Is my understanding of this payment scenario correct?

Discussion in 'Payments processing' started by cooliohiten, Jul 28, 2010.

  1. cooliohiten

    cooliohiten Member

    Joined:
    May 1, 2009
    Messages:
    124
    Dear All,

    We're going to be setting an initial price (call it introductory price) for our product at $199 for 12 months subscription. All payment will be taken in one go with no reoccurring.

    This price will last for a month.

    After this time we will increase it $240 for 12 months subscription.

    Now, would I be right in saying that those customers (and their subscriptions) who paid the initial price of $199 would not be affected when the price of the product goes up to $240, and they would be able to access the product for their 12 month subscription as normal?

    Or do I have to do something else? Like create another product? Or change some other settings some how?

    I would be grateful for your help.

    Best wishes,

    ch
  2. alexander

    alexander Administrator Staff Member

    Joined:
    Jan 8, 2003
    Messages:
    6,279
    Sure existing users will not be affected if you will increase price of not recurring product.
  3. cooliohiten

    cooliohiten Member

    Joined:
    May 1, 2009
    Messages:
    124
    Many thanks for clarifying this Alex!

    Best wishes,

    ch

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