Wallet for WooCommerce (TeraWallet) is a comprehensive extension for WordPress that adds a digital wallet and store credit system to your ecommerce. It is designed for online stores looking to streamline the purchasing process, foster customer loyalty, and reduce friction at checkout. With this tool, your customers can deposit funds into their personal accounts, transfer money to other users, and make purchases instantly using their available balance, without needing to enter payment details for each order.
The plugin allows customers to top up their wallet using predefined packages or custom amounts, and even grants bonus funds when certain top-up thresholds are reached. Additionally, it includes a powerful cashback rewards system that incentivizes purchases: you can configure rewards based on cart total, specific products, or specific categories. It is also possible to convert WooCommerce coupons into wallet rewards, opening new avenues to boost customer engagement.
Among its standout features are partial use of balance in the cart and checkout, a dedicated payment gateway to pay for full orders with the wallet, transfers and fund requests between users, withdrawals with support for bank transfer and PayPal, and automatic top-ups when the balance falls below a configurable threshold. The system also includes gift cards containing wallet balance, expiration dates for balances, email notifications, and the ability to send refunds directly to the customer's wallet instead of the original payment method.
For administrators, the plugin offers a complete management panel with filterable transaction history, options to manually credit or debit balance, bulk import via CSV, and full control over withdrawal, transfer, and refund fees. The wallet balance is displayed in the site menu, and customers can view their full history from their WooCommerce account page.
Wallet for WooCommerce is compatible with Woo Subscriptions, cart and checkout blocks, and multi-currency plugins such as YayCurrency and WooCommerce Multi-Currency Switcher. It is the ideal solution for stores with recurring purchases, internal credit programs, rewards, and repeat customers looking for a faster and more satisfying shopping experience.