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    Seller Membership Payment Methods: Multi Vendor Marketplace for Shopify

    Multi-Vendor Marketplace for Shopify has got an add-on by the name Seller Membership. This app lets the Admin create different membership plans for his sellers. Sellers can subscribe to the one they want to start selling on the admin’s store.

    These membership plans can differ on prospects like:

    • The number of products allowed.
    • Commission by membership plan.
    • Time duration as monthly, yearly or half-yearly.
    • Billing grace period.
    • Trial days.
    • Setup fee
    • Membership type as prepaid or postpaid.

    So, as mentioned above, we can create two different types of seller membership plans, i.e., Prepaid & Postpaid Membership Plan. On a prepaid plan, you pay for your service upfront. On a postpaid plan, you pay at the end of the month. 

    Based on the same, the Admin has to enable payment method(s) to receive subscription payments from his sellers.

    In this blog, we are going to discuss the seven different payment methods regarding the same.

    If you want to learn more about the Seller Membership app (installation, configuration or other settings), then visit the following link:

    Multivendor Marketplace for Shopify: Seller Membership

    (This blog is specifically to explain the payment methods in depth.)

    seller membership

    Enable this add-on from the ❛Feature App❜ section of Multi-Vendor Marketplace.

    Once, you enable this feature, you’ll have all the seven payment methods in the Multi-Vendor Admin Panel > Configuration > Payment Details section:

    multivendor marketplace for shopify
    Multi-Vendor Marketplace: Admin Panel (Dashboard)

    On the ‘Payment Details’ page, the Admin will have the following payment methods:

    • Braintree
    • Deduct From Total Earning
    • Manual
    • Payfast
    • Payfast (recurring)
    • PayPal
    AwesomeScreenshot-Payment-Details-Admin-2019-07-09-14-07-22-774x1024-1

    Let’s divine into each payment method that you can enable for prepaid or postpaid plan respectively.

    Payment Methods Available for PrePaid Membership Plans:

    In the case of Prepaid plans, your sellers have to pay before using the service. In other words, as soon as your sellers subscribe for your added prepaid plan, they have to pay first using the payment methods enabled by you.

    There are two kinds of payment methods, i.e., Recurring Payment Method & Manual Recurring Payment Method.

    Recurring Payment Methods

    These payment methods auto-deduct the payment from Seller’s account at the end of his/her billing period.

    There are three recurring payment methods:

    Braintree

    Braintree is a PayPal service used by merchants to accept payments from different providers. This allows sellers to Auto-Pay for their bills.

    The admin needs to provide his account ID to process transactions for different businesses or currencies within your Braintree gateway. Similarly, the seller needs to provide his card details so that at the end of his billing period, the amount will be auto-deducted. Thus, performing a recurring payment process.

    multivendor marketplace for shopify

    Payfast (Recurring)

    Payfast is only available for South African websites.

    Enable this by clicking on the activate button and then providing all the required details regarding your Payfast account:

    MULTIVENDOR MARKETPLACE FOR SHOPIFY

    Manual Recurring Payment Methods

    Manual Recurring Payment Methods are the ones that will not auto-deduct money at the end of the billing period. Instead, the Seller needs to login using his credentials every end of the billing period to pay the amount.

    For this, we have PayPal.

    PayPal

    For the most secure payment, go for PayPal as it is one of the largest and most well-known payment processors out there.

    Check out the currencies supported by PayPal: Support Currencies

    To activate PayPal, you just need to click on the Activate button in the Payment Detail section. Further, enter the email ID associated with your PayPal account to complete the setup.

    MULTIVENDOR MARKETPLACE FOR SHOPIFY

    Payment Methods Available for PostPaid Membership Plans:

    In the case of Postpaid plans, the sellers will receive a bill at the end of each month (or the subscription cycle set by you). Sellers don’t need to pay for the service before using it.

    There are three kinds of payment method that you can enable, i.e., Offline Payment Methods, Recurring Payment Methods & Manual Recurring Payment Methods.

    Offline Payment Methods

    There are two ways using which the Admin can take money from his sellers without activating any online payment method:

    Manual: Prepaid & Postpaid

    While activating this method, make sure to provide all the necessary details (Example: type of payment, i.e., money order, bank wire transaction, internet banking, etc.) so that the seller will be able to pay you manually.

    Similarly, to activate this method, click on activate button from the Payment Details section & provide the required details:

    MULTIVENDOR MARKETPLACE FOR SHOPIFY

    This method is now available for Prepaid Plans as well!

    Manual Payment in Prepaid plan

    You can now allow your sellers to pay the membership fee via manual payment method in the prepaid plan. To allow, you need to enable the tab from the “Membership Configuration” menu of the app.

    Membership_Configuration_Admin

    Once you enable this option, you will have another option to select if you want to approve your seller’s manual payment automatically or not. Moreover, you can set a maximum days limit for your sellers to make manual payment i.e the Grace Period.

    Membership_Configuration_Admin-1

    Case 1:- The Auto-approval option is disabled.

    In this case, if the Grace Period for Manual Payment is set to 2 then, the seller needs to pay for the order within two days. If the payment is not accepted, all the products of that seller get disabled. And the seller won’t be able to access the seller panel.

    Case 2:- The Auto-approval option is enabled.

    In this case, if the Grace Period for Manual Payment is set to 2 then, the payment will automatically be accepted after 2 days, or you can also mark the payment as Paid before 2 days from your admin panel.

    Now, as soon as the seller login to their seller panel, they can select the plan and proceed to pay via manual payment method.

    prepaid plan

    The seller can simply select the manual payment and proceed to pay.

    manual payment

    You as an admin can mark the order as paid from the “Seller Mambership” section of the app.

    Seller_Memberships_Admin

    This was the manual payment options for sellers in prepaid plans of the seller membership feature app.

    Deduct From Total Earning

    Enabling this option will let you as an Admin deduct the seller payment from his/her total earnings.

    To activate this, click on the activate button from the Payment Details section & you’re done. You don’t need to provide any kind of information for the following method.

    MULTIVENDOR MARKETPLACE FOR SHOPIFY

    This method is only available for Postpaid Plans!

    Recurring Payment Methods

    As explained above, recurring payment methods auto-deduct the payment from Seller’s account at the end of his/her billing period.

    There are three recurring payment methods available for Postpaid plan cases:

    Braintree

    To enable the following method, click on activate and set the required details:

    MULTIVENDOR MARKETPLACE FOR SHOPIFY

    Payfast (Recurring)

    Payfast is only available for South African websites.

    Enable this by clicking on the activate button and then providing all the required details regarding your Payfast account:

    MULTIVENDOR MARKETPLACE FOR SHOPIFY

    Manual Recurring Payment Methods

    Manual Recurring Payment Methods are the ones that will not auto-deduct money at the end of the billing period. Instead, the Seller needs to login using his credentials every end of the billing period to pay the amount.

    For postpaid plans, we have PayPal & Payfast as manual recurring payment methods.

    PayPal

    Similarly, to activate PayPal, you just need to click on the Activate button in the Payment Detail section. Further, enter the email ID associated with your PayPal account to complete the setup.

    MULTIVENDOR MARKETPLACE FOR SHOPIFY

    Payfast

    PayFast is a payment processing service for South Africans and South African websites only.

    Enable this by clicking on the activate button and then providing all the required details regarding your Payfast account:

    MULTIVENDOR MARKETPLACE FOR SHOPIFY

    The billing day flow of Seller Membership App goes like this:

    Suppose the Admin has selected the billing Day to 10th of each month and a seller has signed-up on 2nd March then he will have to pay the fee for (2nd March to 9th March). Then on the 10th March, he has to pay the amount for the complete following month, i.e., 10th March – 10th April.

    In other words, irrespective of any signup date, billing will be generated on the 10th of each month (as you have set the billing day to 10th).

    💡 Need Help?

    Drop your query at [email protected] or Webkul UV Desk.

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