{"id":879,"date":"2019-11-04T11:34:02","date_gmt":"2019-11-04T11:34:02","guid":{"rendered":"https:\/\/docs.yithemes.com\/yith-woocommerce-multi-vendor\/?p=879"},"modified":"2024-10-29T10:16:42","modified_gmt":"2024-10-29T10:16:42","slug":"yith-account-funds","status":"publish","type":"post","link":"https:\/\/docs.yithemes.com\/yith-woocommerce-multi-vendor\/premium-version-settings\/payments\/yith-account-funds\/","title":{"rendered":"YITH Account Funds"},"content":{"rendered":"\n

YITH Account Funds<\/a> allows all users to have a virtual wallet on your site. They can make a deposit, so the deposited amount can be used as credit for purchases on the site.<\/p>\n\n\n\n

The integration with YITH Account Funds allows you to issue vendors’ payouts into their digital wallet.<\/p>\n\n\n\n

Additionally, if you also install YITH PayPal Payouts, your vendors can request a payment of their store credit into their PayPal account.<\/p>\n\n\n\n

On this page, we’ll go through the following topics.<\/p>\n\n\n\n

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  1. Activate Account Funds gateway<\/a> – and get vendors commission credited to a virtual wallet<\/li>\n\n\n\n
  2. Extra options for vendors<\/a> using YITH Account Funds – included redeeming funds with PayPal<\/li>\n<\/ol>\n\n\n\n

    1. Activate Account Funds gateway<\/h2>\n\n\n\n

    To enable YITH Account Funds as a gateway and credit vendors’ commissions to their virtual wallet on your site, you just have to make sure that both plugins are installed and enabled from the Plugins<\/strong> page.<\/p>\n\n\n\n

    Then, enable the Account Funds payment method in YITH > Multi Vendor > Commissions > Gateways<\/a><\/strong>.<\/p>\n\n\n\n

    \"Activate<\/a><\/figure>\n\n\n\n

    Now, if you want to pay commissions to vendors automatically during the checkout through YITH Account Funds, go to the Commissions Settings<\/a><\/strong> section, and select it as default payment.<\/p>\n\n\n

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    \"Pay<\/a><\/figure><\/div>\n\n\n

    This is the gateway that will be used by default for automatic payments of vendors commissions. Yet, you can also pay the commissions manually through Account Funds as explained here<\/a>.<\/p>\n\n\n\n

    The vendor will be able to see a report of all payments in My Account > Funds history<\/strong>.<\/p>\n\n\n\n

    \"Vendor<\/a><\/figure>\n\n\n\n

    For more details about the configuration of YITH Account Funds<\/strong>, please, refer to the full documentation here<\/strong><\/a>.<\/p>\n\n\n\n

    2. Extra options for vendors<\/h2>\n\n\n\n

    When using Multi Vendor and Account funds, you will be able to enable the dedicated module available in YITH > Account Funds > Modules<\/strong>. This module has to be enabled if you want the vendors to manage<\/strong> and redeem<\/strong> their funds.<\/p>\n\n\n\n

    2.1 Vendors & funds settings<\/h3>\n\n\n\n

    After enabling the module YITH Multi Vendor\/Marketplace, a new section is added to the plugin panel. Here, you can find all the options related to vendor permission and redeem settings.<\/p>\n\n\n\n

    Vendor permission<\/a><\/h4>\n\n\n\n
    \"Funds<\/a><\/figure>\n\n\n\n