Partial Payment

Partial Payment
M2

TOTAL:
$299.00
Compatible With: Community 2.1 Enterprise 2.1

Tech Specifications

Current Version:
1.0.4
Type:
Stable Build
Updated:
04 July, 2017
Categories:
Extensions, Payments & Security, Checkout Enhancements
License Type:
GNU General Public License 3.0 (GPL-3.0)

Overview

No Need to pay the full amount upfront. Allow buyers to pay a portion of the amount while buying & the rest in installments, layaway plans or EMI.

Other Extensions by Krish TechnoLabs

Overview

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Partial Payment extension enables you to allow your customers to make partial payments or pay the amount in installments. The extension is easy-to-install and can be seemly configured to provide various payment options based on your requirements or customer demand. Partial Payment allows you to configure various payment plans for a product or a group of product. This provides flexibility to your customer to make payment in instalments for entire cart amount or just for specific products.

Providing the facility to make partial payments or in instalments is very beneficial for your customers. This not only encourages customers to make purchases without making full payment, but also provides the ability to make payments as per the availability of funds or in instalments. This results in increased sales. With partial payment you can unleash great potential by tapping the customer base that is looking for easy payment options.

UNIQUE FEATURES

Partial Payment extension provides some features that are not available with any other extension. These unique features provide additional capabilities that will provide more benefit and flexibility to your customers.

Create order

Partial Payment allows you to create an order for a customer from back-end. This feature is useful when taking orders over a call, by mail, and other similar mediums. You can create an order and specify the payment terms as decided by the customer. This allows your customer to place order with partial payment anytime without using Internet.

Create plans using catalog rules

You may have specified some catalog rules for promotion of your products. Partial payment allows you to use these rules while creating payment plans. This spares you from any additional efforts you need to create payment plans within the dimension of catalog rules.

Reschedule specific instalment

With Partial Payment, you can reschedule a specific instalment within a payment plan for a customer. The ability to reschedule allows your customers to pay the instalment as per availability of funds with them. Providing such flexibility will increase confidence in your customer and in turn earn their loyalty.

Pay instalment for whole cart

Partial Payment allows your customer to make payment in instalments not only for specific products, but also for whole cart. This facility provides an additional appeal to your customer to purchase the products that are not available on partial payment plans.

Payment of instalment from back-end

You can make payment of an instalment for a customer from the admin section of the Partial Payment extension. This is useful when your customer is making payments through money order, check, cash on delivery, or other similar mediums. With this feature you can offer more payment options to your customers, which will in turn increase your sales.

KEY FEATURES

Partial payments

You can allow your customers to make part payment at the time of purchase and make the remainder of the payment in instalments. The ability to make part payment can be allowed for the total amount of the cart or for certain products only.

Manage fees and other charges

You can manage additional fees and charges customers need to pay if they opt for payment through instalments. The charges can be in form of interest paid on the remainder of the amount that is paid in form of instalments.

Manage instalment plans

You can specify different instalment plan for each individual product or a group of products. For example, you can have only three instalments for watches, whereas, you provide three, six, and nine instalments for electronic products.

Provide option on various instances

You can make the instalment plans on various pages as per your requirements. For example, you can choose to make partial payment option available on the cart, product detail page, or both; on the cart and the product detail page.

Set instalment reminders

With Partial Payment, you can send reminders for instalments to your customers. You can specify how many days in advance the reminder needs to be sent. The reminders will be sent based on the frequency of the payment specified.

Access to specific users or group of users

Partial Payment extension allows you to specify the users or group of users that will have access to part payment facility. The facility of part payment to selected users or a group of users can minimize the risk of fraud and increase the patronage of your regular and premium customers.

Part payments and pre-payment

Your customers will also have an option to make part payment above their regular instalments. This will help them to pay the remainder of the amount faster. They can even pay the entire remainder of the amount. The facility of part payment and pre-payment can help your customer save significantly on the interest charges on the pending instalments.

Installment cacellation

Admin can cancel the remaining or all installation anytime from backend. This enhances the flexibility of the extension as admin can easily manage the order cancellation with partial payment. 

HOW IT WORKS

Once the Partial Payment is successfully installed, the Partial Payment Information tab is available within the product information section. The Partial Payment Information section allows you to set the instalment plan for a product. You can specify the initial payment, number of instalments, charges, and other fees applicable for instalment plan.

Additionally, you choose to send instalments schedule to your customers and specify when to send reminders for payment of instalments to customers. There is also a facility to manually update the status of payment of an instalment. This feature is useful when the payment for an instalment is made through money order, check, or cash on delivery.

You can also allow the partial payment facility to certain users or group of users. This not only gives a sense of privileged to your regular or premium customers, but also minimizes the risk of being scammed. The part payment facility to selected customers can also increase their patronage that can result in increased sales and profit.

You customers will have choice to pay the full amount of the cart while checking out or can opt for an instalment plan specified for the products. The flexible payment option increases the purchasing capacity of a customer which can result in increased sales. The customers can also make additional payments in addition to their regular instalments to pay the remainder of the amount faster. They can even prepay the entire remainder of the instalments and save on the interest payable on the remaining instalments.

SUPPORTED PAYMENT METHODS (WITH SPECIFIC PAYMENT GATEWAY EXTENSION):

  • Check/Money Order
  • Cash on delivery
  • Authorize.net CIM
  • Stripe Payment Gateway
  • CyberSource Payment Gateway
  • Firstdata Payment Module
  • Moneris Payment Module
  • Worldpay

AUTO CAPTURE SUPPORTED PAYMENT METHODS

Product by Mage Delight from Krish Technolabs

Release Notes

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1.0.4:

  • Compatible with CE: 2.1
  • Compatible with EE: 2.1
  • Stability: Stable Build
  • Description:

    Stable release for Magento 2

Support

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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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Reviews

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