How to Easily Recover Debts from Vendors in CS-Cart Multi-Vendor
Hi!
In CS-Cart Multi-Vendor, our eCommerce marketplace builder, each vendor has their money balance. From this balance, they can pay for the vendor plans. Vendor plans are a convenient tool offering vendors different features at different pricing. Admins use them to automatically withdraw money from vendor balance on a regular basis.
But if a vendor sales are not very good, the vendor can’t keep a positive balance paying for a vendor plan regularly. And the vendor becomes your debtor. For now, you have to manually root out debtors and convince them to pay you. In Multi-Vendor 4.8.1, this won’t be a problem—a new Vendor Debt Payout feature will block a debtor’s vendor panel automatically and let them pay the debt through the marketplace checkout.
In this video, we’re explaining, how Vendor Debt Payout works and what problems it solves:
You are welcome to discuss Vendor Debt Payout in the comments here or on YouTube: share your opinion and ideas on how to improve this function.
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Yan Anderson is the Head of Content Marketing at CS-Cart with over 10 years of experience in the eCommerce industry. He's passionate about explaining complicated things in simple terms. Yan has expertise in building, running and growing eCommerce marketplaces. He loves to educate people about best practices, new technologies, and trends in the global eCommerce industry.