Adaptive Payments for Magento marketplace
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Hi,
I want to create a marketplace with digital (downloadable) goods. The marketplace is built on Magento and I want to buy Webkul's Marketplace Extension, which has included PayPal Adaptive Payments. On the marketplace I will have two kinds of users: Sellers and Buyers.
Let's say John is a seller and Jane is the buyer. John wants to sell a template for 100$. Jane buys it for 100$. Here I want to apply a fee for this item, let's say 20%. The payment should split in two halfs: Me (admin) and John, so I will get 20$ and John will get 80$. I (the marketplace owner) want to pay the PayPal fees, not John.
Questions:
1. What kind of PayPal Payment type I need?
2. At which step will the PayPal fees apply?
3. What are the fees, taking in consideration that I'm from Romania and the marketplace will be global, so I will have international payment fees too.
Thank you in advance!
Regards,
Zsolt.
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Hi Zsolt
we are the creator of webkul marketplace module and paypal adaptive solution for magento marketplace , let me put some thoughts on your query
Let's say John is a seller and Jane is the buyer. John wants to sell a template for 100$. Jane buys it for 100$. Here I want to apply a fee for this item, let's say 20%. The payment should split in two halfs: Me (admin) and John, so I will get 20$ and John will get 80$. I (the marketplace owner) want to pay the PayPal fees, not John.
about this part yes this feature is already in there using webkul marketplace and paypal adaptive module . Please find the plugin link and user guide
https://store.webkul.com/Magento-Marketplace-Paypal-Adaptive-Payment.html
http://webkul.com/blog/magento-marketplace-paypal-adaptive-payment/
for your case you should choose paypal adaptive split / instant payment method which is already supported by webkul marketplace + paypal adaptive addon
Questions:
1. What kind of PayPal Payment type I need?
As i said you can use , you should choose paypal adaptive split / instant payment method which is already supported by webkul marketplace + paypal adaptive addon
2. At which step will the PayPal fees apply?
Paypal fee will be applied during the transaction
3. What are the fees, taking in consideration that I'm from Romania and the marketplace will be global, so I will have international payment fees too.
For that purpose you need to check the fee rates on the volume of the purchase and payment , paypal team are quite active on it and you can contact them directly . If you any further query you can contact to us at https://webkul.com/contacts and we will help you for sure . Thanks
Team WebKul

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