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Joomla Virtuemart Stripe Connect For Marketplace

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Joomla Virtuemart Stripe Connect For Marketplace: Here is now unique Joomla Virtuemart payment solution for a marketplace, with the help of this extension admin can easily manage n number(s) of seller associated with his marketplace. As the seller(s) are generally scared about their payment cycle and they are waiting for their payments from the owner of the marketplace but this extension release all pressure from the seller(s) and marketplace owner by providing a transparent payment ecosystem where everyone ( all seller(s) and site admin) will get their payment instantly.

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Joomla Virtuemart Stripe Connect For Marketplace - Here is now unique Joomla Virtuemart payment solution for a marketplace, with the help of this extension admin can easily manage n number(s) of seller associated with his marketplace. As the seller(s) are generally scared about their payment cycle and they are waiting for their payments from the owner of the marketplace but this extension release all pressure from the seller(s) and marketplace owner by providing a transparent payment ecosystem where everyone ( all seller(s) and site admin) will get their payment instantly.

Joomla Virtuemart Stripe Connect For Marketplace Features -

  • Admin can easily integrate Stripe Payment Gateway into Joomla Virtuemart Marketplace site.
  • Admin has to fill details in the plugin back-end Provided by Stripe for accepting Payment.
  • Any user/customer can easily make payment.
  • Automatic currency converter according to payment currency set in plugin configuration.
  • Data of Every transaction is stored in Database.
  • Helps minimising costs and risks(stripe verify identity).
  • Admin can choose the payment mode provided by stripe(Direct or using Platform).
  • Option to choose payment form(stripejs or custom).
  • Configurable layout of form(header color,header image).
  • Also support for zero decimal currency.
  • Stripe Connect provide a fair transaction model.
  • Every seller get their percentage instantly.
  • Release the work pressure from admin-side.
  • Help to build-up a healthy relationship between seller(s) and Admin

Joomla Virtuemart Stripe Connect For Marketplace Support -

For any query or issue please create a support ticket here http://webkul.uvdesk.com

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FAQ

FAQS

Joomla Virtuemart Stripe Connect For Marketplace FAQ :

What is Split Payment?
    Split Payment is a way to divide payments among several accounts. In Simple words, if shoppers purchase product of two different sellers then split payment will calculate and transfer each seller amount to their accounts without any manual interaction. 
 
How does seller connect their account?
   Seller needs to fill their bank account number, Name, and Bank code in their Marketplace profile.  
 
What amount will admin receive?
   Admin will receive commission amount(set by the seller in Marketplace), Payment and shipment fees.For example if a product is of $50 and $2 commission is applied and having shipment cost of $1 and payment cost of $1 hence total cart value is $52($50+$1+$1) ,then Admin will receive $4($2 + $1 + $1) and seller will get $48($50-$2). 
 
What amount will seller receive?
    Seller will receive all the amount of the product after deducting commission.For example, if a product is of $50 and $2 commission is applied then the seller will get $48($50-$2).  
 
What if user add the product from two sellers but one seller did not connect his/her account?
   If the user adds two products of different sellers and one seller is not on Remita or did not connect his/her account then the amount will split as follow: Seller 1(account connected) will get his/her amount. seller 2(not connected account) in this case amount will be given to admin and a proper record is maintained in commission view from where admin can later pay to a seller. 
 
What about shipment and payment fees?
   Shipment and Payment fees are given to admin. 
 
How did admin pay to sellers?
   Admin can pay to seller from commission view in Marketplace. 
 
Did shopper needs to do anything or will know split mechanism performed?
   No, shopper did not need anything to do with split mechanism even seller will not come to know that the amount is split between several accounts. 
 
What details admin needs to use Stripe Connect ?
   Admin needs Stripe credentials. Admin can get credentials from stripe dashboard 
 
What about stripe commission?
   The Commission is deducted from admin fees. 
 

Joomla Virtuemart Stripe Connect For Marketplace - Support

For any query or suggestion please visit our ticket support system : Support System

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