Store Credit
The “Store Credit” feature in the Loyalty Reward Shopify app allows customers to convert their accrued loyalty points into store credit, and in some cases, store credit back into points. Here’s how the different settings within this feature work:
Convert Accrued Points Balance into Store Credit:
This setting enables customers to convert the loyalty points they have accumulated into store credit. Store credit can then be used toward purchases on your Shopify store, making points more flexible and beneficial for customers.
Example: If a customer has 500 points, they could convert them to a specific store credit amount, based on the conversion value set in your app.
Steps to enable store credit:
1. Go to Shopify Admin > Settings.
2. Navigate to Customer Accounts.
3. Locate Store Credit and enable it.
Set Minimum Points Balance Required for Store Credit Conversion
When this option is enabled, customers must reach a minimum points balance before they’re allowed to convert points to store credit.
Example: If the minimum threshold is set to 100 points, customers must accumulate at least 100 points before they can perform a conversion to store credit.
Used store-credit currencies
This feature allows you to manage and monitor store-credit currencies effectively. You can view, activate, disable, or edit the transaction values associated with store-credit currencies. Below is a breakdown of its sub-sections:
1. All: Displays all available store-credit currencies, regardless of their activation status.
View the conversion transaction values for every store-credit currency.
Edit specific store-credit currencies directly, allowing you to modify their conversion transaction values as needed.
2. Active: Shows store-credit currencies that are currently active and in use.
You can edit the conversion transaction values of specific active store-credit currencies to ensure accurate calculations.
3. User-Disabled: Allows you to review store-credit currencies that have been turned off by an admin or user.
4. Market-Disabled: Displays store-credit currencies that are disabled based on market-specific restrictions.
This feature ensures flexibility and control over store-credit management, allowing you to customize and adjust transaction values for different currencies while monitoring their activation statuses.
Required Customer Account/Login Method for Store Credit
This feature requires customers to have an active account or be logged in to access and use their store credit. It ensures that store credit is associated with their personal account, providing secure management of their rewards.
These settings allow you to control and customize the points-to-store-credit feature to enhance customer engagement while managing reward values effectively within your store’s loyalty program.
