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Many customers love the idea of an installment when they purchase an item. It’s also easier for them to decide to buy your products without thinking twice. So, having a WooCommerce Installment Payments plugin on a website is a must. It enables you to add partial payment as an option for your customers. In that way, they can pay partially and pay it depending on the date you put on the admin page.
Moreover, you can use this plugin for payment plans and add additional charges each month. It will help you to make more profit in a matter of time. Also, it encourages more people to visit your website and make their purchases.
In this article, we will show five of these WooCommerce Installment Payments plugins and present each feature and functionality. Read on and find out the one that is perfect for your WooCommerce store.
Top WooCommerce Installment Payment Plugins 2020
WooCommerce Deposits – Partial Payments Plugin
This is one of the ideal plugins to receive partial or installment payments from your customers. You can set a fixed monthly fee for your clients and add percentages depending on how long they will pay for your product. Some of its features include the Accept or Force Deposits from their particular purchases. So, it’s up to you whether you want to receive the instant deposit as soon as they purchase or add it up on their next installment.
At the checkout page, you can put an installment or deposit section as your customers’ payment option. They will see it upon their purchase. Also, it comes with automatic email reminders to remind them if there are only a few days left before their installment deadline.
For the admin, you can choose from the fixed or percentage value of your installment type. In a single click, you can enable or disable the deposit section anytime you want.
Moreover, you can disable other payment gateways except for the installment option. Since you can use this to raise your profit, enabling this type of payment could increase your revenues. Another one, you can always add custom messages if they choose their payment gateway, whether it is full or partial.More info / Download
SUMO WooCommerce Payment Plans
If you are looking for a flexible installment plugin, this WooCommerce Installment Payment can help you in different ways. It allows other payment gateways, such as deposits, down payments, partial payments, and even order payment plan. In these ways, you entice different types of customers on your website.
Another excellent and unique feature it has is the Stripe automatic payments. Since many clients are using this payment processing, this plugin improved their system by accepting payment from the platform.
This plugin allows customers to book the products they want through deposit payments. You can set the minimum deposit amount from your settings’ page. Another option is by letting your clients propose their deposit amount, and you just need to disapprove or approve it.
Keep in mind that you can put a deposit as optional or mandatory. So, if you think that you’ll earn more through deposit, then you can enable it anytime. If not, just set the payment gateway to its original status.
As for the installment payment, you can charge interest based on how long they plan to pay for their purchases. Furthermore, you can also use this plugin if you want to set a plan for your website.More info / Download
WooCommerce Deposit Down Payments
Here’s another WooCommerce Installment Payment plugin that will help you to accept installment payment from your customers. You ask them for full or deposit payment, depending on your clients’ preferences. They can choose to complete their total amount later. Moreover, they have the option to add several purchases on their cart and set the deposit as their payment option.
You can set the fixed or deposit price on the admin page. Furthermore, you can set the deposit or partial payments to one or more of your products. Also, you have the option to configure or disable the full payment option to allow your customers to choose only the installment payment option.
The installation process is pretty simple. As you purchase this plugin, just click Download the Zip file. Then, go to your WordPress Plugin dashboard and click on the Upload Plugin button. Choose the zip file and proceed to the “Install Now” and “Activate.”
As soon as you activate this plugin, it will show you the settings page where you can enable or disable the downpayment or full payment option for your users. In the Product section, you can add the products that you can set for the Installment payment gateway.More info / Download
GoPay Payments Gateway for WooCommerce
This WooCommerce Installment Payment plugin allows you to accept different payment methods. You can accept MasterCard, Visa, VisaElectron, Maestro, Platba 24, UniCredit Bank, Fio Banka, and a lot more. With this plugin, you can create installment payments through credit cards or debit cards. Through this type of transaction, you are allowing more clients to pay partially for larger amounts of purchase.
Another key feature of this plugin is that all the elements coming from GoPay Payments Gateway would also be available to your WooCommerce or WordPress websites. In that way, you’ll have more convenience and keep everything in its place. It also comes with the GoPay test or production environment.
One of the things you need to keep in mind with payment gateways is the security. You need to make sure that it is safe enough for various transactions. Good thing, it has HTTPS secure payments to ensure its stability and security. Furthermore, this HTTPS gives peace of mind to your buyers.
Upon purchase, your customers can find the descriptions and notes on the Single Order or Orders section. So, technically speaking, everything you need is here, including the installment payments for your clients.More info / Download
Now that we’ve found these five different WooCommerce Installment Payments for your clients, you can choose one to set it up on your WooCommerce. You’ll see how it will help you to increase your profits in a short amount of time.