1. Savings Plan Types

– Fixed Installment: The number of installments, installment amount, and due date will be predefined. Customers have to make the installment amount on or before each installment due date.
– Fixed Duration: Full amount has to be paid within the fixed due date. There is no fixed number of installments or fixed amount for each installment. Customers can save amounts as per their wish.
– Indefinite Duration: There is no fixed installment/amount/due date. Customers can make payments as per their wish. If the customer saves the full amount, they will get the product.

2. Automatic charging support using Stripe – Credit Card payment method for Fixed Installment plan type

3. Reminder emails to notify the customers to make payments before the due dates.

4. Savings plan feature can be shown only for specific users.

5. Price for Savings Plan can be calculated from the Regular/Sale price of the product.