Store Credit & Refund for Magento 1

Store Credit and Refund Magento Extension

This extension allows you to launch your own Store Credit program. It simplifies work with exchanges and returns as well as increases customer loyalty. Turn returns into new customer purchases!

Extension Demos
Pick a quick tutorial to learn about various aspects of this extension

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Compatible with:
Community: 1.4.1 - 1.9.4
Enterprise: 1.10 - 1.14.2

Using the extension, Store Credit & Refund, online stores can launch their own Store Credit program. This extension assists the store in solving a few very important tasks.

It is widely known that it is much harder to attract new customers than keep them. As a rule, a store undergoes losses if customers make a refund. Extension Store Credit & Refund allows you to convert returns into new purchases. You can deposit money into the customer's account in your store instead of returning it, and the customer will be able to use it for the future purchases.

Here everybody wins in the following way:

  • The customer is saving money as they do not need to issue different payments for each transaction.

    The customer doesn't need to wait until his money will be deposited back into their account, they can instantly use these means for further purchases.

  • The store now has one satisfied customer, which will surely come back to make another purchase.

    The store is saving money on different payments per transaction.

    The store is saving employees time, which would be spent processing the refund operations.

It is also very convenient to use a module during the exchange of different types of products in the even that their prices do not coincide.

If product is substituted with a cheaper model, than the price difference is reflected on the customer's balance.

If a product is substituted with a more expensive model, then the customer deposits money to their account, and afterwards it can be used for an exchange.

It is also possible to simplify and speed up the return/exchange process of a product even more by means of integrating our RMA module here.

Extension Store Credit & Refund can be used to increase loyalty of your customers. You can deposit small sums in their account so that they can use these means for future purchases. In such a way, this extension can stimulate your sales.

Features for a customer

Customer Transactions

  • It is possible to pay for any purchase using the balance, including the taxes and shipping fees.

  • It is possible to check the list of all the transactions and credit balance status in the customer's account.

  • The customer receives email notifications regarding the balance change.

Features for an administrator

Refund To Store Credit

  • Possibility of adding transaction for the user.

  • Possibility of viewing balance/transactions in the user's card.

  • Possibility of turning on the notification of a balance change.

  • It is possible to use credit during creation of the order in the administrator panel.

  • It is possible to increase the credit during creation of the credit memo in the administrator panel.
See it in action!
Pick a quick tutorial to learn about various aspects of this extension
Customer Reviews (11)
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Your Rating
  1. Overall Satisfaction
    100 %
    ottima estensione, fatta davvero bene..!
    giuseppe from Terlizzi, Italy
    Considero questi sviluppatori dei professionisti, con questa estensione sono rimasto molto contento..!
    Also bought the following extensions: Advanced Product Feeds RMA Knowledge Base Help Desk MX Sphinx Search Ultimate
  2. Overall Satisfaction
    100 %
    Works perfect without breaking the website
    RTC from Auckland, New Zealand
    We are based in New Zealand and purchased couple of extensions from these guys. So many great reasons to purchase any extensions from them.

    1) Top notch customer service and technical support
    2) Extensions work without breaking

    We will buy more extensions from Mirasvit. 100% recommended.
    Also bought the following extension: Magento Advanced Reports
  3. Overall Satisfaction
    100 %
    True moneymaker
    Gzim from Vejen Municipality, Denmark
    We extended our return policy to more days, but after 14 they could only get store credit, combined with the plugin RMA from them, it's a piece of take. What took us 10 minutes per order before, we spend 1/6 of the time now.

    Also bought the following extensions: Sphinx Search Ultimate Full Page Cache Magento Follow Up Extension RMA Advanced Product Feeds
  4. Overall Satisfaction
    100 %
    Great Extension
    Yanev from Far Rockaway, United States
    Great extension. but wish there was a way to delete credits or modify amounts of credits issued.
    Also bought the following extensions: RMA Magento Product Questions Extension Advanced Product Feeds for Magento 2
  5. Overall Satisfaction
    80 %
    Easy to understand credit extension
    Joelle from Shipley, United Kingdom
    It works fine and my query about disabling emails (while I did an initial set up through customers with known credit) was quickly answered with an option added

    Also, quite easy to customise on checkout to make it more visible and understandable to customers (withough showing if people have no credit)

    The solidity of the extensions, flexible support and the "free access to Magento 2" offer - when others reissue their extensions at 3x costs of the magento1 one! - makes me all the more likely to pick mirasvit in priority in the future
    Also bought the following extensions: Help Desk MX Advanced Product Feeds Follow Up Email for Magento 2 Knowledge Base Sphinx Search Ultimate
  6. Overall Satisfaction
    80 %
    Bert from Cipayung, Indonesia
    Some issues with the tax calculation. But that was quickly fix by Mirasvit Team.
    Also bought the following extensions: Sphinx Search Ultimate Reward Points Help Desk MX Magento 2 rma extension Knowledge Base for Magento 2
  7. Overall Satisfaction
    100 %
    Good Stuff!
    Milosz from East Rutherford, United States
    Nothing can beat Mirasvit - simply the best.

    The whole refund process got much easier and simpler thanks to this extension!
    Also bought the following extensions: RMA Sphinx Search Ultimate Magento Advanced Reports Reward Points Advanced Product Feeds
  8. Overall Satisfaction
    100 %
    Great Solution For Saving The Sale!
    Josh from St. Augustine, United States
    We get a lot of returns in our industry.. Needed a fix for saving sales and better managing exchanges. This was a perfect fit. This allows us to have the leverage over clients by providing store credit instead of refund, keeping the money in our account is what it is all about:-)@!!!
    Also bought the following extensions: Advanced Product Feeds RMA Help Desk MX Magento Follow Up Extension Sphinx Search Ultimate
  9. Overall Satisfaction
    100 %
    This was the one thing...
    Christoph from Germany
    ...missing in Magento CE that kept it from being perfect - with the Store Credit Extension it really is. Thank you guys!
    Also bought the following extensions: Sphinx Search Ultimate Magento Follow Up Extension Magento Advanced Reports Advanced Newsletter Advanced SEO Suite
  10. Overall Satisfaction
    100 %
    Simple to use
    ethan from Savannah, United States
    great extension that covers a lot of scenarios. Had some compatibility issue with Rewards extension. Support team was able to resolve it quickly. The extension is very easy to use.
    Also bought the following extensions: Sphinx Search Ultimate Fast Asynchronous Re-indexing Full Page Cache Automatic Internal Links Reward Points
  11. Overall Satisfaction
    100 %
    Great extension with excellent support
    Alexander from Kazincbarcika, Hungary
    Great extension that fills a gap in Magento's CE functionality.
    Also bought the following extension: Advanced Sphinx Search Pro
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Reasons to choose Mirasvit

Client focusing and satisfaction

It is our main goal. A big part of our new clients come from referrals from our existing clients. Our professional team of developers, marketers and support invest the best knowledge and experience, so you could come back to us again and again.

Remarkable support

90-days free and high quality support. We make an effort to satisfy you with work of every module you have purchased in our store. Helping you with installation, configuration, answering your every question, we do all our best to eliminate any possible problems.

Risk-free Investment

30-days money back guarantee. If you are not satisfied with work of our extension for any reason we provide a full refund.

Constant improvements and upgrades

We provide you lifetime free updates. We constantly add new features to all our modules. We are absolutely interested to hear your opinion and to implement your suggested features in our future developments.

Comprehensive Documentation

We provide an expanded user guide for every our extension, so you can find answers for all your burning questions.

Unencrypted source code of our products

You can customize extensions according to your needs and requirements.

Usability and Performance

Module is easy to install and easy to upgrade, just follow step by step our user guide.

Safe Magento updates

No core modifications. Just copy extension files to store root directory.