Vendor Payout via Stripe Connect

[Dan Eng]

Hi,
I am hoping to use WCFM Marketplace (I have purchased all WCFM plugins) for my platform and I would like to understand the following:
1) Is it possible for order to be completed only when customer acknowledge receiving the item or after 14 days of receiving the item (delivered status)?
Vendors will only get paid when items have been delivered in the above situations.

2) What type of account should vendors create for Stripe?
I think that Stripe connect is being used on the WCFM Marketplace and vendor will need a Stripe account to receive their payments. On Stripe, there are 3 types of accounts (Standard, Express and Custom) and some are only available in certain countries.

Thanks for the great work.

Hope to hear from you soon.

[WCFM Forum]

Hi,

Thanks for gt in touch with us and that’s great to know you are using WCFM Marketplace 🙂

1. Well, you may set “Withdrawal Threshold” to 14, so that vendor can not withdrawal for that order till 14 days.

2. Stripe Standard will work for the purpose. It’s direct transfer from Admin Stripe Account to Vendor’s Stripe account

Thank You

[WCFM Forum]

Check this please – https://wclovers.com/knowledgebase/wcfm-marketplace-withdrawal/

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