Are you seeking a flexible and convenient payment option for your customers and businesses? If yes, today we have the seven best deposits & partial payments plugins to help customers secure their purchases without breaking the bank and increase sales.
Before the list, let’s see what deposits & partial payments plugins are.
What Are Deposits and Partial Payments Plugins
In the fast-paced world of e-commerce, deposits & partial payments plugins have emerged as game changers. These payment methods allow customers to secure their purchases by making an upfront payment of a certain amount, with the option to pay the remaining amount later.
For example, you sell a stunning piece of art online, and buyers cannot purchase it due to its expensive price tag. Instead of losing a potential buyer, you can use deposits & partial payments plugins to allow them to reserve the artwork for a fraction of the total price. This gives them ownership of the item and allows them to pay off the remaining sum at their convenience.
In addition, you can reach a more extensive consumer base by providing deposits & partial payments plugins while boosting sales. Because customers who were previously unwilling to make a full payment upfront are now more likely to complete their transaction when given the option of paying in installments. This not only promotes customer satisfaction but also promotes more business.
Now you know what deposits & partial payments plugins are. The following section will cover the factors to consider while selecting dedicated deposits & partial payments plugins.
What to Look for in Deposits & Partial Payments Plugins
While looking for a deposits & partial payments plugins, make sure to consider these factors:
- Functionality: Seamless integration with your existing e-commerce platform, making it easy for customers to make payments.
- User friendly: Provide an intuitive user interface that guides customers through the step-by-step payment process, ensuring a smooth and hassle-free experience.
- Multiple Payment Options: Look for a plugin that offers multiple payment methods, such as credit cards, PayPal, or even cryptocurrency, to cater to a wide range of customer preferences.
- Customization: Choose a plugin that allows you to customize the appearance and layout of the payment page to match the brand’s aesthetic.
- Flexible plans: Ensure that the plugin allows customers to set different deposit amounts or installment frequencies based on their needs.
- Security: Look for plugins with encryption and secure payment gateways to keep customer information safe from unauthorized access. Also, ensure the plugin complies with industry standards and regulations, such as PCI DSS (Payment Card Industry Data Security Standard.
Now that you know what to look for in deposits and partial payment plugins, let’s look at our list.
Best 7 Deposits & Partial Payments Plugins
In a nutshell, the top nine deposits and partial payment plugins are:
- Payment Plans for WooCommerce
- Deposits and Partial Payments by Acowebs
- WooCommerce Deposits by Webtomizer
- Deposits & Partial Payments for WooCommerce by Bayna
- YITH WooCommerce Deposits and Down Payment
- Sumo WooCommerce Payment Plans
- Deposits & Partial Payments by WpDepositly
We’ll briefly review these plugins’ key features and pricing options.
1. Payment Plans for WooCommerce
Payment Plans for WooCommerce is one of the top-rated plugins for stores that want to enhance their capabilities by offering multiple payment options to customers, including ‘buy now, pay later.’
This plugin lets you create and handle multiple payment plans for your products so your customers can select how much they pay and how often they pay according to their preferences.
Its automatic billing and efficient rebilling payments ensure steady cash for your business. Also, the Payment Plan for WooCommerce easily integrates with almost 30 payment gateways and add-ons, including Authorize.Net, PayPal, Amazon, and others, making it a versatile addition to your WooCommerce store.
To smoothen the shopping experience for your customers, it keeps displaying the total payment until the cart checkout process is complete. Also, this plugin lets you send email reminders to keep your customers updated about their payment schedule and remaining installments.
Features
- Diverse payment options
- Easy payment scheduling
- Allow smooth integration with multiple gateways for secure payment
- Send email renewal notification
- Auto-renewal of failed installment payments
Pricing
Get the Payment Plans for WooCommerce yearly subscription at $99/year.
2. Deposits and Partial Payments by Acowebs
As the name implies, the Deposits and Partial Payments plugin allows you to set up product deposits and partial payments. This beginner-friendly plugin requires a single click to add or cancel deposits or partial payments.
Users can use the partial payment plan to schedule the remaining amount after setting up a specified amount or percentage of the entire order value. You can also offer discounts to clients who opt to pay for their orders. Moreover, you also get to choose specific products for deposits and partial payments.
This plugin also gives you control over the payment system. For example, you can remove the deposit options for customers who aren’t logged in to your website. You can also either enable or disable specific payment gateways for deposit orders.
Features
- Enable deposits only during the checkouts
- Create an option to schedule payments
- Send email alerts to both client and admin during deposits and payments
- Completely customizable and translation-ready
- Send reminders to clients for pending payments
Pricing
Deposits & Partial Payments is a freemium WooCommerce plugin. The free version is available on the WordPress repository. The premium version is available through the official Acowebs website for $43 per year with one year of updates.
3. WooCommerce Deposits by Webtomizer
WooCommerce Deposits is an excellent option if you want a feature-rich plugin at an affordable price. It is an excellent tool compatible with the WooCommerce Booking plugin and works with primary WordPress tools and WooCommerce features.
Through this plugin, buyers can pay an upfront amount set by the vendor or a portion of the price of a product at checkout. As a store owner, you also have the option to collect deposits for partial payments at the time of purchase.
In addition, this plugin’s one-click deposit method will be helpful to e-commerce merchants who don’t have much time to dedicate to store management. Deposit options on every product on the website can be enabled or disabled with a single click.
Features
- Use the WooCommerce dashboard to view deposit reports
- Request or require deposits for entire or selected products
- Deactivate specific payment gateway based on selected deposit
- Customize deposit payments based on a fixed amount or a percentage
- Display a customized message when selecting a deposit option
Pricing
WooCommerce Deposits is a premium WooCommerce plugin. You can get it from the Codecanyon marketplace for $54 (one-time fee).
4. Deposits & Partial Payments for WooCommerce by Bayna
Bayna offers an easy-to-use solution to businesses looking to set up deposit plans on their website. Also, this plugin is handy if you want a hassle-free integration to manage the variable products. You can be sure that deposit and partial payment choices adjust to the unique needs of each product type without any problems.
The WooCommerce platform and Bayna’s plugin work together perfectly. It ensures that the features related to deposits and partial payments become an integrated element of the online shopping experience. This integration benefits both customers and merchants because of the WooCommerce setting.
Another notable aspect is the user-friendly interface, which offers a simple and accessible experience to both customers and merchants. The ease of use when navigating deposit configurations and payment options improves user satisfaction and reduces the possibility of error.
Features
- Supports both offline and WooCommerce payment methods
- Fixed and percentage deposits can be structured
- Customers can select to pay in full or partial for their purchases
- Adjustments can be made to the style of the radio box
- Option to cancel the order for the pending deposits
Pricing
Deposits & Partial Payments for WooCommerce is a freemium WooCommerce plugin. The starter plan costs $59 per year. The free version can be obtained via the WordPress repository, while the premium version can be purchased through Bright Plugin’s official website.
5. YITH WooCommerce Deposits and Down Payment
YITH WooCommerce Deposits and Down Payment allows your users to pay for their orders in complete or as part of the total order value as a down payment for the remaining balance later. Giving such options to the client who wants to do partial payments instead of the entire sum also helps you boost sales.
You can additionally set an expiration date for your deposit using this plugin. If the remaining installments are not made by the specified date, this will result in the deposit being invalid. You can set up a distinct deposit amount and payment schedule for any combination of variable products.
Numerous customization options offered by YITH Deposits and Down Payments help notify clients. For instance, you can design unique labels, customize buttons, and add notes to various sections of product pages. The plugin also notifies store admins and customers about new deposits or pending payments.
Features
- Set deposits according to the product categories
- Create a fixed deposit amount for each order
- Select a percentage or fixed deposit amount.
- Notifications via email for store admins and customers.
- Automatically calculate the deposit amount.
Pricing
YITH WooCommerce Deposits and Down Payment is a premium WooCommerce plugin. The subscription costs € 129.99/ year and is available from YITH’s plugin page.
6. Sumo WooCommerce Payment Plans
Another excellent plugin for creating customizable payment plans on your website is Sumo WooCommerce Payment Plans. Creating different payment plans that meet your unique requirements is straightforward, thanks to several customizable choices offered by this plugin.
Whether you need to set up deposits with balance payments or numerous fixed installments, this plugin covers you. Furthermore, it makes installment payments more accessible for your customers by allowing them to create plans or let your business choose what works best for them.
Additionally, you can immediately contact clients when their payment is due using the user-friendly reminder system, ensuring that there are never any unpleasant surprises. SUMO WooCommerce Payments Plans is ideal for any business because it easily connects with some of the most widely used WooCommerce themes and plugins.
Features
- Ability to use payment plans to process installment payments
- Option of payment with adjustable payment plans
- A deposit can be considered for down payments
- Allows the creation of different payment plans
- Tax can be subjected during the initial payment
Pricing
Sumo WooCommerce Payment Plans is a premium WooCommerce plugin. The subscription costs $49 (one-time fee) and can be purchased from the CodeCanyon marketplace.
7. Deposit & Partial Payment – WpDepositly
The Deposit & Partial Payment plugin is an excellent tool to increase revenue. With the plugin, you can boost sales by adding a deposit option to your store. Customers can specify a custom amount they can pay as a partial payment.
This plugin includes a percentage deposit feature, which lets you decide how much deposit clients must make to make a reservation. For example, ask the purchasers to pay a minimum of 40% upfront for a product.
According to the user’s role on your WordPress website, you can additionally configure the partial payment. This plugin can accept deposits and partial payments, whether you provide services, goods, or digital products.
Features
- Provides customers with information regarding the terms of their deposits
- Flexibility to configure the deposit amount
- Easy integration with a variety of payment gateways
- Straightforward configuration and an intuitive UI
- Configure the cart’s deposit option display during checkout
Pricing
Deposit & Partial Payment is a freemium WooCommerce plugin. A free version can be downloaded from the WordPress plugin repository, while a premium version costs $29 per year on Mage People’s official website.
Conclusion
Today, we looked at deposits & partial payments plugins. All of the plugins we listed today can provide your clients with a flexible payment option that fits their budget, allowing them to make a deposit or partial payment for a product or service with the option to pay the remaining amount later.
Using these plugins for your online business can improve customer satisfaction and enhance sales by lowering cart abandonment rates. By providing this easy payment option, you allow your clients to shop without financial limits.
So why wait? Install deposits & partial payments plugins for WooCommerce today, and watch your sales increase! In the comment section, let us know which plugin you use for online business.
