eLayaway®, Inc. (OTCBB: ELAY) (“eLayaway” or the “Company”), has today
announced the release of a new, customizable layaway payment plugin for
eCommerce merchants using the
Magento
platform. Merchants using the popular eCommerce platform will now be
able to expand their suite of payment options to include layaway powered
by
eLayaway,
the Internet’s largest third-party layaway payment technology. Magento
is one of the largest eCommerce platforms, hosting over 150,000+
businesses, including some of the world’s largest brands.
This is the second release this month that targets merchants using a
specific eCommerce platform. By offering their layaway solution across a
large network of merchants, eLayaway is able to spread the cost of
development across multiple merchants, making their layaway solutions
more affordable and accessible to smaller and medium-sized retailers.
More modules are expected as the Company works towards expanding its
merchant-user base.
“Merchants need solutions that are easy to implement and that will
have a positive and immediate effect to the bottom line,” said Tom
Carluccio, VP of IT Operations Management at eLayaway. “By eliminating
barriers to entry like cost and integration, more and more retailers
will be able offer layaway to their customers.”
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The Company’s latest modules will make it easier for merchants to
integrate
eLayaway into their existing checkout process. The eLayaway Payment
Module simplifies the administration of a retailers’ layaway program by:
- Immediately notifying merchants of a new layaway order
-
Scheduling payments to be automatically debited from the customer’s
checking account -
Providing real-time monitoring of each layaway plan through eLayaway’s
Merchant Control Center -
Alerting the merchant of items or services that are ready to be
fulfilled upon receipt of final payment
The eLayaway Payment Module is compatible with version 1.7.x, Magento’s
latest version, and can be downloaded for free by visiting this
link.
An eLayaway Merchant Account is required to use the module. eLayaway
charges a one-time, $99.95 setup fee to
integrate
the eLayaway Service. Thereafter, eLayaway Merchants are charged a
monthly service fee as low as $14.95.
About eLayaway, Inc.
