direct payment to vendors

Hello Erastus,

Thank you for getting in touch with us,

It is possible that customers pay vendors directly, with the following methods of payment:

• Stripe
• Bank Transfer ( https://marketkingplugin.com/docs/split-bank-payments/ )
• Cash on Delivery

These 3 methods allow customers to pay vendors directly without admin involvement.

With all other methods, the site admin would receive the money and the site admin has to send out payouts to vendors.

Please note that if a method like Bank Transfer or Cash on Delivery is used, generally the commission would work the other way (if you set a 10% commission for admin, the vendor would need to send the commission to the admin later in order to continue using the marketplace).

Let me know if I can help with anything, or if you have any questions,

Kind regards,

Stefan

Yes, this should be possible by using the Split Bank Payments module: https://marketkingplugin.com/docs/split-bank-payments/

Customers should be able to directly see the vendor bank details during purchase (The vendor will enter their details: Bank Name, Bank Account Number etc, and the customer will see the details during checkout).

Currently this can only work by displaying bank transfer / wire details to the customer, e.g.

There would be no way to enter other payment methods, as this is strictly built to work with bank details: bank name, bank account number, swift code, etc.

Of course, this bank transfer can be done offline. Our plugin simply shows the bank transfer details and then is up to the customer how they make the transfer. There is no need to do the transfer immediately or via bank app. Our plugin simply shows the details of the bank name and account number, as visible in the above screenshots.

Hope that helps clarify things.