Magento 2 Partial Payment

Magento 2 Partial Payment extension allows offering customizable payment plans and facilitates customers to pay in installments, layaway plans or EMI.

Key Features:

  • Facility to place an order with partial payments option such as down payment, layaway plans or EMIs.
  • Configure the partial payment plans based on customer groups and store views.
  • Option to set a surcharge amount to add to the installments.
Magento CE, EE 2.0.x, 2.1.x, 2.2.x, 2.3.x

Details
Details

There are some cases when you need to accept part payment of the total order amount in advance as a deposit. These cases are a service where part of the amount is taken in advance as a sort of guarantee, the customers just don't have enough cash on hand to pay in full or the product is too pricey to pay the whole amount at once. 

As Magento 2 store owners in the e-commerce rat race, you know how essential it is to set yourself apart and get ahead. One of the best ways is providing pocket-friendly payment options. Magento 2 store's payment system can always be optimized more to increase the conversion rate. There's never enough optimization! One of the efforts that can be implemented is to offer payment facility in installments and Meetanshi have the right extension to do it, i.e., Magento 2 Partial Payment extension!

Allow customers to pay a token amount at the time of the purchase and then pay with an installment. Also, offer layaway price plans or EMI to the store customers. A win-win situation for customers and stores! 

Selling products with down payments is an age-old effective marketing technique and to implement in the online store, Magento 2 Partial Payment module is what you need.

The Magento 2 Layaway Payment module allows admin to customize the payment plans based on the products and offers a separate backend grid to manage order and invoice for partial payments. It supports multiple payment methods and customer group specific facilities for partial payments. The extension has useful features for customers too such as a detailed explanation of the payment plan, option to keep the track of payment amount, and much more!

Benefits of choosing Meetanshi's Magento 2 Partial Payment extension:

  • Offer Magento 2 products and services with the partial payment, layaway plans or EMIs.
  • Customers can pay down payment at the time of the purchase and remaining amount later in an installment.
  • Admin can select the scope of the Partial Payment:
    • Global
    • Specific Products
    • Specific Categories
    • Whole Cart
  • Define the partial payment availability to specific customer groups and store views.
  • Option to set a surcharge amount to add to the installments.
  • Set a custom Partial Payment availability label to show on the product page.
  • Charge additional fee either in fixed amount or in percentage for opting partial payment facility.
  • Select payment methods to enable partial payment for.
  • A customer can opt to skip the partial payments and pay the entire amount at a time.
  • Set one of the options on how tax, shipping, and the discount will be calculated whileapplying partial payment:
    • Apply all 3 in the downpayment
    • Equally divide in both the down payment and installment
  • Set one of the payment plans for the installment payment:
    • Based on Specific Days
    • Monthly
    • Yearly
  • Select how the down payment will be calculated:
    • In fixed amount
    • In percentage of the product price
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