Micro-Subscription is a unique feature in PayPlans. With this feature, it allows you to create membership plans that can be set to expire in hours or minutes, rather than traditionally days and months.
This can increase your revenue by utilizing this micro-subscription. Following are the possible scenario using micro-subscription
If you're an investment banker and like to sell investment tips hourly.
If you've recorded a few great video tutorials and wanted to sell access for 12 hours.
These can be done with PayPlans.
Check out this setting at PayPlans > Settings > General. Under the General tab, you'll see this option Enable Micro-Subscription.
When to Use Micro-Subscription?
Consider using micro-subscription when you wish to sell contents that have a shorter life span or a high information quotient for a fixed time.
What Should You Take Care of While Using Micro-Subscription?
Please use a payment gateway that supports real-time updates (sent payment notifications immediately without delays). Avoid those payment gateways that deduct payment at a specific time such as 2.00 AM.
Membership expiration needs to be handled by cronjobs. We're recommending you set the Automated Cron Frequency to High in PayPlans > Settings > System
Products and services that are sold by micro-subscription should have online access. This instant access to your products or services will increase customer satisfaction and trust.