Magento 2 Store Credit

Name: Magento 2 Store Credit
Brand: BSS Commerce
SKU: M2StoreCredit
Price: 119 USD
Availability: InStock
Rating: 93 (28 reviews)

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Magento 2 Store Credit

store credit in magento 2 - conffigs general

Settings for Store Credit Extension

refund by store credit

store credit in magento 2-notification email

Notify customers of the store credit update via email

Email notification with both 2 currencies if having paid without base currency

magento 2 store credit extension - in my account

"My Store Credit" under Customer Account

magento 2 store credit extension - apply in shopping cart

Apply Store Credit in Shopping Cart

magento 2 store credit - apply in checkout with the base currency

Apply Store Credit in Checkout with the base currency

Apply in checkout with another currency (not base currency)

magento store credit - redeem store credit

No need to choose payment method if the store credit equals the order total

Apply store credit for shipping fee = No → store credit = subtotal + tax - discount

Apply store credit for tax = No → store credit = subtotal + shipping fee - discount

Apply store credit for tax & shipping = No → store credit = subtotal - discount

magento store credit - tracsaction management

Store Credit Transactions Grid

magento store credit extension - transaction history

Store Credit Transactions Grid per Customer

magento store credit extension - update credit in customers

Update Store Credit per Customers at Ease

Select the website to see the report as wished

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

NEW UPDATES:

Compatible with Magento 2.4.7 & PHP 8.2
Compatible with Hyva Theme and Hyva Checkout
Support multiple currencies and multiple websites
Compatible with Multiple Store View Pricing Magento 2

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

Book a Demo Live »

ComposerPacks

GraphQL support

Open Source (CE): 2.3.x - 2.4.x

Commerce On-Premise (EE): 2.3.x - 2.4.x

Frontend Demo Luma Backend Demo Luma Installation Guide User Guide

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

NEW UPDATES:

Compatible with Magento 2.4.7 & PHP 8.2
Compatible with Hyva Theme and Hyva Checkout
Support multiple currencies and multiple websites
Compatible with Multiple Store View Pricing Magento 2

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

Book a Demo Live »

ComposerPacks

GraphQL support

Open Source (CE): 2.3.x - 2.4.x

Commerce On-Premise (EE): 2.3.x - 2.4.x

Frontend Demo Luma Backend Demo Luma

Installation Guide User Guide

Why Magento 2 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 refunds to cash refunds?

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

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

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

2. Make the 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 Store credit in magento 2, time and effort are minimized as much as possible.

Magento 2 Store Credit Extension by BSSCommerce

Magento team knows how Magento 2 refund request 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 offers Magento 2 Refund Request 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 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.

Magento store credit extension feature: Manage each of store credit accounts

Allow customers to spend their store credits on purchases

The usage of store credit is the same as regular payment and is 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 point 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 Refund for extension Magento 2, 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 updates via email
Work with the default and integrated payment methods
Support both GraphQL & REST APIs (Check the tutorial here.)

Magento 2 Refund Request = Well-coded Features plus Premium Support

As Magento Select Extension Builder, BSSCommerce promises to offer the best Refund for Magento 2 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 BSS Magento 2 Store Credit