With the QloApps Marketplace Stripe Payment Gateway Module, the marketplace admin can ease his process of managing commission and seller booking amounts manifold.
This Module allows marketplace guests to pay for their bookings using the Stripe payment gateway and then splits the booking amount based on admin commission and seller earnings in real-time, and transfers it to the individual accounts of the admin and seller.
QloApps Marketplace Stripe Payment Gateway Module streamlines the payment process for admin and eliminates the manual transfer process he had to perform to send sellers their share of the booking amount.
Therefore, saving admin’s time and bringing efficiency and accuracy to the transaction process.
Let’s discuss how the admin can configure and use the QloApps Marketplace Stripe Payment Gateway Module to facilitate your payout process.
NOTE: Before buying this module, you have to visit Stripe to confirm the availability of the Stripe payment gateway in your country.
Note: Kindly install the QloApps Marketplace module before installing this module.
You can easily install the QloApps Marketplace Stripe Payment Gateway Module in QloApps in 3 steps.
By following these steps the Admin can successfully install the “QloApps Marketplace Stripe Payment Gateway Module” in QloApps.
After completing the installation of the module, it will be added to manage modules. The admin will click on the configure button to configure this module.
Now, to configure the module you have to enter the following details:
Admin must have an account on https://stripe.com/, only then the admin can have the API keys required for setting up a Stripe payment gateway on the site.
Therefore, if the admin is a new user, he first will have to create his account on Stripe. After creating the account, follow the following steps:
Note: Use test keys if you are using it in test mode otherwise use live keys if you are using it in live mode.
Redirect URL
After obtaining the client ID, The admin needs to add the redirect URL in his stripe account for authorizing connection using the Redirects option below OAuth Settings in the integrations section of the same page.
Redirect URL to be used: https://yourwebsite.com/module/qlompstripepayment/stripeconnect
Note: The admin has to replace yourwebsite.com in the redirect URL with his site domain
Once the admin has enabled the module, it’s time for sellers to connect their Stripe accounts.
The seller can connect the Stripe account using the newly added tab of Manage Stripe in his account.
This is how the seller can connect and manage his Stripe account with the QloApps Marketplace Stripe payment gateway to receive his share of the booking amount in real time as soon as the guest books his room and pays for the booking using the Stripe payment gateway.
After the admin and seller complete the configuration process of the module, the stripe payment gateway will be added as an available mode of payment using which guest can pay for his booking order.
Once they click on Stripe Payment Gateway, They will be redirected to the Stripe website where they can choose whether they want to pay using a payment link or by card and complete the payment process.
After the guest completes the payment process, the booking amount will be transferred into the admin account after which it will get split into two parts: admin commission and seller earnings.
The share of seller earnings will be transferred into the seller’s connected stripe account automatically from the admin account in real time. Thus, easing the transfer process for the admin.
Admin can view the list of all the transactions made by the guests using Stripe Payment Gateway under the marketplace stripe transaction menu bar in the transactions option.
Once the admin clicks on the transactions option, a new page of transactions will open on which the list of all the transactions will be displayed to the admin.
The admin can view the details of each transaction by clicking on the view option.
If you are using the QloApps Marketplace Module, then you should definitely use this module to optimize your payment process and save time by eliminating the manual payout process of seller booking amounts.
I hope this blog helped you understand the working and configuration of the QloApps Marketplace Stripe Payment Gateway Module.
Current Product Version – V 1.0.0
Supported Framework Version – QloApps 1.6.x
