Top 25+ Magento 2 B2B modules to better your wholesale website. Buy more & pay lessExplore Now

Magento 2 Store Credit

500+ downloads
Rating:
93% of 100
For some reasons, customers ask for refund, get their money back, and even turn away forever. Merchants, on the other hand, feel daunting at sending back money earned. Say goodbye to such the situation, as you have Magento 2 Store Credit extension.
  • Refund store credits to customers’ accounts
  • Check detailed credit transactions
  • Allow customers to purchase with their store credits
  • Provide customers with visible page to keep track of their credit wallet
  • Work well with both default and integrated payment methods: Paypal Express, Klarna, Braintree and Stripe 
  • Support REST and GraphQL APIs
  • Compatible with Porto theme & the Fastest and Infinit of Codazon

⇒ Need more customization for this module? Contact us now!

⇒ Don't miss out Magento 2 B2B Extension to maximize B2B performance | All-in-one solution for your website!

Community: 2.2.x - 2.3.x - 2.4.2
For some reasons, customers ask for refund, get their money back, and even turn away forever. Merchants, on the other hand, feel daunting at sending back money earned. Say goodbye to such the situation, as you have Magento 2 Store Credit extension.
  • Refund store credits to customers’ accounts
  • Check detailed credit transactions
  • Allow customers to purchase with their store credits
  • Provide customers with visible page to keep track of their credit wallet
  • Work well with both default and integrated payment methods: Paypal Express, Klarna, Braintree and Stripe 
  • Support REST and GraphQL APIs
  • Compatible with Porto theme & the Fastest and Infinit of Codazon

⇒ Need more customization for this module? Contact us now!

⇒ Don't miss out Magento 2 B2B Extension to maximize B2B performance | All-in-one solution for your website!

Community: 2.2.x - 2.3.x - 2.4.2
Links
 

Free
1-Year Support

 

Free
Lifetime Update

 

Free
Installation

 

(*) 30-Day
Money Back

$119.00

 

Why Refund by Store Credit is Recommended?

Some might be surprised at how popularly store credit is used, especially for the refund in e-commercial retail. Even several stores note that “No Cash Refund. Exchange or Store Credit only!”

 

Why in the world would merchants prefer store credit refund to cash refund?

 

1. Keep money on pocket - Turn refund into new sales

Whenever a customer requests a refund that is reasonable, you have to pay them back. For sure, cash refund hurts your revenue, let alone, customers might get their money and turn to other brands. That time, Magento 2 store credit refund is a good alternative. Customers have no choice but to return for other orders.

Store credit in Magento 2, hence, plays as an effective tool to perform a loyalty program!

2. Make refund process quick: “Time is Money!”  

Refund is never a good experience for both the seller and the buyer. This process takes quite a time - And, time is money.

Meanwhile, the customer has to wait for their money back and sometimes to pay for the transaction fee.

Using Magento 2 store credit, time and effort are minimized as much as possible.

 
 

Magento 2 Store Credit Extension by BSSCommerce

Magento team know how Magento 2 store credit is promising for your business and they do develop this function, but for Enterprise Edition only. Yet, Magento 2 EE pricing is always the most drawback.

 

Now, BSSCommerce offer Magento 2 Store Credit extension to fill up the shortage.

Refund store credits to customer account

When the customer creates a new account, a store credit wallet is generated at the same time. The admin can refund directly to this account instead of money - Fast and economical for both the seller and the buyer.

  • The buyer will receive his corresponding refund in the form of store credit points to further purchase - no wait or extra charge.
  • The seller can keep cash while turning a refund into new sales.

Manage each of store credit account

The admin can manually modify the Magento 2 store credit balance of specific customers, which is flexible to perform a customer retention strategy.

 

For example, plus the refund value you can give customers more store credit that drives them to another purchase. Who doesn’t love a free gift?

Make it quick for customers to check their wallet

Shoppers can easily track the details of their store credit right on My Account Page. With the available balance in mind, they are steered to spend it on purchases.

 

Allow customers to spend their store credits on purchases

The usage of store credit is the same as regular payment and based on the admin’s configurations in advance.

 

Where and how to spend the credit is based on the customers' experiences as long as they are in the know of the Magento store credit and apply it to their order.

 

Here BSS Commerce offers 4 common uses:

  • Use on Checkout Page
  • Apply to Shipping Fee
  • Use in Shopping Cart
  • Apply to Tax

 

Track store credit transactions and usages

Store credit is hot, but over is not. Though this kind of reward points can increase customer retention significantly, be alert as too many virtual payments will hurt your revenue.

 

The recommendation is to keep your eyes on Magento store credit history to plan suitable marketing actions.

 

In Magento 2 Store Credit extension, the merchant can check store credit on Customer Information Page, Transaction Grid, and Balance Report.

 

Other features of Magento 2 Store Credit extension

  • Notify customers of store credit update via email
  • Work with the default and integrated payment methods
  • Support both GraphQL & REST APIs (Check the tutorial here.)

 

Magento 2 Store Credit Extension = Well-coded Features plus Premium Support

As Magento Select Extension Builder, BSSCommerce promises to offer the best Magento 2 Store Credit extension at a reasonable price and with dedicated support!

 

FREE Installation | FREE 1-year Support | FREE Update

 

What makes you still hesitant, let see how people think about our extension - right below!

Why choose BSS?

Competitive Price

Every merchant needs to survive – we do understand. That’s why we keep the price as low as possible.

Dedicated Support

We are all ears to your problems, either with our extensions or customizations. FREE 1-year support is included.

Open Source

The source code is completely open to inspect, modify and enhance according to your business purposes.

Qualified Code

We have developed a validation tool to ensure that every piece of code follows Magento coding standards.

High Compatibility

Our modules work well with each other. Even you want ours to be compatible with those of others. We are here to help

Simple installation

We simplify and clarify the installation process, so you can get the extension played for your website in clicks.

Quick Update

Your business and customers’ demands are ever-changing. Our extensions are also up-to-date with new features.

Business expert

Our certified experts get involved from the extension development to support to bring you efficient and budget solutions.

Easy to Use

No need to install bunches of redundant features. We select the most relevant functions to ensure the user-friendliness.

Hear from others

Write a review

FAQs

  • Does the store credit for Magento2 include an API feature allowing checking and updating of credit balance?

    Our Magento 2 Store Credit does not support this feature in nature. However, we can customize it for you. Please contact Support Team for more information.

  • Can I install this Magento 2 extension via Composer? If yes, how can I do that?

    Yes. You can install Magento 2 extensions via Composer following the instruction here.

  • How to send customization request for this extension?

    Dear,

    Just drop us an email to sales@bsscommerce.com or contact us.

    We'd like to offer customization service for all BSS Commerce extensions and any third-party extensions.

Release Note
  • v1.1.2 (Apr 7, 2021): Compatible with Stripe Payment and Paypal Payment
  • v1.1.1 (Mar 10, 2021): Support REST API and GraphQL (for GraphQL support, need to install separate addon
  • v1.1.0 (Sep 12, 2020): Compatible with Magento 2.4
  • v1.0.9 (May 18, 2020): Add store credit data to order detail API
  • v1.0.8 (Mar 05, 2020): Fix code validation issue
  • v1.0.7 (Jan 08, 2020): Fix checkout issue using credit card payment
  • v1.0.6: Compatible with Magento 2.3.3; Fix bug with customers when having no credit memo
  • v1.0.5 (Oct 02, 2018): Remove function check guest before apply
  • v1.0.4 (Sep 13, 2018): Change checkbox Refund to Store Credit to Refund All to Store Credit; Update logic refund of orders using store credit
  • v1.0.3 (Aug 31, 2018): Not allow Apply Store credit which is bigger than Order Total; Fix error of date on the graph not being similar to Time range
  • v1.0.1 (May 08, 2018): Fix bug with paypal method; Fix send email function on storeview level
  • v1.0.0 (Nov 02, 2017): First Release
Want more? Talk to us
Contact us Now

OR, CHECK OUT OUR ONLINE SUPPORT CENTER

 
Sign in to Your Account