Expand Your Payment Options with WooCommerce Wallet (TeraWallet) Plugin

In the ever-evolving world of e-commerce, flexibility in payment options can significantly enhance the shopping experience and boost customer loyalty. One such tool that empowers WooCommerce store owners to achieve this is the WooCommerce Wallet plugin, also known as TeraWallet.

This powerful and versatile plugin allows users to deposit funds into their website accounts, which can be used for purchases, refunds, transfers, and more. Whether you’re aiming to implement a point-based reward system or offer a digital wallet for seamless checkout, TeraWallet is packed with features to support your needs.

What is WooCommerce Wallet (TeraWallet)?

WooCommerce Wallet enables customers to top up their wallet using standard payment gateways and store money as credit, points, coins, or custom units defined by the admin. It integrates directly with WooCommerce as a payment gateway, allowing customers to pay for their orders using wallet balance—fully or partially.

From admin-adjustable balances to peer-to-peer transfers and cashback rewards, this plugin serves as a comprehensive solution for e-commerce sites that want to increase engagement and improve checkout convenience.

Key Features of TeraWallet

Here’s a detailed breakdown of what the WooCommerce Wallet plugin brings to your store:

Wallet Funding & Payments

• Customers can recharge their wallet using other enabled payment gateways.
• Wallet credit can be used to pay for WooCommerce orders just like any other payment method.
• Supports split payments—use wallet balance first and pay the remaining amount with another gateway.

Cashback & Rewards

• Reward customers with cashback based on cart total, specific products, or product categories.
• Admins can define cashback as a fixed amount or a percentage of the purchase value.

Admin Tools & Controls

• Admins can manually add or deduct wallet balances for any user.
• View complete transaction history in the backend.
• Handle refunds via wallet balance instead of returning funds to the original payment method.

Notifications & Shortcodes

• Email notifications are sent to users for each wallet transaction.
• Use the [woo-wallet] shortcode to display the user’s wallet dashboard on any page.

Wallet Transfers & Conversions

• Allow users to transfer wallet funds to other users (feature can be disabled).
• Convert WooCommerce coupons into wallet credit as cashback.

Advanced Compatibility

• REST API support for external app integration.
• Compatible with WordPress Multisite networks.
• Supports multilingual translations for global reach.
• Integrates with:
  • WooCommerce Subscriptions
  • WooCommerce Multivendor Marketplace
  • WC Marketplace

Ideal Use Cases

• Loyalty & Rewards Program: Offer customers cashback incentives in the form of points or coins.
• Store Credit System: Enable refunds or partial payments using wallet balance.
• Vendor Platforms: Facilitate internal transactions between vendors and customers.
• Multi-language Global Stores: Serve international users with full translation and multi-site support.