Offer Variables
About Offer Variables
Checkout/Additional Fee An optional extra charge that can be added to any payment plan as a separate line item. May be a percentage of the total amount or a fixed value.
Down Payment
The amount required to initiate a payment plan and complete a sale. Like the fee, the down payment may be a percentage of the total amount or a fixed value.
Payment Frequency
How often payments are processed. May be in units of days, weeks, or months. Specific dates can also be set by selecting the days of the month option.
Term
Also known as the payback period — the total time until all payments are made and the payment plan is complete. May be in units of days, weeks, or months. A specific number of payments or a final payment date may also be used.
First Payment Date
The date of the first payment processed after the down payment. You can allow customers to choose their first payment date by entering the maximum number of days in the future they can select.
Customer Flexibility
You can allow customers to choose their own down payment, payment frequency, term length, and/or first payment date from a range set by you.