Magento extension PUT IT ON LAY-BUY (powered by PayPal) by Warrin

MageCloud partnered with Warrin to offer PUT IT ON LAY-BUY (powered by PayPal) in your MageCloud panel for our simple 1-click installation option. To install this extension - create your account with MageCloud and launch a new Magento store. It takes only 3 minutes.

Warrin always provides support for customers who have installed PUT IT ON LAY-BUY (powered by PayPal) Magento module. Feel free to leave a review for the company and the extension so we can offer you better products and services in the future.

You may want to check other Warrin Magento extensions available at MageCloud and even get extensions from hundreds of other Magento developers using our marketplace.

A layby payment plan checkout option for increasing sales & improving cash flow.

Compatible with Magento 1.x

PUT IT ON LAY-BUY (powered by PayPal)

Add this extension PUT IT ON LAY-BUY (powered by PayPal) to your checkout or as an express payment option. Your customers will then be offered this affordable layby payment plan option when checking out products on your website. Lay-Buy is an affordable payment plan option where the buyer gets to pay-off a product or service via 1 down-payment and the balance over 1, 2 or 3 monthly instalments and take delivery after the final instalment.


What Does It Cost

For Consumers
The customer pays a small 0.9% layby fee, payable to Lay-Buys.

For the Retailer
FREE. No hidden fees or ongoing membership costs are payable to Lay-Buys.

Lay-Buys also provide their extension plugin FREE of charge.

Merchants will pay their agreed discounted transactional fee they have in place with PayPal. Lay-Buys do not charge any transaction fee.


Additional Features

Also set the payment method to only be active at checkout per:
1. Minimum checkout cart total
2. Allowed categories
3. Allowed customer groups
4. Exclude products


Industry

Merchants are paid the down-payment and all instalment payments into their PayPal account, but only deliver the product or service after final instalment payment.

Lay-Buy is not a new concept, it is a multi-billion dollar industry within the retail sector alone. The most invested countries that provide layby or layaway options include USA, Canada, Australia, New Zealand and South