Allow Customers to Purchase, Using Installment Payments
Use Layaway to allow your customers to purchase items using installment payments (prepaid or layaway). The feature is ideal for merchants wanting to provide additional payment flexibility.
Layaway program gives your customers an additional payment option where they can purchase on a payment plan that meets their budget
Checkout Experience
Payments can be made on any register in store, giving you and your team opportunities to engage with customers more often and build brand loyalty.
Flexible Payments
Offer your customers a way to make interest free flexible payments. They prepay on items and pick up only when paid in full, allowing you to manage your inventory.
Easy Accounting
Use our Smart Transaction System to track payments and generate customer balance reports, and see customer payment history to make accounting simple.
Additional Features
FLEXIBLE PAYMENT OPTIONS
Offer your customers an interest free payment option to provide more sales opportunities.
MAKE HIGH END PRODUCTS AFFORDABLE
Offering a layaway plan brings high end products within the financial; reach of more customers.
TRACKING OF LAYAWAY HISTORY
On the POS, you have access to see all payment history on the transaction, including dates of payments, amounts, and any fees charged.
AVAILABLE ON WINPOS
Retailcloud’s layaway (prepaid) program is available on our Windows POS.
CUSTOMIZED SET UP OF TERMS
You set the terms and conditions for your program and they are printed on every payment receipt for full customer disclosure.
CUSTOMER SIGNATURE OF ACCEPTANCE
Initial payment and all partial payments display the terms on the receipt with a signature line to prove acceptance.
PAYMENTS MAKE ON POS
The POS has easy access to accepting layaway payments, using any tender.
EASY SET UP FOR INSTANT AVAILABILITY
Your custom layaway program is easily set up and immediately ready for your first transaction.
ITEMS TAKEN FROM INVENTORY AT COMPLETION
Items on hold for layaway are not removed from your inventory count until you have completed the sale and actually given the merchandise to the customer.
REPORTING OF ALL LAYAWAY TRANSACTIONS
Reports are available to show all layaway transactions with current status, balances, and last payment date.
SET MINIMUM PAYMENTS
You have the flexibility to set up minimum payment terms, which can be dollar or percent.
SET CANCELLATION POLICY
You set the cancellation policy which is disclosed to the customer so that all parties are aware.
ABILITY TO MODIFY LAYAWAY TERMS
You have the ability to modify your layaway terms if your business needs change, with changes immediately reflected.
BALANCES AND PAYMENT HISTORY ON POS
You have quick access to see all layaway payments, fees paid, and balance for each layaway transaction.
TERMS DISCLOSED TO CUSTOMER ON SALES RECEIPT
Your customers are fully informed of your terms as they are printed on every payment receipt.
Watch Demo
Click below to view the demo, to get a sense of what Layaway can do for you
