What is 'bonus credit' in SAP IS-IRM - SAP Intelligent Returns Management?

bonus credit - Overview

• Component: IS-IRM

• Component Name: SAP Intelligent Returns Management

• Description: Money equivalent that the retailer may provide to a consumer who has selected store credit as a refund option. Bonus credit can be used only for purchases from this particular retailer.

bonus credit - Details

• 
  Key Concepts: 
  Bonus credit is a feature of SAP Intelligent Returns Management (IS-IRM) that allows customers to receive a credit for returned items. This credit can be used to purchase new items or to receive a refund. Bonus credits are typically issued in the form of a voucher or coupon code. 
  
  How to use it: 
  To use bonus credit, customers must first return an item and receive a return authorization number. Once the item is received, the customer will be issued a bonus credit voucher or coupon code. This code can then be used to purchase new items or receive a refund. 
  
  Tips & Tricks: 
  It is important to note that bonus credits are typically only valid for a limited amount of time, so customers should use them as soon as possible. Additionally, bonus credits may not be valid for certain items or services, so customers should check the terms and conditions before using them. 
  
  Related Information: 
  For more information about bonus credits and other features of SAP Intelligent Returns Management, please visit the SAP website at https://www.sap.com/products/intelligent-returns-management.html.