CM Video Lessons EDD Payments (CMEDDPAY) - Differences between EDD or MicroPayment

Differences Between EDD and MicroPayments


Compatibility

The CM Video Lessons Payments has default support for MicroPayments and can also support EDD (Easy Digital Download) when powered by the add-on Video  Lessons  EDD Payments. To make it evident, here is a simple breakdown:

In both cases (EDD or MicroPayments), you will be able to

  • Set a price, called subscription, for individual video lesson.
  • Configure price tiers and allow users to choose between them.
  • Modify the length of the access period.

In the example below, the user is denied access to the content before paying: 


Differences between MicroPayments and EDD

1) MicroPayments (Supported by default)

The system based on a wallet which is available for each user and can store real money or virtual money. Once the user accesses the page with the subscription options, he needs to make sure he has enough currency available in his wallet. If he does not he will need to fill up the wallet first before being able to subscribe.

An example use of virtual currency would  be points  the user gains while performing other tasks set by the admin. Within a learning environment, this can be part of an overall system for managing student activities. 

2) EDD (Requires CM Video Lessons EDD Payments add-on)

The model is based on paying money directly for watching: it is a straightforward Pay Per View mode. 

The user can pay for the subscription through the payment gateways which you have defined for EDD. More than 30 available payment gateways are supported, including Stripe, PayPal, Skrill, 2Checkout and much more.