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How credit works

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I'm looking to create some products that add credit to a user's account. 
Looking at the docs, it seems like credit can only be manually applied by an admin. 
Is that right? Is there a way to issue credit with a product purchase? An addon that can to this perhaps?

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The AddCredit API call could be used within an addon module or even a hook that has product ids hard coded to add credit to the client account when a order is accepted that has the product id.

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