How to Take Deposits on Shopify

Go to the payments settings of your website.

In the Select Payment Options, click on the option that says ‘Split Payment’. Within the first payment option, you need to enter the value of the first payment for the customer. You can then select the payment method and then select the ‘Complete the Payment’.

Within the next stage, you need to enter the amount that the customer is going to pay and then select how they’re going to pay and the ‘Complete the Payment’ option.

When you’re done, then you can click on the ‘Done’ option. This is how you take deposits on Shopify.

When the customer makes a partial payment through the payment gateway, then the order they have has partial payment (deposit) listed on the orders list. This allows you to see who has completed the order’s payment and who has not. This can be good if you’re waiting for payment before you release the finished product or service.

When the customer makes the final payment, you can finally mark the payment as complete, and then you can complete the fulfillment of the order (or mark it as completed).

There are numerous reasons why you might want to take deposits on your Shopify site. If you’ve got high ticket products, then you can use this option to get customers to commit to your products before completing the purchase later on. You might also want to have deposits when you offer a service and would like the customer to make a payment before you start work.

There are other options if you’re looking to create payment plans for your business. For instance, you can use an app that can offer you the same functionality but can allow you to do this over just a few products/services.

The payment plans can also make the process more automated.

A deposit can also be used for you to accept payments from numerous payment sources (credit cards or different customers). This gives your customers more choice without making it more challenging. One of the apps that you might want to use is Split Partial Payments.

Another option is to install the Klarna app that allows your customers to have a pay now and pay later scheme on their website. It is easy to install and can help you convert more people on your website into customers.

You can also access a Shopify Finances summary page to keep track of your store’s financial performance, including deposits and payments received.