Summary
On courses eligible, the option for students to set up a payment plan through Klarna is automatically enabled.
You can create a payment plan option by using coupon codes in Stripe.
Klarna eligibility
If your course is priced below $1000.00 USD and the student purchasing your course is located in the same country as your Stripe account, they will automatically see the option to purchase the course on a payment plan through Klarna.
The limitations (course priced under $1000 USD and not a cross-border purchase) are set by Klarna.
If your course meet's Klarna's requirements, it will be automatically enabled as a payment option for the student.
How to create a payment plan
If Klarna is not available for your course or you need to set up an alternate payment plan for students, use a discount code and a Stripe direct payment link.
This method involves manual follow-up with your students, and there's no guarantee a student will pay subsequent installments. We suggest keeping it simple and offering a payment plan with two payment installments. In other words, students will pay 50% of the course price upfront. Then, the remainder must be paid before they are enrolled in the course.
Once you've decided on the payment plan with your student, here are the steps for manually setting it up:
In Stripe, get a direct payment link. Set a discount of 50% (for example). You'll get a payment link from your Stripe Dashboard. Navigate to Products --> Payments --> Payment links. Share this payment link with the student directly.
When the student is ready to make the final payment, direct them to your course checkout screen. Share a discount (you can create it in Maven) so the student only pays the remaining amount. Once they pay via your Maven course checkout screen, they will be enrolled in the course. For this reason, we suggest collecting the final payment through Maven.