The Novalnet Subscription extension for Magento 2 allows product selling through subscriptions and recurring payments for steady revenue streams. The subscription business model is growing popular, attracting more customers, which yields predictable income. The extension allows merchants to create and manage subscriptions for any products with customizable billing cycles at defined intervals.
Once subscription payment mode is applied to a product/service, the customer can start subscribing to the product/service. Customers can choose their preferred subscription plan for the product and add it to cart along with one-off products. Thus, Novalnet subscription extension for Magento 2 allows mixed cart feature, where customers can purchase both single and recurring products in the same cart. In addition, customers can also purchase multiple subscriptions per order. Additionally you can integrate Novalnet payment extension for Magento 2 to manage payouts for recurring payments.
The Subscription extension is available for the magento versions 2.3.0 to 2.4.7-p1 in the following languages: EN & DE
- Create and manage subscription plans
- Configure subscription plans to one or more product(s)
- Manage customers’ subscription profiles
- Manual subscription cancellation from the admin panel
- Enable or disable Trial Subscription payment mode (Trial Billing Amount, Trial Billing Cycle, and Initial Fee)
- Accept recurring payments for Magento 2 shop system
- Customers can view and cancel their subscriptions from their dashboard
Novalnet’s Subscription extension for Magento 2 allows the Shop admin to create, suspend and cancel subscription plans for each product in the shop system
Create new subscription plans almost instantly by configuring the required number of payments, payment frequency, and several specific pricing parameters
Customize billing intervals and billing cycles for each product. You can set an initial amount as a fee for a subscription plan, there is no restriction for the initial fee value. Set up a trial period for any subscription from the admin panel. This lets customers try a product for free until a certain period
Shop admins can apply one or more subscription plans to a product. The product's plan can be set to be purchased as subscription only, one-time only, or in both variants.
This extension makes shopping easy by allowing carts to have both subscription type and one-time purchase products.
Remind subscribers of the next payment by sending them email alerts. The alert includes the next billing reminder and subscription cancellation option.
Conveniently keep track of recurring orders and their details under the ‘Recurring Profiles’ tab.
For detailed documentation and other technical inquiries, please send us an email at sales@novalnet.de
- Signup or login in the Magento Marketplace
- Purchase the Magento Subscription Extension by Novalnet
- Upload the package content into the root directory
- Upgrade, compile and deploy as explained in the section above
For more information about the Magento 2 Subscription Integration by Novalnet, please get in touch with us: sales@novalnet.de or +49 89 9230683-20
Novalnet AG
Zahlungsinstitut (ZAG)
Gutenbergstraße 7
D-85748 Garching
Deutschland
E-mail: sales@novalnet.de
Tel: +49 89 9230683-20
Web: www.novalnet.de
Novalnet AG is a leading financial service institution offering payment gateways for processing online payments. Operating in the market as a full payment service provider Novalnet AG provides online merchants user-friendly payment integration with all major shop systems and self-programmed sites.
Accept, manage and monitor payments all on one platform with one single contract!
Our SaaS engine is PCI DSS certified and designed to enable real-time risk management, secured payments via escrow accounts, efficient receivables management, dynamic member and subscription management, customized payment solutions for various business models (e.g. marketplaces, affiliate programs etc.) etc.