Top 5 WooCommerce Deposits Plugins

Here are few WooCommerce Deposits Plugins below,

1. Ultimate Payment Plans for WooCommerce – by AspiringPlugins
3. WooCommerce Deposits – Partial Payments Plugin – by Webtomizer_Labs
4. WooCommerce Deposits – by WooCommerce
5. SUMO WooCommerce Payment Plans – by FantasticPlugins

Why do we need Ultimate Payment plans?

By default, site admin not able to create payment plans for the WooCommerce products and hence only option for the customers to purchase their products with the full price. This will reduce the customers satisfaction towards the purchase, in turn impact the site sales. The solution is Ultimate Payment Plans. By using this, customers can easily purchase their product as flexible and variable installment payments which ultimately reduces cart abandonment.
 
Features
  • Config payment plans using rules, storewide & productwide settings.
  • Config payment plans either optional or mandatory using rules.
  • Create payment plans using fixed price & fixed date.
  • Supports automatic payments via WooCommerce Stripe.
  • Supports automatic payments via Reward Gateway (requires Add-on for WooCommerce Points and Rewards plugin). [New]
  • Supports manual payments via any WooCommerce supported payment gateways.
  • Supports email reminders for automatic and manual payments.
  • Future payment orders will be generated on initial payment itself.
  • Customers can pay their future payments anytime via My account page.
  • Customers can apply WooCommerce coupons for the whole order, not just the initial amount.
  • Guests can place payment plan orders without having an account
  • Site admin can create custom email reminder templates.
  • Site admin can export plan order in CSV format.
  • Site admin can calculate payment plans based on regular / sale price. [New]
  • Site admin can allow coupon usage in cart / checkout.
  • Site admin can allow mixed checkout.
  • Site admin can force guests to create an account during classic checkout.
  • Site admin can grant downloadable content access either after initial payment / final payment.
  • Site admin can disable payment plans by user roles.
  • Site admin can disable specific payment gateways when the cart contains payment plans.
  • Site admin can restrict payment plans by specific countries. [New]
  • Site admin can change payment plan order statuses in bulk.
  • Site admin can filter payment plan orders using payment method.
  • Site admin can easily track customers placed payment plan orders.
  • Site admin can test custom email reminder templates instantly by sending email. [New]
  • Site admin can manually process scheduled payments. [New]
  • Site admin can manually retry failed payment. [New]
  • Setup custom email reminder templates to send different email content for various reminder intervals for their customers. 
  • Customer placed payment plan orders can be viewed on their Account page under the separate menu.
  • Separate emails are provided for payment plans.
Benefits
  • Easily customizable
  • Improves site revenue
  • Reduces admin workload while using Automatic Payments
  • Customers never miss their due payment while using email reminders
  • Improves admin tracking for customer’s deposit orders
  • More flexibility for your customers by letting them reserve a product and divide the payment into specific installments
What the plugin does?

Allow your customers to pay a deposit to book products or services and pay the balance at a later time.

How you can benefit from it:
  • You can sell products and services for which it’s better to request a deposit such as renting a room for an event, selling tailor-made high fashion clothing or custom products, etc.;
  • Offer flexibility to your customers by letting them reserve a product and divide the payment into two installments;
  • Choose the amount to ask to your customers as a deposit (a fixed amount or a percentage of the product price) and whether to set different values for specific products or categories;
  • For each product or service, you can choose when the balance order has to be paid for: set a specific date by using the calendar or a time range from the moment the deposit was paid for (e.g. 30 days);
  • Take advantage of the integration with our YITH Booking and Appointment plugin to let customers pay for a deposit and pay for the remaining balance later on (e.g. a week before they check-in at the hotel, three hours before the medical appointment, etc.).

WooCommerce Deposits is a premium WordPress and WooCommerce plugin for handling partial payments. Customers pay a fixed price or percentage up front. You can also force a deposit.

Features:
  • Accept or force deposits on products in your store.
  • Checkout mode to make deposits cart based and deposit option button located in checkout.
  • Automatic email reminders to pay remaining amount after specific number of days.
  • Select deposit type: Fixed value or percentage.
  • Customers can pay the remaining amount later by logging in.
  • Disable or enable deposits site-wide with a single click.
  • Disable specific payment gateways when there’s a deposit in cart.
  • Display custom messages when the deposit option is chosen.
  • Add new deposits from the order editor in the admin back-end.
  • Built for WooCommerce: Designed from the ground up to work with WooCommerce.
  • Compatible with WooCommerce Bookings: Multiply the deposit by persons on your bookings or collect a percentage of the total value.
  • Deposit reports are available in the WooCommerce reports panel.
  • Fully translatable: Compatible with WPML.
  • Comes pre-translated in the following languages: Arabic, Dutch, English, French, German, and Spanish.
Enable customers to pay for products using a deposit or a payment plan.
 
Features

SUMO WooCommerce Payment Plans is a Comprehensive WooCommerce Payment Plan Plugin using which you can configure different Payment Plans like Deposits with Balance Payment, Fixed Amount Installments, Variable Amount Installments, Down Payments with Installments etc in your WooCommerce Shop. Email Reminders(based on set up) will be sent when a Payment is due and all Payments can be made manually by the customers. Also Automatic Payment Charging using Stripe is supported.

Features
  • Most Comprehensive WooCommerce Deposits, Installments and Payment Plans Plugin
  • Automatic Payment Charging using Stripe-Credit Card(requires WooCommerce Stripe plugin)
  • Automatic Payment Charging using SUMO Payment Plans – PayPal Reference Transactions Payment Method (comes inbuilt with the plugin)
  • Manual Payments using any WooCommerce supported payment methods
  • Deposit Amount can be Predefined/User Defined
  • Book Any Product by Paying a Deposit Amount
  • Force Users to Pay a Deposit Amount
  • Time to Pay Balance Amount can be Configured
  • Balance Payment Due date can be set After Specific Number of Days of Deposit/set a Specific Due Date
  • Products can be Purchased in Installments
  • Multiple Payment Plans can be Configured
  • Installment Amount can be Fixed Amount/Variable Amount
  • Purchase Products by Paying Down Payment and the Remaining Amount in Installments
  • Interest can be Charged for Installment Payments
  • Due Date of each installment can be set as After Specific Number of Days of Previous Installment Payment/set a Specific Due Date
  • Installment Due Date Synchronization
  • Option to Charge Shipping Cost during Initial Payment/Final Payment(works if only one Deposit/Payment Plan product is in cart)
  • Order PaymentPlan for Non-Payment Plan products
  • Option to Hide Specific Payment Gateways when SUMO Payment Plan Product is in Cart
  • Payment Reminder Emails
  • Overdue Period Can be Set
  • Multiple Overdue Reminder Emails can be sent
  • Allow Users to Pay Multiple/All Installments at Once
  • Force Users to Purchase using Deposit/Payment Plans
  • Deposit/Payment Plan Price can be Calculated from Regular Price/Sale Price of the products
  • For Downloadable Products, grant download access after Initial Payment/Final Payment
  • Deposit/Payment Plan can be Scheduled
  • Compatible with SUMO Reward Points(requires SUMO Reward Points Plugin)
  • Compatible with WooCommerce Recover Abandoned Cart(requires WooCommerce Recover Abandoned Cart Plugin)
  • Compatible with SUMO Affiliates (Requires SUMO Affiliates Plugin)
  • Works with SUMO Memberships (Requires SUMO Memberships Plugin)
  • Highly customizable
  • WPML compatible
  • Translation ready

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