Vendor Paypal Adaptive Addon for Magento2 accommodates extended features of CedCommerce Marketplace extension. It is strong payment addon of the marketplace. It benefits Vendor who can easily get the payment instantly according to the commission rule set by the admin. This extension helps the merchant to easily manage the transaction between the vendor and admin commissions. This marketplace payment addon is more compatible in Magento 2 architecture.
Either in parallel or chained
Split Payment either in parallel or chained method and transfer payment instantly to vendors and admin.
Easy calculation of vendor payment and admin commission.
Payment can be refunded in case of order cancelled.
Paypal Adaptive payment types-
This type of method is an old payment method where only one sender and one receiver who receive the payment, if you are running site where the order is placed for only one vendor's products and payment is directly send to that vendor only. In the back process, the merchant receives the commission either manually or by some other means.
Parallel payment is one of the method of the paypal adaptive payment. By using this payment method admin can allow the customers to make payment for their placed order having products of different vendors.In this customer can clearly see that how many vendors are going to get the payment. Amount will be calculated on the basis of the CedCommerce Marketplace calculation method and payment will be made parallel to all the receivers.
Chained payment comes under the paypal adaptive payment. In the chained payment there is one sender (customer) and multiple receivers but there is only one primary receiver(admin) and multiple secondary receiver will be there who will get the payment after the release of the primary receiver.
Chained payment is further divided in two section
Instant Chained Payment
Here the payment released instantly by the primary receiver to the secondary receivers as he get the payment by the customer.
Delayed Chained Payment
Here the delayed payment is intentionally hold by the primary receiver after receiving payment by the customers. Admin wait until the order has been transferred to the customers. After that the payment release to the vendors.
This addon will not work without the above given extension.
NOTE: Please purchase the extension only when you have Paypal Adpative credentials, as Cedcommerce Inc. will not be responsible for getting adaptive credentials for customer.
Fixed compatibility issue with Magento 2.2.5
Minor bug fixes
How Vendor PayPal adaptive is different from another payment method?
Other payment methods allow the admin to pay manually to the vendor but, using this addon the payment can be split between the site owner and multiple vendors simultaneously.
How many types of payments are available in vendor PayPal adaptive?
Three types of payments are available: 1.simple payment: where only one sender and one receiver who will receive the payment directly will be involved. 2.parallel payment: admin can allow the customers to make payment to many vendors for having product from different vendors at a time. 3.chained payment: In the chained payment there is one sender (customer) and multiple receivers but there is only one primary receiver(admin) and multiple secondary receivers will be there who will get the payment after the release of the primary receiver.
How admin can set the PayPal adaptive setting from admin panel?
By going to the System Configuration menu in the admin panel >Vendor configuration >sales>payment method where It will show you the PayPal Adaptive Payment section, through which you can select the method.
Does customer will be able to see the split payment between the vendors?
Yes, By parallel payment method, if the customer makes payment of multiple vendors product at a time then he/she can see that among how many vendors the payment will be divided.
How many vendors get the payment from customer in parallel payment method?
The Parallel payment method allows dividing the payment among 10 vendors at maximum.
Does Admin hold and sustain the amount of vendor?
Yes, In delayed chained payment method, Admin Can hold the payment of vendor and release it to the vendor only when the product is delivered to the customer.
What is sandbox mode in the PayPal adaptive method?
When a vendor wants to make a payment for testing then, vendor set the sandbox mode to ‘Yes’ and test his setup properly.
Why Choose CedCommerce?
Constant Technical Support and Services
We provide a pack of profound advisory services, resolving technical queries, and providing constant sales and after-sales expertise solutions over multiple mediums.
Our extensions stand up with the Magento standards and are developed by our Magento Certified Experts, who even belong to the contribution team at Magento.
One Stop Solution
We provide Complete eCommerce Marketplace Solutions, Extensions, Integrations, Mobile app development, Importers, Marketing automation, Digital marketing services, Drop shipping and Much more.
Review and Rating
You make me happy
Truly amazed with cedcommerce,No word’s to describe the their best module and support.
by Anne belfort on 3/11/2019
Happy with this extension and it provide more than that i need so, thankyou cedcommerce for the great support.