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Vendor Payments and Fees
There are four options to set the vendor fees and vendor payment options.
Fees and Commissions
A. Charge a monthly fee
B. Charge a % per transaction
C. Charge a monthly fee and a % per transaction
D. Create subscription packages and limit the amount of products they can upload. So is up to you to use any combination.
Vendor Payments
The store owner can either receive all payments on behalf of all vendors or allow vendors to be paid.
Note: If PayPal's adaptive payment option is used, PayPal splits the money between super admin and vendors, e.g. An order with items from three vendors. Paypal will split the order amount between the three vendors minus the store owner's commission. With PayPal Adaptive enabled, vendors will receive the money, the store owner will get the commission from all vendors, and all these will be done with ONE transaction.
Fees and Commissions
A. Charge a monthly fee
B. Charge a % per transaction
C. Charge a monthly fee and a % per transaction
D. Create subscription packages and limit the amount of products they can upload. So is up to you to use any combination.
Vendor Payments
The store owner can either receive all payments on behalf of all vendors or allow vendors to be paid.
Note: If PayPal's adaptive payment option is used, PayPal splits the money between super admin and vendors, e.g. An order with items from three vendors. Paypal will split the order amount between the three vendors minus the store owner's commission. With PayPal Adaptive enabled, vendors will receive the money, the store owner will get the commission from all vendors, and all these will be done with ONE transaction.
Updated on: 22/02/2025 12:46
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