How to Use Credit Limit

Manage prepaid balances and limits

The credit limit feature lets clients use their wallet balances below zero up to a set limit, providing greater flexibility.

This guide explains how to set and manage credit limits and wallet statements at both the Brand and Client levels.

Configuring credit limit at the brand level

Go to Settings > Payment Options under Ecommerce Settings.
Scroll to Client Wallet.
Check the box to enable Credit Limit and set the maximum amount you want to allow.
Choose the day of the month for generating wallet statement.

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The credit limit operates in the brand's default currency.

Check the box the enable credit balance usage and set a specific limit or use the brand default.
Choose the statement generation day (optional).

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The Credit Limit feature is only available if the multi-currency setting is store credit in single currency.

The settings for the Credit Limit are described below:

Field Name	Description
Allow client to hold a credit balance	Enable or disable the use of a credit balance for the selected client.
Use the default credit limit (amount & currency set at the brand level)	Enable this option to apply the default credit limit set at the Brand Level (amount and currency). You can set a custom limit by adjusting the Credit Limit Allowance field manually.
Generate a credit statement on the XX day of each month	Set a specific day of the month to generate credit statements for the client. If left unchanged, the system uses the default Brand Level setting. This setting can be modified at any time.

Field Name

Description

Allow client to hold a credit balance

Enable or disable the use of a credit balance for the selected client.

Use the default credit limit (amount & currency set at the brand level)

Enable this option to apply the default credit limit set at the Brand Level (amount and currency).

You can set a custom limit by adjusting the Credit Limit Allowance field manually.

Generate a credit statement on the XX day of each month

Clients see their credit limit in their preferred currency from Billing > Account Credit > Credit Limit.

Once a currency is used for payment, all future credit payments must use the same currency.

Example: If a client makes their first payment in USD, all future credit limit payments must also be in USD.

You can customise your brand's wallet statements.

Two tabs, Brand and Invoice, appear at the bottom for easy access to code snippets. Copy snippets by clicking their label and paste them where needed in the template.