Service for automatic Payout to Vendors Bank Account

Home Forums Stripe Commissions & Gateway Support Service for automatic Payout to Vendors Bank Account

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This topic contains 1 reply, has 2 voices, and was last updated by  Anna 9 months, 3 weeks ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #69423

    Ernesto Paczona
    Participant

    Hi,

    we are using WC Vendors Pro in combination with WooCommerce. Each Product is linked with a Vendor and a commission fee in %.

    I am searching for a solution where the vendors get paid automatic direct to their bank accounts from my bank account.

    I don´t want to use kind of wallets, paypal or other complicated things (for the vendor), actually they just can read informations about their business and payments on their Dashboard without any settings.

    WC Vendors shows me how much commission each vendor should get and how much of that is already payed out, it would be great if i could send their money full automatic or maybe with a one click solution.

    I think this isn´t possible with the Stripe Gateway, because it can´t transfer money from my bank account to another.

    Do you know a Service which can handle this and which is compatible?

    I´m grateful for any help.

    Thanks
    Ernesto

    #69523

    Anna
    Keymaster

    @justtesting
    Hello Ernesto,
    No- we do not have a method at this time that would allow the automatic transfer of the funds directly to a vendor’s bank account.
    The best way at this time to pay vendors via bank account is to pay them manually from your bank account to theirs. You can then use whatever payment gateway or gateways you wish for the customers- ass funds would go to the site admin; you, as admin, would then payout your vendors on whatever schedule you wish from your bank account to theirs.

Viewing 2 posts - 1 through 2 (of 2 total)

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