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Backend
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Magento 2 Store Credit extension automatically converts refund amount to store credit which customers can use for future purchase, hence improving sales and customer retention.
Key Features:
E-commerce store owners cannot deny that returns and refunds are part and parcel of online shopping. As much as you cannot run away from it, there is an excellent opportunity to convert these returns into future sales and customer retention. Yes, you read it right. Implementing a store credit system in your online store can improve sales and customer loyalty. Hence, Meetanshi has developed Magento 2 Store Credit extension that automatically converts refund amounts to store credits.
Magento 2 Store Credit extension allows the customers to use their store credit for future purchases and hence get products at lower prices! Also, the store owner need not refund the amount and hence a win-win situation for the business as well as customers!
The customers can apply the store credits, a virtual currency of your Magento 2 store, at the checkout page and get products at discounted prices. Also, you can reward your customers who had a bad experience with your service, with store credits, and turn it into a positive experience.
Magento 2 Store Credit & Refund Extension also allows the admin to manage store credits from the backend and notify the customers about any changes in their credit balance. Also, you can reward the customers with cashback using the module and make them return to your brand again!
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