FMEExtensions

Layaway, Partial Payments

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Setup different payment plans, let customers pay in installment by using this Extension for Magento...
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Overview

Layaway, Partial Payments

Layaway Payments is Recurring Payments extension for Magento which allows customers to benefit from paying the amount of any product in installments rather than by paying full amount at once. By purchasing this extension, you get the ability to setup up installment options for customers very conveniently. Here is what you can configure to setup partial payments options for Magento .

Following are the key features of this FME addon;

Key Features:

  • - Define Layaway charges, when customer chooses Layaway as payment option, you can introduce your service fee but it is not mandatory, it can be set to zero.
  • - Set up initial payment which customer will have to pay upfront e.g. 20%, 30% etc.
  • - Define maximum number of installments, installment period units such as days, weeks, months and set maximum period for installment such as 1 month, 3 months etc.
  • - Enable layaway payment options for all products or any specific product.
  • - Recurring Payments extension for Magento offers special feature in the configuration for Layaway settings. You can turn these settings off and then configure them for any specific product from its settings page.
  • - A drop down with custom message is shown on product page such as “Do you want to checkout by using Layaway?” Customers who wish to pay partial payments will select “Yes” which will automatically place order with the layaway fee (if any) and first installment. For example of total order amount is $100. Suppose you configured $10 as Layaway fee and 20% of the order amount as first installment. Then order will be placed for the amount of $30 (shipping charges will be included if set).
  • - A configurable tool tip feature is provided which can be used to inform customers about Partial payments module for Magento . You can add desired text as a comment which will be shown as a tool tip.
  • - Layaway extension for Magento Stores supports 10 payment options such as Cash on delivery, Adaptive Payments, Credit Cards, Bank Transfer and few more.
  • - Recurring Payments extension for Magento provides option to configure payment options through product settings or from the configuration.
  • - Customers can view layaway orders in their accounts and they can pay their installments easily from their accounts as well. In this case customer and store admin both are notified about the payment.
  • - To manage recurring payments orders you get a dedicated “Layaway Orders for Magento” section in the backend. Admin can view all the installments which have been paid by customers.


  • Demo:

    Find instant view of product features on FME Layaway Extension for Magento demo.

    Questions

    For any queries, you can go to the FAQ page of this Plugin. Filling a short form will connect you with us.

    Support

    If you have any questions feel free to contact us anytime! FME Helpdesk.

    Release Notes

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    Reviews

    About the Developer

    This extension was developed by and is supported by FMEExtensions

    Layaway, Partial Payments 5 5 3 3
    Superb Support Support on this product is excellent, even several months after install, responses within a few hours. Very knowledgeable about their product and will to help!! 5 Star product and 5 Star service.... Superb! May 15, 2014
    Works great, awesome support We had some specific wishes for this plugin and had FME make some adjustments to fit our needs. The development fees where really very reasonable and the result is exactly what we asked for. The time it took to modify the plugin was substantially shorter then with one of their competitors. April 2, 2014
    Exactly what I was looking for, saved me months of work. I needed an extension to allow my customers to pay on lay-bye. This component does exactly that and more. Easy to install and configure and with excellent support it is definitely value for money. March 12, 2014
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    Q&A
    (4 Questions : 4 Answers)

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    Avatar Image Url:: http://www.magentocommerce.com/images/avatars/uploads/avatar_27394886
    Customer avatar
    Pls advise how the invoice will be generated each time in that case ?
    We will be having multiple delivery say if the product cost USD 500 and there are 5 products in same , we collect usd 100 as advance , and balance USD 400 if we have 3 different shipment we might wish to collect each time while the product delivered using COD ...ca we ?

    Also if out of balance payment if customer is willing to pay online for balance rather than COD can that too be asked and specified ?

    Whats Layaway Fee?
    by
    shambu1
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    3 months, 2 weeks ago
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    Answers

    Avatar Image Url:: http://www.magentocommerce.com/images/avatars/uploads/avatar_183403
    Customer avatar
    Answer: 
    This is how our layaway works, suppose you have an order of $500, the initial amount is $100, an order will be placed posting $100 to be invoiced and $400 as remaining amount. you have to capture the amount by invoicing this order. for each next installment, customers pay from their accounts, there is a field to pay the amount openly. customer will enter amount he wants to pay, suppose $100, as soon he will proceed, a new quote will be generated and he has to go through the checkout process and a new order will be placed. when you receive this installment order you have to invoice it to capture the amount. as soon you will invoice this installment order, it will update the totals and remaining amount of the main order. until the whole remaining amount paid, the order status remains "layaway pending". once all the amount is paid, you can ship the order. Our module is customize-able if this functionality needs some changes to fit your needs please provide us the specification and we will come with a solution.
    by
    FMEExtensions
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    3 months, 1 week ago
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    1 answer

    Batch Update

    Avatar Image Url:: http://www.magentocommerce.com/images/avatars/uploads/avatar_27476217
    Customer avatar
    The Extension either gives the option to add apayment plan to all or none. What about if i don't want all but still have hundreds that i would like to put the payment plan on. How do i batch update?
    by
    rushmedia
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    1 month, 1 week ago
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    Avatar Image Url:: http://www.magentocommerce.com/images/avatars/uploads/avatar_183403
    Customer avatar
    Answer: 
    You have to edit products to set the values individually. However, if you want a bulk update feature, this will take around 2 hrs of customization. For more details, contact support.fmeextensions.com
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    FMEExtensions
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    1 month ago
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    Avatar Image Url:: http://www.magentocommerce.com/images/avatars/uploads/avatar_27394886
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    shambu1
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    3 months, 1 week ago
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    Avatar Image Url:: http://www.magentocommerce.com/images/avatars/uploads/avatar_183403
    Customer avatar
    Answer: 
    Layaway has the option to allow the payment methods. In your case you need to allow both methods. Both of these methods will be shown in first deposit and paying for installment. If you want to have different payment method for first deposit and for installment, this will take 1 hour of customization. For more details, please contact support.fmeextensions.com
    by
    FMEExtensions
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    1 month ago
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    Avatar Image Url:: http://www.magentocommerce.com/images/avatars/uploads/avatar_27394886
    Customer avatar
    Also can we make partial payment by card and rest by COD in lay away ?
    by
    shambu1
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    2 months, 2 weeks ago
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    Avatar Image Url:: http://www.magentocommerce.com/images/avatars/uploads/avatar_183403
    Customer avatar
    Answer: 
    Yes it does support PayU payment Gateway.
    by
    FMEExtensions
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    2 months, 2 weeks ago
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