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Magento Recurring Payments
This elegant extension of Magento Recurring & Rental payments allows a store owner to provide subscription bases and rental services. For a single order multiple payments can be created and paid for by the buyers at a regular interval of time instead of one time full payment. With a twofold advantage this extension creates returning customers and allows multiple payments in a single order. The buyer pays the first installment as a token money and the rest of the payment is done in multiple installments. Just like a subscription for a book or a car or movie rental.
Recurring & Rental Payment extension features list:
- Recurring & Rental payment allows a store owner to provide subscription bases or continuous service in multiple chunks.
- A product can be enabled for recurring payment either specifically or in bulk with other products
- Amount of the recurring payment after the first payment can be set by the admin
- One time customer becomes a returning customer
- Multiple payments of smaller amounts are more affordable and therefore more preferable by buyers which attract them to the store.
- The payment due date reminder can be sent to the buyer as the date of the payment comes near by the admin.
- Major payment methods are supported by recurring payment. Some of them include 2checkout, authorized.net and Paypal.
All the features listed above are spread across multiple versions and upgrades of the extension which gives the store owners the benefit of choice when they are buying. Store owners can buy the version that best suits their requirements.
Above: magento reccuring payment
Above: Magento Recurring & Rental Payments