Yes, this is possible. For example, let’s say you sell a product for $50 but you want to charge 4 monthly payments of $15 if they choose the payment plan option.

To apply a premium (i.e. higher price) to a payment plan product:

1. Select or Edit the product. A Payment Plans tab will display at the bottom of the screen, as pictured below.
2. Click on the Payment Plans tab.
3. Click Add Plan to add a payment plan.
4. Set the Interval as every month.
5. Set the Length as 4 months.
6. Set the Regular Price as $15.

For this example, here is how your customers payment schedule would work:

• $15 at time of sale
• $15 30 days later
• $15 60 days later
• $15 90 days later

In total you will receive $60 after a customer makes their 4 monthly payments.