Selling & Payments
Installments (Pay Over Time)
Let buyers split a purchase into a down payment plus scheduled monthly payments.
An installment plan lets a buyer pay for something over time instead of all at once. They pay a down payment up front, then a set number of monthly payments. This makes higher-priced courses and programs easier to afford. (You may also hear this called "EMI" or "pay over time.")
What you can configure
| Setting | What it does |
|---|---|
| Number of months | How many monthly payments the buyer makes. |
| Down payment | The amount due up front — as a percentage or a fixed amount, with a minimum you set. |
| Processing fee | An optional one-time fee added to the plan. |
| Interest | Choose none, flat, per-installment, or reducing. |
| Late fee | An optional charge if a payment is missed. |
| Grace period | Extra days a buyer has after a due date before a late fee applies. |
Setting up a plan
- On the item's price, choose the Installment model — see Pricing.
- Set the number of months and the down payment.
- (Optional) Add a processing fee and choose an interest option.
- (Optional) Set a late fee and a grace period.
- Save.
How a buyer pays
- At checkout, the buyer pays the down payment.
- They get access according to the item's access rules.
- Each month, they make the next installment — online, or recorded by an admin if they pay another way (for example, cash).
What you see
In Admin → Installments you can see who is on a pay-over-time plan and how many payments remain for each buyer. You can record a payment manually when someone pays offline.
Good to know
- An installment plan applies to one purchase. The buyer is paying for a single item over time, not building up a cart.
- You can export installment plans to a spreadsheet from the billing area.
Related pages
- Pricing — the installment price model.
- Payment methods — including recording offline payments.
- Checkout — how the down payment is taken.