Vendor Paypal Adaptive Addon [M2]

Vendor Paypal Adaptive addon for Magneto2 instantly split the payment and dispatch it to vendors and admin instantly to build up Magento 2 store.

Key features :

• Payment split between vendors and admin instantly
• Parallel payment Support
• Instant Chained payment Support
• Delayed Chained payment Support

Overview

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.

Features

Either in parallel or chained

Split Payment either in parallel or chained method and transfer payment instantly to vendors and admin.

Vendor payment

Easy calculation of vendor payment and admin commission.

Payment refund

Payment can be refunded in case of order cancelled.

Paypal Adaptive payment types-

Simple Payment

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

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.

Simple Payment

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.

Requirements

CedCommerce Multi-Vendor Marketplace Extension

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.