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WCFM
Direct pay in vendor's PayPal account from customer account.
The facts
- Rating
- 4★ from 9
- Active installs
- 300+
- Price
- Free
- Last updated
- 19 Jan 2024
- Added
- Aug 2019
- Requires WP
- 4.4
- Tested up to
- WP 6.4.10
- Requires PHP
- 5.6
- Downloads
- 20,361
Our analysis
AI-assistedWCFM – Direct PayPal Pay for WooCommerce Multivendor Marketplace is a WordPress plugin that facilitates direct payments to vendors using PayPal. This plugin is designed for use with the WCFM Marketplace, allowing payments to be split between the marketplace owner and vendors based on commission settings.
The plugin is particularly useful for marketplaces operating in regions where laws require direct payments to vendors. It supports transactions in over 200 countries and 25 currencies, making it a versatile option for businesses looking to streamline their payment processes.
Best for: This plugin suits online marketplaces that need to comply with direct payment regulations and prefer PayPal as a payment option.
What it does well
- ✓Enables direct payments to vendors via PayPal
- ✓Supports transactions in over 200 countries and 25 currencies
- ✓Splits payments between admin and vendors based on commission settings
- ✓Utilises PayPal Marketplace API for payment processing
Where it falls short
- •Limited to a maximum of 10 vendors per order
- •Vendors must have a business PayPal account
Verdict
WCFM – Direct PayPal Pay offers a straightforward solution for managing vendor payments in a WooCommerce multivendor setup. It is a practical choice for those requiring compliance with specific marketplace laws.
From the developer
WC Lovers's own description of WCFM, lightly tidied.
Direct vendor payment for WCFM Marketplace using PayPal.
It’s an addon plugin for –
WooCommerce Multivendor Marketplace
Why Direct payment required?
Marketplace laws in some countries, do not allow platform owners to hold payment. This implies, any purchase made by the customer should go directly to the vendor account.
Introduction
By default, when customers made a purchase, the money goes to the marketplace owner, who then distributes it among vendors.
In case you want to enable direct payment, WCFM Marketplace offers that via Stripe. This feature is inbuilt and you don’t need any add-ons for this.
In direct payment, the customer’s money first gets split between the owner and vendors based on the commission settings, and then credited to their individual accounts.
Why PayPal, then?
PayPal is available in more than 200 countries/regions and support 25 currencies, whereas Stripe is available for businesses in 34 countries. Got the point?
What options do we have in PayPal?
PayPal Marketplace API has been implemented from the version 2.0.0 of this plugin.
WHAT WCFM Marketplace – DIRECT PAYPAL PAY DO?
WCFM Direct PayPal Pay enables payment to be split between admin & vendors. The commission amount goes directly to vendor’s PayPal account & the admin fee also goes to admin’s PayPal account. This is now implemented by PayPal Marketplace API.
Restrictions
👉 One order will contain products from maximum 10 vendors (due to PayPal Marketplace API restrictions)
👉 Vendor’s PayPal account should be a business account
Tagged as
industry
Multivendor Marketplace
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