Multi Vendor Marketplace Plugin | WCFM Marketplace › Forums › WCFM – Ultimate › WCFM-Payments Tab
- May 29, 2018 at 3:26 am #23930dian.angga.prasetyoParticipant
I’m just curious what can the vendors do on the Payments tab?
What are the functionalities of this tab? What does it mean by Withdrawal and transactions?
I wasn’t able to find any documentation on the functionalities.
- May 29, 2018 at 4:21 am #23935WCFM ForumKeymaster
Thanks for get in touch with us.
Well, as I understand you are using WC Marketplace as multi-vendor plugin.
Now, WC Marketplace has a withdrawal request module for vendors, which allow vendors to request payment from their commissions.
Whenever a commission paid out a transaction generated. Even if for automatic disbursement WC Marketplace generates a transaction.
You are also allowed to disable Withdrawal for vendors two way –
1. WCFM admin settings -> Modules -> Withdraw Request
2. wp-admin -> WCMp -> Settings -> Payment
You will be more know about this from WC Marketplace documentation, check this for reference – https://wc-marketplace.com/knowledgebase/setting-up-commission-and-other-payments-for-wcmp/
Please know me if you have any other queries regarding this.
- May 29, 2018 at 4:56 am #23938dian.angga.prasetyoParticipant
OK, so for example I set my vendors to get an 80% commissions for every product they sold. That means whenever the customer paid for the product, the vendor can request a withdrawal to me by clicking the withdrawal button is that correct? Then I will receive a notification of some sort letting me know that my vendor is requesting for a withdrawal. Then I can proceed to process the request either by Paypal Payout or manual Bank transfer. Is this correct?
- May 29, 2018 at 5:44 am #23943WCFM ForumKeymaster
Yeah absolutely right.
You may set some threshold parameters for withdrawal request from WCMp -> Settings -> Payment as well
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