Flexi Pay: EMI Website Plugin Development

Our client belongs to the e-commerce industry where he had a thought to develop a WordPress Plugin that can offer EMI options along with the credit check of the users.

Challenge:

Our client is having an e-commerce business. The client had an idea to enhance the user experience by introducing a customized plugin for their multilanguage website. The goal was to provide customers with flexible pricing options, including EMI options for the selected months and their associated interest rates. The client also wanted to check the credit limit of the user first and based on that the system should check whether it is feasible to apply the EMI option for a particular user or not.

Solution:

Our development team has developed a robust plugin that easily integrates with the e-commerce website. Admins will have the ability to manage the default interest percentage and pricing options through the user-friendly backend. The plugin also allows users to set different prices for different products.

Key Features:

• EMI Pop-Up: The EMI pop-up helps the admins display custom EMI options for the products. The plugin will help the admin to display EMI options like EMI tenure (months), bank interest in percentage, monthly instalments and total amount to pay with a specific bank.   
• Multiple Bank: Admin will have an option to add multiple banks here and their interest percentages. This will help the admin to provide users with a wide range of selections.
• Mobile Responsive: Our development team makes sure to develop a mobile responsive plugin. The developed plugin ensures that users can have a seamless and visually appealing experience across various devices including smartphones and tablets. Our team has integrated the CSS to adapt the plugin’s layout and style based on different screen sizes. 
• Credit Check: The credit check functionality is developed by our team to check whether the user is eligible to apply for instalment plans. For this, after connecting with a reputed credit reporting service that provides APIs for the credit check, our team has integrated that API into the plugin. 
• Notification: The system will send email and SMS notifications to both the user and the admin letting them know about their credit check i.e. whether the user is eligible to avail EMI option or not. 
• Credit Limit Adjustment: As the user progresses with each payment of the instalment, the plugin will help to automatically adjust his credit limit. After each successful instalment, the credit limit of the user will be increased which will allow the users to make more purchases in the future. 
• Payment Gateways: To continue using the plugin after the trial period the users will need to proceed with the purchase plan. The different payment methods include Visa/Mastercard and  Mobile Wallets.

Result:

The new EMI plugin that our team has developed helped in improving how the online store worked. Now customers can choose from the different ways to pay installments, which makes it more flexible for the users.

Technologies and Tools:

• Frontend: WordPress
• Backend: PHP
• Database: MYSQL
• Tools: VS Code