Offering Credits/providing ways to purchase credits to your customers is one of the proven methods to increase sales in an online shop. This is because your customers can use the unused/purchased credits to make future purchases without having to enter any payment-related information. This, in turn, can increase the conversion rate.
In this article, we have listed the Top 4 Best WooCommerce Credits Plugins which are as follows,
1. Credits for WooCommerce
2. Woo Credits
3. Hoicker WooCommerce Wallet
4. Smart Coupons
Credits for WooCommerce is a premium plugin which is developed by Flintop. Using this plugin, you can offer a Credit Line to your customers. Using this Credit Line, your customers can purchase products from your WooCommerce shop right away without having to wait for funds. The credits used for purchasing products can be repaid later.
It offers some major features which are listed below,
– Separate application form for your customers to avail the Credit Line
– Separate dashboard for the Admin to manage the credit applications.
– Separate dashboard for your customers to manage their Credit Line in the WooCommerce shop
– A separate payment gateway for purchasing products through Credit Line
– The billing date and repayment date for the Credit Line can be customized
– You can optionally charge an Interest fee for availing the Credit Line
– You can also charge a late fee if the repayment for the used credits is not made on time.
2. Woo Credits
Woo Credits is a free plugin. Using this plugin you can allow your customers to purchase the credits and later they can use their credits for the future purchases on your WooCommerce store.
Some of the features offered by this plugin are listed below,
– It allows you to sell and accept the credits o your WooCommerce store
– You can create unlimited credit bundles with the platinum version of Woo Credits
– It works with all simple, variable and subscription products
– Option to set an expiration date on credits
– You can set currency price for each credit bundle
– Assign custom name for each credit bundle
– Customers can checkout using their ”Download Credits” balance
You can purchase the platinum version of the plugin using the following link(https://woocredits.com/).
Hoicker WooCommerce Wallet is a Free WooCommerce Wallet plugin developed by HOICKER. Using this plugin, your customers can purchase store credits in the form of Wallet Balance. The Wallet Balance can be used for purchasing products in the site later.
Key features to be noted in this plugin are as follows,
– It allows you to display the Top-up form anywhere on the site using shortcode
– Users can Add Funds to their Wallet Account in the form of Store Credits
– You can allow users to setup auto top-up for their wallet balance
– It allows you to Credit/Debit Wallet Funds for any User.
– All the Wallet Transactions will be Recorded
– Email notification for wallet transactions
– SMS Notification can be sent for all Wallet activities
– It allows you to Lock/Unlock any User’s Wallet
You can purchase the premium version of the plugin using the following link(https://hoicker.com/plugins/wallet/).
Smart Coupons is a premium plugin which is developed by StoreApps. This plugin helps you to offer coupons, discounts, credits, vouchers, product giveaways, offers and promotions to your customers on your WooCommerce store.
The notable feature offered by this plugin are as follows,
– You can assign a fixed amount and percentage-based coupons.
– You can generate coupons in bulk, export them as a CSV and email all the recipients
– It allows you to offer free shipping
– It allows you to use credits to provide refunds or compensation
