Important
This add-on replaced the Vendor Debt Payout add-on in Multi-Vendor 4.12.1.
By default, all the money from orders in Multi-Vendor goes to the marketplace owner and then splits between vendors. For more information, please check the article about money flow in Multi-Vendor and how to control it.
The marketplace owner earns money on commissions and vendor plan fees. But what if a vendor doesn’t get orders? Or the marketplace owner charges him for some service, and the vendor can’t pay in time? This is how the vendor may become a debtor.
Previously, marketplace owners had to deal with debtors manually or use the Vendor Debt Payout add-on. In new versions of Multi-Vendor, the Vendor-to-Admin Payments add-on was created to completely replace the old add-on.
The Vendor-to-Admin Payments add-on allows you to work with debtors automatically. The marketplace owner can hide the debtor’s products and/or block the debtor’s admin panel. If the debt is not paid for a long time, the suspended vendor may be disabled.
The add-on allows you to set the minimum allowed balance for vendors, and the time to refill the balance after it goes below that point. If a vendor doesn’t refill the balance within that time, he or she will be considered a debtor and get the Suspended status with all the associated restrictions.
By default, the settings are global and are located on the add-on level. But you can allow different values for individual vendor plans.
Even without the add-on, the marketplace owner can manually set the status of any vendor to Suspended on the Vendors page. Then the vendor will be automatically hidden from the storefront, along with his or her products.
The Vendor-to-Admin Payments add-on lets the marketplace owner decide what the Suspended status does. It can:
These measures can encourage vendors to pay off their debts.
With the new add-on, vendors can pay their debts at any time without complications. All they have to do is enter an amount of money, and click the Refill balance button. Then vendors will be redirected to the сheckout page. All restrictions will be removed automatically once the payment is processed.
The add-on adds many different notifications. For example, it notifies the vendor or the marketplace owner:
You can find the links to notification settings in the add-on settings. The notification settings are also available in Administration → Notifications.
Once a week, the owner receives a report which contains current information about debts and debtors’ accounts.
The add-on allows you to automatically disable the suspended vendors. A disabled vendor loses access to his account, and he is not able to pay off his debt anymore. Disabling the debtors helps the marketplace owner to get rid of “dead” accounts.
Questions & Feedback
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