The recurring billing system adds the facility to sell products such as subscriptions, loans, rentals or other types that require that you bill the customer on a periodic basis such as per week, month or year. This is a separate VP-ASP product and needs to be purchased separately.
The billing can be set-up automatically when a customer purchases a product from the shop. The billing can also be manually configured without any purchase from your shop.
The facilities of the recurring billing system includes:
1. Automatic creation of recurring billing on purchase of a product.
2. Manual set-up of a recurring billing for a customer.
3. Ability to pay for the bill using any payment method the shop currently uses
4. Ability to set-up any number of billing installments
5. Repayments can be set as weekly, monthly, yearly or any number of days. The interval can be set to any number; for example, bill every week or every 15 days.
6. Customer receives the bill via e-mail. You can change the format of the mail message.
7. Customer pays for bill by using your VP-ASP Shopping Cart.
8. Reports available to show you how many bills have been sent out or will be sent out over any period of time