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Store Credit Line Extension for Magento 1 by CreativeMinds

Our Magento Store Credit extension provides customers with an option to purchase using store credit and pay the balance manually or automatically.

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Customers can check available credit and complete purchases using the store credit line.

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Magento Store Credit Line for Magento® 1

The Magento Store Credit Extension allows the store admin to provide a line of credit to their customers. Customers can check their available credit at any time, complete a purchase using the store credit line payment method, and pay the balance from their customer account.

Usually in B2B business, one of the essential aspects of purchasing is developing a store credit line, letting customers purchase goods up to the your approved credit line limit without any hassle, just place the order and get the goods.

Limiting Store Credit

The Admin can use the extension setting to set the general store credit for all customers, set credit line for a specific customer or for customer groups.

Admin setting screen for setting store credit for specific customer
Admin setting screen for setting store credit for specific customer

Adding Credit Line Payment Gateway

During checkout, if a customer has some store credit amount left they will see the store credit payment method as one of the available payments options.

Customers receive a notification with their balance and can pay their balance directly. The admin can also send manual notifications to customers to pay balance.

Allowing customer to check the store credit as a payment gateway option
Allowing customer to check the store credit as a payment gateway option

Checking and Paying Store Credit

Customer can pay their full credit balance at any time from a dashboard. The admin can also set monthly invoices or statements for customers to pay their balance.
Customer dashboard showing all used store credit and ability to pay for it
Customer dashboard showing all used store credit and ability to pay for it

Using the Credit Line Extension

  • Set a store credit line for customers – The admin can set a default store credit limit for all customers or for specific customers
  • Allow store credit for specific customer groups – Store admin can decide which customer groups are allowed to have a line of credit
  • Decide how to charge a specific customer and when – Admin can decide whether or not to charge customers using an automatic invoice sent to their email or by sending one manually
  • Disable credit method when there’s no balance – When setting store credit as 0, the store credit payment method will not be available for the customer
  • Customer dashboard – Customers can see their credit line account balance and their account purchase activity. Customers can also pay their balance at any time

Magento Store Credit Extension Related Extensions

M1 True Edit Orders
The True Edit Extension for Magento provides the functionality to quickly edit ANY information in Magento orders, without creating a duplicate order (the Magento default). This module fixes an issue that can be the source of many syncing problems between Magento, CSRs, fulfillment systems, credit card processing and accounting [ Watch Video
M1 Custom Coupon Code Error Messages
A clever Magento® extension that allows you to easily create, track and display multiple custom error messages that explain to customers why coupons could not be applied to their shopping cart. [ Watch Video
M1 Product Review Coupon Incentive
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M1 Fancy FAQ
Fancy FAQ extension for Magento 1 creates a beautiful responsive FAQ page. Your customers can easily search FAQs. Admin can create categories and add question and answer per each. [ Watch Video

Magento Store Credit Extension Related Resources

Magento Store Credit Line Extension Features

Please check the user guide to learn more about this extension.

  • Set a default store credit line or individual credit line for customers
  • Allow store credit line for customer groups or all customers
  • Send manual invoices for an outstanding balance
  • Set automatic invoices to be sent to customers
  • Set schedule to send automatic invoices for outstanding balances
  • Allow credit line option for specific customer groups
  • Hide store credit line payment option if account balance is 0
  • Customer can see their available store credit line during checkout
  • Customer can see their entire credit history, including purchases made using store credit line, in their account
  • Customers can pay their balance from their account
  • The customer has a pay now button on their account to pay their balance at any time.

Magento Store Credit Line Extension Image Gallery

Magento Store Credit Line Extension Demo Request

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Magento Store Credit Line Extension Frequently Asked Questions

Do all customers have a credit line?

It’s possible for the admin to either assign lines of credit to site users according to User Groups in the Extension Configuration settings or else on an individual basis through the customer view.

To learn more about this feature see this Help article.

Can the admin send an invoice to pay an outstanding balance?

Yes. The admin can go to the customer account in the backend and send an invoice for payment of an outstanding creditline balance.

To learn more about this feature see this Help article.

What happens if a customer does not have enough credit left to complete a purchase?

In case the customer does not have enough credit they will not be able to purchase the product using the Credit Line payment method. They will either need to top up their credit balance or choose a different method of payment if there is one available.

Can admin set a monthly invoice sent to the customers to pay the outstanding balance?

Yes. The admin can set invoices to be sent once a month, based on an interval of a chosen number of days, not required or else to be sent manually.

To learn more about this feature see this Help article.

Is the credit line orders history available in the customer account?

Yes, Customers can view their credit line use history from the Customer dashboard. Admins are also capable of viewing the order history of All or specified customers from the Admin Dashboard for Credit Line purchases.

To learn more about this feature see this Help article.

Still have questions? Send us a message and we will reply within 24 hours.

 

 

Ver 0.1.7 Release 10th Mar 2019

  • Fixed not sending manually emails;
  • Fixed bug in the order id renderer;
  • Updated grid to show the incremental order id;
  • Fixed bug not call numberdays method if reminder is manually call from admin panel;
  • Added order url in order grid if creditline was paid by customer;

Ver 0.1.6 Release 30th Nov 2017

  • New Attribute Credit Term – Number of days before due date for repayment.
  • New Reminders system, Admin can decide days of Term in which customer will receive email messages with reminder to clear Credit Balance.
  • Admin can repay manually any customer’s credit line.

Credit Line Extension Release 20th April 2017