When to use subscription installments?

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bitheerani42135
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Joined: Tue Dec 03, 2024 2:59 am

When to use subscription installments?

Post by bitheerani42135 »

The customer authorizes the service or product provider to charge periodically using the method chosen from the payment options. This does not necessarily imply the continuous use of a product or service, as this method can even be used for periodic donations.

In this case, the charge is made on specific dates and does not occupy the credit card limit with a full amount.

Installment plans can be used for a variety of purposes, benefiting malta mobile database business and your customers. Learn about some of the most interesting opportunities to implement this strategy.

Increase the Average Ticket
If you want to increase your company's average ticket, paying in installments may be ideal.

Customers are more likely to opt for more expensive plans when there is greater payment flexibility.

Increase conversion rate
You can expand your audience and acquire more customers, bringing payment convenience and making your subscriptions more affordable with installment payments.
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