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PayPal Billing Plan meaning of frequency, frequency_interval and cycles

It's not clear enough how these three parameters work for billing plan:

  1. frequency
  2. frequency_interval
  3. cycles

I assume that it works in following way:

(A) frequency=MONTH + frequency_interval=2 + cycles=3 + amount={10 USD} -> subscriber will be charged 3 times every second month for 10 USD each time (3x10usd payments within 6 months)

(B) frequency=YEAR + frequency_interval=1 + cycles=1 + amount={100 USD} -> subscriber will be charged 1 time for 100 USD in the moment of subscription creation (100usd payment for 1 year)

Am I correct?

like image 353
Alex Fruzenshtein Avatar asked Apr 20 '17 12:04

Alex Fruzenshtein


1 Answers

Your're correct,

For A) if your customers signup on JAN means, according to your value set, first payment will done on JAN, second on MAR, third on JUN for 10 USD per month

For B) If your customer signup on JAN, first payment will done on JAN and for the whole year it will be 100 USD.

like image 195
Ansi Vict Avatar answered Sep 30 '22 10:09

Ansi Vict