YITH Paypal Adaptive Payments for WooCommerce – Premium
Imagine this scenario:
You are spending time with a colleague of yours while you get the idea of selling online a product you are going to work together at, after the initial moment of euphoria, then a list of questions wil arise such as: How will we divide the income? When are we going to get paid? Who is going to keep track of the payments?
Unfortunately in most cases, these questions are not easily answered and can be cause to a lot of frustration.
This could be the case of a video course, a music file or any kind of creative work you decided to share 50% of your income with.
SELL YOUR PRODUCTS ONLINE SHARING YOUR EARNINGS WITH YOUR COLLABORATORS OR PARTNERS
YITH PayPal Adaptive Payments for WooCommerce allows you to share the payments you receive on your store with all the partners you want, instantly and automatically.
You will just have to specify the share of the income and your partner’s PayPal account and our plugin will take care of the rest , using PayPal’s API keys it will let you share the payments of all of your sales andr to receive the money immediately on each respective account.
This system is great! It will not only allow you to have a potential number of collaborators or partners, but you will also be able to handle them in a quick and easy way.
Besides, thanks to the compatibility with our best seller plugin YITH WooCommerce Multi Vendor you can perform automatic payments to all of your vendors in order to save precious time.
To use the plugin, it is essential to have a Paypal app with PayPal Adaptive Payments service, already approved, and a server that meets the following requirements:
For further information about how to create a new app, we suggest reading this page of the guide.
Enable PayPal Adaptive Payments on your shop (this method will be automatically shown as the only available one if products from more sellers are in the same cart)
Add one or more “vendors” to your shop and set a specific commission percent to each of them that applies to all their sales
Override the general settings by setting specific vendors and commissions in the product edit page
Two different payment methods:
Parallel Payments: the complete list of vendors is shown to users during the purchase and the payment is immediately split among all vendors
Chained Payments: you are the only one seller in front of your customers.The whole amount is first credited to your account and only later commissions will be paid to vendors.
Delay the payment of commissions to vendors since the date the purchase is made (available only with Chained Payments)
Force payment of commissions (if any) on each order manually
Make tests using your sandbox environment, and spare you the trouble of using your own personal PayPal account