Woocommerce and split payments

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MisterBigglesworth

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I see Wordpress Woocommerce has the option to split a payment if paying via PayPal, which is great as PayPal will be a payment option for a website I'm busy with. We will also handle CC payments too, anyone know if its possible to split payments percentage wise for online orders placed via CC? Will need to handle local/international (the latter no a requirement - more of a nice to have just in case).

Find info on Google..but nothing about how to do this locally, hope someone here can help with info on this? :confused:
 
CrazyFig said:
I see Wordpress Woocommerce has the option to split a payment if paying via PayPal, which is great as PayPal will be a payment option for a website I'm busy with. We will also handle CC payments too, anyone know if its possible to split payments percentage wise for online orders placed via CC? Will need to handle local/international (the latter no a requirement - more of a nice to have just in case).

Find info on Google..but nothing about how to do this locally, hope someone here can help with info on this? :confused:
Click to expand...

Id imagine payment splitting is on the onus of the person selling a product and adding that functionality into their shopping cart platform.
 
It's a website, owned by 3 people. So all items purchased, they want split as a percentage to each (15-15-70) at the time an item is paid for by their customers. Thats the requirement though, would be easier to manage monthly and pay out at each month end etc...but ja, this is what they want...PayPal offer this (customer wont see the split on payment)...but for our local CC's payment processing, no idea about this... :confused:
 
CrazyFig said:
It's a website, owned by 3 people. So all items purchased, they want split as a percentage to each (15-15-70) at the time an item is paid for by their customers. Thats the requirement though, would be easier to manage monthly and pay out at each month end etc...but ja, this is what they want...PayPal offer this (customer wont see the split on payment)...but for our local CC's payment processing, no idea about this... :confused:
Click to expand...

Ok sorry you are not making any sense.

What is the use case.
 
A customer buys item X for R100 and pays via credit card, R100 is deducted from the customers credit card. At the time of purchase, the R100 the customer paid for item X is split into R15, R15 and R70 and deposited into 3 different bank accounts.
 
Seems pretty easy... just use a local pay provider.
 
I see a bunch of local payment gateways will integrate with Woocommerce, and a fee is levied for each payment made. In this case, they will add a fee for each of the 3 splits is needs to do. Hmm, will have to inform the client...have a feeling they dont realise this - but that makes sense. Will contact them quick...lets hope its an easy thing to implement!
 
I know what your client wants to do, but what they want and how you'd do it is often times different.

You'd need to get their accountant into this whole "need" they have to do this, as this is easily done within the books, we do it every day, splitting up line items to go into different GL Accounts so they can do reporting off of how much they made on what. At the end, if payments need to be made, the profit is split up after costs.

Sounds to me like they don't know much about business (nor do I pretend to know a lot, just saying how we do it, and we have pricewaterhouse coopers on our asses weekly to conform)
 
Tell them not to waste their time, its not doable.
The payment processor will just pay - charges -> 1 account thats setup at the payment processor.

Better to stick all the money received into their business account, then their accountant can do the 15/15/70 split when they take out of the account.

This is just a silly requirement, and just doesn't make sense anyway to be implemented.
If they're really gung ho on it, then quote an outrageous figure to implement it, and you'll soon see it get dropped as a requirement..
(Which is my way of steering clients away from stupid decisions).
 
Yep, I agree with you guys on this. PayFast dont offer this...and really, on a per order payment model...it will eat into their profits. Will approach them and discuss other options.
 
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