Accepting Partial Payment on Shopify

Posted by Stephen on February 22nd, 2021

Shopify payment, particularly Partial Payment may be another idea to numerous individuals, however, truth be told, it has been getting mainstream in numerous eCommerce stages these days, including Shopify. Shopify Partial Payment permits its clients to expand their payment plans and holds making a beeline for their interaction of pre-orders. Despite its current limit, partial payment in Shopify actually wins customers' trust by assuming a basic part in driving eCommerce deals and giving the web customers more opportunity.

Prior to going further, how about we discover what the partial payment is and how to acknowledge partial payment in Shopify.

What's Partial Payment?

Definition

Partial payment is associated with the proposal of payment by checking for less than the fill amount noticed by the creditor. In other words, it literally serves as a payment to fulfill a portion of the total amount. Partial payment is a disbursement corresponding to only a fraction of a given amount commitment.

Examples

Should you find it hard to understand the above clarification, you are strongly recommended to look at the following examples.

We have got a customer, namely Jany. Jany is now 25 years old and he works as a graduated linguist. He is offered a good job in a big manufacturing company and since then, he has been saving his money to serve his personal needs and student loans. Jany has a desire to purchase an old car from his best friends. However, everything does not seem going in the right direction as he is a little bit worried about this car’s performance in spite of agreeing with his friends on the deal at USD 5,000.

While the car has been used, there will exist hidden damages and repairs, Jany comes up with a decision on wishing to negotiate his first partial payment of 70 percent and the balance of 30% shall be paid in 2 months. Fortunately, his friend accepts this and he also acknowledges that any non-disclosed damages will have to be deducted from the balance amount.

How to collect the balance on a partially-paid order

Step 1: Select the partially-paid order

The initial thing you need to do is to tap the partially-paid order on the Orders screen.

Step 2: Choose Take payment

Next, choose Take payment to get other payments on the order.

Step 3: Opt for Add payment

Then, choose Add payment to keep going on.

Step 4: Select a payment method

In this step, you can select a payment method.

Step 5: Enter payment amount, then tap Accept or Charge

When the full balance is shown, you can tap the payment amount to change it if necessary. After that, tap Accept or Charge.

Step 6: Click Done

Whenever the full balance is paid, don’t forget to click Done.

How to accept slit Partial Payment in Shopify with the POS

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Read more at the article sources: https://avada.io/shopify/docs/shopify-partial-payment.html