoice generated, till the customer balance is 0, then starts debiting the customer from then normally
If you want to do something like that you can collect payment from the customer and manage the customer balance:
https://stripe.com/docs/billing/customer/balance
@formal grotto when you say collect payment from customer, you say not via Stripe?
I would rather use Stripe
I do mean via Stripe, you'd create a payment intent etc and collect a payment for $999 say
Sure, you could do this with any payment you collect, you just need to manage it manually (in all cases)
You might want to reach out to support with a description of your use case carrying a customer balance like that, to make sure this is supportable.
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Thank you @formal grotto
NP!