monthly_cost
This function is not used any more, please use calc_monthly_cost instead.
Purpose: to calculate the monthly cost for account purchases. Please note! To obtain the pclass, log in to Kreditor Online. Click on “Display store” and then “Click here to view campaigns”.
Example PHP codemonthly_cost($sum, $rate, $months, $monthsfee, $flags, $currency, &$result)
Input Data:
| Required | Variable | Type | Description |
|---|---|---|---|
| sum | integer | The amount concerned in ören or cents. | |
| rate | double | The interest rate, given as stated below. Interest rates (Mar 22, 2010) are the following:
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| months | integer | The amount of months that the part payment is. This value is always 24 months. | |
| monthsfee | integer | The monthly fee for using Klarna's account, given in ören or cents. Monthly fees (Mar 22, 2010) are the following:
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| flags | integer |
The lowest fee that the end customer can pay is always 50 SEK, 89 DKK, 95 NOK, 8,95 EUR (Finland) or 6,95 EUR (Germany). It can be useful though to show the monthly cost for each product on the product page so the customer can add monthly costs for different goods easier.
Example: Instead of showing the monthly cost as ”from 50 SEK/month”, you can instead show ”from 10 SEK/month” for a shirt and ”from 40 SEK/month for a pair of pants. If you send the flag integer 1, the function will show the monthly cost without rounding up to 50 SEK, 89 DKK, 95 NOK, 8,95 EUR (Finland) or 6,95 EUR (Germany) if the monthly cost is below that. If you instead send integer 0, the function will always return a monthly cost with the minimum amount described above. Please note! At the checkout you have to always show the minimum 50 SEK, 89 DKK, 95 NOK 8,95 EUR (Finland) or 6,95 EUR (Germany) since that is the actual monthly cost the customer will have to pay. In other words, you have to send integer 0 at the checkout. |
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| currency | integer |
The currency for the purchase. This is relevant since the lowest monthly cost for SEK is 50 kronor/month, DKK it is 89 DKK/month and for EUR it is 9 EUR/month. If you send the correct currency, it will be shown the correct way on your website.
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To make sure you have the correct calculation on your site, you can use the calculator here below to check.
Return Value:
A monthly cost for the account purchase shown for the customer. Monthly cost is always an integer and is returned in ören or eurocents. It is important that is always rounded up to the closest integer.
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