To answer this question, please select the initial term(s) of the subscription that you offer on your website or application (or through a third party portal). A subscription is an arrangement whereby goods, services or digital content are sold periodically, rather than individually. A subscription is also where regular payments are charged to a customer to receive goods, services, or digital products (e.g. a customer pays $10.00 per month to receive a magazine every month). The initial term of a subscription is the term that the customer signs up for when they initially purchase the subscription. For example, if a subscription charges a customer once per month, the initial term will be one month as the customer will be charged again once the first month is over. To answer this question, please select one or more of the following options (you will want to select multiple options if you offer multiple subscription plans that the individual can choose from such as monthly or annual billing):
1 month: please select this option if you offer a monthly subscription and the customer will be charged again after one month;
3 months: please select this option if you offer a subscription that lasts three months and the customer will be charged again after three months;
1 year: please select this option if you offer an annual subscription and the customer will be charged after one year;
Other: please select this option if you offer a subscription with an initial term that is not listed above. If you select this option, you will be able to input the initial term of the subscription in the field provided.