Tag: digital payment

Prestashop Wallet System module_User Manual

1.1 Introduction

The Prestashop Wallet System module is an addon that enables the customer to make the payment for the product purchased at the time of check-out using the e-wallet system. Thus, simplifying the customer buying experience by providing them with a simple and easy-to-use digital payment method.

2. Installation Guide

The folder structure of the Prestashop Customer Wallet System module folder.

prestashop-wallet-system-module_folder-structure

Copy the module folder under the “root_directory/modules/” of the admin store via FTP or use the Prestashop interface to upload the plugin.
Further, after copying, the Prestashop module will be listed on the module listing page in the admin panel as given in the below screen.

The admin will be able to find the Prestashop Wallet System ready to be installed in the Modules in the admin PrestaShop store as shown below.
Therefore, click on the Install link to install the plugin.

3. User Manual

This User Manual provides the admin with the guidelines of this Prestashop Wallet System Addon. In fact, this e-wallet module contains 2 interfaces:

  • Admin Interface
  • Front-End Interface

3.1 Admin Interface

To access this module, click on the “Wallet Module” button of Prestashop Customer Wallet Addon. Further, on clicking, the admin will get three different options:

  • General Settings
  • Customer Wallets
  • Orders

3.1.1 General Settings

3.1.1.1 Enable/Disable the Module

Using this button the admin can easily enable the Prestashop Customer Wallet plugin. In fact, the admin just needs to toggle from No to Yes.

Note: The default value will be “No.”

3.1.1.2 Enable/Disable the partial payment

This Prestashop Customer Wallet Addon will help the admin empower the customer to make a part payment using the digital wallet. In addition, the remaining payment is usable from the other payment options. In fact, to enable this option the admin just needs to switch the Enable button from No to Yes.

3.1.1.3 Activate/Deactivate Allow negative balance

Through this option, the admin can simply allow the negative balance in the e-wallet. Further, the default option selected here will be No. In fact, if the admin wants to enable it, he needs to toggle the button to Yes.

Note: If the wallet amount is less than the total order amount then still the order will be placed and the wallet amount will be set in negative value.

3.1.1.4 Enable/Disable Allow order discount

Using this option, the admin can either enable or disable the option to permit a discount on placing an order using the wallet. However, the customer will be able to enjoy the discounted price of the product only when they choose Wallet as their payment option.

In addition to this, if the admin enables it, he will get different options

3.1.1.5 Minimum Cart Amount

This will help the admin to set the minimum order amount on which the discount will be applicable. For Instance, $100.

3.1.1.6 Discount Type

Using the Prestashop customer wallet addon, the admin will be able to choose between two different types of discounts:

a. Fixed: For Instance $10

b. Percentage: For Instance 10%

On the basis of this, the customer will be able to reap the benefits of discounts under this e-wallet system plugin.

3.1.1.7 Validity

This option of Prestashop Customer wallet addon will help the admin to set the time period for which the discount will be valid.

3.1.1.8 Initial Order Status

The admin can choose the initial order status to display when the customer chooses to pay from the wallet. The following are the options:

  • Awaiting Bank Wire Payment
  • Awaiting Cash on Delivery Validation
  • Canceled
  • Awaiting Check Payment
  • Delivered
  • Mobile App Awaiting PayPal Payment
  • Mobile App PayPal Payment Accepted
  • On Back Order (Not Paid)
  • On Back Order (Paid)
  • Payment Accepted
  • Payment Error
  • Processing in Progress
  • Refunded
  • Remote Payment Accepted
  • Shipped
3.1.1.9 Recharge Statuses

Depending on the Order status, the admin can set the recharge statuses. The options available are:

  • Awaiting Bank Wire Payment
  • Awaiting Cash on Delivery Validation
  • Canceled
  • Awaiting Check Payment
  • Delivered
  • Mobile App Awaiting PayPal Payment
  • Mobile App PayPal Payment Accepted
  • On Back Order (Not Paid)
  • On Back Order (Paid)
  • Payment Accepted
  • Payment Error
  • Processing in Progress
  • Refunded
  • Remote Payment Accepted
  • Shipped
3.1.1.10 Cancel Recharge Statuses

Depending on the Order status, the admin can cancel the recharge statuses. The options available are:

  • Awaiting Bank Wire Payment
  • Awaiting Cash on Delivery Validation
  • Canceled
  • Awaiting Check Payment
  • Delivered
  • Mobile App Awaiting PayPal Payment
  • Mobile App PayPal Payment Accepted
  • On Back Order (Not Paid)
  • On Back Order (Paid)
  • Payment Accepted
  • Payment Error
  • Processing in Progress
  • Refunded
  • Remote Payment Accepted
  • Shipped
3.1.1.11 Display a deposit funds link

By utilizing this option, the admin can easily enable or disable the static quick link. If this option is enabled the customer will be able to recharge the wallet while staying on the product page.

3.1.1.12 Product Name for the wallet

As the option suggests, the admin can easily set the e-wallet name. For instance, PSWALLET.

3.1.1.13 Upload Image

By using this option of the Prestashop customer wallet plugin, the admin can easily upload and set the image for the e-wallet.

3.1.1.14 Enable Minimum and Maximum Amount for Recharge

This option will allow the admin to set the minimum and maximum range for recharging the e-wallet. To enable this feature Switch the option from No to Yes.

  • Minimum Amount for Recharge: For instance $100
  • Maximum Amount for Recharge: For instance $500

Note: If you disable this option, the admin needs to set the default values for digital wallet recharge. Moreover, the admin needs to keep in mind that he needs to separate the default recharge values by comma.

3.1.1.15 Executing Cron functionality

The admin can add the cron to the store via control panel/putty to delete Recharge products automatically.

3.2 Customer Wallets

In this section of the Prestashop Customer Wallet System addon, the admin can track all the customers using the wallet. In fact, he can even view the following details of the customers:

  • Customer ID
  • Email
  • First Name
  • Last Name
  • Total Recharge
  • Amount Spent
  • Canceled/Pending Balance
  • Remaining Balance; and
  • Date Created

In fact, the admin can view a detailed report of every customer in this section. In addition, he can also edit the same. For instance, he can recharge the customer’s wallet. Further, he can even debit an amount from the same.

3.3 Wallet Orders

In this section of the Prestashop Customer Wallet Addon, the admin can view all the transactions made with the wallet. In addition, he can apply filters as per the date the orders were placed.

Please contact us at support@knowband.com for any query or custom change request as per your business requirement.

How is the demonetization move a boon for digital payment companies?

Since the Indian independence in the year 1947, the demonetization move to ban 500 and 1000 Indian currency notes is one of the biggest economic overhauls. The Indian Government headed by Prime Minister, Narendra Modi has decided to ban the old 500 and 1000 currency notes from the midnight of 8th November, 2016. The issued notification also informed people about the introduction of new currency notes and the selected use of old currency notes at various places till the midnight of 11th November, 2016.

The new currency denomination will be in the form of 500, 1000 and 2000 notes. Additionally, the people having the old currency notes of 500 and 1000 value can get them exchanged for new currency notes from 10th November onwards.

Well, the move has been hailed as the “masterstroke” move against black money, fake currency, and corruption, there have also been certain murmurs around. The tremors of demonetization were felt across the wide range of business spectrum but it was really a golden opportunity for eCommerce companies. Due to the ban on 500 and 1000 notes, people are having a hard time in buying groceries, dresses, cosmetics, electronic durables, and a host of other items through hard cash. In situations like this, online payment and digital wallet options have suddenly gained the huge attention. Let us offer you a quick tour of how the eCommerce companies reacted and took this bold decision in their strides.

Kunal Bahl, who is the co-founder and CEO of Snapdeal, an eCommerce marketplace platform expressed his opinion about this announcement through his tweet mentioned below:

Apart from Snapdeal, digital companies, as well as other eCommerce startups, have appreciated this big-bang move. Kunal Bahl further added that

“With this, the quantum of India’s economy moving through the digital pipes will witness massive growth. Both Snapdeal and FreeCharge are committed to supporting all such initiatives.”

Naveen Surya, who is the chairman of Payment Council of India (PCI) and the managing director of ItzCash stated,

“We welcome this extremely bold and much needed step by Prime Minister Modi and the government to cure us from disease of cash in our society. I along with Payment Council and India and ItzCash greatly admire this move and provide our full support.”

Trupay, a unified payments interface (UPI) company, which offers bank to bank payment solution was all praise about this great move. In the words of Rahul Gochhwal, a co-founder of Trupay,

“During the changeover period of phasing out old currency notes we really believe that a lot of people will move towards digital payments options due to curbs on roll out of new currency. People will now look at and embrace new age digital payments systems which are far more efficient to enable direct bank to bank retail payments.”

Paytm, a popular digital wallet company took it Twitter to convey their reaction by pushing forward their famous tagline.

Speaking with The Economic Times, Paytm founder, Vijay Shekhar expressed his views as

“In ecommerce, we will see more consumers do digital payments, CoD will reduce which means ecommerce will become more scalable in the long term. This is the best time to build a financial tech company in India. Every part of the country now wants digital to be successful.”

He also welcomed the decision whole heartedly.

Similar sentiments were echoed by Bipin Preet Singh, CEO and co-founder of MobiKwik, another digital wallet company. He considered the present economic reform as a milestone in the history of India. He said,

“Within a 50 day period, a billion Indians will change their payments behaviour – we will move from cash only to a cash-free economy. This a strong step taken by the Modi government and will benefit the growth of digital payments and digital banking in India.”

Digital payment and eCommerce companies are finding the present economic situation as the most lucrative option for their business and want to fully capitalize it. E-Commerce companies like Snapdeal, ShopClues and others are launching their own digital wallet payment option to offer a streamlined transition for customers who were earlier opting for “Cash on Delivery” (COD) method.

This is definitely a big radical change that will surely transform the way billions of Indians make their regular payments for various day-to-day services. If you are one of the eCommerce store owners, it is the ideal time for you to get involved in this marathon of digital payment. Start offering multiple digital eCommerce payment options and encourage customers for a quick online product purchase.

You can avail the wonderful eCommerce plugin development services of Knowband in this regard. The company can deliver you feature packed customized eCommerce plugins for digital payment on Magento, PrestaShop, and OpenCart platforms. So, be a part of this financial reform and achieve big with your eCommerce store.

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