Store Credit | v1.2.0

Provide customers with easy-to-use credit system

Looking for an effective way to boost customer engagement and draw more new visitors? Want to equip your store with a powerful sales tool? With the Magento Store Credit extension you’ll enable registered customers to easily manage and spend their credit balance in your store. Apart from that, customers will be able to share their balance with friends, thus attracting new clients and increasing your sales.

Rich extension functionality will also help you convert refunds into sales - simply issue the refund to customers' credit balance and let them spend the credit on other products in your store.

Options for customers

Custom store credit amount

When purchasing the store credit customers can choose one of the predefined credit amounts or specify their own amount. Therefore, they'll be able to top up the store credit balance according to their specific needs.

Possibility to share credit balance with friends

With the store credit Magento tool sharing credit balance with friends has become as easy as it can be. Customers just need to specify the email address of the person they want to share their balance with as well as the credit amount and voila!

The credit receivers will be instantly notified via email and as soon as they log in to the account, they can start spending received funds on any products in your store.

It's also possible to share the credit balance with unregistered customers. Once the customer gets authorized using the corresponding email address, his/her balance will be automatically topped up.

Easy control over credit transactions

All store Magento credit transactions will be displayed on the customer account page, so that customers will easily keep track of all balance changes.

Subscription to balance updates

To be aware of the balance updates customers can subscribe to update notifications in the Store Credit tab.

Options for store administrators

Make quick refunds

Refund orders for which customers pay with the Magento store credit funds directly to their credit balance just in a few clicks. On the one hand, this option will help you to turn refunds into additional sales. On the other hand, it will take your store services to a quality new level and significantly improve customer experience. Moreover, now the module allows you to issue credit when an order is created from the backend. If you grant a credit, order total will be recalculated automatically.

Use advanced pricing options

Create different pricing types for each particular store credit product. You can:

• Set fixed amounts;
• Enable customers specify their own custom amount;
• Use both types simultaneously;

Moreover, flexible extension settings enable you to specify whether the store credit price will be equal to the whole credit value or to a specific percent from the credit value. The percent option enables you to offer tempting discounts and encourage customers willingly top up their store credit balance.

Manually update store credit balance

Easily add or deduct funds from the store credit balance of individual customers. This handy feature will help you quickly update particular balances and offer individual promotions.

Update customer credit in bulk

In case you need to update numerous credit balances at a time - use the mass update action. It will save you a lot of time and help to keep all credit balances timely updated.

View detailed credit transactions history

With the Magento store credit module you will always keep track of all credit transactions in your store. You can either view the history for each particular customer on the corresponding customer page or see the info about all credit transactions on the Credit Transactions History Grid. There are 5 operation types that will be displayed on the grid:

• Payment for a particular order (with the order number);
• Balance update by admin (in case the balance was manually updated by the admin user);
• Refund of a particular order (with the order number);
• Received from friend X (in case when one of the customers shared his/her balance);
• Credit purchase plus the order number;