Knowledgebase
Which payment options are available with the Multi-Vendor edition?
Posted by Steve Naqvi on 13 October 2011 04:11 AM
With the Multi-Vendor there are three options to setup payments.

1. Super admin receives the money for all sales and manually pays the vendors minus his commission eg. at the end of the month. If this option is selected you can use any payment gateway.

2. Vendors receive the money for their sales. If this option is used all vendors need to use the same payment gateway which is paypal website payments. At the end of the month you will invoice the vendors with your commission and ask them to send you the money to your bank account.

For 1 & 2 there is a report you could run to see how much you owe to vendors (1) or vendors owe you (2).

3. Paypal Adaptive. The store owner requires paypal adaptive account and vendors a normal paypal account. If paypal adaptive is used everybody gets paid when the user pays for the order. Vendors will receive the money, minus your commission, to their paypal account and super admin will receive the commission to his paypal account which was deducted from vendors. This way everybody gets paid with one transaction and there is nothing to follow up.


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Comments (2)
JohnJohn Santana
06 July 2012 10:04 PM
How dificult is setup de Paypal Adaptive on Multi-Vendor Shopping Cart?
David
13 July 2012 12:57 AM
Setting up Paypal ADAPTIVE is straight forward like any other payment methods.
All you need to do is to enable the gateway and add your PayPal adaptive account details.

The vendors will only need to add their Paypal account email address only.

Done.
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