PayPal Express Checkout - 2012 Guía de usuario descargar pdf (Pagina 44)

Handling Recurring Payments

Recurring Payments Terms

44 April 2012 Express Checkout Advanced Features Guide

Recurring Payments with Express Checkout also has the following limitations:

 To be able to create a recurring payments profile for the buyer, you must ensure that the

buyer’s PayPal account includes an active credit card.

 You can create a maximum of 10 recurring payments profiles during checkout.

 You can increase the profile amount by only 20% in each 180-day interval after you create

the profile.

Recurring Payments Terms

The following table lists and describes terms that are commonly used in the context of PayPal

recurring payments.

Recurring Payments Terms

Term Definition

Recurring payments profile Your record of a recurring transaction for a single buyer. The profile

includes all information required to automatically bill the buyer a fixed

amount of money at a fixed interval.

Billing cycle Make one payment per billing cycle. Each billing cycle has 2 components:

 The billing period specifies the unit to calculate the billing cycle (such as

days or months).

 The billing frequency specifies the number of billing periods that make

up the billing cycle.

For example, if the billing period is Month and the billing frequency is 2, the

billing cycle is 2 months. If the billing period is Week and the billing

frequency is 6, PayPal schedules the payments every 6 weeks.

Regular payment period The main subscription period for this profile, which defines a payment

amount for each billing cycle. The regular payment period begins after the

trial period, if you specify a trial period for the profile.

Trial period An optional subscription period before the regular payment period begins. A

trial period may not have the same billing cycles and payment amounts as

the regular payment period.

Payment amount The amount the buyer pays for each billing cycle.

Outstanding balance If a payment fails for any reason, PayPal adds that amount to the profile’s

outstanding balance.

Profile ID An alphanumeric string (generated by PayPal) that uniquely identifies a

recurring profile. You can specify the Profile ID in the

TransactionSearch API operation to obtain all payments associated

with the identified profile.

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PayPal Express Checkout - 2012 Guía de usuario Pagina 44