Transaction fees between Vendors and Paymentgatewayprovider

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Multi Vendor Marketplace Plugin | WCFM Marketplace › Forums › WC Vendors › Transaction fees between Vendors and Paymentgatewayprovider

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    • November 21, 2019 at 8:02 pm #93301
      info143
      Participant

      Hello WC Lovers,

      we would like to set up a marketplace with recurring payment for our vendors. As we do get our money from the recurring payments, there is no need for us to collect commissions of their sales.
      Our question is, if it is somehow possible to install a payment option where the vendor gets all the money from the customer and pays transaction fees directly to their payment provider (like Stripe).
      We know about Stripe Split Payment, but in this case the commission also goes to our account and we have to pay transaction fees to Stripe. We just want all of this transactions done between our vendors an Stripe directly.
      Could the woocommerce checkout be modified in a way this is possible? Or could WCFM provide a solution?

      Thanks a lot!

      Hanna

    • November 22, 2019 at 2:02 am #93347
      info143
      Participant

      Hello again,

      we now found out that there is Stripe Connect. Will this work with WCFM?

      Hanna

    • November 23, 2019 at 12:01 pm #93586
      WCFM Forum
      Member

      Yeah sure, please check here for Stripe setup – https://docs.wclovers.com/vendor-payment/

      Thank You

    • January 11, 2020 at 5:52 am #101605
      vanilladev89
      Participant

      Hello

      This document is out dated. Stripe has changed their dashboard some time ago and this document may mislead users.

      cheers
      VD

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