Credit Key B2B BNPL Messaging vs Koin Cashback & Store Creditfor Shopify (2026)
Credit Key B2B BNPL Messaging and Koin Cashback & Store Credit, while both falling under the 'Payments' category on Shopify, address very different needs. Credit Key focuses on facilitating B2B sales by offering Buy Now, Pay Later (BNPL) options, aiming to increase conversions and order values by providing flexible payment terms like Net 30 directly on product and checkout pages. This app is specifically targeted at US-based B2B merchants seeking to offer credit terms to their customers. In contrast, Koin Cashback & Store Credit is geared towards boosting customer retention and repeat purchases through cashback and reward programs powered by Shopify-native store credit. It offers tools to issue store credit for various purposes, including loyalty programs and marketing campaigns, and supports both D2C and B2B (Shopify Plus only) models. The core difference lies in their goals: Credit Key aims to attract new customers and increase order values with flexible payments, while Koin seeks to retain existing customers and encourage repeat business with loyalty rewards.
At a Glance
Credit Key B2B BNPL Messaging
1 reviews
Koin Cashback & Store Credit
57 reviews
Detailed Overview
Credit Key B2B BNPL Messaging
Let your customers know they can BNPL – before they reach checkout.
Key Features
- Instant credit decisions for flexible terms that reduce cart abandonment
- Drive conversions with a seamless checkout experience
- Get up and running ASAP with an easy integration and implementation
- The flexibility to manage business purchases over time and handle costs later
Koin Cashback & Store Credit
Use native Store Credit to set cashback and rewards for any customer action that drives retention.
Key Features
- Set cashback rates by product/order, for D2C customers or B2B company locations
- Automate with pre-built Shopify Flow templates or create your own
- Bulk or single edit (credit/debit) store credit from customer accounts
- Promote rewards with widgets and send automated emails for store credit issuance
- Track and manage store credit effortlessly with intuitive dashboard
Feature Comparison
| Rating | 5/5 | 5/5 |
Rating Credit Key B2B BNPL Messaging5/5 Koin Cashback & Store Credit5/5 | ||
| Reviews | 1 | 57 |
Reviews Credit Key B2B BNPL Messaging1 Koin Cashback & Store Credit57 | ||
| Target Audience | US B2B Merchants | D2C & B2B (Shopify Plus) Merchants |
Target Audience Credit Key B2B BNPL MessagingUS B2B Merchants Koin Cashback & Store CreditD2C & B2B (Shopify Plus) Merchants | ||
| Primary Function | B2B BNPL | Cashback & Store Credit Rewards |
Primary Function Credit Key B2B BNPL MessagingB2B BNPL Koin Cashback & Store CreditCashback & Store Credit Rewards | ||
| Goal | Increase Conversions & Order Value | Boost Customer Retention & Repeat Purchases |
Goal Credit Key B2B BNPL MessagingIncrease Conversions & Order Value Koin Cashback & Store CreditBoost Customer Retention & Repeat Purchases | ||
| Payment Model | Net 30 & Extended Payment Terms | Store Credit (Shopify-Native) |
Payment Model Credit Key B2B BNPL MessagingNet 30 & Extended Payment Terms Koin Cashback & Store CreditStore Credit (Shopify-Native) | ||
| Integration Complexity (Inferred) | Easy Integration and Implementation | Automated with Shopify Flow templates |
Integration Complexity (Inferred) Credit Key B2B BNPL MessagingEasy Integration and Implementation Koin Cashback & Store CreditAutomated with Shopify Flow templates | ||
| Key Feature | Instant Credit Decisions | Bulk/Single Edit of Store Credit |
Key Feature Credit Key B2B BNPL MessagingInstant Credit Decisions Koin Cashback & Store CreditBulk/Single Edit of Store Credit | ||
Our Verdict
For merchants primarily engaged in B2B sales within the US and looking to offer flexible payment terms to increase conversions and order values, Credit Key B2B BNPL Messaging appears to be the more suitable option. Its focus on BNPL for B2B transactions directly addresses this specific need.
However, if a merchant is focused on building long-term customer loyalty and encouraging repeat purchases through cashback and rewards programs, Koin Cashback & Store Credit is the stronger choice. Its broader applicability to both D2C and B2B (on Shopify Plus), coupled with its robust store credit management features, makes it well-suited for building a customer retention strategy.
Common Questions
Which app is easier to set up?
Both apps claim easy setup. Credit Key emphasizes 'easy integration and implementation,' while Koin leverages Shopify Flow templates for automation. Without further evidence, it's difficult to determine which is definitively easier.
Which app offers better ROI for B2B businesses?
It depends on the B2B merchant's goals. If the priority is acquiring new customers and increasing order sizes, Credit Key's BNPL offering might yield a better ROI. If the focus is on retaining existing clients and maximizing lifetime value, Koin's loyalty and reward system could be more effective.
Can Koin be used for B2B?
Yes, Koin can be used for B2B, but specifically states support for B2B company locations on Shopify Plus, suggesting it requires a higher tier Shopify plan to use its full B2B capabilities.
Which app handles payment processing directly?
Credit Key handles payment processing by facilitating the BNPL option. Koin doesn't process payments directly; it manages store credit, which customers then use to pay for purchases through Shopify's standard payment gateways.
Is Koin limited to just cashback?
No, Koin allows for various reward programs beyond cashback. Store credit can be issued for loyalty rewards, marketing campaigns, and customer retention initiatives, providing flexibility in structuring customer incentives.
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