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Payment Methods for Sellers in CS-Cart Multi-Vendor Marketplace
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Instructions on setting up payment methods:
Marketplace accounting is another tough thing you have to deal with. You need to take commissions from vendors and pay out vendors’ share. Multi-Vendor offers you tools to set up automatic payouts that will save 90% of your time on accounting.
The Accounting page allows you and your vendors to track the balance and all the transactions. Here, a vendor requests withdrawals and the admin—issues payouts. In case of manual payouts the money transfer itself isn’t performed through the marketplace except for the Vendor debt payout feature that is demonstrated here in another video.
Automatic payouts are carried out via built-in payment methods. These are PayPal Adaptive, Stripe Connect, and PayPal for Marketplaces. These payment methods distribute money between vendors and send commissions to your account automatically.
Check out the video description on YouTube for the instructions on how to set up PayPal Adaptive, Stripe Connect, and PayPal for Marketplaces.
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