marketplace - payments

Marketplace currently works a bit opposite this: all customer payments go to store and store pays sellers a fraction (set by marketplace settings commission rate) of the amount received from customer. Your scenario would work: on the 15th of each month, STORE pays seller 90% of sales.

There is a big problem with the current payment option. If people start to buy stuff from your page and you, as the shop owner get all the money, then after some days you transfer the money to the sellers paypal or bank. But what if the people start a chargeback. Then the users will get the money from your bank account, even if you already send the money to the seller :(
So I am looking for a way to send the payment directly to the seller and get the money from the seller later, like ebay. This solution is much better and more secure.

I agree and acknowledge that the payment system is for limited use cases only. For some stores, the solution is actually quite elegant and useful. For others, it will not work. Unfortunately, from my research for the module, Paypal does not offer API support for splitting up payments (i.e. amongst sellers in cart). Of course, you could issue multiple transactions, but that complicates everything (i.e. Ubercart does not support it w/o custom work) and handling billing is difficult as well. I think eBay has it much better, because eBay owns Paypal, so the integration is ideal.

It would seem Amazon has a solution that may suit the purpose much better: https://payments.amazon.com/sdui/sdui/business?sn=devfps/marketplace

I will have to look into integration. I believe Amazon FPS is being integrated with Ubercart currently, and integrating this should be similar.

Is it possible to send the money directly to the seller? May be for future versions it would be a way to send a bill to the users every month so they pay the commission later on. But I really would like to know if it is possible to send the money directly to the seller not to the shop owner - without the commission of course.

Turgrit is it possible to send the money directly to the seller?

Not currently. Paypal masspay (through store owner) is the only implemented solution at the time.

I would also be interested in an integration that would allow the buyer to pay the seller directly. I think it would make life easier for the shop owner and would put the responsibility for taxes on the seller instead of the marketplace owner.
Thank for all your hard work.

Another promising option by Paypal to compete against Amazon: http://www.techcrunch.com/2009/07/06/paypal-looks-to-crush-amazons-fledg...

I'm interested in assisting with cash to get a support for Amazon's payment service; let me know what it would take.

Regards,
Chris

I like the way it works now from a buyer point of view. I don't like having several carts and making multiple payments when I'm trying to buy 5 items. The first time I shopped on Etsy, I almost abandoned my cart after I realized I have to make different payments to each vendor. I want my customers to shop and pay with ease. When you buy on Amazon, you pay for everything at once and you are done.

If the product is returned for any reason after you have made the payment to the seller, you can contact the seller to confirm the return, refund the customer and the seller will now have a credit of that amount. In the next payment, you send the seller his/her money minus the refund money. (P.S. I'm not sure how the refund process works yet). Another option would be to have the seller refund the buyer directly from their account on the website, Amazon uses this method too.

I'm interested in assisting with cash to get a support for Amazon's payment service; let me know what it would take.

+1 I'd consider some offering some monetary compensation for Amazon FPS marketplace integration

I don't have a huge budget, but it could add up if there are multiple contributers.