Subscriber Instalments & Commitments
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Purchasing goods by subscribers can be paid by: - Cash Payments, Cheques, Credit Cards.
- Installments on Subscriber bill.
- Discount in return for subscriber commitment to work with the company for a specified period of time.
- Any combination of the above.
Installments:
Instead of paying whole invoice amount in cash or cheques, subscriber can divide the amount or part of it on their subsequent bills. Either, the installments follow a certain predefined regulations or are flexible to be handled by the system user. This may include, number of installments, maximum period or month etc.
Commitments: Commitment means that the subscriber is committed to use the services of the Telecom operator in return for part of the amount he is going to pay.
Commitment may range from 0% (no commitment) to 100% (Subscriber pays no money, whole amount is used as a commitment). Any combination of cash, installment and commitment can be valid as the following example: | Total Invoice amount | =1500 | | Customer cash payment | =500 | | Commitment discount | =400 | | Installment (6 X100) | =600 |
| | Total | 1500 |
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