15
Nov
GoalLine Support must set up recurring installments on behalf of our organizations. We require the following information to complete installment plans set up:
- Payment plan title (ie U13 Installment Plan)
- Initial Payment amount (can be any amount that you want)
- The months that the remaining payments will come out on
- must be the 1st of the month
- each month must be the same amount
- months must be consecutive (ie Sept, Oct, Nov)
- We require 3-5 business days to complete set up
- The total of all payments (excluding the initial payment) cannot exceed $2000. If the total needs to exceed $2000, you must contact Stack Pay to increase.
- Each recurring transaction is subject to processing fees.
- After each installment month passes, the amount will be added to the original initial payment amount. For example if the installment is set up as:
- Initial Installment: $100
- September Installment $100 (due date Sept 1)
- October Installment $100 (due date Oct 1)
- Total $300
- After September 1st it will become:
- Initial Installment: $200
- October Installment $100 (due date Oct 1)
- After October 1st it will become:
- Full Payment $300