In order to configure Layaway Plans in Magento 2 store, you need to have Magento 2 Layaway Partial Payment extension developed by FME, which allows the users to buy products in easy installments. You can setup global or product specific layaway plans. Set down payment, total installments, installment period unit and installment interval. Charge a layaway fee in order to generate more revenue. The users can view the payment detail on the 'Add to Cart' page, before purchase, and view layaway orders & installments details in account section.
This Partial Payment Magento 2 extension allows you to Configure Global layaway plans that are applied to the entire store products. For this, Admin will have to set following configuration settings.
In order to configure Magento 2 partial payment plan for a specific product, admin will have to set the following configuration settings.
You can also use the configuration settings for specific products by clicking the checkbox against each field in layaway tab.