Keeping the end user’s comfort in mind Apptha has been successfully delivering customer centric products. On that note, Apptha has launched Recurring Payments extension, with an objective of improving the customer’s accessibility to a product by enabling subscription based services.
What is Recurring Payments?
A good product piques a customer’s interest instantly. But customers might have their own reservations while purchasing the product owing to the doubts lurking in their mind with regard to usability and relevancy of a product in the long run or the towering price of the product. In such scenarios, recurring payments extension offers a quick fix solution by allowing products to be used by a customer on a subscription basis. The customers can choose a subscription plan based on their convenience. By opting for subscription plan money gets automatically debited from their debit/credit card at the start of every subscription billing cycle.
What is so special about this magento extension?
Apptha’s recurring payment extension gives customers four installment options namely Day, Week, Month and Year. Customers can choose any one of these four options based on their convenience and can make the payments via paypal express checkout. Recurring profile gets created when a customer registers and it gives them a clear picture of their subscription activities and payment transaction details.
If the customers wish to opt out of the subscription plan, they can do so from their recurring profile.
Backend options for the Admin
To formulate a subscription plan for a product, admin has three options namely ‘Billing Frequency’ for setting up the frequency of the bill payment, ‘Billing Cycle’ to terminate the billing period and ‘Billing Period Price’ to peg the product’s price during the subscription period.
Admin possesses the complete authority to enable subscription plan for every single product and also to activate or deactivate a subscription plan for a product. Further, Admin gets an exclusive dashboard for overseeing the recurring profiles of the customers, where activities of the customers like subscription plan activation/ deactivation gets displayed on the feed.
By installing this Magento Recurring Payments extension, you can save your precious time spent on creating and delivering invoices for the customers. Further offering an exorbitantly priced product at a cheaper price through subscription services not only attracts diverse customers but also builds customer loyalty over a period of time.
If you wish to offer subscription based services to your customers then you can do so by integrating this Magento extension to your eCommerce site. To know more,
Visit Recurring Payments