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Multi Vendor PayPal Commerce for Magento 2: The most essential part of any Marketplace is undoubtedly a smooth-running payment solution. After all, it is the payment method that has to manage and process all the crucial information of a customer. This is even essential to retain the customer’s trust. Obviously, it the end, no customer wants to hear that their card information is revealed to cyber frauds.
Therefore, big giants focus on integrating trusted payment methods with their marketplaces and thus make a mark in an e-Commerce world. Integrating Paypal with Magento 2 can thus turn out to be fruitful as it facilitates a split payment functionality amongst the sellers and the store owner.
Please Note -
- This is a marketplace add-on, so you need to install Webkul's Marketplace Multi Vendor Module for Magento 2 first.
- Also, the Magento 2 Split Cart Marketplace Add-on module is essential for the proper functioning of this module (inclusive in the package; there’s no need to purchase it separately).
- For integrating PayPal Commerce into Magento 2 Marketplace Mobile App, paid customization work will be needed, contact sales.
- For the efficient utilization of this module, it is a must to activate PayPal Commerce in the account. For more details please connect with the PayPal Commerce via the link.
Highlighted Features
PayPal for Customers
The store owner can incorporate the PayPal Payment Gateway so as to offer a smooth and secure payment process.
PayPal Commerce
This module aids Instant and Delayed payment modes, i.e. either seller receives the amount instantly or the admin transfer the amount manually.
Seller Authentication with PayPal
The sellers have the leverage to allow PayPal for their customers to make payments.
Processing Refunds
Refunds can be processed by both the admin and the sellers from their respective panels.
Why do we need the PayPal Commerce Marketplace Plugin?
When setting up a marketplace, one of the prime and foremost requirements for any store owner is to integrate a good to go, secure and trustworthy payment gateway. Of course, it's an essential step to gain a customer's trust as no customer will be happy about losing their money to frauds while making a purchase from your website.
If this happens, then it shall generate a sense of insecurity in your customer's mind, and you end up losing a valuable customer. PayPal Commerce Marketplace Plugin facilitates the admin to inculcate the PayPal Services for the marketplace.
The store admin can allow two different types of payment modes, i.e. Instant or Delayed. The Instant payment mode dispurses the amount to the seller as soon as the customer makes the payment.
Unlike Instant Payment mode, the delayed payment requires the admin to manually transfer the amount to the seller from the admin panel. Further, this module allows, both the admin and the sellers to process the refund for the customers from their respective panels.
Obtaining Client ID and Secret Key
To use the PayPal Services, the admin of a store has to first gather the client id and the secret key.
- Initially, the admin must create an app with Paypal.
- This requires the admin to login to PayPal Developers Account.
- Once logged in, the admin can create an app under My Apps and Credentials page.
- The admin needs to add the App Name and choose Sandbox Developers Account and proceed to create the app.
- Finally, the admin needs to choose either Sandbox or Production account, for which the client id and secret key is to be generated.
Store Owner Permissions
PayPal, which is known to be one of the most trusted Payment Gateways, is in demand and store owners are integrating this Payment Method so as offer their customers a secure and fraud-free payment process.
- The admin can enable Paypal for their customers.
- To make use of PayPal Services, the admin needs to collect the client id and the secret key.
- The admin can choose disbursement mode as Instant or Delayed.
- A title may be set for the payment method, which displays on the frontend.
- The admin must choose either sandbox or production mode, as need be.
- To display this payment on the frontend, the admin can set sort order.
- Thereafter, admin can tap on Generate Webhooks, which in turn generates sandbox webhooks on PayPal’s account.
Payal Commerce: Instant and Delayed
PayPal Commerce, which was formerly known as PayPal for Partners, which provides effective solutions for users where they can sell or buy products or services.
This module as well supports PayPal Commerce i.e. Instant or Delayed payments.
- While setting the configurations, the admin may choose either Instant or Delayed against the Disbursement Mode tab.
- If chosen Instant, the seller amount is instantly transferred to the seller.
- On choosing Delayed, the admin has to manually transfer the amount to the seller.
- The admin, as well as the sellers, can view the transaction details for the orders.
- For delayed payments, the seller’s transaction will only display once the admin releases the vendor amount.
- Both the admin and the sellers have the leverage to process the refund for the customers.
Seller PayPal Authentication
PayPal Commerce Marketplace Plugin leverages even the sellers of a marketplace to enable PayPal payment gateway for its users.
- The seller will find a PayPal Onboard menu option in the seller dashboard.
- On clicking PayPal Onboard, a link, Enable PayPal shall be visible.
- It redirects the seller to the first step of the authentication process.
- The seller needs to add the email id and location in the first step.
- In the next step or page, the vendor has to choose the type of account (personal or business).
- Further, the admin will sign up and add business details.
- In the end, the seller will receive a confirmation email which the seller has to verify and finish the authentication process.
- On getting authenticated with PayPal, the seller will receive a message, ‘set up is complete’ in the seller dashboard.
A Secure and Smooth Payment Method for Marketplaces
- The most essential aspect of any Marketplace is a smooth flowing payment solution.
- For that reason, one can always choose Paypal, which is known for its efficient payment split functionality.
- Initially, to create an account, the users need to enter their credit card details.
- Thereafter, the credit card details are not revealed, not even to the sellers.
- It is free i.e. it does not charge any processing fee or membership fees.
- It ensures that no online payment declines if any user is paying online for purchase.
- Most of all, one can even transfer funds or money in just a mouse tap.
Minimal Payment Frauds
- Credit card information is in safe hands and Paypal ensures that no hacker tries to misuse the buyer’s critical information.
- Another feature, the One Touch feature of Paypal facilitates the users to just add the login details.
- When the user pays for their online transactions, they will not have to enter the details again.
- Moreover, if a user doesn’t get the product in the right condition, Paypal ensures a full refund for the product.
- Be it a domestic or an international customer, Paypal assures a faster, hassle-free and secure payment for both.
Why one must choose Paypal for Customers?
- Definitely, if you do not wish to lose the critical card information to the hackers.
- It assures a refund if the customer(s) do not receive the order/ product if in the right condition or at the right time.
- Unlike other payment methods, it offers an added level of security, i.e. it does not save the critical info like CVV or pin in the online store’s database.
- It’s absolutely free, i.e. and you don’t need to pay any additional charges to avail Paypal services.
- It offers special discounts which the customers can avail of in the form of promo codes. These codes can be used while making a purchase.
Features
- Initially, the admin enables the Paypal Payment Method for the customers.
- The client and the secret key is to be retrieved for configuring the payment method.
- The admin receives the commission based on the sellers.
- Also, this module supports Instant and Delayed payment Disbursement Modes, i.e. PayPal Commerce.
- To enable Paypal services, the seller must authenticate with PayPal.
- The payment gets split into the seller and the admin.
- Both the admin and the sellers can process the online refund for the customers.
Support -
For any query or issue, please create a support ticket here http://webkul.uvdesk.com/
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Frequently Asked Questions
Which module for Magento 2 offers PayPal Commerce for marketplaces?
PayPal Commerce Marketplace Plugin integrates the PayPal Payment Method, thereby allowing the Marketplace owners and sellers to Enable Paypal services for their customers.
What is the major requirement of this module?
To make use of the PayPal Services, the admin will have to gather the client id and the secret key and configure the same.
What additional feature does the PayPal Commerce Marketplace Plugin inlay?
This plugin aids PayPal Commerce as the name suggests, i.e. Instant and Delayed payment modes.
To enable PayPal at the seller end, what is the prime requirement?
The sellers must authenticate with the PayPal, first, after which the sellers can enable PayPal payment gateway for the customers.
Who is allowed to process the refund for the customers?
The admin and the seller can process the refund in their respective panels.
How is PayPal Commerce Marketplace Plugin beneficial for the customers?
PayPal does not reveal the customer credit card details to the seller, and also, the customer can make payments in multiple currencies for global purchases.
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Request Customization
- + Features
- - Bugs
Version 3.0.0
- + Payment will be split into seller and admin.
- + The admin can enable or disable this payment gateway.
- + The admin will get the commission based on sellers.
- + This module will support Paypal Commerce (Instant and Delayed) payment.
- + Proper Paypal Id validation, the seller can only set his valid PayPal id
- + Allow seller and admin to refund online
