Installments / Payment plans for events and memberships
Could Wild Apricot users offer their members an introductory trial rate for, say 30 or 7 days, followed by, say quarterly or six-monthly payments to spread the cost over the year?
That is very helpful during a recession, when many WA website users will find revenue dropping as their members cut back. To be able to spread payments looks very attractive to new prospective members: four quarterly payments of $10 is much easier on the budget than one payment of $40.
The introductory trial could be free, or at a pro-rata cost for 30 or 7 days. During the trial the member can cancel and either pay nothing (free trial) or pay just the pro-rata cost (low-cost trial). If he doesn't cancel, the next payment kicks in and is renewed automatically for each period chosen.
So a typical membership trial would look like one of these:
Free 7-day trial. Then $10 quarterly until cancelled.
$3.00 low-cost trial for 30 days. Then $20 every six months until cancelled.
Interesting, this has never come up before.
Can you elaborate how exactly are you usually using recurring payments for events? How many payments/amounts etc.
I have a requirement for this too. Recently added an event with part payments and have quickly discovered that managing this through manual invoicing is not as easy as I'd hoped.
Surely it would take much given that you can set up subscription profiles in PayPal to be for a number of payments, not just a period...
Eytan Behiri commented
Haven't start using the system and we already know installments will be needed. We need to be able to define partial invoices based on number of installments and then allow paypal payment or other tenders to be updated manually
It does force to pay full amount
No, we're not working on it yet. See our Roadmap - http://help.wildapricot.com/display/DOC/Product+roadmap
Kathy Harman commented
We're also in great need for the ability to take multiple payments for an event. Now that Release 5 is out, are you working on this?
And, meanwhile, if an event costs $1,000, can someone pay $500 when they first register? Or does it force them to pay the full amount at registration?
Scott, mind sharing what you do to work around WA not accepting more than 1 payment for an event? Might we have this documented for those of us who are setting up events that need multiple payments?
FWIW, we're another organization that will need this functionality.
We have an annual conference every year. We also have an educational program. Some of our attendees are not the wealthiest in the world, and so we offer them a payment plan to pay for their conference ticket on a 10 month plan, or their educational program on a 10 or 12 month plan.
This becomes not just a convenience for our members, BUT, it also serves to increase attendance at these events, because people who are terrible savers, can make it due to the payment plan.
Right now, our Finance Director is putting through manual invoices every month. It takes her hours, because there are quite a few (to say the least). Being able to offer a registration type in events that is a monthly payment plan would be such a huge time saver for us. I can begin to tell you what a difference it would make.
We hear you, but we've been putting all our efforts into version 5 (to be release soon). Now, we're slowly getting into other requests and the key focus for us is to close as many long outstanding posts as we can. This one is among them, but we haven't had any progress on analysis yet.
This feature has been discussed and desired by your member for 4+ years. How do issues get bubbled up to the top? My club sells 5+ trips a year for anywhere from $1000 to $5000. All of them require payments. Setting up WA to support payments is a COMPLETE pain. It's possible with multiple reg types and forms but.... it's a real nightmare.
Sorry to say that, but no. But we have not forgotten about this, just had no resources to get to this yet.
Has there been any further development on this? I really need to set up an installment plan option for our members, and I want it to track/record the payments in the WA system, just like a regular payment. I see posts back to 2009. Any news to report 5 years later? <crossing fingers>
Hey everyone, you may not be aware but PayPal HAS two new payment plan features, installment payment plans and automatic payment plans (different than recurring payments). All WA needs to do is allow us to create memberships using these two new payment options. I can't imagine it would be too hard to create these but it would make a HUGE difference to us to be able to offer these as recurring payments has never worked in the way we want it to as it's a subscription rather than automatic payments (see the descriptions below from PayPal). WA currently offers use of the "Subscription" payments. These are available even with PayPal Payments Standard edition.
Automatic Billing https://www.paypal.com/us/cgi-bin/?cmd=_button-designer&factory_type=auto_billing&fli=true - Sign customers up for a billing agreement that allows you to charge them a variable amount - up to a mutually agreed upon maximum - each billing cycle. For example, utility bills.
Installment Plan https://www.paypal.com/us/cgi-bin/?cmd=_button-designer&factory_type=payment_plan&fli=true - Let customers pay for items using flexible multiple payments.
Subscription https://www.paypal.com/us/cgi-bin/?cmd=_xclick-sub-factory&fli=true - Offer subscriptions or other recurring payments for items like magazine subscriptions or club memberships.
I'm curious on how people are handling multiple payment for an event. I've seen posts dated since 2009 requesting this feature, but it does not seem to have been implemented. Hopefully someone has come up with a work-around. Just an initial deposit and final payment for an event, I think, would work for most people. Thanks.
I have a need for this very same functionality. Our intended payment schedule would look something like this, so that the members' payments could be spread over 4 months:
March 1st: 40%
April 1st: 20%
May 1st: 20%
June 1st: 20%
This functionality has been discussed for what appears to be 3 years or so, is it on the horizon?
Are there any updates on deposit payments for events? We need this functionality and haven't figured out yet how we can do this.
This has not been scheduled - so I would guess at least 12 months.
I agree with many others on this thread - the ability to offer & manage installment payments for events would be extremely helpful. The option for installments for membership fees wouldn't be that valuable for my organization as our membership fees are only $50 annually, but I'm currently planning a training event that will be $1300. Since I'll probably have less than 15 registrants, I can manage those manually without too much hardship, but the automagic option would be awesome.
Meagan - there is no such option for the moment. Before we consider that, we need to put some foundation in place - specifically, the ability to view/pay for invoices- which is in our design pipeline right now.
>> For me, this sounds very reasonable and necessary. So all I am saying is that I want other clients to weigh in and help us to analyze this further and prioritize against other items in our queue.
Is there any movement on creating installment payment options through WA? Is this an option yet and I just missed it?
Graham Jones commented
Thanks for the update.
If you can add it in some way it would be a useful addition - and a competitive feature...none of the other event management/member management software has this feature. You would stand out from the crowd if you had it.
But I appreciate the variety of ways people would want it implemented, so I am sure it isn't easy to resolve...!