Typically, marketplaces accept payment to their account and pay the seller after the buyer accepts the goods. I am not a company and therefore I cannot work as a marketplace on a par with Amazon, control all payments and deliveries.
Therefore, I need payment at all without the mediation of my marketplace site. While I'm getting promoted, I'll have few sellers, and I don't want to open a company account to accept and transfer money. A monthly subscription fee from each small online store will suit me.
It would be needed for you (the admin) and for each vendor to open a Stripe account. Then it would be possible for payments to be split automatically, everyone receiving their share of the money / commission automatically.
It is not currently possible with other payment options.
Let me know if I can help with anything, or if you have any questions,
Stripe is available to vendors in the 46 countries here: https://stripe.com/en-gb-ro/global - you and your vendors would need to be based there or have a company there.
Our MarketKing plugin includes a Stripe module, you do not need any other Stripe plugin. This is part of MarketKing Pro, so only MarketKing Pro will work.
There is no fee to connect the store - but there is a fee per transaction, around 3% of each transaction. You can choose who pays the fee: the website admin or the vendor.
Hello!
I want to create several small online stores on 1 domain.
- - -
I need to:
+ the seller can specify their wallets for online payment in different payment systems.
+ the buyer could pay directly to the seller's wallets in online payment systems.
+ online payment systems made it possible to connect several wallets of different sellers for one marketplace domain.
I'm not sure if marketplace plugins have this.
Does your plugin MarketKing https://wordpress.org/plugins/marketking-multivendor-marketplace-for-woocommerce/ have this feature?
- - -
Why is that:
Typically, marketplaces accept payment to their account and pay the seller after the buyer accepts the goods. I am not a company and therefore I cannot work as a marketplace on a par with Amazon, control all payments and deliveries.
Therefore, I need payment at all without the mediation of my marketplace site. While I'm getting promoted, I'll have few sellers, and I don't want to open a company account to accept and transfer money. A monthly subscription fee from each small online store will suit me.
Hi there,
Thank you for getting in touch!
Currently in our plugin this is only possible using the Stripe gateway: https://woocommerce-multivendor.com/docs/marketking-stripe-connect-automatic-split-payments-refunds-3d-secure-2-stripe-integration/
It would be needed for you (the admin) and for each vendor to open a Stripe account. Then it would be possible for payments to be split automatically, everyone receiving their share of the money / commission automatically.
It is not currently possible with other payment options.
Let me know if I can help with anything, or if you have any questions,
Kind regards,
Stefan
Thanks, I understand it posible!
The Stripe plugin for WooCommerce is free. So?
WooCommerce Stripe Payment Gateway - https://wordpress.org/plugins/woocommerce-gateway-stripe/ ?
Can I use Stripe with the free version of MarketKing?
do I have to pay to connect Stripe to an online store? - probably this - Recurring pricing models - https://stripe.com/docs/products-prices/pricing-models
Do I need any documents for stripe (to register a company)?
If you know, can you provide a link?
what is the percentage for stripe services? - I haven't found it yet. very big help - https://stripe.com/docs .
Stripe is available to vendors in the 46 countries here: https://stripe.com/en-gb-ro/global - you and your vendors would need to be based there or have a company there.
Our MarketKing plugin includes a Stripe module, you do not need any other Stripe plugin. This is part of MarketKing Pro, so only MarketKing Pro will work.
There is no fee to connect the store - but there is a fee per transaction, around 3% of each transaction. You can choose who pays the fee: the website admin or the vendor.
You would need to go through their registration process and submit any necessary documents, via this link: https://dashboard.stripe.com/register/connect