Credit

Company Credit
The purpose of the company credit feature is to provide customers with the ability to check out using credit extended to their member company. This is useful, for example, if a buyer prefers to pay Net-30.

In order to check out with company credit, a shop admin must first define a custom payment method called "Company Credit".

Defining the "Company Credit" payment method is a manual process that a shop admin may perform by navigating to the "Settings" section of the Shopify admin panel, and then to Payment providers > Manual payments. Here, you may add the "Company Credit" payment method as demonstrated in the video.

Once the payment method is activated, a customer may choose "Company Credit" as the preferred payment method at checkout.

If there is enough credit to cover the order, the order will be approved upon processing and the order amount will be deducted from the company's available credit line. Otherwise, the order will be cancelled with an "insufficient credit" note.