Partial Payment & Layaway

Many a time, it's just too much to place a huge order. Even if you are well to do, letting go of $1000 on the beat really holds the strings on your wallet.Anything as pertinent as payments, when offered in favor of the customers, is going to improve the conversions in the E-commerce stores. However, the store profit must not be overlooked. Keeping both the points in the frame, Meetanshi has developed Partial Payment for Magento 2 to allow the customers to buy the products immediately by paying the down payment and pay the remaining amount later in installments, layaway plans or EMI.While Magento 2 stores can benefit from partial payments, customers can maintain their budget and enjoy pocket-friendly shopping! Flexible payment methods not only increase conversions but also improve customer experience!Explore the new opportunities of sales by providing a partial payment facility for your store products with the Partial Payment & Layaway for Magento 2 extension! 

How Does The Extension Work?

The extension is the best choice to offer the partial payment facility in the Magento 2 store. Offer partial payment facility based on the customer groups as well as payment methods. The admin can select the scope of partial payment to apply it to all products, selected products or the whole cart. Moreover, the admin can charge shipping and tax amounts in installments or on down payments. To allow only registered customers to avail the facility of partial payment, the admin can disable it for guest checkout. The extension allows setting the maximum partial payment credit limit and displaying a custom error message when the limit is overreached. Facilitate customers to pay all installments with a checkbox in My Account section. Let customers easily manage the installments with an auto-capture installment facility.The admin can offer a fixed installment plan or flexible plan with a set number of installments as well as payment frequency. Set the custom downpayment label, down payment amount, and configure the module for calculation of the down payment. The admin can set the labels for the remaining payment and partial payment fee. Configure the module to charge the partial payment fee on all installments, one installment, or none. The admin has to set the option for the calculation of the partial payment fee and the fee amount.In the payment calculation box settings, enter the custom text for partial payment availability message and its terms and conditions to be displayed on the product page.The extension offers various Email settings such as:

1. Installment Schedule Email
2. Installment Payment Configuration Email
3. Installment Approval Email
4. Installment Disapproval Email
5. Installment Overdue Notice Email
6. Installment Reminder Email
7. Installment Auto Capture Reminder Email
8. Installment Auto Capture Failure Email

For product-specific partial payment, the admin has to enable it for that product. Set the number of installments, select the option for calculation of down payment and partial payment fee, and set the down payment amount as well as the fee amount from the backend.After the successful extension configuration, whenever customers go to the product page, they can opt for the partial payment if its availability message is displayed. The product page also shows the payment calculation box and the terms and conditions to avail of this payment facility. He/she has to select the number of installments, quantity and then add to cart.If the maximum partial payment credit limit is overreached, the error message is displayed. Else, on the shopping cart page, customers can see Partial Payment applied on the order. The bifurcation of the down payment, the remaining amount and fee amount are calculated and shown with the respective labels. Partial Payment details can be seen on the checkout page as well. Customers can select one of the allowed payment methods to pay for the Partial Payment order.After the successful order placement, customers get the installment schedule Email. Customers can see Partial Payment order details under the "Manage Partial Payment" tab in their My Account section. On click of View Order, they can see paid order amount and remaining installment details. From here, customers can pay the installment amount on or before the due date.Moreover, the customers receive a reminder email for installment payment so as to not miss the date. They can also opt to pay all installments at a time with any of the offered payment methods.After the successful installment payment, customers get an Installment Payment Confirmation Email. The admin can manage Partial Payment orders from a separate grid named "Manage Partial Payment Orders" from the backend. The grid shows the orders, customers details along with the payment status. For offline payment methods, the admin can approve or disapprove of the installment payments. Approval or disapproval Email is sent to the customers after the admin performs the respective action. Also, customers get the overdue notice Email if they fail to pay the installment on or before the due date.If the customers fail to pay an installment, an installment overdue notice email is sent to them. Also, the admin can change the installment date from the backend. Owing to the installment auto-capture facility, an installment auto-capture reminder Email is sent to the customers. If for some reason, the attempt to auto-capture installment is failed, an installment auto-capture failure Email is sent.The extension also offers installments payment from the backend.  

Benefits:

• Offer partial payment facility, layaway plans or EMIs in your store.
• Allow customers to pay down payment at the time of placing the order and remaining amount later in an installment.
• Select the customer groups to allow using the partial payment facility.
• Select the payment method to allow using while placing partial payment orders.
• Select the scope of the Partial Payment from the admin panel:
  • All Products
  • Selected Products
  • Whole Cart
• Select the option to charge shipping and tax amount on partial payment orders.
  • On Down Payment
  • On All installments
• Option to disable the guest checkout while placing partial payment orders.
• Option to set the maximum partial payment credit limit for the customers.
• Display custom text message when the partial payment credit limit is overreached.
• Allow customers to pay all installments
• Offer auto-capture installment facility to the customers.
• Allow customers to choose the partial payment plan.
• Set the number of installments.
• Select the payment frequency:
  • Based on Days
  • Weekly
  • Monthly
  • Quarterly
• Set the custom text for the down payment and remaining payment labels.
• Option for down payment calculation.
• Set the downpayment amount.
• Select one of the options to charge partial payment fee:
  • No
  • On First Installment
  • On All Installments
• Set the custom text for the partial payment fee label.
• Select one of the options to calculate partial payment fee in:
  • Fixed Amount
  • Percentage of Product Price
• Enter the fee amount to be charged on partial payment orders. 
• Set the custom partial payment availability message.
• Set the partial payment terms and condition text.
• Option to send Email notifications for various partial payment events:
  • Installment Schedule Email
  • Installment Payment Confirmation Email
  • Installment Approval Email
  • Installment Disapproval Email
  • Installment Overdue Notice Email
  • Installment Reminder Email
  • Installment Auto Capture Reminder Email
  • Installment Auto Capture Failure Email
• Option to enable product-specific partial payment along with the specific fee charges.
• For product-specific partial payment, set the number of installments, downpayment calculation option, downpayment amount, partial payment fee calculation option, and the fee amount.
• A customer can pay for the entire order at a time, skipping the partial payments.
• After availing the partial payment for the order, all the partial payment details can be seen on the cart and checkout page with the respective labels.
• Customers can see partial payment order details under a separate tab named "Manage Partial Payment" in the My Account section in the frontend. 
• Customers can pay an installment on or before the due date from the Manage Partial Payment tab.
• The admin can also see partial payment orders from the Partial Payment > Manage Partial Payment Orders grid from the backend.
• For all the partial payment orders paid using the offline methods, the admin can approve or disapprove the payment by customers.
• Customers receive the Email notifications immediately after the respective partial payment events performed.

Partial Payment Supported Payment Gateways

Supported Gateways ---- Installment Capture --- Auto Capture

PayPal Checkout (Default Magento)  --- Yes --- Yes

Braintree (Default Magento) --- Yes --- Yes
Note:

1. Supports Braintree card method only.
2. Auto capture will work only if Vault is enabled 

MTN Pay --- Yes --- NA

Orange Money- Ivory Coast --- Yes --- NA

Opayo Direct Payments --- Yes --- NA

Rave Payment - Github --- Paid Integration --- NA

Rave Payment - Meetanshi --- Yes --- NA

Billplz --- Paid Integration --- Paid Integration

Barclaycard --- Paid Integration --- Paid Integration

Stripe --- Paid Integration --- Paid Integration

Worldpay --- Paid Integration --- Paid Integration

Payflowpro --- Paid Integration --- Paid Integration

Payflowpro Card --- Paid Integration --- Paid Integration

Moneris --- Paid Integration --- Paid Integration

Payfort --- Paid Integration --- Paid Integration 

Also Comes With:

• Free 1 Year Updates
• 25 Days Marketplace Return Policy
• Multi-Store Supported
• 100% Open Source

Visit Live Demo:

• Back-end | Just select "Partial Payment" from the Username drop-down to log in 
• Front-end | Configure the extension from back-end first as per your requirements to see it in action.

If you have any questions about this extension, you can Contact Us, and we reply you back within a few hours.