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Products and plans

Product

The product that a merchant sells. A merchant can sell many products. A product can be attached to a plan. Importantly, the product could be a physical good or a service. Of note, the same product could have different pricing depending on the plan to which it is attached.

Plan

A template of the key terms describing a subscription. A plan may have optional setup fees, an optional trial period and fees, and an optional recurring fees and frequency. A plan may also expire, or be valid only for a limited number of recurrences.

Importantly, there are 3 categories of plans:

  • trial-only in which the user could test for product a specified amount of time
  • one-time-order in which the user buys the goods or services
  • subscriptions that have a recurring period. In addition subscriptions could have a trial period