myCred WC Vendor

myCred WC Vendor – loyalty points and commissions in a WooCommerce-based marketplace

myCred WC Vendor is an extension that combines the myCred points mechanic with the multi-vendor marketplace powered by WC Vendors. This allows vendors and customers to be rewarded with points for activity, and commissions and billing can be partially or fully implemented with virtual currency. The plugin helps build loyalty, increase purchase frequency, and improve vendor motivation without having to sacrifice traditional billing.

The myCred WC Vendor integration allows for flexible point accrual rules based on store and merchant dashboard activity. Administrators control point conversion rates, point types, reward events, and deduction rules, allowing the solution to be tailored to the marketplace's business model.

Key functionalities of myCred WC Vendor

• Commission settlement in points: possibility of paying all or part of the commission to sellers in the selected type of myCred points, with a set conversion rate (e.g. 1 point = PLN 1).
• Rewards for sellers: automatic allocation of points for adding a product, making a first sale, exceeding turnover thresholds or a specific order volume.
• Customer Rewards: Earn points for purchases at select retailers, product reviews, repeat purchases, and marketplace-related social activities.
• Points Payments: Optionally allow customers to pay with points for merchant products, with support for mixed payments (points + standard gateway), limits, and rounding.
• Multiple point type support: define separate currencies in myCred and assign them to specific product categories or merchant groups.
• Adjustments and Refunds: Automatic point deductions for cancellations, returns, and disputes, in accordance with the store's return policy.
• Conditions and limits: configure daily/monthly points allocation limits, filter events, and exclude selected products, user roles, or sellers.
• Visibility in the seller panel: clear points balance, transaction history and points commission summaries directly in the WC Vendors panel.
• Ranks and Badges (optional): Works with myCred Ranks and Badges to gamify the competition between sellers and buyers.
• Event notifications: Notifications about points earned on important activities, increasing engagement and awareness of the program.

Business benefits of implementing myCred WC Vendor

• Increased LTV and retention: Points encourage repeat purchases and build loyalty to the marketplace and individual sellers.
• Seller motivation: flexible remuneration rules support activity, better quality offers and more frequent product updates.
• Flexible settlements: the commission part in points reduces cash pressure and allows you to launch promotional campaigns without additional operating costs.
• Segmentation and personalization: different point types, thresholds, and conditions allow you to create dedicated programs for categories, brands, or retailer groups.
• Better visibility and control: complete information about balances and transactions in one place facilitates settlement and auditing of promotional activities.

Example scenarios for myCred WC Vendor applications

• Marketplace loyalty program: customers earn points when shopping at various retailers and spend the collected points on subsequent transactions.
• Supply Chain Gamification: Sellers earn points for publishing new products, completing descriptions, quickly confirming orders, and maintaining a high rating.
• Seasonal sales campaigns: Temporarily increase point multipliers for specific categories or retailers during sales.
• Blended Commission: 70% cash commission and 30% in points that the seller can use to promote offers or lower fees on the platform.
• Motivating top performers: Ranks and badges awarded to salespeople for exceeding turnover thresholds, with additional point bonuses.

Requirements, Compatibility and Configuration

WordPress, WooCommerce, active WC Vendors, and myCred (core) are required for operation. After installing myCred WC Vendor, the administrator configures the point type and conversion rate, enables appropriate event hooks (purchase, product release, review, first sale), sets limits and rounding rules, and then assigns rules to sellers or product categories. In the settings, you can specify whether commissions are awarded in points, cash, or a mixed model, as well as whether customers can pay with points for specific products.

myCred WC Vendor ensures data consistency during returns and cancellations by applying appropriate adjustments to merchant and customer accounts. This ensures reliable point balances and predictable billing policies. In practice, this integration reduces loyalty program setup time in a multi-merchant environment and ensures scalability as transaction volume increases.

This extension is especially recommended for marketplace platforms that want to combine the benefits of a loyalty program with a flexible commission model and gamification. myCred WC Vendor allows you to design reward policies that simultaneously promote sales, offer quality, and user engagement—from the first visit to repeat, regular purchases.