Create a payment plan with a weekly, monthly or yearly recurrence.
Instalment payments provide the option for recurring payments on a weekly, monthly, or yearly basis. This is ideal for memberships, subscription-based programmes, or events that require ongoing fees to be paid. By spreading the cost, your potential participants are more likely to say yes without feeling overextended financially.
Learn moreEconomic considerations often make people hesitant to commit to large, upfront payments. By offering instalment payment plans, you can reduce the financial burden for your attendees by spreading payments over a number of weeks, months or years.
LetsReg provides you with a scheduled payments report, enabling you to locate paid, upcoming and failed payments. The system will send an email to notify your customers of each payment that is due, and if a payment fails, the system will automatically send an email to both you and your customer.
Read moreInstalment payment lets a participant spread the cost of a booking over several payments. For example, three monthly instalments instead of one upfront payment. UK course providers, dance studios and sports academies use LetsReg instalment payments to make courses more accessible. Instalment payment is available as an add-on for organisers who need it.
When you have instalment payment activated on your account, you choose to offer it as an option on a paid course, and participants select how many instalments they want to pay over. Each instalment is taken automatically on the scheduled date via Stripe with Apple Pay or Google Pay.
Instalment payments are available in LetsReg Extra or Enterprise. Please see more information here.
LetsReg gives you a scheduled payments report showing paid, upcoming and failed instalment payments in one place. The system automatically sends emails to customers when payments are due, and notifies both you and the customer if a payment fails, so you have full visibility without manual chasing.