myCred CashCred Paystack Addon GPL v1.0.2

myCred CashCred Paystack Add-on GPL Overview

The myCred CashCred Paystack Add-on allows users to convert their myCred points into real money via the Paystack payment gateway. This add-on integrates the myCred point system with Paystack, enabling users to redeem their points for cash in Nigerian Naira (NGN) or Ghanaian Cedi (GHS). The admin has the ability to configure exchange rates, set conversion values, and manage the overall point-to-cash conversion process.

Features of myCred CashCred Paystack Add-on GPL

1. NGN or GHS Conversion

• Currency Options:
  Users can convert their myCred points into either Nigerian Naira (NGN) or Ghanaian Cedi (GHS), based on the exchange rate set by the admin. This feature is especially useful for users in these regions who wish to redeem their points for local currency.

2. Exchange Rates

• Set Custom Exchange Rates:
  Admins can configure the exchange rate for each myCred point, allowing for flexibility in how points are converted into cash. This ensures that the conversion process aligns with the current market rates or any specific business rules.

3. Set Conversion Value

• Minimum and Maximum Conversion Limits:
  The admin can define the minimum and maximum number of points that can be converted into cash, giving control over the redemption process and ensuring that users cannot convert excessive points at once.

4. Sandbox Test Functionality

• Test Mode for Transfers:
  The add-on includes a sandbox test mode that allows the admin to send test transfers. This functionality helps ensure that the point-to-cash conversion process works smoothly before it is enabled for live transactions.

Benefits of myCred CashCred Paystack Add-on GPL

1. Seamless Point-to-Cash Conversion:
   The integration with Paystack allows users to easily convert their myCred points into real money, enhancing the value of the points they accumulate on your website.
2. Flexibility in Currency Options:
   By supporting both Nigerian Naira (NGN) and Ghanaian Cedi (GHS), this add-on provides flexibility for users in these regions, making it easier for them to redeem their points for local currency.
3. Customizable Conversion Settings:
   The ability to set exchange rates and conversion limits gives the admin full control over how points are converted, ensuring the process is fair and aligns with business needs.
4. Test Functionality for Safe Transactions:
   The sandbox mode allows admins to test the conversion process before going live, reducing the risk of errors and ensuring smooth transactions for users.
5. Enhanced User Engagement:
   Users are more likely to engage with your site and earn points if they know they can convert their points into real money. This add-on helps increase user retention and satisfaction.

The myCred CashCred Paystack Add-on GPL is a powerful tool for websites that want to offer real-world value to their users by allowing them to convert earned points into cash. With customizable settings for exchange rates, conversion values, and currency options, this add-on provides a flexible and reliable solution for point redemption.