3b. Vendor KYC - Manual Payouts Approval Process
In order to payout a vendor, the vendor needs to have their KYC approved. Usually, if you're using Stripe, this is handled by Stripe once the vendors input their information in their interface.
Approving a Manual Payout
Navigate to Select Payout Type
in the Marketplace Management
- Select the Vendor using the tick box on the left
- Click on Actions on the top left
- Select Update KYC Status from the dropdown
- Click on Approve KYC
This will then change their KYC Status to Approved. The vendor can now receive Manual Payouts.
3a. Vendor KYC - Stripe Approval Process
Omnyfy uses Stripe Connect for vendor registration and KYC processing. Vendors sign up with stripe to complete KYC and banking registration. Once you've onboarded a Vendor through the Vendor Signup and Approval processes, the Vendor can then sign in ...
1. Vendor Signup Process
For open marketplaces, Omnyfy enables Vendors to sign up from the front-end of your marketplace and includes an approval process for vendors Marketplace owners can decide on whether or not to enable Vendors to signup to the marketplace from the ...
Vendor Onboarding Overview
This workflow is a high level overview of adding a vendor to the marketplace. Please note the steps on this diagram are not numbered to the same steps as per the order of the detailed guides. See the below links to follow the detailed guide order: ...
2. Manage Vendor Profile
When the vendor is approved by the Marketplace owner, the Vendor will receive an email notification with the link of the Omnyfy Marketplace. The first step after receiving this access is to setup the Vendor account. Without this step, the Vendor will ...
4. Manage Vendor Frontend Store View
After completing the profile, the Vendor will then define the store details. All the information that customers will see when viewing the store page will be defined in this step. Managing the Frontend Store View Log in to Omnyfy Marketplace Backend. ...