Magento 2 Marketplace Braintree Payment Gateway - Magento 2 Braintree Payment Gateway Marketplace Add-on allows the seller to add Braintree Payment Gateway for their products. This module is designed to simplify the payment process for online Magento store. Using this module customer can do the transaction with a reliable and secure payment gateway. It will provide an easy refund process to their customers. The admin and the seller both can refund the invoiced amount. And both have the option to partially refund the amount as well.
Important Note :
- Online refund by seller and admin will be applicable when the transaction status is “Settled”.
- This module is an add-on of the Magento 2 Marketplace Module. To use this module you must have installed first Magento 2 Marketplace.
Secure and Reliable Payment Method
Braintree provides the best and secure methods by fluent transactions.
Process Refunds Immediately
With Braintree refunds are just another easy process to do.
Manage Braintree Transactions
The admin can check the transactions done by Braintree payment methods.
Get regular notifications for automated events via Webhooks.
Marketplace Braintree Admin Management
Magento 2 Marketplace Braintree Payment Gateway is designed to simplify the payment process for online Magento store. Marketplace Braintree Payment solution provides large no. of options to store Admin. The admin can configure the module as per his requirements.
- Enable/Disable Vault option.
- Admin can enable/disable Hold in Escrow setting.
- Enable/Disable Auto Release amount from Escrow.
- Can define the number of days for autorelease.
- Can define Minimum and Maximum order total.
- Accept Payment from Applicable Countries.
Marketplace Braintree Order, Invoices, Transaction
The store owner can find seller transaction, order, invoices with Marketplace Braintree Payment Gateway. If the Marketplace Braintree Transaction Status is Authorized or Submitted For Settlement then admin can void or cancel the transaction.If the Marketplace Braintree transaction status is Settled, then an invoice will be generated.
- Invoices for the settled transaction.
- An invoice will be created automatically as well as manually.
- Online Cancel/Void Order Release the payment to the seller using Hold In Escrow.
Marketplace Braintree Refund Management
Magento Marketplace Braintree Payment Gateway provides an easy Refund to their customers. In Braintree, Refunds are always associated with a transaction that has settled, meaning the funds have already transferred from the customer to the merchant. A refunded transaction goes through the settlement process; as soon as the refund settles, the funds are sent back to the customer’s bank account. Braintree will return the entire amount to you.
- The seller can do an online refund by generating a credit memo. The admin can also do an online refund by generating a credit memo.
Webhook In Marketplace Braintree Payment Gateway
Webhooks are real-time notifications that alert you whenever an automated event occurs in our system. Magento Braintree Payment Gateway provides Webhook i.e “Sub-merchant account approved, Sub-merchant account declined, Transaction disbursed, Disbursement, Disbursement exception, Dispute opened, Dispute lost, Dispute won”.
- Disbursement Exception
- Dispute Opened
- Dispute Lost
- Dispute Won
- Sub-merchant Account Approved
- Sub-merchant Account Declined
Magento 2 Marketplace Braintree Payment Gateway Features -
- Allows the seller to add Braintree Payment for their products.
- Accept main credit cards worldwide: Visa, MasterCard, American Express, Discover, JCB and other credit cards for payment from buyers.
- Provide Secure, Trusted and Fast payment to your buyers
- Allow all types of cards supported by the Braintree.
- Latest Braintree Drop-in UI used for checkout page.
- Fully PCI Compliant, no card details submitted to the client’s server.
- The admin can enable vault to store card details.
- The customer can re-use card details if saved in the vault.
- The admin can enable escrow seller fund to release in future.
- The admin can set to release escrow amount automatically (using cron, will execute daily at 1 am).
- The admin can define when to release escrow amount in the number of days.
- The admin can also manually release escrowed amount for a particular transaction in the order.
- The admin can refund the invoiced amount.
- The admin can partially refund invoiced amount.
- Enable/disable payment method from admin panel.
- The seller can refund Braintree transactions online.
- The seller can also partially refund the order.
- The payment automatically splits to sellers at the time of checkout
- The seller can become sub merchant by providing required details, and able to receive funds if payment is done by Marketplace Braintree Payment Method.
- Braintree hooks are used to check the sub-merchant status and update seller accordingly, and to inform the seller about transaction disbursement, cancel or any dispute.