I want to use Magento for my next project, but before I can commit to it, i have to confirm that it can handle this particular need:
The client will be giving its customers store credit to use on anything in the store. The amount of the credit could be very large (in the thousands of dollars), such that they may not use it up at once, and may have to return to the store several times in order to deplete it. Thus, the store must be able to track the stored value for each account and allow customers to use it on future purchases.
I know there are gift card systems out there that can do this, but it would be nice if there were an in-store solution so that we could avoid transaction and monthly fees.
ideally, store admins would be able to add value to the account if possible, but that’s not necessary.
and of course, the store will be able to process normal credit card-based transactions.
any ideas on how to do this with Magento?