Magento Partial Payment Pro | EMI

This feature enables customers to acquire goods and services by making an initial down payment at the time of purchase and managing the remaining balance over time through manageable installments. Partial payment significantly enhances the shopping experience, particularly for customers who wish to purchase high-value products but cannot pay the full amount upfront. By lowering the initial financial barrier, you empower customers to make purchases that may have otherwise been out of reach, thereby increasing your store's sales potential.

Benefits for Your Store:

• Increased Sales Conversion Rate: Facilitate quicker purchasing decisions through flexible payment structures.
• Enhanced Shopping Experience: Offering multiple payment options meets diverse customer needs and preferences.
• Boosted Customer Retention: Customers are likely to return for repeated purchases when they have convenient payment options.
• Partial Payment for All or Specific Products: You can customize which products or categories accept partial payments.
• Dynamic Labels: Display helpful labels on product pages to inform customers about payment options.
• Tooltip Guidance: Provide additional explanations to assist customers in understanding installment payment terms.
• Simple Global Configuration: Easy setup for implementing partial payments in your store.
• Quantity Restrictions: Control how many items can be purchased using partial payment options.
• Clear Installment Payment History: Customers can see their remaining balances and make final payments through their accounts.

Customer Benefits:

• Flexible Payment Choices: Customers can choose how they wish to pay, whether through down payments or installments, giving them the freedom to manage their budgets.
• Instant Access to Products: Customers can start using products without waiting to pay the entire price upfront, particularly advantageous for high-priced or B2B items.
• Easy Management of Partial Payments: Customers can conveniently track their installment payments and outstanding balances from their accounts.

Main Features:

• Configurable Payment Options: Admins can enable partial payment for specific products or entire categories.
• Down Payment Percentage: Admins can set the required down payment amount (as a percentage) for customers.
• Purchase Quantity Control: Admins can specify the quantity limit eligible for partial payments.
• Minimum and Maximum Purchase Limits: Flexibility in setting purchase limits ensures tailored shopping experiences.
• User-friendly Checkout Process: Streamlined final payment process for customers.
• Admin Management: A separate order list allows easy review and management of all partial payment arrangements.