Add & manage products
The first step to getting paid is to create a product in Loop.
Loop internally refers to products as items
and identifies products by their itemId
. This itemId
is used to construct the payment link.
Products hold billing configurations such as the amount
, payment frequency
, accepted tokens
and free trials.
Products can be added either on the Company Dashboard or via API. Learn how to add a product via here.
Product status
Products have a status of either active
or disable
. Only "active" products can be used for payment. Products that are disabled will continue to bill active subscription but cannot be used for new purchases.
Subscription products
Subscription products are defined by having a frequencyCount
of greater than 0. You must set a frequency
to HOUR
, DAY
, WEEK
, MONTH
, or YEAR
.
It is recommended that you set autoinvoice:true
for all Loop products. This directs Loop to automatically generate the next due payment.
When autoInvoice: true
the frequency
is used to calculate the next invoice date.
Example: For subscription set to frequencyCount: 1
and frequency:MONTH
, if a customer completes checkout on November 29th. The auto-invoicing will generate the next invoice on December 29th.
If the customer checked out on the 31st and there is no 31st, then the invoice will generate on the last day of the month (e.g. 30th or 28th for February.
Updated 3 days ago