Multivendor Marketplace for Shopify- Handling & Transaction Charges

Multivendor Marketplace for Shopify: Handling & Transaction Charges
Many times it happens that admin has to bear the handling and transaction charges levied on every transaction or every transfer being made.
Now we have added this feature in the app where these charges can be added in the price of the product while creating the product.

Let’s understand the flow in detail:

This feature will work only when you enable the sales price from the product configuration menu.

• Go to Configuration
• Click on product configuration
• Enable Sales Price

-Once the sales price is ON, then the two options

Transaction Charges

&

The handling charges column appears.

Also, you have to check these options to enter the values.

Handling Charges: This indicates the total handling charges to be added to the product base price. You will get to enter the handling charge while creating the product.

Transaction Charges: This indicates the total transaction charges to be added to the product base price. Also, the moment you will click on transaction charges, you will get the option to enter the percentage and fixed value.

Calculations

It is calculated like:
{(Base price + commission) + handling fee}  + transaction fee = sales price
Let’s say the Base price is = 100$
Commission = 10%
Handling fee = 10$
Transaction Fee = 10% + 5$
{(100$+ 10% commission)+ 10$ handling} + (10% + $5)
=120$ + 12$ + 5$
=$137

Guide on how to manage transaction charges on orders

Moreover, use below link to use the demo of the multivendor marketplace App for Shopify:-

https://multivendor-marketplace-5.myshopify.com/admin

In case of any kind of support/consultancy then please raise a ticket at http://webkul.uvdesk.com/ or drop an email at [email protected]

Thanks for reading this blog!!! 🙂