How does the subscription feature work?
The Crypto.com Pay subscription feature helps your businesses to collect subscription payments from your customers at regular intervals.
The subscription payment amount can be specified in any fiat currencies (e.g. 10 USD). Once the payment of each period is captured, the cryptocurrency will be converted into a fiat or cryptocurrency balance according to your merchant currency settings. Both you and your customers can cancel the subscription anytime.
Subscription is only available to customers using Crypto.com App.
How do I create a subscription?
A subscription composes of a customer record, a product record (and its pricing plan) information. Please refer to our API documentation on how to create these records in your server: https://pay-docs.crypto.com/
Product and pricing information can be created in the Merchant Dashboard as well.
Subscription Payment Page
After creating a subscription, you will get a subscription payment page URL link. You should redirect your customers to this page. The page will guide your customers to select the cryptocurrency to pay for and approve the subscription via the Crypto.com App. Once it is approved, payment of the first billing period will be collected right away. In subsequent billing periods, payments will be automatically created and collected (provided your customers have sufficient funds in their Crypto.com App wallet).
Subscription Payment in Crypto.com App
Your customers can scan the QR code on the subscription payment page to finish the order.
You can review the active subscriptions in the Merchant Dashboard.