Magento extension PUT IT ON LAYAWAY (powered by PayPal) by Warrin
MageCloud partnered with Warrin to offer PUT IT ON LAYAWAY (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 LAYAWAY (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.
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A layaway payment plan checkout option for increasing sales & improving cash flow
Compatible with Magento 1.x
PUT IT ON LAYAWAY (powered by PayPal)
Add this extension PUT IT ON LAYAWAY (powered by PayPal) to your check-out. Your customers will then be offered this affordable layaway payment plan option when checking out products on your website. Layaway 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 (or more) monthly instalments and take delivery after the final instalment.What Does It Cost
For ConsumersThe customer pays a small 0.9% layaway fee, payable to Layaway payment gateway service provider.
For the Retailer
FREE. No hidden fees or ongoing membership costs are payable to Layaway.
Layaway also provides their extension plugin FREE of charge.
Merchants will pay their agreed discounted transactional fee they have in place with PayPal. Layaway 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.Layawayis not a new concept, it is a multi-billion dollar industry within the retail sector alone within the USA, Canada, All country currency codes supported.