This plugin sounds like what i am looking for, but are the subsequent payments dependent on the customer or can the credit/installment be taken by the merchant or website owner?
My client wants to provide installment (credit) payments spread over 12 months with an initial (for example 20%) deposit. The payments need to be taken from the customers bank (direct debit) or payment method (credit card) via a credit aggreement. I have investigated PayPal’s subscription payment, but i am not sure if this relies on the customer making the reoccurring monthly payment.