Partial Payment in WooCommerce
By integrating the Partial Payment in WooCommerce, provide your store visitors with a helpful option to pay for a product in installments/deposits over time.
Benefits of adding a partial payment option to an online store
When it comes to building customer loyalty while bringing more sales to your store, adding an option to receive installment payments will come in handy. Let’s take a look at some of the other advantages.
Increase total revenue
With the help of a partial payment option, you can quickly increase the overall sales of your store as consumers on a tight budget will be able to purchase by depositing an amount as the initial payment and then paying the remainder of the amount at a later date.
Simple to configure
Configuring the WooLentor’s partial payment module is a piece of cake. All you have to do is enable an option and set up a few parameters based on your need.
Flexibility to choose the amount type
In the module settings, you can choose whether you want to receive the first deposit as a percentage or a fixed amount, as well as the payment method that you want to use by default.
Options to disable specific payment methods
Sometimes, you may want to disallow a few payment gateways/methods either for the first or second installment. WooLentor’s partial payment module allows you to do that simply by selecting the methods from a dropdown list.
Ability to customize the labels on different pages
Use personalized label texts throughout your store pages according to your needs by replacing the default ones. This is an excellent way to convey your brand identity to your site visitors.
Reduce the bounce rate
Many customers are not capable of purchasing a product by paying the full amount at once and that’s when they leave the store. In such a case, if they see that they can avail their desired products by making the payment in deposits, it is more likely to engage them to your website while converting them to actual customers.
Do you want to bring in more loyal customers to your store?
There are no better alternatives for customers who are unable to make the full payment or have a limited budget than adding a deposit payment option to your store. That’s not all, customers can even choose their preferred payment gateway during the process.
WooCommerce Partial Payment Screenshots
You won’t believe how simple it is to set up a partial payment option on a WooCommerce store.
Let’s have a look at some of the screenshots regarding the steps to configure the module as well as how it will appear on your store.