Indies’ new Recurring Payments Module for Magento will enrich your online store with a unique feature to allow recurring payments for a single product. There are two major advantages of this system. A customer can pay continuous but small amounts of money of the whole price of the product at time intervals set by the admin. So they don’t get overwhelmed by the price of any product. Second thing, you will get a regular customer who appreciates your payment method as it is convenient to him. It’s a win-win situation for both. This is just one case; you can use this module in so many varied ways that is limited by only your imagination. To name a few you can use it for subscription services or for use of virtual products with licenses or as for a tool of providing installments for extra costly products or as charging rentals for products rented out.
How it works?
After you’ve successfully installed Indies’ Recurring Payments module, when a potential buyer is surfing through your store and wants to buy any product he/she will can opt to buy a product or service that they can pay for as much as they use. It’s beneficial for both the customer and you as store owners. They will pay to use our product to use for a certain amount of time and after that they can either choose to continue using that product in which case they will pay again for the next amount of time or if they want to discontinue they can just stop using your product. Paying in chunks/subscriptions helps in increasing sell as it’s not a great amount all at once but small amounts over long time which is affordable.
The next time a customer checks his account he can see the orders as well as the payment due for the next period of time if he wants to continue. Also how many days are remaining for the use of the current payment is also displayed in his account.
- Recurring payment facility can be enabled/disabled for specific products. It doesn’t have to be either all products or no products.
- You can set the amount for the recurring payment.
- Since the customers are paying small amounts of money after certain number of days it is affordable for them and they will become your returning customers.
- You can send reminders to the customers for the payments due as the deadline for the payments comes near.
- Recurring Payments module is compatible with major known payment methods like Paypal Payflow Pro, authorized.net and 2checkout.
Q: This is a two part question:
1. I see no configuration or setup screens in admin. What is configurable in the extension?
A: After logging in your Magento admin go to System->Configuration. On the list of menus on the left bar you can see a new tab of INDIES SERVICES added. From there Select Subscriptions sub menu. From here you can change the settings of the extension.
2. What can I customize after I buy your extension?
A: You can customize following fields from admin after installing the recurring payment extension:
1.Whether guest buyers can use this facility or not.
2.At which process of order placement (pending, processing, complete, closed etc.) you want to activate this feature of
3.Alert for the next installment can be sent from a specific sender.
1.In the Shipping cost field; specify the cost of delivery that will be applied to all subscriptions. It will be applied to all the products together. If
you want to assign different shipping costs to different products you can do so from individual product edit pages.
2.You can also change the appearance on the frontend. (Show or hide various fields)
3.You can create various periodic subscriptions and set how much time or how many days before the payment needs to be paid.
Q: In the front end you have My Application option. Is this for software subscriptions? If yes where is the setup screen for this? Is there application plan currently in the shopping cart?
A: You need to check in the My Subscriptions menu and not in the My Applications on frontend for current subscriptions.
Q: I purchased a monthly subscription (order # 100000006) which I assume is recurring. But there is no recurring profile. Where can I check for that profile?
A: You can manage all your subscription from Catalog->Subscriptions->Subscription List. You can also keep track of all the customers who have subscribed from Customers->Subscribers List
Q: In checkout for an unregistered user I need to update the user database to include a username. Do I have access to this database after I install your extension?
A: Depends on what kind of operation are you doing to modify the database. This extension doesn't modify any default customer related information. You can ask us for any additional customization if you need it to be done after installing this extension.
Q: What are the admin screens to integrate with Payment methods ? Which Payment methods Recurring extension supports?
A: You need to Go to System-> Configuration-> SALES-> Payment methods
Currently we support these payment methods :
- PayPal Website Payments Pro (Direct Payments)
- PayPal Payflow Edition/PayPal UK (Direct Payments)
- AgroFire Payment
- Money Order
- Saved Credit Card
- Zero Check-out
Q: Can I use this module on any of my test domains or IP?
A: This extension comes with single domain license. You can’t use the module on domain other then the official licensed domain. You also won’t be able to use module with any IP as that will not show the domain name. However you have following test domains available for your development and testing work.
Q: In recurring payment module, will a customer be able to use separate credit cards for separate recurring products?
A: Yes this is possible but if and only if there are two separate orders for the both. This is because the recurring payment module captures the amount on the basis of order placed by the customer. The customer’s will have to use the same credit card throughout the complete payment cycle, which he used at the time of order placed.
- thanks for recurring Review by Brandon S
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- Satisfactory solution Review by Larry Grgino
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I won’t flaunt that this is the best ever recurring payment module available online but it’s definitely one to opt for.
(Posted on 1/3/13)
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