Paypal Adaptive Marketplace Add-On

Paypal Adaptive Marketplace Add-On
M2

TOTAL:
$199.00
Compatible With: Community 2.1

Tech Specifications

Integrator:
Current Version:
2.0.1
Type:
Stable Build
Updated:
30 January, 2018
Categories:
Extensions, Payments & Security, Payment Integration
Supported Browsers:
Chrome Linux: 42, 43, 44 Mac: 39, 44 Windows: 39, 40, 42, 43, 44 Firefox Linux: 31, 38, 39, 40, 41 Mac: 31, 38, 39, 40, 41 Windows: 31, 38, 39, 40, 41 Safari Mac: 7, 7.1, 8, 9 IE Windows: 10, 11, 8, 9
License Type:

Overview

Integrate PayPal Adaptive Payment gateway in your marketplace and manage split payment via parallel or chained (instant and delayed) payment types.

Other Extensions by WebKul SoftWare Private Limited

Overview

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This module is an add-on of Webkul's Marketplace Module. To use this module, you must have purchased and installed Multi Vendor Marketplace first.

PayPal is the world's largest online payment gateway company that provides various payment solutions to online sellers and customers. PayPal operates in more than 202 countries and it is used by over 218 million registered users. PayPal allows anyone to send, receive, and hold funds in the PayPal account.

With the help of this marketplace add-on, you can integrate PayPal Adaptive Payments system in your marketplace. PayPal Adaptive payment allows a customer to send and split a payment for multiple receivers. PayPal Adaptive Marketplace Add-On supports - parallel and chained (including instant & delayed) payment models.

Important Notes:-

  1. PayPal Adaptive Payments is now a limited release product. It is restricted to select partners for approved use cases and should not be used for new integrations without guidance from PayPal. For more info click here.

  2. To use PayPal Adaptive payments, you need to create an application for integration using your PayPal account, please contact PayPal support.

  3. You can create a new account on PayPal for free of cost. Test credentials for Sandbox account can be also be created.

  4. Chained Payment type will only work when the PayPal support approves your app as per PayPal Acceptable Use Policy.

  5. For doing an online refund, a vendor needs to have a Paypal Business Account. Also, that vendor needs to give 3rd party access permission to the admin.

  6. According to the latest update from PayPal, you need to use HTTPS for IPN postback so that you get verified status as explained here.

  7. As per PayPal latest security updates, a trusted certificate must be installed on your server. PayPal endpoints were recently upgraded to new SHA-256, 2048-bit certificates, please click here for details.

  8. PayPal charges 2.9% + $0.30 per transaction. For detailed pricing information, click here.

Security and PCI Compliance -

Payment Card Industry Data Security Standard (PCI DSS) is a set of 12 requirements that all businesses who handle credit/debit card payments must comply with. It provides business best practice guidelines to establish a "minimum security standard". PayPal has achieved PCI DSS compliance certification under various programs and standards. PayPal is committed to secure as well as protect a customer's financial data.

For additional information, you may visit PayPal security and privacy page.

Use case of Paypal Adaptive Marketplace Add-On -

Split payment functionality is necessary for any online marketplace, as there are multiple vendors who are selling various categories of products. Therefore, when a customer makes a payment, the funds can be easily transferred to each vendor and the store owner. The admin can also use the chained-delayed payment method for holding the vendor payments until the shipment is confirmed or refund period is over.

Features of Paypal Adaptive Marketplace Add-On -

  • Automatic split payment functionality for the vendors and the admin

  • Works with PayPal parallel and chained (instant & delayed) payment types

  • Allows a vendor and the admin to do online refund via PayPal

  • Allows full and partial online refund functionality

  • Configure who will pay the transaction fee - sender, primary receiver, or each receiver

  • Enable/disable PayPal adaptive method module

  • Set payment method title for the frontend

  • Select allowed countries who can use the payment method

  • Select new order status - pending, processing, or suspected fraud

  • Admin can click 'Release Vendor Payment' button for transferring the pending fund to a seller

  • Customers can use various credit/debit cards - Visa, MasterCard, Discover, Amex.

  • Customers can make payment using their existing PayPal account           

Workflow of Paypal Adaptive Marketplace Add-On -

Once the module is installed, the admin needs to do module configuration. The admin will set a frontend title, select payment type, enter its PayPal credentials. After that, each vendor will enter their own PayPal account details in marketplace account section and save it.

Now, during a checkout process, a customer will choose the PayPal Adaptive as the payment method and click Place Order. After that, the customer will be redirected to the PayPal website, where he/she will enter its PayPal login details or pay using debit/card. Once the payment is confirmed, the customer will be automatically be redirected to the store.

In 'Parallel' payment type, each vendor and the admin will receive their payments instantly in their PayPal accounts. But, in case of 'Delayed Chained' payment type, the admin will get the complete payment. For sending the payments to vendors, the admin will go to Sales>Orders section, select an order, find Delayed Chained Payment tab and click 'Release Payment' button.

Benefits of Paypal Adaptive Marketplace Add-On -

PayPal is the best solution for receiving online payments from customers. Due to its credibility and security, online users prefer to use PayPal for sending and receiving online payments all over the world.

PayPal Adaptive Marketplace Add-on will allow the store owners to hold vendor payments and release them later. It is also useful for managing multiple vendor payments in an order. The payment will be automatically distributed to the vendors and the admin.

Demo - You can check the live demo here.

Release Notes

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2.0.1:

  • Compatible with CE: 2.1
  • Stability: Stable Build
  • Description:

    -------------------------------- Version 2.0.1 --------------------------------------
    - Fixed issues according to Magento 2.1.0
    + Updated composer.json file
    + Payment will be split between seller and admin.
    + Admin can enable or disable this payment gateway.
    + Admin will get the commission based on sellers.
    + This module will support (Parallel, Delayed Chained, Instant Chained )
    adaptive payment.
    + Multiple seller support found.
    + Only PayPal API support found.
    + Proper Paypal Id validation, seller can only set his valid PayPal id
    + Allow seller and admin to refund online
    + Now Seller and Admin both can do online Partial/full refund to the buyer in
    chained and parallel both types of payment.

Support

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The best place to start if you need help with a specific extension is to contact the developer. All Magento developers have both a contact email and a support email listed.

Q & A

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Reviews

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