By default, Magento doesn’t offer you the option to configure or set payment subscriptions/recurring payments. This is one of Magento’s missing features that we get asked about the most, so we will dedicate this post on educating you how you can set up subscriptions & recurring payments in Magento. Recurring payments might be used for magazine subscriptions, a gym membership or any other product that requires automatic recurring payments.
The Magento subscriptions and recurring payments by Aheadworks extension will take care of this problem for you. The extension is widely used by hundreds of Magento stores who all need a recurring payments feature, and it has been developed by Magento Certified developers.
You can easily set up the recurring payment profile per product in the Magento admin panel. You can set up subscriptions on a daily, weekly, monthly, yearly or any other custom time basis. Whenever a customer buys a product that has recurring payments enabled their subscriptions show up in their account under the tab: My subscriptions
In the Magento Admin Panel you can easily see which products have a payment subscription, and how many payment subscriptions are currently active. You can also create new payment subscriptions very easily and quickly.
And these features are only a glimpse of what this extension can do for you. You can also set up trail payments, an initial fee, different prices for customer groups, and much much more. This extension is available with all Magento installations and payment methods.
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