Do you want to join the secure sales club? Or still stuck in the dilemma “Should I quote less? And less?” etc. WooCommerce instalment Payments plugin will take you one step ahead in securing your sales journey. Deposit payments plugin simply involves handing over a small sum of money initially to purchase an item and then paying the later amount. Initial amount is referred as a deposit or down payment. Many users make monthly payments using a credit card as a deposit for an item they plan to purchase. Other buyers use bank transfers or cash to make a down payment on an item. In some cases, the buyer pays in instalments over time. All these features are now available for users, organisations with ease, by using a plugin called Deposits / Down Payments for WooCommerce.
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Advantages of WooCommerce instalment Payments Plugin
This facility has a direct impact on the overall sales of any business as by paying a fraction value of the complete order amount. A buyer ensures the deal from their ends by paying the initial deposit and due to this flexibility the user again prefers the same business rather than going for any other businesses. WooCommerce instalment Payments plugin is easy to install and activate, simply by using the credentials and interacting with the console. An admin can activate or disable the plugin as per their requirement. Some of the key features of installment Payments plugin for woocommerce are discussed ahead for a better understanding.
Down payment
As the name itself explains, WooCommerce Deposits / Down Payments plugin comes with a bunch of down payment options. Including options like enabling or disabling deposit/down payment options on various products, fixing the deposit amount either in terms of value or fraction. For example, for every order greater than 1000$ it is mandatory to pay 400$ as a down payment or 40% of the bill is compulsory to be paid initially. These compulsory policies are completely customizable for the admin. One can evaluate deposit as per all the product’s variants available, like based on size, colour, etc in terms of category like apparels. In addition to all this, WooCommerce Deposits / Down Payments plugin allows the admin to define custom conditions in order to specify different deposit amounts for different items or categories.
Customisation and configurations
Yes, that’s right! WooCommerce Deposits / Down Payments plugin not only reduces the “one time payment” stress of the users but also provides customizable features like the store pages, and can hide the “Pay deposit” option as per their requirement. For instance, some businesses do not have a constant stock present in their warehouse. Often they import material, in such cases the admin needs to be assured of their sales. Thus, in such complex situations the admin can hide the option anytime. Plugin allows creating and displaying personalised messages on product pages of ecommerce portals. Remember that crazy tagline, during sales on that e-commerce portal. Now you can add it to your business too. In addition to features like selection of the location of the custom notifications on the website and customization of the labels used over the website. Here the locations refer to different sections of any webpage like footer, header etc.
Balance payments managements
Well, well, well! Let’s talk about what the later half of WooCommerce Deposits / Down Payments plugin brings for its users. This plugin provides a large number of advantages regarding the balance payment option such as if an order has numerous products, users can either make a single balance order that covers all of the items. Or generate a separate balance order for each product and pay the balance accordingly. In addition to this, the flexibility to get the balance payment on a specific day from the calendar is also present here. Most importantly if the balance is not paid within the given deadline, the admin can return or impose any deductions and then return the initial down payment amount back to the clients.
Alerts and notifications
Are you a goldfish memory person? Or is it just difficult to remember the dates of various deposits? Don’t worry, WooCommerce Deposits / Down Payments plugin got your back. This plugin sends an email to the admin and buyer both automatically whenever any consumer makes an initial deposit for booking a product. And as per your specified date during the transaction, this plugin even sends email notifications to users automatically. In order to inform them that their initial deposit is about to expire, or the specific date for the balance payment has arrived.