<h1>Offer Customers a Savings Plan to Buy Your Products</h1>
Savings Plan for WooCommerce helps users save for products you sell. When the buyer saves the total purchase price, it alerts them.
<h2>Types of Savings Plans</h2>
Fixed Installment
The user saves a fixed amount for a specified period.
Fixed Duration
The user saves for a product within a defined period. The user can save any amount, any number of times.
Indefinite Duration
In this Savings Plan type, there is no time limit. The user saves any amount any number of times.
<h2>Benefits</h2>
Convert potential prospects to customers
Offering a convenient way to save for future purchases within your site can help to convert potential prospects to customers.
Gain insights into future sales
Customers saving for purchases reveal future purchase intent. Track savings for products to predict purchase trends.
Attract new customers
Customers who benefit from savings plans may refer new users to your site.
<h2>How does it work?</h2>
Fixed Installments Savings Plan
<ul>
<li>A user lands on a single-product page.</li>
<li>If the user wants to purchase the product, they click the Add-to-Cart button.</li>
<li>If the user wants to save for the product, they have to select the Save-for-this-Product checkbox.</li>
<li>Once enabled, the available savings plans display in a dropdown menu.</li>
<li>Once a savings plan is selected, the following details will be displayed:
<ul>
<li>Number of installments</li>
<li>Installment amount and installment frequency</li>
<li>Plan the start date and end date</li>
</ul>
</li>
<li>When the user selects the Pay-First-Installment button, the product will add to the cart. Once payment is complete, the savings plan opens.</li>
<li>Your users can access their savings plan from their My Account Page > My Savings Plan.</li>
<li>The user will manually pay the remaining installments. You can optionally enable Automatic Payments when your users pay using WooCommerce Stripe Payment Gateway.</li>
</ul>
<figure style="width: 1080px" class="wp-caption alignnone"><img src="https://woocommerce.com/wp-content/uploads/2021/04/single-product-page-fixed-installment.png" alt="" width="1080" height="608" /><figcaption class="wp-caption-text">Fixed Installment Dates without Deposit </figcaption></figure>
<figure style="width: 1080px" class="wp-caption alignnone"><img src="https://woocommerce.com/wp-content/uploads/2021/04/single-product-page-fixed-duration.png" alt="" width="1080" height="608" /><figcaption class="wp-caption-text">Fixed Installment Dates with a Deposit</figcaption></figure>
Fixed Duration Savings Plan
<ul>
<li>A user lands on a single product page.</li>
<li>If the user wants to purchase the product, they click the Add-to-Cart button.</li>
<li>If the user wants to save for the product, they enable the Save-for-this-Product checkbox.</li>
<li>Once enabled, the available Savings Plans will display in a dropdown menu.</li>
<li>Once a Savings Plan is selected, the following details will display.
<ul>
<li>Plan start date and end date</li>
<li>A field to input the savings amount</li>
</ul>
</li>
<li>When the user selects the Pay-First-Installment button after inputting the savings amount, the product will add to the cart. The savings plan opens when the payment is complete.</li>
<li>Your users can access their savings plan from their My Account Page > My Savings Plan.The user will manually pay the remaining installments.</li>
<li>The Fixed Duration Savings Plan requires that the user saves for their chosen product within a defined time period. The user can save any amount, any number of times. You can optionally restrict the minimum or maximum amount of the savings plan.</li>
</ul>
<figure style="width: 1080px" class="wp-caption alignnone"><img src="https://woocommerce.com/wp-content/uploads/2021/04/single-product-page-indefinite-duration.png" alt="" width="1080" height="608" /><figcaption class="wp-caption-text">Fixed Duration with a Deposit and Indefinite Payments</figcaption></figure>
Indefinite Duration Savings Plan
<ul>
<li>A user lands on a single product page.</li>
<li>If the user wants to purchase the product, they click the Add-to-Cart button.</li>
<li>If the user wants to save for the product, they enable the Save-for-this-Product checkbox.</li>
<li>Once enabled, the available savings plans will display in a dropdown menu.</li>
<li>Once a savings plan is selected, the following details will display:
<ul>
<li>Plan start date</li>
<li>A field to input the savings amount</li>
</ul>
</li>
<li>When the user selects the Pay-First-Installment button after inputting the savings amount, the product will add to the cart. The savings plan opens when the payment is complete.</li>
<li>Your users can access their savings plan from their My Account Page > My Savings Plan.The user will manually pay the remaining installments.</li>
<li>In the Indefinite Duration Savings Plan type, there is no time limit. The user can save any amount, any number of times. You can optionally place a restriction on the minimum or maximum amount saved.</li>
</ul>
Product Fulfillment Process
<ul>
<li>Once all installments are paid, the user is notified by email. The emails contain links directing users to checkout pages.</li>
<li>On the checkout page, the user can review their shipping address and make changes if needed. Users can agree to pay shipping costs, if applicable, and place their orders.</li>
<li>Savings Plan for WooCommerce helps users to save for products sold in your shop and purchase them once they save the total price.</li>
</ul>
<figure style="width: 1080px" class="wp-caption alignnone"><img src="https://woocommerce.com/wp-content/uploads/2021/04/savings-plan-email.png" alt="" width="1080" height="608" /><figcaption class="wp-caption-text">Savings Plan Completed Email</figcaption></figure>
<figure style="width: 1080px" class="wp-caption alignnone"><img src="https://woocommerce.com/wp-content/uploads/2021/04/savings-plan-product-fulfillment.png" alt="" width="1080" height="608" /><figcaption class="wp-caption-text">Product Checkout After Saving the Money </figcaption></figure>
<h2>Requirements</h2>
Minimum PHP version: 5.6

Savings Plan

Savings Plan for WooCommerce helps users to save for products sold on your shop and receive them once the amount has been saved.

This extension allows to limit which payment methods customers can use at checkout. Restrictions can be based on group memberships, roles, countries, and order amounts. As a shop owner, you benefit from its efficient and flexible approach.
<ul class="wccom-tick-list-primary">
<li>Restrict the use of any payment method based on group memberships, roles, countries, and order amounts.</li>
<li>Free of complicated rules, easily manage which payment methods your customers are allowed to use.</li>
<li>Restrictions are conveniently managed for all payment methods in a subsection of the Payments settings.</li>
<li>The extension is very intuitive, quick, and easy to set up and use.</li>
</ul>
<h3>Restrictions</h3>
A new Restrictions section is added to the Payments settings, where payment method restrictions are shown and managed for all payment methods.
<img class="aligncenter size-full wp-image-18734004809230" src="https://woocommerce.com/wp-content/uploads/2025/01/RPM-Settings-Payments-Restrictions.png" alt="A colorful composition showing the Restrictions overview where settings are managed." width="980" height="780" />
 
<h3>Restriction Features</h3>
Payment methods can be restricted using one or more criteria:
Restrictions by Group Memberships
<ul>
<li>Restrict to Group Members: Limit the use of a payment method to members of one or several groups. The free <a href="https://wordpress.org/plugins/groups/">Groups</a> plugin is required for this option.</li>
<li>Exclude for Group Members: Exclude members of one or more groups from using a payment method. The free <a href="https://wordpress.org/plugins/groups/">Groups</a> plugin is required for this option.</li>
</ul>
Restrictions by Roles
<ul>
<li>Restrict to Roles: Limit the use of a payment method to one or more roles.</li>
<li>Exclude for Roles: Exclude one or more roles from using a payment method.</li>
</ul>
Restrictions by Countries
<ul>
<li>Restrict to Billing Countries: Limit the use of a payment method to one or more billing countries.</li>
<li>Exclude for Billing Countries: Exclude one or more billing countries from using a payment method.</li>
</ul>
Restrictions by Order Amount Limits
<ul>
<li>Minimum Order Amount: Restrict the use of a payment method to require a minimum order amount. Shipping and taxes can be excluded from the computation.</li>
<li>Maximum Order Amount: Restrict the use of a payment method to orders that do not exceed a certain order amount. Shipping and taxes can be excluded from the computation.</li>
</ul>
<img class="aligncenter size-full wp-image-18734004809233" src="https://woocommerce.com/wp-content/uploads/2025/01/RPM-Example-Settings.png" alt="A colorful composition showing examples of restriction settings for different payment methods." width="980" height="780" />
In addition to restrictions, settings for payment methods include options to:
<ul>
<li>Evaluate limits excluding taxes from order amounts.</li>
<li>Evaluate limits excluding shipping from order amounts.</li>
<li>Log debugging information about rejection reasons applied, which is helpful during tests.</li>
</ul>
The extension also integrates with WPML to support currency conversion for order amount restrictions.

Restrict Payment Methods

Limit the use of Payment Methods by Group Memberships, Roles, Countries, and Order Amounts.

Savings Plan vs Restrict Payment Methods