<ul class="wccom-tick-list-primary">
<li><strong>Offer payment options</strong></li>
<li><strong>Define and customize payment plans</strong></li>
<li><strong>Increase customer satisfaction</strong></li>
<li><strong>Reduce cart abandonment</strong></li>
</ul>
<hr class="wccom-product-heading__hr" />
<p><strong>Payment Plan Suite</strong> allows you to sell more products by offering different payment plans.</p>
<h2>Benefits</h2>
<p><strong>Reduces cart abandonment</strong><br />
Customers often abandon their purchases because of budget constraints. Offer them easy ways to purchase expensive products and reduce the chances of cart abandonment.</p>
<p><strong>Attract new users</strong><br />
Existing users who benefit from purchasing products through payment plans are sure to refer new users to your site.</p>
<h2>Features</h2>
<h3><strong>Product-level deposit plans</strong></h3>
<p>If you sell made-to-order products in your Woo store, you can charge a deposit when customers place their orders, and they can pay the balance later.</p>
<figure id="attachment_18734003046270" aria-describedby="caption-attachment-18734003046270" style="width: 1123px" class="wp-caption alignnone"><img class="wp-image-18734003046270 size-full" src="https://woocommerce.com/wp-content/uploads/2023/10/Deposite-Plan-Suite-product.png" alt="" width="1123" height="666" /><figcaption id="caption-attachment-18734003046270" class="wp-caption-text"><strong>Deposit Details Displayed on Product Page</strong></figcaption></figure>
<h3><strong>Product-level payment plans</strong></h3>
<p>Users can pay for expensive products in multiple small installments of the product’s total price.</p>
<figure id="attachment_18734003046271" aria-describedby="caption-attachment-18734003046271" style="width: 1132px" class="wp-caption alignnone"><img class="wp-image-18734003046271 size-full" src="https://woocommerce.com/wp-content/uploads/2023/10/Product-Level-Payment-Plan-Suite.png" alt="" width="1132" height="800" /><figcaption id="caption-attachment-18734003046271" class="wp-caption-text"><strong>Payment Plan Details Displayed on Product Page</strong></figcaption></figure>
<h3><strong>Cart-level payment plans</strong></h3>
<p>Users can pay for their orders by converting cart subtotals into smaller installments.</p>
<figure id="attachment_18734003046269" aria-describedby="caption-attachment-18734003046269" style="width: 1156px" class="wp-caption alignnone"><img class="wp-image-18734003046269 size-full" src="https://woocommerce.com/wp-content/uploads/2023/10/Cart-Payment-Plan-Suite.png" alt="" width="1156" height="1296" /><figcaption id="caption-attachment-18734003046269" class="wp-caption-text"><strong>Payment Plan Selection on Cart Page</strong></figcaption></figure>
<h3><strong>Automatic payment support with Stripe</strong></h3>
<p>You can charge your users automatically for their installment payments using the Stripe payment gateway.</p>
<h3><strong>Specific due dates for payment plans</strong></h3>
<p>You can create payment plans with payment dates you define.</p>
<h3><strong>Collect all installment payments on the same day</strong></h3>
<p><strong>Payment Plan Suite</strong> includes an option for site admins to assign the same pay date for all installment payments. For example, all your customers can pay their installments on the first of each month.</p>
<h3><strong>Mixed payment options at checkout</strong></h3>
<p>Site admins can allow users to purchase products with alternate payment and immediate payment plans in a single transaction.</p>
<h3><strong>Customizable initial payment charging time</strong></h3>
<p>Site admins can decide when users must make initial payments.</p>
<h3><strong>Reminder emails</strong></h3>
<p>Site admins can send payment-reminder emails to users.</p>
<h3><strong>Customizable due dates and due amounts</strong></h3>
<p>Site admins can modify the due dates and amounts of upcoming payments.</p>
<h3><strong>Coupon support</strong></h3>
<p><strong>Payment Plan Suite</strong> includes an option for shoppers to use coupons with their payment plan purchases.</p>
<h3><strong>Additional customization options</strong></h3>
<ul>
<li>Select Box and Radio button field types.</li>
<li>Multiple positions to display payment plan options on your store’s frontend.</li>
<li><strong>Payment Plan Suite</strong> can calculate payment plans (based on percentages) from regular prices or sale prices.</li>
<li>For downloadable products, site admins can give file access during the initial order or upon final payment.</li>
<li>Site admins can reduce stock during the initial order or upon final payment.</li>
</ul>

Payment Plan Suite

<p>Offer customizable payment plans and reduce cart abandonment.</p>

<p>The <strong>Invoice Payment Option</strong> extension for WooCommerce enables you to add a new invoice payment method to let customers place orders without making any payment. Display the new payment option based on user roles, product in cart, order amount, quantity and other conditions.</p>
<p>You can rename the payment method to Pay Later, Pay by Invoice or give it any other name that suits your business requirements. Once the order is placed, the customer will receive the standard WooCommerce order email. If needed, you can also attach invoice PDF with the order emails.</p>
<p>After the order and payment confirmation, you can send a direct payment link using the default WooCommerce feature to let customers pay using the default WooCommerce checkout process. Alternatively, you can choose to receive payment via other channels such as banking checks, cash on delivery, etc.</p>
<h2>Use Cases:</h2>
<p>The following are use cases where this extension can be extremely helpful but not limited to!</p>
<p><strong>B2B Orders:</strong></p>
<p>When working with a company, they usually require an invoice before making the payment. Using this extension, you can allow your customers to place an order without payment. The admin can later on send the payment link to merchants to receive payment via WooCommerce default checkout.</p>
<p><strong>Bulk Orders:</strong></p>
<p>When placing bulk orders, the customers are sometimes reluctant to pay upfront and need assurance before paying. The extension allows them to place orders and once confirmed, they can proceed with the payment.</p>
<h2><strong>Features of Invoice Payment Method</strong></h2>
<ul>
<li>Automatically creates new payment method “Pay by Invoice”</li>
<li>Customize title, description and default order status</li>
<li>Create multiple rules to show invoice payment method based on
<ul>
<li>Customers and user roles</li>
<li>Specific products, categories or tags</li>
<li>Minimum & maximum order quantity and amount</li>
<li>Country, state, city and zip codes</li>
<li>Shipping method</li>
</ul>
</li>
<li>Generate and attach PDF invoice with orders emails<strong> (New)</strong></li>
<li>Separate email notification for customer and admin when order is placed using invoice payment option <strong> (New)</strong></li>
</ul>
<h2>Customize payment method label:</h2>
<p>Once the extension is installed, you can configure the newly created invoice payment method from WooCommerce > Settings > Payments. You can customize the label and other details of the payment method. You can also configure the default order status for orders placed using this payment option.</p>
<p><img class="alignnone size-full wp-image-8520897" src="https://woocommerce.com/wp-content/uploads/2021/09/invoice-payment-option.png" alt="" width="980" height="553" /></p>
<p>The invoice payment method appears along with other payment methods on the front-end.</p>
<p><img class="alignnone size-full wp-image-8520912" src="https://woocommerce.com/wp-content/uploads/2021/09/Invoice-payment-option-frontend.png" alt="" width="980" height="538" /></p>
<h2>Trigger Invoice Payment based on various condition:</h2>
<p>You can create multiple rules to trigger the invoice payment option based on variations conditions like product in cart, order amount, user roles, country and more.</p>
<p><img class="alignnone size-full wp-image-8520902" src="https://woocommerce.com/wp-content/uploads/2021/09/Create-restrictions-rules.jpg" alt="" width="980" height="439" /></p>
<p>While creating a new rule, you can configure the following options:</p>
<ul>
<li>Add rule title</li>
<li>Select shipping method (enable invoice payment option for selected shipping method)</li>
<li>Enable invoice payment for virtual products</li>
<li>Enable for selected customers and user roles</li>
<li>Enable for specific cart quantity and amount range</li>
<li>Enable for specific product, product category and tags</li>
<li>Show to selected countries, states, cities or zip codes</li>
</ul>
<p><img class="alignnone size-full wp-image-8520901" src="https://woocommerce.com/wp-content/uploads/2021/09/Creating-new-rule-for-invoice-payment-method.jpg" alt="" width="980" height="2263" /></p>
<h2>Invoice PDF</h2>
<p>You can attach a customizable PDF invoice with the orders placed using this “Invoice Payment Method”. The extension offers 3 different PDF templates to choose from. You can customize the PDF content and color scheme to match your business needs.</p>
<p>Using the extension settings, you can trigger separate email notifications for both customer and merchants when an order is placed using the invoice payment option.</p>
<p><img class="alignnone size-full wp-image-18734003700000" src="https://woocommerce.com/wp-content/uploads/2021/09/PDF-Invoice-1.png" alt="" width="980" height="912" /></p>
<h3>Requirements</h3>
<p>Minimum PHP version: 7.2</p>

Invoice Payment Option

<p>Order Now and Pay Later! Allow your customers to select invoice payment option during checkout to place orders. Add conditions to show invoice payment options for specific products, categories, countries, cart total, user roles and more.</p>

Payment Plan Suite vs Invoice Payment Option