# Payment Plans (Subscription Schedules)

There are several uses for the Payment Plan or split payments Pricing model. The first is to break a large one-time payment into several monthly payment to increase sales of a given product. The second is to create an automatically cancelling subscription that behaves like a paid trial of a service. The setup for both of those scenarios is the same and we start by creating a Product in Stripe.

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You will configure a Recurring product so that the customer is charged on the given billing interval. You can set the Billing period to any interval you need, and monthly is most common.

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Now that we are done creating the products, for Billflow to recognize these products as a single service we need to tag it with an "sb\_service" tag. This tag should be the same for all products(pricing plans) that are in the model. Next we tag each with a unique "sb\_tier" that corresponds to the plan. That means we have 2 unique "sb\_tier" tags for our example. \
Specifically for Payment Plans, we need to add a third metadata value and that is "sb\_plan\_iterations". Set this to the number of times the customer should be charged. For example, if you want the customer to pay $600 in 6 monthly $100 payments, the value of "sb\_plan\_iterations" would be 6. After 6 months, the subscription will automatically cancel.

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Finally, we go back to Billflow and refresh the "Pricing Plan" page. We should see our pricing plan pop up.&#x20;

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