Not every customer can afford high-priced items from your WooCommerce store. Therefore, the sales count for those products remains low. However, you can increase sales of high-ticket products by introducing partial payments to customers.
This payment option reduces customers’ financial burden and improves conversion rates and sales. Hence, try adding partial payment to your WordPress shop. Additionally, you can explore other strategies to boost your store’s revenue by learning How to Increase Average Order Value In WooCommerce.
Read this article on how to accept partial payments to the end and learn the easy process to integrate such a payment system.
What is Partial Payment in WooCommerce?
Partial payment in WooCommerce refers to taking a portion of the total fee for an order, which is more like an initial payment. Many WooCommerce store owners utilize this payment system to sell high-priced items and increase sales.
If you have a WooCommerce store and sell expensive items, you might introduce this payment facility to your targeted customers. When you give such flexibility to shoppers, you’ll create a positive impression, build a long-lasting bond, and improve conversion rates and sales.
Should You Use Partial Payment?
Whether you should use partial payment depends on a few factors and your wishes. However, let’s take a look at those factors that motivate you to add partial payment to your store.
- You can integrate partial payment if you want to provide customers with more payment options.
- Add it when you prefer giving shoppers the ability to split their payments.
- Introduce this payment system to allow many customers to purchase high-ticket products.
- You can add this payment option in order to reduce your customers’ financial burden.
- Include this payment system if you want to encourage quicker purchase decisions.
- Utilize the partial payment if you sell pre-order or custom-made items.
- If you want to reduce cart abandonment, you might use this payment option.
- Integrate the partial payment if you offer services involving milestones and bill in phases.
Consider adding partial payment to your WooCommerce store if you find one or more factors mentioned above relatable.
👉Good Read: How to Add Discount on WooCommerce
How to Accept Partial Payments on WooCommerce
You can easily accept partial payment once you integrate a split payment system with your WooCommerce store. Here are the ways to add such a payment option.
Step 1: Use the Best Plugin for Partial Payment in WooCommerce
The first step in adding a partial payment option in WooCommerce is to select the best plugin for the job. However, while looking for such a plugin, you’ll find several options and get confused, wondering which one best suits you.
We suggest you not worry too much. Instead, consider the factors below when seeking a partial payment plugin for your WordPress shop.
- Ensure the plugin allows customers to pay a deposit up front
- Check if the plugin offers flexible deposit options
- Make sure your chosen plugin has a user-friendly interface
- Look for a plugin that supports diverse payment gateways
- Ensure the plugin is compatible with the latest version of WooCommerce, your theme, and other plugins
- Check if the plugin gets regular updates
- Inspect reviews from other users
- Check the developers’ reputation
- Compare with other plugins
After ensuring all these factors, go with a plugin. If you need a recommendation, we recommend ShopBuilder. It’s a top-quality store builder that features the ‘Partial Pay’ module to help you accept partial payments in your WooCommerce store.
It also features several other modules, each a standalone plugin, to help you create a professional store.
Step 2: Install and Activate ShopBuilder
Hold on! Before we install this plugin, we want to inform you that it has two versions: Free and Pro. Although it offers several modules with its free version, the ‘Partial Pay’ module comes in the Pro version only.
That means you need to purchase this plugin to be able to use the ‘Partial Pay’ module. However, the plugin is reasonable and its benefits justify its price.
So, try ShopBuilder’s premium version.
Follow the installation procedure after buying and receiving ShopBuilder‘s zipped file via email (you can download the file from the RadiusTheme website if you didn’t get it through email).
- Visit WP Admin Panel > Plugins > Add Plugin.
- Click “Upload Plugin” button.
- Press “Choose File” button to upload ShopBuilder’s zipped file you got via email or downloaded.
- Upload that file and hit “Install Now” button.
- Wait a while and click “Activate Plugin” button.
You are halfway done. You’ll now see a notification asking you to install and activate the ShopBuilder free version. Hence, do it by following the on-screen instructions.
Once you’ve done it, activate the plugin with a license key you got through your email.
- To do that, head over to WordPress Admin Dashboard > ShopBuilder > License.
- Now, write down the license key in “Licence key” field and press “Activate License” button. That’s it.
Step 3: Enable the Partial Pay Module
Now, enable the ‘Partial Pay’ module to accept partial payments in your WooCommerce store. Go to your admin panel and then head to ShopBuilder > Settings.
Now, make sure the ‘Modules’ tab is selected. Then, press ‘Partial Pay’ tab at the bottom right section.
You’ll now notice a pop-up with an “Enable Partial Pay?” switch. Turn it on.
You’ll then see several settings of the ‘Partial Pay’ module. Work on each setting. For example, toggle on “Show Partial Pay Availability Note” switch to showcase the partial pay availability note in shop, archive, related, upsell, and cross-sell sections.
Then, select your preferred option from the “Default payment type” drop-down menu. Also, use the “Restrict Payment Method in Checkout” drop-down menu to pick a payment method you want to restrict during checkout.
Now, scroll down to work on “Label Settings” and “User Access and Permissions” section. Finally, click “Save Changes” button.
We encourage you to read the Partial Pay documentation to learn more about these settings.
Step 4: Create a Partial Pay Rule
You’ve just enabled the ‘Partial Pay’ module. Now, you need to create a partial pay rule to collect partial payment. For your information, you need to define how you want to receive payments – do you want customers to send a fixed deposit or a percentage of the total amount? Also, do you want to offer a partial pay option on all products, product categories, or a few products?
You need to determine that by creating a rule inside the ‘Partial Pay’ module. So, let’s do it.
- Click “Partial Pay Rules” tab and press “Add New” button on the bottom left in the ‘Partial Pay’ module pop-up.
- Write a rule name in “Rule Title” field and select whether you want to include products, product categories, or product tags under the partial payment using “Applicable For” drop-down menu.
- Then, select products if you want to add partial payments to a few products using “Applicable Products” drop-down menu. Otherwise, leave it blank to include partial payment system in all products.
Now, head to “Amount Type” drop-down menu to determine a deposit option from ‘Percentage’ and ‘Fixed.’ Lastly, type the partial payment amount in “Partial Pay Amount” field and click “Save Changes” button.
Congrats! You’ve successfully added the partial payment system to your WooCommerce store. Now test it.
Step 5: Test the Partial Payment Option
Now that you’ve integrated the Partial Payment facility with your WordPress shop, you might check if it works by visiting the shop page and placing an order. That said, see ShopBuilder’s Partial Pay module in action through the animation below.
This is how customers can make partial payments and order products. Let’s now see how you’ll manage orders as a shop owner through the animation below.
Frequently Asked Questions (FAQs)
Why Should You Use ShopBuilder for Partial Payment?
You should use ShopBuilder for partial payment since it allows hassle-free integration. It offers flexible deposit options, allowing customers to afford high-ticket products. This module also gives you control over payment gateway restrictions and ensures a secure checkout.
Can I Accept WooCommerce Partial Payments Without a Plugin?
WooCommerce doesn’t have a built-in system to support partial payments. Therefore, you can’t accept WooCommerce partial payments without using a third-party plugin like ShopBuilder.
Can WooCommerce Do Recurring Payments?
Indeed, WooCommerce supports recurring payments using the WooCommerce Subscriptions plugin. This plugin lets you create and manage subscription-based products and automate recurring billing.
Wrapping Up
You can improve customer experience and easily sell high-ticket products by adding a partial payment option to your WooCommerce store. Now, you know how to integrate such a payment system with your store.
Follow the steps in this article to effortlessly add the partial payment option to your store. Try it to enhance your store’s functionality and increase sales.
