Accounts used in the payments processing

The payments processing workflow uses the following accounts across the Marketplace Owner and the Vendors.

• Related Articles

• Payments and Payouts through Stripe

  There are three fundamental steps in the payments workflow which enables customers to buy from multiple vendors in a single transaction and allows you, the marketplace owner, to then disburse those funds to the Vendors and recognize your net proceeds ...

• The Omnyfy Stripe Marketplace Payments Integration

  Omnyfy is integrated with Stripe via the “Separate Charges and Transfers” architecture which allows significant control over receipt and disbursement of funds to the vendors on your marketplace. The integration with Stripe offers a completely ...

• Escrow Overview

  Escrow is a payment method that acts as a guarantor for the customer (to only release the funds to the vendor/marketplace owner once the customer is satisfied with the order) and the vendor (to ensure that the funds are there before the products are ...

• Rewards Points - Configuring Spending Rules

  Overview Spending Rules are much simpler than earning them since they only define the rate, at which points can be converted to discounts. This can only be managed by the Marketplace Owner. NOTE: Points can be spent when a customer uses a special ...

• Rewards Points - Configuring Earning Rules

  Overview Earning Rules define ways by which customers earn points. These can be managed by the Marketplace Owners. To create a new Earning Rule, navigate to the Marketing > Promotions > Reward Points > Earning Rules and press the button Add New. ...