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Integrate with the CompanyCredit module

Magento Commerce only

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Company credit allows company members to purchase items on credit. This is a feature specific to Magento Commerce for B2B that is used only for transactions between companies. The seller allocates an amount (or the credit limit) to a company and then company members can purchase items using this amount with the Payment on Account method. The credit amount used by a company is sent to the seller offline. Then the seller creates a Reimburse transaction in the system to adjust the company balance.

The following diagram illustrates the process flow of orders using the Payment on Account method.

Payment on credit

Manage company credit