Plan
The Plans section of the Inqud Crypto Project allows you to create and manage payment plans tailored to your business needs. Plans provide a structured framework for handling cryptocurrency payments, making it easy to manage subscriptions and on-demand payments.
There are two plan types.
Subscription Plan
Designed for recurring payments, subscription plans are ideal for services that require periodic billing, such as memberships, software as a service (SaaS), or any other regular payment schedules with fixed amount.
Subscription Plan parameters
| Parameter name | Descirption | Values (Examples) |
|---|---|---|
Name | Plan name | "Premium access" |
Period | An interval of time between payments | Hourly, Daily, Weekly, Monthly, Yearly |
Status | Plan status | Active, On_Hold, Canceled |
Amount | Plan amount (actual payment amount will be calculated based on user selected cryptocurrency) | 20 |
Currency | Plan currency (actual payment currency will be user selected cryptocurrency) | "USD" |
Grace period | Additional time provided to a customer after their subscription has expired to renew or make a payment without losing access to the service | 24 hours |
On-demand Plan
On-demand plans are perfect for one-time payments or flexible payment schedules that are triggered by specific user actions. This type of plan is suitable for businesses that charge per transaction or offer pay-as-you-go services.
On-demand Plan parameters
| Parameter name | Descirption | Values (Examples) |
|---|---|---|
Name | Plan name | "My Taxi" |
Status | Plan status | Active, On_Hold, Canceled |
Plan link
Once you have created a plan, you can share a link with the end user you want to subscribe. Each plan has a unique plan ID in the following format:
To create a link with this plan ID, use the following format:
For example, using the plan ID PLAN-195cd70d-4d82-41d6-90aa-897c28126ddf, the link would be:
You can share this link with your end user to allow them to subscribe to the plan directly.
Plan link parameters
Plan link accepts following query parameters:
| Paramter name | Description | Values (Examples) |
|---|---|---|
orderId | Merchant supplied order ID | qwerty12345 |
Example:
Plan statuses
ACTIVE
Description: New subscriptions and authorizations can be made to the plan.
Implications:
Customers can sign up for the plan.
Payments will be processed as scheduled.
The plan is fully operational and available to users.
ON_HOLD
Description: New authorizations and subscriptions cannot be made to the plan, but all existing ones remain active.
Implications:
No new customers can subscribe to the plan.
Existing subscriptions will continue to function as normal.
Current subscribers will still have their payments processed and receive services.
CANCELLED
Description: New authorizations and subscriptions cannot be made to the plan, and all existing ones will be terminated after the current active subscription ends.
Implications:
No new subscriptions or authorizations are allowed.
Existing subscriptions will continue until the end of their current billing cycle.
After the current active subscription period ends, all subscriptions will be terminated, and no further payments will be processed.
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