As an admin, you might want to collect payments and then disperse them on your own, rather than allow payments to be split automatically.
This allows you to manually delay payments till your buyers/renters/service requesters tell you the services have been rendered. It also allows you to manually fulfil partial payments.
With generic payment processors, as a Merchant of Record, the marketplace administrator will be receiving all the money (subject to the commission from your payment partner/s) from transactions on your marketplace. The marketplace administrator will keep the marketplace transaction fee and transfer the remaining transaction sum to the marketplace seller. Arcadier’s generic payment feature does not support split payments even if the payment processor has that feature.
Due to this, even though it is possible to use a combination of default and generic payment processors in your marketplace, we would advise marketplace administrators to use only one type of payment flow —either Arcadier’s default split payments or generic payments — to reduce issues you may face in settling payments with your merchants.
To help you understand how payment flows work with generic payment processors, we have prepared a video for you. Click here to watch the video. Click here to access our GitHub resources on how to connect your generic payment processor and here for Merchant-on-record (MOR).
Arcadier allows you to integrate with a payment gateway of your choice that allows such functionality. Examples of these would be:
- Stripe Connect: https://stripe.com/docs/connect
- Paypal Express Checkout: https://developer.paypal.com/docs/integration/direct/express-checkout/integration-jsv4/
This is a complex procedure and we would recommend that admins seek the help of payment integration specialists for this step.
Admins can find payment integration specialists at the link below: