This guide provides a step-by-step process to help you get familiar with simple payment plans. By following these instructions, you will be able to create a payment plan, set rates, and activate fees. If you want to understand how to efficiently manage your payment plan values, this guide is for you.
1. Click "Payment Plans" from the right sidebar on your management dashboard
2. Click "CREATE PLAN" to create a new payment plan
3. Click "Simple Plan"
4. Description: choose your preferred name for your payment plan
Wallet: choose the wallet on your dashboard to collect the revenue generated based on this plan there
5. Click "NEXT"
6. The applicable values for the Simple Plan:
Activation Fee (per session): The fixed rate that the user needs to pay every time they start a session
Duration Rate (per hour): The rate that the user needs to pay per hour based on how long their session lasts (i.g. if the rate for this value is $0.50/h and the session lasted 4 hrs, the user will be charged $2)
Consumption Rate (per kWh): The rate that the user needs to pay per kWh based on how much electricity they used during each session
Important Note: If you set all the above three values to $0, you will create a free plan meaning that the users will not be charged for their sessions.
7. Click "NEXT"
8. Check this box "I have made sure it is legal to charge and re-sell electricity in my jurisdiction" to continue as different states proceed with different regulations regarding charging/re-selling electricity and you would need to acknowledge that your payment plan aligns with those regulations.
9. Click "CONFIRM" to create your payment plan
Create A Payment Plan
Edit A Payment Plan