Store Credit Shopify Apps – Market Share Breakdown
(Updated October 2026) See which store credit Shopify apps dominate installs and how their share has shifted over time. This keyword page shows the full market share table, monthly share trends for the leaders, and a country-level breakdown so you can compare global vs regional dominance.
Store Credit Shopify Apps — Full Market Share Table
All tracked store credit Shopify apps ranked by current install share, with change vs 30 days ago and Leader / Climbing / Declining / Stable status — filterable by country and date range.
| # | App | Market Share | Change | Status |
|---|---|---|---|---|
| 1 |  Koin Store Credit & Rewards | 51.11% | 2.45 | Declining |
| 2 |  Essent Loyalty Program Rewards | 15.02% | 1.05 | Declining |
| 3 |  Store Credit Redeemly Rewards | 11.47% | 1.84 | Climbing |
| 4 |  Appstle Loyalty Program Reward | 5.22% | 1.95 | Climbing |
| 5 |  Rise Gift Cards & Store Credit | 3.34% | 1.71 | Declining |
| 6 |  UpPromote Affiliate Marketing | 3.30% | 0.11 | Declining |
| 7 |  GV: Gift Card & Store Credit | 3.29% | 2.51 | Climbing |
| 8 |  Casa Loyalty Points & Rewards | 1.91% | 0.05 | Declining |
| 9 |  AfterShip Returns & Exchanges | 1.56% | 0.12 | Declining |
| 10 |  Affiliate Marketing ReferrLy | 1.13% | 0.00 | Declining |
Showing 1-10 out of 25
Key Insights:
- Koin Store Credit & Rewards holds 51.1% share of store credit app installs — 36.1pp ahead of Essent Loyalty Program Rewards (15.0%).
- Top 3 apps (Koin Store Credit & Rewards, Essent Loyalty Program Rewards, Store Credit Redeemly Rewards) account for 77.6% of all store credit install share — a concentrated market.
- GV: Gift Card & Store Credit is gaining share fastest this month (+2.51pp) — the largest single gainer among the top store credit apps by share.
- Koin Store Credit & Rewards is losing share fastest (-2.45pp) — could indicate a churning user base or a stronger challenger gaining ground.
Store Credit Shopify Apps — Market Share Over Time
Monthly market share trajectory for the top 5 store credit Shopify apps over the past year — see who's gaining or losing install share month by month.
Charts Data
| App | May 2026 | Jun 2026 | Jul 2026 | Aug 2026 | Sep 2026 | Oct 2026 |
|---|---|---|---|---|---|---|
| Koin Store Credit & Rewards | 60.9%26.07 | 50.6%10.27 | 57.6%7 | 53.4%4.25 | 49.7%3.69 | 51.5%1.77 |
| Essent Loyalty Program Rewards | — | — | — | 15.1% | 16.1%1.04 | 15.0%1.18 |
| Store Credit Redeemly Rewards | 6.3%1.15 | 5.8%0.52 | 7.0%1.28 | 8.9%1.82 | 10.3%1.39 | 11.6%1.3 |
| Appstle Loyalty Program Reward | 5.2%3.05 | 4.9%0.36 | 6.0%1.13 | 3.2%2.8 | 5.4%2.21 | 5.2%0.25 |
| Rise Gift Cards & Store Credit | 8.7%5.49 | 4.6%4.08 | 5.6%1.02 | 4.9%0.67 | 5.8%0.87 | 3.4%2.44 |
Key Insights:
- Koin Store Credit & Rewards's share contracted from 58.5% → 51.5% over the charted period.
- Of the top 5 tracked store credit apps, 2 grew share and 3 lost share — challengers are eating into leader's share.
Top Store Credit Shopify Apps by Country
Per-country market share rankings for store credit Shopify apps across 5 markets — see which apps lead in each country and where regional leaders diverge from the global leader.
| # | 🌎 Worldwide |  United States |  India |  China |  United Kingdom |
|---|---|---|---|---|---|
| 1 | | | | | |
| 2 | | | | | |
| 3 | | | | | |
| 4 | | | |  | |
| 5 | | | | | |
Key Insights:
- Essent Loyalty Program Rewards leads in United States; Koin Store Credit & Rewards leads in India.
- Koin Store Credit & Rewards leads worldwide, but 3 of 4 tracked markets crown a different leader — Essent Loyalty Program Rewards in United States, UpPromote Affiliate Marketing in China, and others.
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Top 5 Apps in Store Credit
- Koin Store Credit & Rewards — Leads store credit apps with 51.5% install share, rated 5.0★ — losing share this month.
- Store Credit Redeemly Rewards — Holds 11.6% of store credit app install share, rated 4.9★ — gaining share this month.
- GV: Gift Card & Store Credit — Holds 2.9% of store credit app install share, rated 4.3★ — gaining share this month.
- Rise Gift Cards & Store Credit — Holds 3.4% of store credit app install share, rated 4.7★ — losing share this month.
- Essent Loyalty Program Rewards — Holds 15.0% of store credit app install share, rated 5.0★ — losing share this month.
Store Credit Shopify Apps — Frequently Asked Questions
1. Which store credit app has the highest market share on Shopify?
Koin Store Credit & Rewards dominates the store credit category on Shopify with 51.1% of installs — 36.1pp ahead of Essent Loyalty Program Rewards. This is a clear leader by share, so most merchants default to it unless they have a niche-fit reason to pick differently.
2. How is market share calculated for store credit Shopify apps?
For store credit (a keyword page), market share is rank-weighted — apps at position #1 carry roughly 40× the weight of apps at position #22, and apps beyond #22 are excluded. Each app's weighted score is divided by the total weighted score across the keyword to give the share %. This reflects Shopify search behaviour: most installs come from the top of the results.
3. Which store credit apps are gaining market share on Shopify?
GV: Gift Card & Store Credit is gaining store credit app market share fastest this month, up +2.51pp versus 30 days ago. Switch the table sub-tab to "Market Share Changes" to see all gainers ordered by movement.
4. Which store credit apps are losing market share on Shopify?
Koin Store Credit & Rewards has lost the most market share this month among store credit apps (-2.45pp). Sort the table by Change (Low to High) to see the full list of decliners.
5. Which countries drive the most store credit Shopify app installs?
United States drives the largest share of store credit app installs at 25.1%, followed by Brazil at 9.5% and Australia at 7.5%. Use the country picker on the third card to compare market leaders by country.
6. How many store credit apps does ShopDigest track on Shopify?
ShopDigest tracks 96 store credit apps on the Shopify App Store. Market share, rankings, and review data refresh weekly so you can track competitive shifts as they happen.
