Products
Understand Product objects in PayNowPro and how to configure them with one-time purchase or subscription tier pricing models.
The Product object is the logical representation of a specific good or service you offer to your customers.
It acts as the core of your business's catalog within PayNowPro, storing fundamental details like its name and description.
While a Product defines what you are selling, its actual cost and billing frequency are managed through one or more associated Price objects.
Product Pricing Models
A single Product on PayNowPro can be configured with one of two distinct pricing models. It's important to decide which model fits your offering, as a Product cannot mix one-time and recurring prices.
One-Time Purchase Model
A Product can have exactly one non-recurring (one-time) price. This model is ideal for goods or services that are sold as a single, standalone purchase.
Example: A Product named "Company T-Shirt" could have a single Price of $25.00 JMD.
Subscription Tier Model
Alternatively, a Product can have one or more recurring prices, provided each price has a unique frequency. This model is designed for subscription-based services where you offer different billing cycles for the same tier of service.
Example: A Product named "Pro Membership" could have two Prices attached:
- One
Priceof $1,500 JMD with aMonthlyfrequency. - Another
Priceof $15,000 JMD with anAnnuallyfrequency.
Next Steps
The price is a critical, and separate, part of defining your product. Dive deeper into how prices work.