Compatible With: Community 1.5, 1.6, 1.6.1,, 1.7, 1.8, 1.8.1, 1.9, 1.9.1, 1.9.2, 1.9.3

Tech Specifications

Current Version:
Stable Build
26 January, 2018
Extensions, Payments & Security
Supported Browsers:
Chrome Linux: 42, 43, 44 Mac: 39, 44 Windows: 39, 40, 42, 43, 44 Firefox Linux: 31, 38, 39, 40, 41 Mac: 31, 38, 39, 40, 41 Windows: 31, 38, 39, 40, 41 Safari Linux: 7, 7.1, 8, 9 Mac: 7, 7.1, 8, 9 Windows: 7, 7.1, 8, 9
License Type:
Open Software License 3.0 (OSL-3.0)


FuturePay lets your customers buy now and pay later – without a credit card. 


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FuturePay is a flexible payment option that lets your customers buy now and pay later, without a credit card. By putting purchasing on a FuturePay tab, your customer can check out in one step, without hunting for their wallet.

Traditional credit and financing options are confusing to understand and can tie up your customers' money in rigid monthly payments with high-interest rates.   FuturePay allows you to offer a simpler financing option that is straightforward and can be paid back in flexible monthly payments starting as low as $25/month.

Our mission is to strengthen the exchange between shoppers and merchants by simplifying the buying process with elegant technology and our goal is to make shopping as simple as possible for both our merchants and their customers. We hate extra clicks and filling out long forms.  We believe that shoppers and merchants alike deserve a safe, transparent payment option they can trust. Honesty is hardcoded into everything we do.

You require a FuturePay Merchant account in order to receive payments through FuturePay.  You can sign up through the extension directly or by visiting our website.  Existing merchants simply need to log into the extension using their FuturePay merchant credentials. There is no monthly fee to use Futurepay and the extension is free to download!   FuturePay charges a flat fee per transaction.  For information on where your business fits in our fee structure, please reach out to bizdev@futurepay.com

FuturePay sits alongside your other payment options in your checkout process and works effortlessly on any device. Here’s how it works:

  1. Your customer adds items to their cart and selects FuturePay when they check out
  2. Once the order is processed, FuturePay pays you the full amount upfront
  3. Your customers settle their balance directly with FuturePay and pay in flexible monthly payments
  4. Your happy customers’ FuturePay tabs can be used to buy now and pay later for future purchases

Our shopper application form has been built to be in-line during your checkout flow, creating a streamlined experience.  The customer simply enters their Date of Birth, confirms the SMS verification code and last four of their SSN to complete the application and place the order.  Your shopper will never be redirected to another site to complete the purchase.

Returning FuturePay account holders simply enter their password in your cart to complete their purchase. We've also integrated our Refunds API allowing you to issue credit memos on invoiced orders and communicate directly with FuturePay. 

Give your customers the freedom to buy now and pay later and watch your business grow!

Summary of Features:

  • Quick install through Magento Connect Manager
  • Full Capture
  • Refunds supported through invoiced orders
    • Partial Refunds
    • Full Refunds
    • Quantity based
    • Shipping based
  • Country and Currency restriction built-in
  • Customizable payment method title and image
  • In-line cart application form
  • Mobile friendly
  • Manual/Auto invoice capability


What is the customer experience?

Built by ecommerce veterans, FuturePay was designed to give shoppers the best checkout experience possible. Existing FuturePay customers only need to enter their username and password – the purchase is complete and added to their FuturePay tab.

New customers can quickly and easily sign up for FuturePay with just their birth date and the last 4 digits of their SSN. In seconds, their account is approved and the purchase is complete. Best of all, this functionality is available without the customer ever leaving the retailer’s site.

What are the customer benefits of FuturePay?
Simply put, FuturePay is the easiest way to pay on any device. Customers can shop anywhere at any time – no credit card required. Many shoppers also want the flexibility to delay or spread their payments out over time and pay for items on their own schedule. With FuturePay, customers can put their purchases on a tab and pay in flexible monthly payments starting as low as $25/month.


What are the merchant benefits of FuturePay?
Regardless of what you’re selling, FuturePay will lower the barriers to completing a purchase, attracting new customers, increasing repeat customers and helping to grow your business. FuturePay is fully responsive allowing retailers to ensure they have a consistent customer experience across devices. Plus, retailers are guaranteed payment upfront making it the risk-free way to offer a flexible payment option.


What does it cost customers?

FuturePay is a point-of-sale consumer financing option with straightforward fees. FuturePay charges shoppers a financing charge of $1.50/month for every $50 of carried balance. That’s it! No math, no complicated interest equations. See full terms.


How does FuturePay work on mobile devices?
Designed with mobile shoppers in mind, FuturePay lets customers check out easily on any device, typing as little as possible. FuturePay’s responsive interface can be elegantly inserted into your commerce strategy to accommodate everything from armchair shoppers to mobile POS systems. And with apps for both iOS and Android, customers can easily access their FuturePay account on the go.



Is FuturePay safe for my customers?
We constantly monitor our customers’ accounts and alert them of any changes and charges. Additionally, FuturePay doesn’t require customers to enter their credit card and other personal information so they don’t have to pull out their wallets in the middle of a crowd.


What types of companies use FuturePay?
The FuturePay merchant community has a wide variety of businesses from apparel and beauty to health and electronics. We work with retailers of physical goods to help them capture additional sales they were missing before adding FuturePay. With FuturePay, companies of all sizes can offer their customers a flexible payment option and start attracting new customers quickly.


For more information about the types of companies we work with, please see the FuturePay Acceptable Use Policy.


How do I add FuturePay as a payment option to my site?

FuturePay is already integrated with a number of ecommerce platforms. If you already use one of these platforms, then FuturePay integration will be even easier. A list of these platforms is available here.

FuturePay is designed to make integration easy, but it may require development resources. The FuturePay merchant support team will guide you through the implementation process.

How can I get more information about FuturePay?

To request a demo or get more information, please contact FuturePay Business Development at bizdev@futurepay.com.



Release Notes

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  • Compatible with CE: 1.5 1.6 1.6.1 1.7 1.8 1.8.1 1.9 1.9.1 1.9.2 1.9.3
  • Stability: Stable Build
  • Description:

    V2.0.13 includes our new Learn More link and verbiage within the checkout flow


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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.

Q & A

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