Card payment via Stripe with subscriptions

Receiving recurring income is the dream of every company or business. If every customer buys your products again and again, you will have a stable business, even without getting new customers.

Recurring revenues are those that a company or person receives periodically, thus providing stability and efficiency that you should not waste.

This sales model can be applied to both physical products and services.

Renting an apartment, the electricity supply or the same payment for the Internet service does not stop being recurring income for its beneficiaries.

Despite existing for a long time, the revenue model with recurring payments is booming and more and more companies decide to implement it.

You cannot miss the opportunity to sell your products under subscription and thus increase your sales. Consider it, and if possible use this module to create your products with recurring payment. You will not regret.

You will realize that this module is very easy to use.

When adding and/or editing a product, in the "Options" section, you have the possibility to enable the product as a subscription.

In this way, you can indicate an additional name for the subscription (which will appear in the extract), the recurring price with taxes not included and the periodicity that can be: daily, weekly, monthly, every 3 months, every 6 months or personalized.

When the customer arrives at the product page, they can see the details of the price and its frequency.

Already in the payment gateway, this module enables an option that allows the customer to pay by card without leaving the shop.

In the order detail, the customer can see all the details of the subscription: product, subscription status, next payment, initial price, number of payments, recurring price and the accumulated amount. Also, from the client's account, he can access all his subscriptions.

In the Backoffice, the administrator can see the order and check the subscription information.

From the client's file, you can also see a list of all the client's subscriptions where you can check the status and the total that has been paid with the subscription model.

In the side menu of the Backoffice, in the "Orders" section, this module adds a new page "Subscriptions with Stripe" that will allow you to see and manage all the subscriptions generated.

From the module configuration you will be able to connect your store with Stripe either in test or production mode.

A very interesting option that you will be able to decide is whether you want to include shipping costs in recurring payments or only in the first payment.

This module has a script or cron that can be configured on your server to run automatically from time to time.

This script allows you to automatically create orders for the active subscriptions.

Depending on the type of subscription your store uses, you'll need to set the scheduled task to run every second, minute, hour, etc., in order to align the automatic payments in Stripe as much as possible with order creation in your shop.

This module uses Stripe and its API for subscription management integrated in your shop.

This change will make your business increase its profits considerably.