Today, we will talk about a Magento 2 tool that allows implementing partial payment functionality on an ecommerce store – the MageDelight Partial Payment Pro extension. The ability to pay in installments is a vital improvement for online stores that work either with B2B or retail clients. The Magento 2 module provides online store owners with flexible settings for creating payment plans with various options. As for the customer experience, online shoppers get a wider selection of payment options at the checkout, which builds trust and increases engagement. Below, we provide an overview of the Partial Payment Magento 2 extension’s features and describe how it works in the backend and frontend.
- Partial payment option at the checkout;
- Ability to set the type of initial payment;
- Flexible configuration of installment payments;
- Option to include additional fees and charges in partial payments;
- Customer group-based access to partial payment option;
- Rescheduling of specific installments;
- Possibility to make manual installment payments from the admin interface;
- Installment reminders sent to customers via email;
- Installment summary page in the customer account;
- Auto-capture of installment amount based on the cronjob configuration.
After installing the MageDelight Partial Payment Pro extension, you will be able to offer your customers extended payment options, improving their shopping experince on your web store. The Magento 2 module introduces partial payment functionality and provides merchants with a robust toolset for configuring payment schedules in line with their pricing strategy.
The partial payments Magento 2 module enables online shoppers to choose a preferred payment option on the checkout page. Customers get the ability to make a partial payment when completing an order and pay the rest of the sum in installments, EMIs (Equated Monthly Installment), or layaway plans. Partial Payment Pro for Magento 2 supports the following payment methods:
- Braintree (credit card);
- Cash on Delivery;
- Bank Transfer Payment;
- Check/Money order;
- Paypal Payflow Pro;
- Stripe Payment (note that you can use this option only with the MageDelight Stripe Payment Gateway extension).
Store managers can select a type of the down payment (whether percentage or fixed amount) and specify its value. Besides, it is possible to set the number of installments and include specified processing fees or other charges in the payment plan. Also, note that you can make partial payment option available only if customers add products to the cart for the value equal or higher than the one specified by the admin.
Moreover, you can decide which customer segments will have access to partial payments. For example, you can allow paying in installments only to wholesalers, making the module more B2B customer-oriented. By applying customer group-based restrictions, you can provide privileges to specific clients, which increases loyalty to your business. Besides, you reduce the risk of fraudulent actions and protect your store from scams.
As for other admin possibilities, one of the significant enhancements of the payment processing in the backend can be achieved with the rescheduling function. The MageDelight partial payment Magento 2 module enables admin users to change the date of a particular installment within the established payment plan of a customer. This way, you can leverage the flexibility of installment payments configuration offered by the EMI payment Magento 2 module and show an individual approach to your clients.
Another useful feature available with Partial Payment Pro for Magento 2 is manual payments from the backend. It means that admins can pay for a particular installment using one of the available payment methods from the backend interface whenever required. You can utilize this possibility when a customer makes a payment via an offline method, like money order, cash on delivery, or check.
Now, when you are familiar with the key features of the MageDelight partial payment module, let’s see how the extension’s functionality can be fine-tuned in the backend.
Configuration settings of the MageDelight Partial Payment Pro Magento 2 extension are located under Stores -> Settings -> Configuration -> MageDelight -> Partial Payment. The page is divided into 5 sections: General Configuration, Down Payment Configuration, Installment Configuration, Cron Configuration, and Email Configuration.
In the first section, you enable/disable the module, select customer groups that will have access to partial payments, define payment methods that can be used for installments, and specify a minimum value for the order grand total eligible for this type of payments.
In the following section, you decide which method to use for the calculation of down payment: fixed amount or percentage. Here, you should also specify the amount that will be used as a basis for calculating the initial payment.
Now, let’s proceed to the settings of the Installment Configuration section. First, select the frequency of payments (weekly, monthly, or quarterly). Next, you can configure different payment plans and specify the number of installments and additional fees (fixed or percent) for each of them. Here, you also decide whether to allow customers to update an installment amount from their accounts and enable/disable auto-capture of installment pending amount on the due date.
In Cron Configuration, you set the time for collecting payments on a daily basis by running the cron job and select the next slot for capturing payment for the cases when payment is failed.
The Email Configuration section includes 4 tabs: Installment Schedule, Installment Reminder, Installment Failed, and Installment Full Payment. In the first tab, you can enable the installment schedule, choose an email sender, and enter email addresses for CC and BCC.
In the next tab, you can enable/disable installment reminders and set the time for sending reminder emails to customers. Here, you also choose an email sender and make a list of email addresses for CC and BCC.
The Installment Failed and Installment Full Payment tabs have the same settings as Installment Schedule.
You can view the list of all installments in a separate grid under the Partial Payment -> All Installments menu. The grid gathers the following details: order number, store view, amount of payment, due and paid dates, and status (Pending, Processing, Completed, Failed, or Cancelled). The Action column provides the following options: Send Invoice (for completed payments), Send Reminder, and Capture Payment. It is also possible to send reminder emails in bulk via the “Cron (Email Reminder)” button, as well as capture payments for all customers using the “Cron (Capture Installment)” button.
The partial payments Magento 2 module also supports the inline editor functionality, which allows modifying the installment amount and due date right on the grid.
Admin users can view the installment summary for each order with partial payment on a separate page. At the top of the page, there is a block with detailed information on the installments related to the order.
If necessary, admins can pay particular installments from the displayed list manually from the backend, as well as select an applicable payment method.
The Magedelight partial payments module also provides a separate screen listing all orders processed using partial payments. The appropriate grid can be found under the Partial Payment -> All Partial Orders menu. From the Action column, you can go to the order view page or installment summary page.
On the order view page, you can check the total paid and total due amounts in the Order Total block.
To view installment details, navigate to the Installments tab.
Now, let’s see how MageDelight Partial Payment Pro for Magento 2 functions in the frontend.
After adding a product with the installment option to the shopping cart and proceeding to the checkout, a customer will be able to select a suitable payment method from the list of available options, as well as installments plan.
The partial payment Magento 2 module also adds a new tab to the customer account area where registered users can view information about their orders paid with installments.
Upon clicking the “View Summary” link, a user will be redirected to a separate page where they can check details of a particular installment, as well as pay manually for selected installments.
Partial Payment Pro for Magento 2 by MageDelight brings all necessary tools for implementing installment payment plans on a web store. By allowing customers to pay partly for their orders and providing them with flexible options for making subsequent installments, you encourage them to make more purchases on your website. This way, the extension helps merchants boost sales and gain customer trust.
The MageDelight’s partial payment Magento 2 module costs $349, but now you can get it with a discount for just $199. So, don’t miss your chance to add the missing functionality to your Magento 2 store for such a low price. For more details, click the link below:'