This Magento2 deposit payment extension allows the admin to create various attractive payment plans. The admin can enable customers to purchase products by paying a downpayment amount. The remaining amount can be paid in one or multiple installments, depending upon the payment plan defined by the admin. You can buy this extension here: https://www.milople.com/magento-2-extensions/deposit-payment-m2.html

2. Introduction
With our Deposit Payment extension for Magento 2, you can
allow your customers to pay a deposit amount during the
purchase and the remaining amount can be paid in one or
multiple instalments.
It is extremely easy for the admin to create payment plans,
manage orders, interact with customers through personalized
notifications and more. This Magento2 Deposit payment
extension is especially useful for businesses which sell expensive
products as it lets the customers to pay hefty amounts with
instalments.

3. Deposit payment enabled product
page
Customers can choose
appropriate instalment plan and
can add products to the cart.
These instalment options are
created by the admin from the
backend.

4. Extension configuration
After buying the extension, you can configure
by navigating here through Magento backend.
You can access your serial
key from My account
dashboard and enter here
to activate the module.
This block explains how the
admin can enable/disable the
deposit payment extension
from the admin panel.

5. Setting Deposit payment brand label
The admin can customize
the deposit payment
brand name, to be
displayed on the frontend.
Backend admin panel.
Frontend

6. Choose where to apply deposit
payment
Choose which customers
will have deposit payment
facility.
Choose which product
groups will have deposit
payment feature.

7. Creating payment plans
Define the number of
instalments in which the
buyer has to complete
the payment.
Set this to “Yes” in order
to allow the customer to
checkout with full
payment.
Select the deposit
payment type.

8. Flexi Layaway plan
Selecting “Flexi Layaway Plan” will break up product price
into equal amounts according to number of instalments that
you have set earlier. These many instalment options will be
available to the customer on the frontend.

9. Fixed Instalment plan

10. Payment plan and down payment
settings
How do you wish to calculate
down payment?
Set down payment amount to be
paid by the buyer.
Choose if buyers have to pay
monthly, weekly or daily.

11. How admin can set maximum credit
limit?
The admin can define maximum credit limit for buyers and a set ‘credit limit
surpassed message’. On crossing this limit, buyers will not be able to place
orders with deposit payment, and this message will be displayed.

12. Adding Instalment Fee
Admin can customize
instalment fee label to
anything of his/her
choice.
E.g. payment fee
Choose how to
calculate instalment
fee.
Set instalment fee to
be added.
Choose where to apply
instalment fee.

13. Discount and Shipping calculations
When the deposit payment option is applied to “All Products” and
“Whole cart”, the admin has a facility to add these discount amount and
shipping charges to the down payment amount or to distribute these
equally among all instalments.

14. Manage product specific Deposit
payment features
The admin can navigate to the catalogue section and select
desired products and “Edit” those to apply deposit payment
features specifically to those products.

15. Clicking on “Edit” for the desired product helps the admin to set product specific
deposit payment features.

16. Adding Category image
The store admin can upload an image that would be visible on the
frontend alongside the product. This is generally used to explain the
customers that a particular product is available with deposit payment.
Backend
Frontend
This image says ”Buy
now, Pay Later”, thus
explaining the deposit
payment feature.

17. Setting Minimum order amount
When deposit payment is applied to “Whole cart”, then the admin
has the option to set a minimum order amount. Buyers will be able to
place orders with deposit payment facility, only if they purchase
products worth more than this amount.

18. Email Settings
This Magento2 Deposit payment extension allows the admin to
communicate via email in order to encourage proper engagement with the
customer. The store admin can communicate with the customer on various
events such as order confirmation, payment confirmation, payment
reminder, payment failure, instalment overdue etc.

19. Instalment reminder and order
confirmation emails

20. Payment failure and payment
confirmation emails

21. Order management
All deposit payment orders with complete details are available
in a backend grid. This makes order management easy.

22. Support and Feedback
Store admin can come in direct contact with the Milople Inc. from his/her own
E-commerce store itself.
You can contact us at www.milople.com/support.
Store Admin can have the complete detail of the Magento2 Deposit Payment
extension that is being installed in his/her store.