10 Best WooCommerce Installment Payments Extensions

WooCommerce Installment Payments

By using WooCommerce installment payments extensions, you can offer partial payments on your website. This helps in improving customer experience as they can buy expensive products in installments. Ultimately, this will also increase sales and revenue as customers won’t leave your site empty-handed. Thus, we have shortlisted some of the best WooCommerce installment and deposit plans plugins so you can enable this feature on your site.   

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Best WooCommerce Installment Payments Plugins

  1. Splitit Installment Payments Enabler
  2. YITH WooCommerce Deposits and Down Payments
  3. WooCommerce Deposits by Webtomizer
  4. WooCommerce Deposit Down Payments
  5. Sumo WooCommerce Payment Plans
  6. WooCommerce Deposits
  7. Bayna
  8. WooCommerce Deposits and Part Payments
  9. Deposits for WooCommerce by Tyche Softwares
  10. WooCommerce Deposits Plugin by PluginHive

1. Splitit Installment Payments Enabler

Splitit

Through this WooCommerce installment payments plugin, you can enable customers to pay with their existing debit and credit cards in installments and fee-free monthly payments. It is used by hundreds of merchants and has helped in decreasing cart abandonment and increasing revenue. 

Key Features 

  • Enables your customers to pay overtime and interest-free.
  • No need for registration, application, or credit checks.
  • Transactions are guaranteed by a credit card issuer.
  • Level 1 PCI DSS compliant.
  • Supports all major credit cards and payment gateways. 

To download, click here.

Check out: Why You Should Prefer Managed Woocommerce Hosting Over Shared Hosting

2. YITH WooCommerce Deposits and Down Payments

Yith - WooCommerce Installment Payments

Offer your customers the chance to pay only a part of the product’s price by installing this WooCommerce installment payments plugin. You can sell or rent out luxury items such as clothing or an apartment in installments. This also helps in building customer loyalty and increases conversion rates as customers can buy a high-priced item through deposits.

Key Features 

  • You can set the deposit amount in fixed or percentage format.
  • You can also set the deposit expiration date.
  • Multiple labels which you can customize and edit to show on-site.
  • Send email notifications to both admin and customers about a deposit date or paid.
  • Support variable products and you can set a different deposit amount and date for each variation.  
  • WPML compatibility.

To download, click here.

3. WooCommerce Deposits by Webtomizer

WooCommerce Deposits

WooCommerce Deposits is a premium plugin that handles partial payments on products and deposits on bookings on your online store. This plugin is filled with features, such as you can easily accept or force deposits, send automatic email reminders to customers about an upcoming balance due date, and much more. It is built for WooCommerce and is also compatible with the WooCommerce Bookings plugin.

Key Features 

  • Enable checkout mode to show the deposit button on the checkout page and make deposits cart-based.
  • Fixed or percentage format deposit type.
  • You can customize messages to show customers when they choose the deposit/full amount option.
  • Provides deposit reports.
  • Fully translatable.
  • You can also disable specific payment gateways for the deposit option.

To download, click here

Related: Best WooCommerce Pre Order Plugins

4. WooCommerce Deposit Down Payments

WooCommerce Installment Payments - Deposit Down

This is another WooCommerce installment plan plugin that is simple in functionality and easy to use. With the help of this plugin, you can offer your customers the ease to pay later or pay in deposits.

Key Features

  • Admin can set the deposit option for more than one product.
  • Admins can set the deposit type to fixed or percentage format.
  • Customers have the option of partial payment or full payment later. 
  • Admin can enable/disable the full payment later option.

To download, click here

5. Sumo WooCommerce Payment Plans

SUMO

With this extensive WooCommerce installment plan plugin, you can offer your customers different payment options, such as down payment, deposits with balance, fixed, or variable amount installments. It supports Stripe for automatic payments or customers can pay their deposits manually as well.  

It consists of multiple features, such as the deposit amount can be defined by user role, you can charge interests in installments, or the option to make deposits mandatory. 

Key Features

  • Consists of multiple payment plans.
  • Customers can pay multiple installments at a single time.
  • Admin can also set a balance due date.
  • You can also hide payment plans from specific user roles.
  • Send payment reminder emails to your customers.
  • Customizable and translation ready.

To download, click here.

Related: Best WooCommerce Tips to Convert Visitors into Customers

6. WooCommerce Deposits

WooCommerce Deposits

This WooCommerce deposits plugin lets you create an installment payment plan where your customers can make a partial payment for pricier products or products specified by you. You can create a payment plan using variable percentages or intervals. It is easy to use and also provides an intuitive checkout experience for customers.

Key Features

  • You can create installment plans using variable percenatges and intervals.
  • Customers have the option to pay in full or deposits.
  • Explain payment plan with visuals on your WooCommerce checkout page.
  • Create custom payment schedules for days, weeks, or months.

To download, click here.

7. Bayna

Bayna

Bayna is another WooCommerce deposit and installment plugin that allows customers to pay in fixed or percentage amounts. This helps to gain customer attention and increase sales as now people are willing to buy products that are a little pricier. It will also help in increasing loyalty and customer satisfaction. This plugin provides multiple features in its free and premium program, such as support variable products, accepting all payment methods, etc.

Key Features

  • Customers can make full or partial payments,
  • Supports product variations.
  • You can customize the deposit settings for each product individually.
  • Deposit report sent to Admin.
  • You can prevent customers from adding deposit products when there are regular products in cart.

To download, click here.

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8. WooCommerce Deposits and Part Payments

WooCommerce Deposits and Part Payments

This WooCommerce deposit plugin enables you to accept part payments and create a flexible shopping experience for your customers. You have the option of accepting deposits on all products or selected. Moreover, you can accept installments in fixed or percentage amounts of the product. It is easy to use and beginner-friendly. The plugin has an intuitive user interface for easy management and settings.

Key Features

  • Enable full or part payments.
  • Automatically schedule the final payment order.
  • Give a discount to customers that pay in full.
  • Add fixed or percentage payments.
  • Excellent customer support available.

To download, click here.

9. Deposits for WooCommerce by Tyche Softwares

plugin by tyche softwares

With this WooCommerce installment plan plugin, you can accept partial or full payment from your customers. An interesting feature involves accepting partial payments in a certain time period with different percentages, such as first payment 20%, second payment 40%, and so on. Deposits can be made in a flat or percentage amount of the product. Moreover, you can also prevent coupon codes from being applied at checkout for deposit products.

Key Features

  • Create custom payment plans for different products.
  • You can take partial payments on the entire order rather than individual products as well.
  • Create payment schedules for days, weeks, months, or year.
  • Sends reminder emails to customers regarding pending payments.
  • Supports all WooCommerce payment gateways.

To download, click here.

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10. WooCommerce Deposits Plugin by PluginHive

deposit plugin by PluginHive

This WooCommerce deposit plugin provides you full control over the payment process. Either you can force deposits or give your customers the choice of full or partial payments. You can set a fixed or percentage deposit on your products and also create custom payment plans on your WooCommerce store.

Key Features

  • Customers can pay full or partial payments.
  • You can force deposits.
  • Enable/disbale deposits for specific products.
  • Custom create payment plans.
  • Provide a description for your deposit plan on product page.
  • Send reminder emails to customers.

To download, click here.

Looking for the best plugins? Check out our list of the best WooCommerce Extension stores


Final Words 

By enabling any of the above WooCommerce installment payments plugins, you can offer your customers multiple payment plans and increase customer satisfaction and sales