How vendors will be paid at Zorarte Marketplace
By following these steps, vendors can ensure they receive timely and secure payments for their sales on the Zorarte Marketplace.
At Zorarte Marketplace, vendors are typically paid through a streamlined and secure process. Here's a step-by-step explanation of how vendors will be paid:
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Step 1: Set Up Your Payment Method
- Log In to Your Zorarte Account: Use your registered email and password to log in.
- Access Your Shop Dashboard: Navigate to the shop dashboard from your account settings.
- Go to Payment Settings: Find and click on the "Payment Settings" option in your shop dashboard.
- Choose a Payment Method: Select your preferred payment method from the available options (bank transfer, PayPal, Stripe).
- Enter Payment Details: Provide the necessary details for the chosen payment method, such as bank account information or PayPal email address.
Step 2: Make Sales
- List Your Products: Ensure your products are listed with detailed descriptions and high-quality images.
- Promote Your Shop: Use marketing strategies to attract customers to your shop.
- Process Orders: When a customer places an order, make sure to process and ship it promptly.
Step 3: Order Completion
- Order Confirmation: Once an order is placed, you will receive a confirmation notification.
- Ship the Order: Pack and ship the order to the customer as per your shipping policy.
- Mark as Shipped: Update the order status to "Shipped" in your shop dashboard to notify the customer.
Step 4: Payment Processing
- Order Completion Verification: Once the order is marked as shipped, the marketplace may hold the payment until the customer confirms receipt or after a predefined period (7 days) to ensure the customer has received the product.
- Payment Release: After the verification period, the payment for the order will be released to your account.
Step 5: Payout to Vendors
- Payment Schedule: Zorarte Marketplace may process payouts on a regular schedule (weekly).
- Payout Initiation: On the scheduled payout date, the marketplace will initiate the transfer of funds to your chosen payment method.
- Transaction Fees: Be aware of any transaction fees or commissions deducted by the marketplace before the payout.
Step 6: Receive Funds
- Bank Transfer: If you selected a bank transfer, the funds will be deposited directly into your bank account. The processing time may vary depending on your bank.
- PayPal/Stripe: If you selected PayPal or Stripe, the funds will be transferred to your PayPal or Stripe account.
Step 7: Monitor Your Earnings
- Check Your Account: Regularly check your payment method account (bank, PayPal, Stripe) to confirm receipt of funds.
- Review Payout History: Use the payout history feature in your Zorarte shop dashboard to keep track of all payouts and ensure accuracy.
Additional Tips
- Keep Accurate Records: Maintain accurate records of all transactions and payouts for accounting and tax purposes.
- Contact Support: If you encounter any issues with your payments, contact Zorarte Marketplace support for assistance.