Admin can configure how to pay the vendors. There are two options in Dokan Cloud,
- Automatic/Scheduled Withdrawal: This way admin can set a date and time that will automatically trigger the payout.
- Manual Withdrawal: In this process, the vendors need to request a payout.
Go to Settings→ General and you will find all the payout options there,
Automatic/Scheduled: You can schedule or automate your payout system-
- Once a week (choose the weekday)
- Once a month (choose week and weekday)
- Twice a month (Choose weeks and weekday).
Manual/Request to payout: Vendor requests for payout and request will kept pending until admin approves it.
Payout Threshold: A minimum amount of balance can be determined for the vendor to withdraw. Enter the-
- Minimum balance amount
- Order Threshold (Order Maturation Period)
- Pay In day (Select which will be the start of the weekday for payout). The day of the week when the payout will be processed in the vendor account balance and Pay In Day setting does not apply to Automatic Scheduled Payouts and Manual Request Payouts. It is a global setting.
Payout Methods: You can choose the payment method from here. Also, you need to allow the method for vendor and also set the transaction fees.
This is how you can manage the payout.
Note: Admin can approve or reject a payout request with a note.
Read the documentation about Payment methods.
Here is a video on Dokan Cloud Payout Configuration