Magento Wallet System

The admin navigates to the Wallet Credit Rules page which displays the details for Wallet system Credit Rules in a grid when clicks on the “Wallet System Credit Rules” option.

Here, the admin can:

• Add multiple credit rules by clicking on the Add Credit Rule button.
• Delete the credit rules by clicking on the Delete option from the Actions drop-down list.
• Enable/Disable the credit rule status by clicking on the Update Status option from the Actions drop-down list.
• Edit the credit rule by clicking on any credit rule from the list.

The admin will navigate to “Add Credit Rule” page when clicks on the Add Credit Rule button.

Here, the admin will:

• Credit Rule Based: Select either “On Cart” or “On Product” option to create credit rules.
• Cashback Amount: Enter the cash back amount for the customers.
• Minimum Cart/Product Amount: Set minimum amount for the cart/ product amount.
• Start From Date: Set the date for the credit rule to be active from.
• End Date: Set the date for the credit rule to get inactive.
• Rule Status: Enable/disable the credit rule.

When Credit Rule is based on “On Cart”

If Credit Rule Based option set to “On Cart” then Credit rule will be applied on the basis of customer’s cart total amount. The customer’s cart value should be greater than or equal to the set Minimum Amount for the Cart.

When Credit Rule is based on “On Product”

If Credit Rule Based option set to “On Product” then Credit rule will be applied on the basis of product purchased by the customer. The purchased product amount value should be greater than or equal to the set Minimum Amount for the Product.

The admin can view the credit rules in the wallet credit rules list after creating them.

After this, the admin will set the Priority for Cashback the admin will follow the path System> Configuration > Wallet System.

The admin can either select “Cart Based” or “Product Based” for Priority for Cash Back and can select “Fixed or Percent” for Price Calculation as per the image.

If the admin set the “Priority for Cashback” to “Product Based”

Then, the admin will go to Catalog > Product.  Here, the admin will click on the Edit link against the product for which the admin wants to apply the credit rule.

After clicking on the Edit link, the admin navigates to the product edit page as per the image. There will be a field Product Wallet Credit Amount Based On. The admin can either select “Product Credit Amount” or “Cart Rules” option for this field from the drop-down list.

• If the admin select “Product Credit Amount”, the another field Wallet Credit Amount gets visible as per the image.

Then the amount entered against the Wallet Credit Amount will be credited to the customer wallet on that product purchase.

• If the admin selects “Rules Amount” then, the amount entered against the Cashback Amount field will be applied.

On the checkout page, the customers can see an info message for the amount getting credited in their Wallet. The credited amount will depend on the Wallet System Cash Back Configuration.

Example:  The admin has created two credit rules, one is based on the cart for minimum cart amount $100.00 at the cash back amount $50.00 and other is based on the product for minimum product amount $100.00 at the cash back amount $25.00.

And if the customer has placed an order which has the product price and cart total amount as same. Let’s say, an order has a product worth $100.00 and the cart total also is $100.00.

Then which credit rule will be applied on these kinds of orders – cart based or product based?

For this, if the “Priority for Cashback” is set as “Cart Based” then Cart Based Credit rules will be applied and if the “Priority for Cashback” is set as “Product Based” then Product Based Credit rules/Product Credit Amount will be applied. The Credited amount is credited to the Customer’s Wallet after order completion.