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What support does StoreHippo ecommerce platform for chained or split payments?

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StoreHippo expert

In the StoreHippo ecommerce platform, you can set up the chained/split/adaptive payment. Split or chained payment is a payment from a sender that is indirectly split among multiple receivers. It is an extension of a typical payment from a sender to a receiver (administrator of the store), in which a receiver, known as the primary receiver, indirectly passes part of the payment to other receivers, who are called secondary receivers. The primary receiver of the payment gateway in this flow is the admin of the store and the secondary receivers are the sellers of the store. StoreHippo allows you to setup the adaptive/split payment in your e-commerce store through the payment gateways, which are:

  • PayPal Adaptive 
  • PayU Aggregator 
  • Stripe Connect

 

Setting up the adaptive/split payment method by payment gateways is four steps procedures:

  1. First of all, you need to register on the payment gateway 
  2. Next, you need to set up the Payment Method 
  3. After that, add the Seller Ledger Rules
  4. Finally, you need to add the Seller Payout Methods

To know more about the chained or split payment, go to the helpcenter - https://help.storehippo.com/topic/setting-up-chainedsplit-payments


Oct 8, 2020 7:21:43 PM

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