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.
Us can select the deposit payment option from both product view page and cart page.
The down payment and remaining amount is visible to buyers on both the cart page and checkout page.
The “My Account” section shows the buyer, details about amount already paid, amount to be paid later and the number of installments remaining.
How buyers pay installments?
Buyers can pay installments from “My Account” section.
Admin can mark installments as paid from Magento backend.
Prepayment and advance payment of installment is possible.
Order status 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:
Out of stock products only
Apply the following features for each product separately or as global configuration.
Total number of installments in which buyers have to complete the payment.
Deposit payment amount as a fixed amount (e.g $100) or % value (e.g 10% of product price).
Set the installment schedule in terms of days/weeks/months.
Select fixed installment plan or flexi layaway plan.
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 credit limit and alert message for buyers so they would not be able to have total installment amount pending, beyond that limit.
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($50) or % value of product price.(e.g 30%)
Discounts can be offered in terms of fixed value(like $30) or % value.(like 30% of the price).(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 can enable/disable the option of sending emails and notifications to customers for different events like:
Installment payment confirmation.
Notify buyer “x” days before the installment payment due date.
Stock availability email.
You can also send email templates to your customers informing them about these actions.
These help admin to track orders and make decisions.
Installment summary report.
Separate grid for partially paid orders.
Revenue generation report.
Looking for more payment gateway integration?Contact Us
I think the delivery time for downloadable products is too long, please try and reduce the time
Great Module and great support
Bought module and does exactly what it says. Support is excellent as had a js conflict was that easily sorted.
Would recommend if anyone needs to do preorders.
good support by Milople
I had few issues setting up this extension properly on my client's magento store. Milople's support staff helped me installing and configuring this properly. Thanks
Awesome support and very responsive team
Thanks for the quick response.
That has now solved my question
I bought Deposit Payment from Milople and it is working smoothly without a single bug. Nice work from team Milople.
Thanks for solving problem
By using this extension I have come to solve my problem for which I was worrying from a long time. Milople provided a quick solution to my problem and they are ready to help at any moment. Thank you for your support.
Thanks for the reply, it will work as per our requirement. Thanks again and keep it up!!
Nice to work with.
This product has definitely leveraged my sales and revenues as customers are glad. They can pay in installments with the help of Deposit Payment. Even number of buyers is boosting. I am very happy buying this extension. I strongly recommend this product. Even they are ready to help you whenever you need. My query was solved within half an hour. Price is worth for this product. Great work and enthusiasm by Milople.
Footsteps in Asia
This extension is proving to be a great addition to our website and for our type of business. Milople Web have not only provided great support for this module, but have done so in a timely manner which had made sure our business doesn't stop. Great work guys!
Very good plugin
I'm very happy to have this plugin. Indiewebs team customizes it to fit with an additional payment method in a very shot time and for a reasonable price I could find somewhere else
thanks for good work
Thank you for your fast response.
The extension seems very good and should fit to my needs.
Improved my sales
I get this deposit payment module installed before 2 months and it increased my sales. Initially I thought the module is a bit costly but it's really a good value for money. I can now allow customers to pay a small deposit and collects the payment with the extension on schedule. Thanks.....
First of its kind solution
I have been searching for some sort of deposit payment or upfront payment solution for my magento for more than a year. but my search ends with this extension. Excellent module.
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.
Solved java script AJAX problem of help tooltip.
Many stores use Deposit Payment 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
1: PRE-ORDER BOOKING WITH DEPOSIT PAYMENT
2: ADD CUSTOM TEXTBOX IN ADMIN PANEL TO CHARGE DOWN PAYMENTS AS PER ADMIN'S CHOICE
3: CREATION OF PAYMENT PLANS WITH RANDOM INTERVALS