Payment method based fee and discounts

Payment Method Based Fee and Discounts

Version: 1.1.1

Last Update: November 4, 2024

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Payment Method Based Fee and Discounts

This extension allows WooCommerce store owners to implement fees or discounts based on the payment gateway selected during checkout, helping to offset additional costs or incentivize preferred payment methods. It’s a flexible tool for managing payment-related fees, offering dynamic pricing rules that adapt to user roles, countries, and cart values.

Key Features:

  • Payment Gateway-Based Adjustments: Add fees or discounts based on the chosen payment gateway during checkout.
  • Fixed or Percentage Fees: Fees or discounts can be set as a fixed amount or a percentage of the total cart value, with the option to define minimum and maximum limits.
  • Rule-Based Configuration: Easily apply different fees or discounts depending on user roles, countries, or cart amount ranges. This allows you to set specific conditions for each payment method, such as charging extra for international payments or offering discounts for certain user groups.
  • Customizable Labels and Taxable Fees: Labels for fees or discounts can be customized, and you can also choose to make fees taxable if necessary.

Use Cases:

  1. Recover Payment Gateway Fees: Payment methods like PayPal often charge a transaction fee (e.g., 3%). This plugin allows you to recoup these costs by adding a percentage-based fee, protecting your profit margins.
  2. Charge Extra for COD: To cover the additional expenses or discourage the use of Cash on Delivery (COD), you can add an extra fee to COD payments. This is useful if your shipping provider charges extra for handling COD transactions.
  3. Offer Discounts on Preferred Gateways: If certain payment gateways provide better terms (lower fees, quicker payouts, easier dispute resolution), you can offer discounts to encourage customers to use these gateways, thus reducing your operational costs.

Rule-Based Management:

The plugin’s rule-based system lets you create multiple scenarios where fees or discounts are applied:

  • User Roles: Apply specific fees or discounts to customer groups (e.g., wholesale customers).
  • Countries: Charge extra fees for orders from certain countries where payment gateways impose higher transaction fees.
  • Cart Amount Ranges: Set fee or discount thresholds based on cart totals, such as offering discounts for larger purchases or adding fees for smaller orders.

Example Scenarios:

  • Add a 3% fee for PayPal transactions to recover transaction costs.
  • Apply an extra fee for COD orders to cover the added cost of manual invoicing or shipping company fees.
  • Offer a 5% discount for using a gateway with low transaction fees, encouraging customers to choose a more cost-effective payment method.

This plugin provides an effective way to manage the varying costs associated with different payment methods, giving you full control over how fees or discounts are applied. With the ability to set conditions and rules, it’s a powerful tool for optimizing your store’s profitability and incentivizing customers to use preferred payment gateways.

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