Trade Credit
Module Trade Credit enables the inclusion of deferred payments for selected customer groups. For each group you can set the maximum amount for which the customer belonging to this group can place orders using a commercial credit.
Module creates order status Buyer’s Credit. The use of the customer limit shall be calculated on the basis of the sum of his orders in that status. When the order changes to another status, its amount ceases to charge the available limit.
Main functions:
- Limits for customer groups - include a merchant loan for selected groups and set a quota limit for each group
- Automatic limit selection - if the client belongs to several included groups, the module uses the highest active limit
- Payment by merchant credit - method of payment appears in the basket only if the customer has an active limit and the available amount covers the order value
- Status of the Buyer Credit - orders submitted by this method receive a dedicated status, making them easy to filter and settle
- Dynamic use of the limit - the amount used is calculated from the customer's orders in the status of the Buyer's Credit, without manually adjusting the balance
- Client Panel - customers see their limit, use and available amount in customer account
- REST API - integration with external systems (ERP, CRM) via API with authorization key
- Email notifications - automatic e-mails after using a merchant credit on order
