#lissy-payouts

1 messages · Page 1 of 1 (latest)

onyx orbit
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hi there! can you explain in more detail what you mean by commission split payouts?

hollow pendant
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I am looking to have the following:
I am a marketplace and I just received a new order of $200
This new order has 2 items, one from Seller A (commission 10%) that costs $100and the other from Seller B (commission 20%) that costs $100

I want the transaction to be charged in my Stripe account (as marketplace), from there retain the commission per seller ($10 and $20 respectively) and then pay out each seller to their Stripe Accounts ($90 and $80 respectively)

onyx orbit
hollow pendant
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in this link the 1st graphic shows a field that says net - that is the amount me as a marketplace will keep?

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And how can I use this in my Stripe integration with VTEX

onyx orbit
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yes, net is the amount you'll keep in that example. i'm not that familiar with VTEX. In short, if you're planning to use Connect, you'll likely need to implement everything from scratch

hollow pendant
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yes, I currently have Connect - but it doesn't work as you mentioned in Charges-Transfers.

And to implement, what guidance should I follow?

onyx orbit
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sorry, i'm not sure i understood, why doesn't it work?

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Let's say I sell an item in preorder at $100 with a deposit of 10%.

So once my customer buys the item he/she will pay only $10, but as soon as the item arrives in stock and is ready to ship I'd like to automatically trigger the pending amount charge, in this case $90.

how long would it take for the item to arrive in stock and ship? Would it ever take longer than 7 days?

hollow pendant
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oh it is not set up. we are migrating platforms, so in the current one is not set up like that. However, in the new platform we'd like to do it correct

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It can take up to 60 days - depends on each seller

onyx orbit
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you can charge the user first for $10. Save their payment method. Then you can charge them $90 later on the saved card.

hollow pendant
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here are 2 things:
I need help in guidance to implement:

  • Charges and Transfers
  • Pre Order Charges
onyx orbit
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do you have a developer? As a heads up, it takes significant effort to implement Connect i.e. Charges and Transfers

hollow pendant
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Yes, I have a developer

onyx orbit
hollow pendant
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Thank you Alex, I will ask them to review this

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Do you or any of your colleagues can join in a call with my developer?

onyx orbit