Hey-hey ❄️
Montonio's product team is back with another update of cool new features and updates to make your life as a merchant easier. Read on to find out what we've been building and releasing over the past few months 👇
💰 New Financing payment methods
We have an exciting new update regarding adding financing payment methods to your checkout! We've now partnered with Inbank to offer you a variety of financing methods that can help you increase shopping cart conversions even more.
We've summarised all Financing-related topics in our Help Center. Read about it to find out how to activate it, what's in it for you and much more.
Available methods
We will support flexible financing for larger purchases from 100€ and for 3-72 months. The customer will pay interest to Inbank.
There's also Pay later - which offers pay next month, pay in two or three parts. These are for smaller purchases and are interest-free for the customer. However, this means that there is a small service fee for the merchant.
Available for platforms: Woo, Magento2, Prestashop, OpenCart 3
💳 Embedded Checkout
Card fields in Checkout
If you want to make card payments even smoother and faster for your customers, then we've got a new solution for you!
Our updated plugins now include the possibility to add card payment fields directly to your checkout. This means that the customer can enter their card number, expiry and other relevant data ✨without leaving your checkout✨
Available for platforms: WooCommerce, Prestashop, Magento2
BLIK in Checkout
For the Polish market BLIK is the most important payment method there is. Now there's a way to increase BLIK payment conversions even more by collecting the BLIK code in your checkout.
Increase trust in your customer by turning on BLIK in Checkout in your plugin, so that the purchase can be completed without leaving your store.
Available for platforms: WooCommerce, Prestashop, Magento2
💸 Refunds & Payouts updates
XML format for payouts
In addition to excel file format, we've introduced a new format - XML. This can be used for both bank payment and card payment payout exports, to integrate better into your accounting and make automations easier.
XML payouts are also available via API, so call your developer to set up automatic payout matching right now ☎️
Here are the instructions for setting it up through the API.
Payout frequency
If you're using our refunding solution or card payments, then you receive regular payouts of money. It's now possible to adjust the payout frequencies yourself in our Partner System!
Currently available payout frequencies: Daily, Weekly and Monthly
📦 Shipping updates
Venipak shipping method
We are now collaborating with Venipak to offer you another cost-effective alternative to ship within the Baltics.
Supported methods across Baltics:
👉 Parcel machines
👉 Pick-up points
👉 Courier
If you haven't used Venipak before, do reach out to them and make a contract. Once you've set up your contract, you can come and activate Venipak in Montonio. Read more about how to set up Venipak here.
DPD Swedish parcel machines
If you've thought about expanding into the Nordics, then now you can do it easily with DPD. We've enabled DPD Swedish parcel machines in our shipping, so you can easily start sending to Sweden without a courier 🇸🇪
To support this in your checkout, go add Sweden as a shipping zone in your Woo plugin and add Montonio DPD parcel machines as a method to this zone. Also check with your account manager at DPD to see what kind of prices and rates you can get on this method 😉
🧩 Plugins
Here you'll find a short summary of the main upgrades to our plugins and the links to the latest versions. Get the latest versions from https://montonio.com/integrations/
Latest versions by 20.02.2024
WooCommerce v6.4.2
Magento2 - Montonio Payments & Financing v2.1.2
Magento1 - Montonio Gateway v2.2.3
Prestashop - Montonio 1.7 v1.4.12 & Montonio 1.6 v1.4.12
Refunding in Prestashop
In our last update we had just launched refunding for our payments, but now we've introduced this functionality into the plugins as well.
If you're using WooCommerce or Magento, it has been available for a while. But now we have also enabled refunding directly from Prestashop. Just go to the order you need to refund, click on the button and money will be on the way to the customer 💸
Shipping updates in WooCommerce
We've made a few adjustments to out shipping solution in the Woo plugin as well. Take a look at what's new:
Filtering by shipping provider under orders to enable easier printing per provider
Show parcel machine address in the checkout if you want, so it's easier for the customer to find where the parcel machine is located.
Possibility to create separate shipping labels for each product in the order???
🎛️ Partner System
Activate Montonio products for your stores
We've made it easier to get an overview which Montonio products each of your stores is using. Click "Go to Products" to browse and activate additional products for your store like Card payments or Bank payment refunds.
If you have additional questions and need our help, feel free to contact our support team via the chat in the bottom right corner.