- 1 Partial.ly’s Features
- 2 Pricing & Trial Period
- 3 Partial.ly review
Partial.ly is an automated payment plan software used by online businesses and eCommerce companies to work out payment plans for customers. Customers may be in different financial positions and partial.ly helps to work out a payment plan in a way which works comfortably with the customer’s budget.
With Partial.ly, an online company doesn’t have to lose customers because something is ‘too expensive’. A payment plan can be worked out which suits each customer. Never lose a customer again because of a tight financial situation. Just use partial.ly and work it out.
Let’s have a look at some of the features of this automated payment plan software.
Abandoned cart recovery
Your online shop’s customer puts an item in their shopping cart. Then, they abandon their cart at the checkout. Your messaging software moves into action and send an email, reminding the customer that there’s a purchase awaiting completion.
The customer reverts stating inability to pay the required amount. Then you explain that a payment plan can be worked out. The customer pays a down payment, purchases their item and then pays in instalments, at regular intervals over an agreed period of time. So the company gets a sale and hopefully a loyal return customer.
Integration with third party softwares
Partial.ly integrates well with many other Internet platforms, including eCommerce sites like WooCommerce, BigCommerce, OpenCard, PrestaShop and Shopify. It also works with invoicing sites like Quickbooks, Freshbooks and Harvest. If you’re currently using these invoicing platforms, Partial.ly will integrate flawlessly.
Customers of Partial.ly can promote the company and be rewarded. Any customer whose affiliate link is used by a new Partial.ly customer will get 20% of the net profit.
To work with Partial.ly, you must open a stripe account. Stripe is an Internet payments company. Partial.ly can only be used in countries which have access to Stripe services. But once you’re working with Stripe you can avail of multi-currency payments, online payments, mobile payments, online invoicing and payment processing.
There is a good level of customer support here. Companies doing business with Partial.ly can get B2B (business to business) support. Customers using Partial.ly payment plans can avail of B2C (business to customer) support. The Support Team is on live chat on Eastern Standard Time from 9 am to 9 pm Monday to Friday.
Pricing & Trial Period
As mentioned, Partial.ly works in countries in which Stripe accounts are available. The quoted and official price is 5% for all transactions plus USD$0.30. Pricing features include:
- Partial.ly pays your Stripe fee
- Sign-up is, no credit card details necessary
- There are no monthly costs or fixed prices.
- Pricing is the same across all currencies
Apparently, a free trial is available but that’s subject to the individual customer’s relationship with Partial.ly.
After trying Partial.ly for a while, this is my impression. I think when it comes to credit control, many online entrepreneurs are not as talented as they are in marketing or in the skills or products they sell, and this tool makes this subject easier for them.
Finance is not everyone’s favourite subject. Partial.ly has made it possible for me to offer my customers a payment plan for up to three months. So for me at least, there’s no need to lose customers over price anymore. There’s no need to lower prices to attract customers either, which is great. When things go according to plan, it’s all good.
On the other hand, Partial.ly is not insured, which is not so great if you ask me. So sometimes when one of my customers using a Bank card files a chargeback, they get to keep the product without payment. So I lose money. I guess you have to take a chance sometimes, but you have to be a little discerning when offering a payment plan. Partial.ly should look into getting insurance, I feel.
- Number of features
- Learning curve
- User friendly