For those who aren't familiar with PayPal's free Pay in 4 option, it's very simple.
Let's Say Quicken released a Black Friday promotion of all of their products with a Lifetime License for $800. You know it's worth it, but you can't spend $800 right now.
But what if you could split it into 4 bi-weekly payments of $200 each? That makes it more affordable because you are now splitting it over multiple paychecks.
Automatically Track PayPal's Pay in 4 Plans (edited)
SourApple
Unconfirmed, Member
Here is a breakdown of how it would work
- Quicken Promo: $800
Pay in 4 Payment Schedule
- [1/4] Down Payment: $200
- [2/4] Two weeks later: $200
- [3/4] Four weeks later: $200
- [4/4] Six weeks later: $200
- The difference is that it was spread over 8 weeks instead of a single $800 payment.
- That could be split between 4 or 8 different paychecks for some of us.
- Best part? There is NO charge! Not even a credit card you have to sign up for.
Feature Requests:
- Track all PayPal - Pay in 4 Payment Plans.
- Automatically add them to Upcoming Bills.
- Set the expiration date for each plan.
How To Implement:
- You think this should be easy to track if you have linked your PayPal account.
- You may also be able to use PayPal's API to pull the plans and plan details.
Here are some screenshots of my current open Pay in 4 Plans to give you a visual example
Here is the upcoming payment plan for the selected purchase
My Current Process
- I am having to wait on the transaction to post
- Then find it in Simplifi
- Make sure it's the right one
- Edit transaction
- Set as recurring bill
- Create a new recurring bill
- Each one has to have a unique name
- Set it as Every 2 Weeks
- Enter the Start date and End date
- Submit
Notes
- As you can see, this can be quite a lot of work if you use the Pay in 4 as much as I do.
- I know for a fact that there are several users who have this as their #1 Feature Request as well.
- I'll be sharing them the link as soon as I get home from this terrible 4-hour chemotherapy appointment, so hopefully this will quickly get enough votes to get the attention of Development.
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Comments
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OMG Please make this priority!
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