Payment flow in the Multivendor app

Published on: 29-10-24 01:32am

Abhishek Chaudhary

Publié le - 29-10-24 01:32am

In the Multivendor app, the Admin receives the full order payment from the buyer/customer.

Then, the Admin transfers the payment to the seller after deducting their commission.

The Admin has the option to make payments to sellers/vendors through offline and online payment method.

1. Offline payment methods: You can use the below-listed methods offline. Our Multivendor marketplace app will track the amount in the app and can have a record of the way you pay the seller, but you need to make the payment outside the app.

  • Internet banking
  • Bank wire transfer

Online Payment Methods (Automatic): We offer three automatic payment methods.

  1. PayPal Payout Payment: With this feature, sellers receive their earnings automatically once they mark the order as delivered/fulfilled. You can learn more about it in this user guide: https://webkul.com/blog/multivendor-marketplace-for-shopify-paypal-payout-payment/

  2. Stripe Connect: Our Marketplace app includes Stripe Connect Integration. When customers pay for their orders, the amount is directly split between the seller and admin based on the commission settings. Both admin and sellers need to have Stripe accounts. Here's a guide for Stripe Connect: https://webkul.com/blog/shopify-multi-vendor-marketplace-stripe-connect-integration/

  3. RazorpayX Payment: This feature enables merchants to pay their sellers through the Multivendor app using the RazorpayX gateway. Please note that this option is only available for merchants and sellers in India. You can find more details in the RazorpayX user guide: https://webkul.com/blog/multivendor-marketplace-razor-payx/

Please refer to the detailed user manual of "Payment Flow in Multivendor app" to understand how you can pay sellers: https://webkul.com/blog/shopify-multivendor-marketplace-app-payment-flow/

 

 

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