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Instalment Plan Payments Core Plan +
An instalment plan allows a total amount to be split into a fixed number of scheduled payments. Each instalment is charged automatically according to the agreed schedule until the balance is paid in full. Instalment plans have a clear end date and do not continue once all payments have been collected. Klubfunder allows club administrators to configure their own number of monthly instalments for any product.
Examples of Instalment Plan Payments
The following are examples of Klubfunder services where these types of payments are commonly used.
Membership
Membership instalment plans allow members to spread the cost of a fixed-term membership over a set number of payments. The membership runs for a defined period, and payments are collected automatically until the agreed total has been paid. Once all instalments are completed, no further payments are taken.
Events
Event instalment plans allow attendees to pay for an event over several scheduled payments instead of paying the full amount upfront. Payments are collected automatically according to the instalment schedule, and all payments must be completed before the event date or by the end of the agreed plan.
Training Fees
Training fee instalment plans allow the cost of courses, coaching, or training programmes to be split into fixed payments over an agreed period. The total fee is collected through scheduled instalments, and the plan ends automatically once the full amount has been paid.
