Magento Partial Payment is a Magento extension that makes it possible for customers to pay the order amount in installments. It charges an initial down payment to book the order, and allows the remaining amount to be paid in instalments. It can also be used as a layaway solution. This way customers get the option to purchase multiple products simultaneously with a lower budget and can manage their finances.
Magento Customer Specific Pricing allows customers to bargain on prices and buy products at the best suitable price. The merchant can define the limit of the bargaining amount, and it allows them to sell products at a discount to customers with low budgets. It is ideal for online charity Web sites where products are normally higher priced but can be reduced for certain people.