Be proactive and give your consumers money-saving options by allowing them to choose the most convenient payment method.
Is the final price of your product correct?
Every time you need to price a new product for sale, many questions arise: you want to get your consumers right, but anything can interfere with your final price judgment, and good intentions are not enough.
Some of these queries may be related to the price your preferred payment gateway charges for each transaction.
The most important caveat is that if you plan to add this cost directly to the final product price, your consumer's decision may be influenced and they may end up buying from another store at a lower price.Not only are you losing sales now, but future customers as well.
Obviously, you can't lose money, but adding that cost to the final price isn't ideal either, since each gateway has its own set of fees, and even if the user likes it, you'll end up advertising an expensive payment method that isn't needed it.
The fix is simple; all you have to do is apply the markup the moment your customer chooses their payment method, and you won't have to raise the price of your product; in fact, you'll be able to cut it!
YITH Dynamic Pricing Per PaymentThe WooCommerce Approachis the ultimate solution to this problem, which until now has hindered customers from making purchases.
Once installed, you can choose whether to increase the price (either by a percentage or a fixed number), and whether to apply a discount to the total cost of the transaction.
To maintain full control, you will be able to set increases or discounts for specific time periods.
Consider offering a payment method; in this case, you can alert your consumers to promotions and apply discounts dynamically throughout the checkout process with just a few clicks.
Due to limitations of the WooCommerce plugin, this feature does not work for orders placed manually from the backend by an admin or store manager.
In fact, the payment page shows and accepts payment for existing purchases, but does not allow order updates.Since this page does not use AJAX to reload totals like checkout does, order totals will not be recalculated and no changes will be seen, including additional charges based on the payment option selected.
Features: YITH Dynamic Pricing per Payment Method for WooCommerce
- Assign a different fixed discount to each payment method in your store.
- Create a separate set of pricing rules for each possible payment option.
- Apply cart surcharges or discounts based on your chosen payment method.
- The price modification can be a fixed amount or a percentage amount based on the cart subtotal.
- In the checkout form, note the payment method you selected.
- Select the user roles that will be affected by the rule.
- Apply this rule if there is a specific product in the cart.
- This rule is only enabled if the cart subtotal matches the specified minimum and maximum values.
- After selecting a payment method, include or remove tax from the cart amount for applicable price changes.
- Select a start and end date for the payment method-based rule.
- YITH WooCommerce EU VAT, OSS and IOSS integration
Changelog: YITH Dynamic Pricing per Payment Method for WooCommerce
1.6.0 – RELEASED ON 10 NOVEMBER 2021 New: support for WooCommerce 5.9 Update: YITH plugin framework Dev: fixed functionality in order pay page 1.5.0 – RELEASED ON 07 OCTOBER 2021 New: Support for WooCommerce 5.8 Update: YITH plugin framework Fix: bug in the multiple selector of products by rule 1.4.1 - RELEASED: 27 SEPTEMBER 2021 Update: YITH plugin framework Fix: debug info feature removed for all logged in users 1.4.0 - RELEASED: 17 SEPTEMBER 2021 New: Support for WooCommerce 5.7 Update: YITH plugin framework Fix: fixed issue with the EU VAT integration 1.3.2 - RELEASED: 12 AUGUST 2021 New: Support for WooCommerce 5.6 Update: YITH plugin framework Fix: load issue with third party (EU VAT and AELIA integrations) 1.3.1 - RELEASED: 06 JULY 2021 New: Support for WooCommerce 5.5 New: Support for WordPress 5.8 Update: YITH plugin framework 1.3.0 - RELEASED: 03 JUNE 2021 Tweak: increase query performance on checkout 1.2.25 - RELEASED: 27 MAY 2021 Fix: problem on rules with decimal amounts. 1.2.24 - RELEASED: 24 MAY 2021 New: Support for WooCommerce 5.4 Tweak: improve rule configuration style Update: YITH plugin framework Dev: yith_wcdppm_get_amount_gateway_type 1.2.23 - RELEASED: 12 APRIL 2021 New: Support for WooCommerce 5.2 New: Added German formal translation Update: YITH plugin framework Tweak: Rename main function according to phpcs standars 1.2.22 - RELEASED: 08 MARCH 2021 New: Support for WooCommerce 5.1 New: Support for WordPress 5.7 Update: YITH plugin framework 1.2.21 - RELEASED ON 09 FEBRUARY - 2021 New: Support for WooCommerce 5.0 Update: YITH plugin framework 1.2.20 - RELEASED ON 13 JANUARY - 2021 New: Support to WooCommerce 4.9 Update: Plugin-fw 1.2.19 - RELEASED ON 28 DECEMBER - 2020 New: French translation Update: plugin framework Update: Deutsch language 1.2.18 - RELEASED ON 04 DECEMBER - 2020 New: Support to WooCommerce 4.8 Update: Plugin-fw 1.2.17 - RELEASED ON 04 NOVEMBER - 2020 New: Support to WooCommerce 4.7 New: Support for WordPress 5.6 Update: Plugin-fw Dev: Filter yith_wcdppm_calculate_get_amount 1.2.16 - RELEASED ON 02 OCTOBER - 2020 New: Support to WooCommerce 4.6 Update: Plugin-fw Tweak: Add gateway title on some gateways that doesn't have a title registered 1.2.15 - RELEASED ON 14 SEPTEMBER - 2020 New: Support to WooCommerce 4.5 New: Support for WordPress 5.5 Update: Plugin-fw Update: .pot file 1.2.14 - RELEASED ON 07 JULY - 2020 New: Support to WooCommerce 4.3 Update: Plugin-fw 1.2.13 - RELEASED ON 21 MAY - 2020 New: Support to WooCommerce 4.2 Update: Plugin-fw 1.2.12 - RELEASED ON 29 APRIL - 2020 New: Support to WooCommerce 4.1 Update: Plugin-fw Update: .pot file Update: Italian language Dev: Escape all strings