OverviewBack to top
Cashvault is an escrow that regulates payment of funds between two parties involved in a given transaction; ensuring each party get the desired value with all obligations needed to be fulfilled completed as agreed. It support’s offline validation for purchases made from your Magento store to improve your sales conversion and also boost consumer trust with features designed to provide buyer protection at no additional cost to you.
Cashvault is bridging the gap between prepayment for items within your store before delivery and payment collection on delivery. Successful payments within your Magento store “secure of funds” not successful sales as it is completed offline "away from your online store" and item funds secured for has to be delivered to collect authorization code for payout from your customer. You can use the extension for better management of “payment on delivery” alternatives. Eliminate cash handling with no need for POS terminals and achieve improved sales conversion collecting offline payments.
Add as many independent courier personnel to support delivery as well as offline redemption of payout authorizations manually via the cashvault admin dashboard or provide realtime access to your courier operator to view orders pending delivery directly from your Magento store. Courier access to view your Magento store orders provided on request to support
ACCOUNT & PRICING
You have to be signed up as a merchant for cashvault to be able to use this extension, click here to sign up as a merchant. Setup fees not applicable for using this extension transaction processing cost for all successfully redeemed funds secured for payment capped.
On sign-up you get 3 month free access to the full features of the dashboard after which a monthly subscription of N 5000 will apply once user count exceeds three to continue enjoying the full benefits. You can use Magento exclusively to monitor order status but outside of Magneto the dashboard supports offline redemption of consumer payout authorizations, detailed reporting on settlement to your bank account and manual disbursements for recouped cancellation fees applied on orders.
- Card payment processing coverage for Mastercard, Visa and Verve
- Placement of lien on funds for payment till delivery is completed
- Flexible settlement suited to your business requirements
- Cancellation fees to recoup cost of delivery
- Automatic consumer reversals without need for 3rd party mediation
- Dashboard administration with detailed reporting
Customer card data is not stored on Magento server or passed through Magento. The checkout completion steps redirects site visitor to a secured session of the payment gateway where user is prompted to provide card details to secure funds away from Magento store. User data is encrypted in accordance with PCI guidelines and transmitted to customer bank to authorize account debit.
Technical SpecificationsBack to top
Magento platform compatibility
Open Source (CE): 2.0, 2.1, 2.2
09 July, 2019
Extensions, Payments & Security, Payment Integration
Quality ReportBack to top
All tests were conducted on the latest versions of Magento that existed for the compatible release lines at the moment of the extension submission. Latest versions of all other software were used, as applicable.
Release NotesBack to top
- Compatible with Open Source (CE) : 2.0 2.1 2.2
- Stability: Stable Build
This is the 1st version no updates to publish.
SupportBack to top
The best place to start if you need help with a specific extension is to contact the developer. All Magento developers have both a contact email and a support email listed.Contact Vendor