Transaction fees between Vendors and Paymentgatewayprovider

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

This topic contains 3 replies, has 3 voices, and was last updated by Avatar vanilladev89 1 month, 1 week ago.

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  • #93301
    Avatar
    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

  • #93347
    Avatar
    info143
    Participant

    Hello again,

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

    Hanna

  • #93586
    WCFM Forum
    WCFM Forum
    Keymaster

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

    Thank You

  • #101605
    Avatar
    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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