Direct pay Vendor, Admin paid automatically.

  • Resolved HCVNI

    (@hcvni)


    6 years, 4 months ago

    Hi,
    I wonder if you would tell me if this would be possible please?

    When a customer buys an item from my site, all of the money goes to the Vendor (I know that bit is already possible) but then, instead of me having to ask Vendors for my money, I will get paid automatically. The Vendor would pay the transaction fees.

    These will be a lot of small value transactions (less than £50) so it would be a lot of work, and of course some Vendors will never pay then just close their account.

    The other reason is that I don’t want to have all the money coming through my account, even for only a second, as it will push up my turnover artificially and cost me extra money down the line.

    There used to be a thing called Chained Payments which I used years ago, but I think that was discontinued by PayPal.

    Many thanks in advance.

Viewing 8 replies - 1 through 8 (of 8 total)
  • martined

    (@martined)

    6 years, 4 months ago

    Hi I have the same question, if all payment goes to my account as store admin then this will be a great deal of work for me to keep managing which products sold which vendor to send payment to and if the order has cancelled etc etc.
    Instead it will be easier if the item payment goes to vendor’s account and I get the % of commission in my account.

    Please can you reply?

    Thanks

    Plugin Author WC Lovers

    (@wclovers)

    6 years, 3 months ago

    HI,

    These will be a lot of small value transactions (less than £50) so it would be a lot of work, and of course some Vendors will never pay then just close their account.

    – Well, this is a lot as we have to move fund from vendor account to Admin’s account.

    Thank You

    Thread Starter HCVNI

    (@hcvni)

    6 years, 3 months ago

    I’m sorry, I don’t understand your answer.

    Do you mean it’s possible, but a lot of work, or that it’s not possible?

    Thanks.

    Plugin Author WC Lovers

    (@wclovers)

    6 years, 3 months ago

    Well, hope you have already setup payment gateway as Admin under WooCommerce setting?

    Now, if you want to transfer money from vendor account to admin account then such setup will require for vendors as well.

    Thank You

    Thread Starter HCVNI

    (@hcvni)

    6 years, 3 months ago

    I was thinking more of a split payment, Admin and Vendor both get paid their cut immediately, that’s the way it used to work.
    Thanks.

    Plugin Author WC Lovers

    (@wclovers)

    6 years, 3 months ago

    Understand, but this is not possible using PayPal right now as they have deprecated their adaptive api.

    Thread Starter HCVNI

    (@hcvni)

    6 years, 3 months ago

    I thought there was an alternative to that now though.
    Never mind, thanks anyway, please consider this closed.

    Plugin Author WC Lovers

    (@wclovers)

    6 years, 3 months ago

    NO, PayPal is now very limited.

Viewing 8 replies - 1 through 8 (of 8 total)

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