After making an online payment by a customer, the store owner gets the money in its bank account. Now, when the product is delivered to a customer, the store owner deducts its commission and wires the balance amount to the vendor.
After wiring the payment to the vendor, the admin can click the Pay button and update the marketplace transaction records.
Shipping Cost – If the store owner has provided the shipping service, the shipping cost will be added to the commission. Otherwise, the vendor will receive the shipping cost with its payment.
Please click here to checkout OpenCart Marketplace payment extensions. With the help of the Split Payment feature, the amount is automatically divided among the vendors and the store owner.
Please do contact us for any further queries or requirements, you can also check our Opencart Extensions for additional features.