Seller Payouts
In this page you will learn how to setup seller payout and working flow of seller payout.
Last updated
In this page you will learn how to setup seller payout and working flow of seller payout.
Last updated
Seller payout is system when a user order a item from any seller store and it got delivered a pending payout for seller has been created. Once this created Admin need to approve the payout and proceed to pay amount to the seller.
a basic question on every seller's mind is what amount he will get when he sell item on your portal. how amount will divide and what admin will get ? In emart when seller sell the product additional commission is applied by admin if any. Handling charge will also apply at time of payment if any. Suppose seller put a product with price tag of $100 and admin applied commission of 5% on price so on front product price will be displayed $105 Suppose admin put a shipping price of $5 then seller will bear that shipping amount so now total product price will be $105 + $5 = $110 at time of order review. Now if admin also applied some handling charge on each order $5 then final payable amount for user is $115. Once the product is deliver then Admin will pay the Total amount - Commission amount so it will be $105 So as per this Seller earn $105 and Admin earn $10 on order.
Following is example with Simple Products only. Additional variant price not included in this.
Once pending payout is generated after product delivery Admin can view pending payout in
Admin / Pending payouts
Admin need to click on Pay to seller button in order to proceed the payout.
Once clicked on Pay to seller button you will get following view
Now on above view as you can see you have 3 options to pay to seller Paypal payouts , Bank Transfer , Manual Transfer. Let's talk about this options.
Paypal Payouts : Paypal payouts will work only for currency USD as of now and once you pay through Paypal payouts you need (admin) to bear the Transaction fees which may vary amount to amount. If seller is not update his / her Paypal email on Payout settings under Seller Dashboard then on register email id with site, paypal payout will be sent and he / she receive email in order to claim that payout. If he/ she did not claim the payout within 30 days then amount will return back to admin
Bank transfer : In this method you can manually transfer the payment to seller.
3. Manual transfer : In this method you can pay to seller via any other payment method manually and create record for it.
