♻️Creating a recurring price for a product
Any product can have two types of prices:
One-time - Customer is billed once
Recurring - Customer is billed on a recurring basis (eg: Monthly)
You can add recurring prices to any existing product.
Each product can have both one-time and recurring prices at the same time.
Recurring products are only available for Datacenter and Accounts products only at the moment. Residential products are coming soon.
Only in each successive billing cycle, the customer will be delivered the originally delivered product on their first checkout. They will not be delivered a new list each time their subscription updates.
If you want to update their delivered product, you can do so by following the below guide: https://docs.torchlabs.xyz/data-center-and-accounts/edit-and-view-delivered-a-products
Before you add a recurring price, you also need to make sure you have the customer billing portal set up as well.
🏧Customer subscription portalTo add recurring prices, go to an existing product you have created within Stripe.
2. Click on Add Another Price.
3. Next, put your desired price and choose "Recurring" and click Add price.
4. Next, you need to add the metadata to specify the quantity you wish to deliver at the given price point.
For detailed instructions refer to each product setup page and metadata can be found below
📎Product metadata
5. You can now see that we have successfully created a recurring product since we have a price with /month next to it.
6. Finally, head over to the admin dashboard and sync your products following the usual process.
Last updated
Was this helpful?