Use Indies Webs’ Partial Payment(Layaway) module for Magento which make your website accessible with Partial Payment method for your customer’s convenience. This Module will allow your customer to buy product from your web-store by paying only small amount of price of the product by the given payment method. They have to pay the rest price after at a certain period. By providing this convenient method of payment you’ll make your customers in to returning customers which will make your business tree grow.

How it works?
When a customer reaches at your store which is having Partial Payment Module installed then he/she will be given choice of buying the product by Partial Payment method. In this method the buyer will have to have to pay a certain amount of price of the product which can be set by the admin to buy it and some days will be given to pay price for the rest of the products. This time for the rest of the payment can also be changed by the admin.

Features:

• Not just the fixed percentage of the price but admin can set any price to be paid by the customer while buying it.
• Admin also can set the number of days in which the customer has to pay the rest of the price remains for the product he/she bought.
• Your web-store’s sales will be increased as customer can buy products having small amount price at that time.
• Customer will be also encouraged to buy many products instead of one because of this Partial Payment Method.

Q : Is it possible to allocate First installment amount to specific products? Means for one product I want to charge 30% upfront and for other product I want to make it 20%. Is it possible to achieve that with partial payment module?
A: It is possible to enable or disable partial payment for specific products. But first installment amount is not possible to change at this point. It needs additional customization into extension and you can ask us for this.

Q : Once my customer ordered the product with partial payment, how will he pay the next installment?
A: Next payments can be done with customers' "My Account Section" of your magento ecommerce store. There will be a dedicated link to pay the remaining balance of your online order.

Q: Does this layoff module developed with magento core order management system?

A: Yes Partial payment extension is developed with magento core order management system without changing the core part of magento. Hence it should be compatible with most of the customized stores and extensions which are maintaining and working on magento standards.

Q: Will partial payment module automatically charge the next installment to buyer?

A: Majority of the payment gateway will stop charging credit cards automatically. Or they will ask for several security options. Another option is that you can save the Credit card information into your site and later can charge the buyer using that. But this will be privacy issue. Hence partial payment module at present doesn’t charge the buyer automatically?

Q: Can I send reminder emails automatically to my buyers who purchased by paying partial amount?

A: Sure you can set time duration (for example of 30 days after first payment) in which buyer should finish his order payment and system can send buyer emails to remind the payments using a cron.

Q: Can partial payment use any payment method of Magento?

A: Partial payment module has been tested with all available standard methods like paypal, authorized.net, 2checkout and etc. may be some customization would have been required for additional special methods. We will be happy extending our support for that.

Q: Is it possible that my buyers pay by some different payment methods when they place the order with partial payment?

A: Yes you can have different payment methods for parital payment orders and regular orders. Some additional customization requires for that. It is not part of regular version of Module at present.

Q: I want to offer my customers the opportunity to pay 50% of the order at the checkout and the remaining 50% in cash on delivery. Would "Partial Payment Module" Magento extension allow to achieve that?

A: Yes you can do this with partial payment module and also can define which products you want to sell with partial payment and which of them without.

Q: Can we set a limit on the credits to be given to a customer using partial payment module?

A: Sorry partial payment does not offer any sort of credit limit at present. may be we can customize as per your request.