Leaving a deposit to reserve a product and paying the balance later: it happened to all of us at least once, didn’t it? It’s a simple process: the customers spot a product on your e-commerce and want to reserve it ’cause they do not want to miss out on the offer, or they want to make sure you’ll keep it available for them, but they can’t pay the whole amount at that moment.

It might concern the latest iPhone model that’s not available on the market yet, the perfect gift for a friend who will celebrate her birthday next month, or an artist’s painting with a 50% discount: regardless of the product, if the customer cannot pay for the whole amount right away, there is no other choice than postponing the purchase or giving it up.

As a consequence, you lose sales and potential customers. Unless you decide to offer users the possibility to reserve products and services through a deposit and pay the remaining balance at a later time.

The plugin YITH WooCommerce Deposits / Down Payments Premium can make the difference in your e-commerce, especially if you sell medium to high-price products and want to make them affordable to a wider range of users: the higher the product prices are, the easier it is to lose all of those customers that cannot pay for the total amount at once.

Are you using our YITH Booking & Appointment plugin? Thanks to the dedicated integration, you can allow your customers to leave a deposit for the booking (of an apartment, trip, legal advice, etc.) and choose when they have to pay for the balance (e.g. three days before the booking start date).