Vendor Payment

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Vendor Payment

You can pay commission to your vendor using any custom payment method by the following two methods:-

– Manually: Admin needs to manually pay the vendor their commission from admin’s custom payment account.
– Automatically: You can make the custom payment plugin compatible with WCMp by doing custom code, so vendors will be paid automatically.

For paying the vendors directly at checkout, you can use our add ons, WCMp Stripe Marketplace or WCMp Mangopay Marketplace.
Using these, the vendor’s will get paid instantly from checkout. 

Yes, vendor’s commission is automatically disbursed as per the disbursement schedule and payment gateway (see the screenshot –https://prnt.sc/pukqph) set up by the admin.

Yes, you can set withdraw threshold using our plugin. For this, all you have to do is, set up the disbursement threshold via WCMp >> Settings >> Payment >> Payment Settings (see the screenshot – https://prnt.sc/pvci0j )

A vendor can view all the payment methods enabled by the admin via WCMp >> Settings >> Payment (see the screenshot – https://prnt.sc/pwf7tn ), but can select only one payment method for receiving the commission from the site owner via Storefront >> Billing (see the screenshot – https://prnt.sc/pwf904 ). 

You can charge the extra transaction fee charged by Paypal by enabling the gateway charge option via WCMp >> Settings >> Payment >> Payment Settings, set the payment gateway charge bearer as “vendor” and set up the amount (see the screenshot – https://prnt.sc/pwfkbp ).

You can check the doc here.

To let vendor’s bear the coupon cost, all you have to do is, enable “Share Coupon Discount” via WCMp >> Settings >>  Payment >> Payment Settings (see the screenshot – https://prnt.sc/pwfodu )

To charge the vendors the extra charge for shipping and tax, all you have to do is enable shipping and tax options via WCMp >> Settings >> Payment >> Payment Settings (see the screenshot – https://prnt.sc/pyp177 )

To pay the vendors on a monthly basis, set the disbursement schedule as “monthly” via WCMp >> Settings >> Payment (see the screenshot – https://prnt.sc/pwt9sp )

Admin Fees is what you, the site admin, charge on every product sold and vendor Commission is what you, the site admin, pay the vendor. For further reference, you can check here.

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