The deposit payment Magento extension by Milople allows your customers to pay a deposit amount (down payment) at the time of purchasing your product. The remaining amount can be paid later with installments or EMIs, as defined by the store admin.
Order placement by buyer
Buyers have the option to buy a product with full payment or deposit payment. Admin can
decide if buyers can have this option.
An attractive tip window explains the installment plan.
Deposit payment can be selected from both product page and cart page.
The down payment and remaining amount are visible to buyers on both the cart page and
checkout page.
How buyers pay installments?
Buyers can pay installments from the “My Account” section.
Admin can mark installments as paid from Magento backend.
Prepayment and advance payment of installment is possible.
The “My Account” section shows the buyer, details about amount already paid, amount to
be paid later and the number of installments remaining.
Order and invoice management by admin
Admin can see all paid and pending installments of an order at Magento deposit payment
order grid.
An invoice is generated only once and will show the amount paid and the amount remaining
to be paid separately.
Every time when an installment is paid, the same invoice will be updated with new
amount.
Creating payment plans by admin
Deposit payment extension can be enabled on all products, selected products, out of
stock products or whole cart.
Apply the following features globally or product specifically:
Number of installments in which buyers have to complete the payment.
Deposit payment amount as a fixed amount or % value.
Set the installment schedule in terms of days/weeks/months.
Select fixed installment plan or flexi layaway plan.
Admin benefits
Enable deposit payment options for admin ONLY, if required.
Limit deposit payment facility to certain user groups and products only.
Specify minimum order amount to avail deposit payment facility. (only if deposit payment
facility is applied to the whole cart)
You can set a credit limit and alert message for buyers so they would not be able to
have total installment amount pending, beyond that limit.
These help admin to track orders and make decisions.
Installment Summary Report.
Separate grid for Partially paid orders.
Revenue Generation Report.
Reasons to choose Milople's Deposit Payment Magento Extension
Language and currency
Compatible with all currency types and supports multiple languages.
Customize buttons labels
Admin can change add to cart button label to something like "Buy with Deposit payment".
Brand your payment plan
Set custom brand name like “Pay Later”, “Pay in installments” etc.
Order creation from backend
Magento store admin can place partial payment orders from Magento backend.
Easy to buy product mix
Products with and without deposit payment can be purchased in same order.
Easy to buy multiple products
Multiple products with deposit payment can be purchased in same order.
Surcharge, taxes, and discounts
The seller can add the surcharge to the value of the order.
The surcharge can be a fixed value or % value of product price.
Discounts can be offered in terms of fixed value or % value. (Only if deposit payment is
applied to out of stock pre-order products)
These can be applied to down payment or can be distributed in remaining installments
equally.
Email and notification settings
Admin has the option to send email notifications to customers on:
Installment payment confirmation
Installment failure
“x” days before the installment payment due date
Order confirmation
Stock availability email
Installment overdue reminder
Supported payment gateways
PayPal Standard
PayPal Pro
Paypal express
PayPal Payflow Pro
PayPal Plus
Authorize.net
Stripe
Paymentsence
Sage Pay Suite DIRECT and SERVER Integration
eWay Rapid 3.1 Direct Connection
CC Avenue
PayU Money
Paytm
Looking for more payment gateway integration? CONTACT US
Supported product types
Simple Products
Configurable Products
Bundle Products
Downloadable Products
Virtual Products
Group Products
Store development service
We can help you building a full store with Magento 2 and our Deposit Payment M2 extension. Our Magento 2 solution experts will be with you during entire ecommerce cycle starting from conceptualization to launch and marketing. Give us a try.
Enhance Your Store with Magento Extensions
Supercharge your online store with Magento extensions, adding a touch of magic to your eCommerce world. From offering personalized products to customer reviews, these extensions will offer an enhanced experience and lure customers to purchase.
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Ask us and we will customize to match your requirements.
Added feature of changing add to cart button label.
Added feature to allow Deposit payment only for admin.
Removed installments auto capturing feature.
Added feature to define same or different Down payment and Installment plans for
each product.
Added Installment Summary and Revenue Generation reports.
Added feature to restrict jQuery loading from extension.
Added feature to send installment failure email, installment over due notice email
and stock availability email.
Shipping, tax, surcharge and discount can be calculated either in first installment
or in remaining installments.
13 October 2014
Version 3.5.0
Made Deposit Payment compatible with Wirecard Checkout Payment method.
(PayPal,sofort,Credit Card - Without seamless)
Bug fixes.
23 April 2014
Version 3.4.0
Made Deposit payment wholecart compatible with authorize.net.
Updated totals(Grand total,tax,subtotal) while creating invoice.
Added calculation of Discounts on out of stock products.
Added updation of discount calculation in tooltip.
Applied calculation of payments due dates based on the time zone of the clients.
Applied Discount deduction on out of stock products from deposit amount.
Added Confirmation mail to be sent after completion of paying through paypal.
Added Email notification to send for failed installments.
Added closed orders in Deposit Payment grid in backend.
Bug fixes.
15 January 2014
Version 3.3.0
Made Deposit Payment compatible with different currency.
Amount is displayed along with order's currency in Deposit Payment, installment grid
in frontend and partially paid order grid in backend.
Paypal Standard : Email for success response of order placement will be sent only
after placing order.
Amount is updated at admin in sales -> order as per installments are paid using
check/money order.
Changed the label of paying now to due amount on admin side sales/order.
Changed the label of paying now to due amount on customer account in "My Order" tab.
When fee amount and deposit amount is set to 0 then due amount and paying later
will not be displayed on (sales/order ,invoice, credit memo ) admin side.
Shows currency in tool tip as selected currently.
Made Deposit Payment compatible with payment gateway : CyberSource with auto
capturing facility.
Solved the problem for adding product into the cart in with Deposit Payment disabled
when "Apply Deposit Payment to" set is selected for a product.
24 August 2013
Version 3.2.0
Make deposit payment module compatible with Sage Pay Suite – SERVER Integration.
Also support auto capturing facility with Sage Pay Suite – SERVER Integration.
System configuration and payment methods controls dependency problems have been
solved.
Stock availability email functionality has been developed.
Functionality to change deposit payment options according to the product’s price has
been developed.
Problem of multiple credit card payment method has been solved while paying
remaining installments.
Deposit payment link in my account page will display only when deposit payment
module is enabled.
Some problems with PayPal Pro integration have been solved.
CSV file has been added to support language translation functionality.
License violation message has been changed.
License violation message will display only if module is enabled.
24 June 2013
Version 3.1.0
Compatible with paypal pro. Also support auto capturing with paypal pro.
Supports auto capturing with Sage Pay Suite – Direct Pro payment method.
Some tax issues have been fixed.
Support and Feedback module has been added.
System configuration controls dependency problems have been solved.
Duplicate invoice problem has been solved with paypal.
Shipping and Tax equally distribution problem has been solved.
Add Yes/No combo box to send installment reminder email.
Many stores use Custom Price Extension in different ways and we help them implementing the same. Here we present some really beautiful Use Cases of this extension. These would have been achieved with our Without customization. Do you want to discuss your own requirements for this? Contact us
PRE-ORDER BOOKING WITH DEPOSIT PAYMENT
ADD CUSTOM TEXTBOX IN ADMIN PANEL TO CHARGE DOWN PAYMENTS AS PER ADMIN'S CHOICE
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