PrestaShop Partial Payment | Instalment | EMI | Layaway

The Partial Payment Module allows customers to buy products immediately by paying a down payment, while the balance can be settled later through flexible installment plans or layaway options. This feature ensures that customers can manage their budgets while enjoying a seamless shopping experience.

Description

• Increased Sales Potential: The ability to offer a partial payment option encourages more customers to complete purchases, particularly those considering larger investments. It creates an inclusive shopping environment that attracts budget-conscious buyers.
• Responsive Customer Engagement: By allowing customers to divide their payments, you cater to their financial needs, reducing the likelihood of cart abandonment and enhancing customer satisfaction.
• Improved Customer Relations: The module fosters stronger relationships by enabling customers to purchase products that might typically exceed their budgets, making your store more appealing.
• Customizable Payment Plans: Merchants can define specific rules for installment payments, such as minimum purchase amounts, installment frequency, and dimensions that fit their business model.
• Transparent Payment Management: Display the terms of partial payments, including due dates, amounts, and conditions, ensuring customers have all the information they need at their fingertips.
• Easy Setup and Management: Administrators can conveniently create and manage installment rules through an intuitive dashboard, making it easy to offer personalized financial options to customers.
• Comprehensive Notifications: Customers will receive email notifications for various partial payment events, including schedules, confirmations, approvals, disapprovals, reminders, and overdue notices, ensuring they remain informed throughout the process.

Features

• Partial Payment Facility: Enable customers to pay a down payment and settle the remaining balance later.
• Flexible Installments: Customers can choose how many installments they prefer and set payment frequencies (daily, weekly, monthly, quarterly).
• Custom Rule Configuration: Admins can determine product eligibility, customer groups, and conditions for partial payments.
• Down Payment Flexibility: Allow customization of down payment amounts and the option to include a fee for partial payments.
• User Alerts: Send automatic notifications for important events related to partial payments, including reminders and confirmations.
• Multi-Carrier Support: Offer various shipping options for customers who select installment payments.
• Product-Specific Options: Set up particular rules for specific products, including fees and payment options.
• Customer Account Overview: Customers can manage all their partial payment orders under a dedicated tab in their account section, making it easy to track payments.

What your customers will like?

• Budget-Friendly Options: The partial payment feature makes it easy for customers to make purchases without straining their finances, helping them manage their budgets effectively.
• Encouragement for Higher-Value Purchases: By allowing payment in installments, you encourage customers to invest in higher-quality and more expensive products.
• Convenient Payment Management: Customers can easily keep track of their payment plans and due dates, fostering a more organized shopping experience.
• Increased Accessibility: The ability to make payments in installments opens up purchasing opportunities for customers who might otherwise hesitate due to budget constraints.

Installation

• Step 1: Upload the module zip file and configure the settings.
• Step 2: Create installment rules according to your needs.
• Step 3: Activate the installment plans for your products.