How to configure and automate vendor payouts?

Marketplace operators pay their vendors for the orders they receive. In this article, we will discuss how to configure and automate vendor payouts.

To configure when payments for orders should be triggered to your vendors you should first set up your marketplace returns terms, as well as payment terms

Once this is done you need to connect your PayPal or Stripe account. When your PayPal or Stripe account is connected your vendors will be able to connect their respective accounts to get paid. 

When all of the above is completed, follow the steps below to ensure your vendors get paid automatically:


1. In your Operator account, click on Settings >> Locate Paymements >> Click on Show.
Payments
                                                                                                                                                                             
2.  Click on any of the options shown in the screenshot below.
pay

                                                                                                                                                                             

3. Under Automatic Payouts, Click on Enable to automate the vendor payments on the due dates.

pay1

                                                                                                                                                                             

 

Got more questions? Use the chat on your right or email support@marketcube.io to get in touch.