One Time Payment
One Time Payment is a financial transaction model where a customer makes a single, upfront payment to access a product or service, without recurring charges or subscriptions. It is commonly used for software licenses, digital goods, and physical products where ongoing access or support is not required. This contrasts with subscription-based models that involve periodic payments for continued use.
Developers should understand One Time Payment when building e-commerce platforms, payment processing systems, or software licensing mechanisms, as it simplifies billing logic and appeals to customers preferring ownership over recurring fees. It is ideal for products with a clear, finite value, such as desktop applications, one-off digital downloads, or lifetime access deals, but may not suit services needing continuous updates or cloud infrastructure.