What is mixed payment in SAP WEC-APP-LOY - Web Channel Loyalty Management?

SAP Term: mixed payment

• Component: WEC-APP-LOY

• Component Name: Web Channel Loyalty Management

• Description: A method that allows you to pay with loyalty points redeem points and currency in one sales transaction.

Smart SAP Assistant

• Key Concepts: 
  Mixed payment is a feature of the WEC-APP-LOY Web Channel Loyalty Management component of SAP. It allows customers to pay for goods and services using a combination of loyalty points and other payment methods, such as cash, credit cards, or bank transfers. This feature enables customers to use their loyalty points to pay for goods and services without having to convert them into cash.
  
  How to Use it: 
  To use the mixed payment feature, customers must first have an account with the loyalty program associated with the WEC-APP-LOY Web Channel Loyalty Management component. Once they have an account, they can select the “mixed payment” option when making a purchase. They will then be prompted to enter the amount of loyalty points they wish to use for the purchase, as well as the other payment method they wish to use. Once both amounts have been entered, the customer can complete their purchase.
  
  Tips & Tricks: 
  When using mixed payment, it is important to remember that loyalty points cannot be refunded or exchanged for cash. Additionally, customers should be aware that some loyalty programs may have restrictions on how many loyalty points can be used in a single transaction.
  
  Related Information: 
  For more information about the WEC-APP-LOY Web Channel Loyalty Management component and its features, please visit SAP’s website at https://www.sap.com/products/web-channel-loyalty-management.html.