cashCred Stripe is a premium WordPress add-on that connects the myCred points management system with Stripe, allowing users to convert their earned reward points into real money. It provides a convenient way to introduce cash redemption into loyalty programs while giving website administrators control over withdrawal settings and approval processes.
Whether you operate a membership community, rewards platform, or gamified website, cashCred Stripe helps bridge the gap between virtual reward points and real-world monetary value.
How cashCred Stripe Works
The add-on integrates Stripe with myCred’s cashCred functionality, enabling users to request cash withdrawals based on their available point balances.
Website administrators can configure the redemption process according to their platform’s requirements and choose between automatic and manual withdrawal methods.
Key Features of cashCred Stripe
Automatic Cash Withdrawals
Enable automatic withdrawals through Stripe so eligible user requests can be processed without requiring individual administrator approval.
Manual Withdrawal Management
Keep control over cash redemption by requiring administrators to review and approve withdrawal requests before processing.
Withdrawal Request Status
Allow users to monitor their manual withdrawal requests through three available statuses:
- Pending
- Approved
- Cancelled
Minimum and Maximum Withdrawal Limits
Set minimum and maximum point requirements to control how many points users can redeem through Stripe.
Currency Types and Exchange Rates
Configure supported currency types and establish exchange rates to determine the monetary value of redeemed myCred points.
Custom Point Types
Support custom point types created through myCred settings, allowing administrators to manage different reward currencies.
Stripe Transaction Debugging
Use the debugging log to inspect transaction results and troubleshoot requests submitted through the Stripe payment gateway.
Benefits of Using cashCred Stripe
- Reward monetization: Give users a way to convert accumulated reward points into money.
- Flexible withdrawal control: Choose automatic processing or administrator-managed approvals.
- Better reward management: Establish minimum and maximum redemption thresholds.
- Transparent request tracking: Let users follow the progress of manual withdrawal requests.
- Custom reward economies: Configure point types, currencies, and exchange rates.
- Stripe integration: Connect your myCred rewards platform to Stripe for cash withdrawals.
Who Should Use cashCred Stripe?
This add-on is suitable for WordPress website owners who use myCred to operate:
- Membership and subscription communities.
- Customer loyalty and rewards programs.
- Gamification and engagement platforms.
- Online communities with redeemable reward points.
- Websites that reward users for participation and activities.
Requirements and Integration
cashCred Stripe is a premium add-on for the myCred ecosystem. It works with the cashCred functionality and requires Stripe account configuration to process withdrawals.
Administrators can configure Stripe, select the currency and exchange rate, establish withdrawal limits, and choose the preferred withdrawal method.
Turn Reward Points Into Real Money
Give your members more value from their participation by introducing a practical cash redemption system. With automatic and manual withdrawal options, configurable exchange rates, and withdrawal management tools, cashCred Stripe makes it easier to connect your myCred rewards program with Stripe.
Add cash redemption functionality to your WordPress rewards platform with cashCred Stripe.
