28 March, 2024
Braintree Marketplace Payment Gateway

Braintree Marketplace Extension – The easiest way to share revenue in a multivendor marketplace is not having to

For all those marketplace operators out there, splitting revenues between sellers will be a daunting task. Well, worry no more as Apptha has come up with a handy solution which helps you to take the eyes off payment splitting work and start focusing of other productive areas.

How it works

Braintree Payment extension is the newest entrant in Apptha’s ever-extending list of add-ons for Magento store owners. This payment extension is made to split payments automatically between multiple vendors and marketplace admin.

Apart from revenue splitting, payment refunds can be done immediately and can be put on hold by the admin as well.

Braintree Marketplace proves handy in areas like affiliate payments, supplier payments, partner splits and much more related to selling through your multivendor online store. Here are some keynote features of Braintree Payment gateway.

  • Payment splits are automated and transactions are transparent and secured.
  • Payments can be canceled by the admin through the Void option and in such case the payment will be refunded to the customer.
  • Payments can be put on hold using Escrow and the time limit for the hold can also be set.
  • The ‘Vault’ option can be enabled to store a customer’s debit or credit card information safely.
  • Shipping charges get split along with the payments and reach the particular sellers and admin.
  • Supports all major credit cards such as MasterCard, Visa, Discover.

How to install it?

After purchasing the extension from Apptha.com, log in to the site and select My Downloadable Product from the My Account page to download ‘Braintree Marketplace’ extension.

Once the download is complete, log in to the admin panel of your Magento site. Go to System-> Magento Connect-> Magento Connect Manager and upload the package.

Click “return to Admin” after the installation is complete.

To configure this extension log in to admin panel of your site and go to System-> Configuration-> SALES-> Payment Methods. You will find a tab called Apptha PayPal Adaptive through which you can configure this module.

Compatible with: 1.5.x, 1.6.x, 1.7.x, 1.8x, 1.9x and 2.0x versions of Magento.

Braintree Marketplace Use Case Module:

Braintree Payment Gateway - Usecase

If you wish to make a perfect payment gateway system for your customers then you can do so by integrating this magento extension to your eCommerce store. To know more,
Visit Braintree Marketplace

Alex Sam is a digital marketer by choice & profession. He munches on topics relating to technology, eCommerce, enterprise mobility, Cloud Solutions and Internet of Things. His other interests lies in SEO, Online Reputation Management and Google Analytics. Follow Me Socially: Habr , Dev.to & Viblo .

3 Comments

  1. J.T Smith Reply

    Hi,

    Is this braintree payment gateway only for multi vendor stores? Can I able to use it as a payment gateway for my normal ecommerce store?

    1. Ramanathan Reply

      Hello J.T Smith,

      It will work on marketplace stores and not for ecommerce stores. Other than braintree, there are plenty of payment gateways like smoovpay, paypal adaptive & First data ICICI is available for single ecommerce stores.

      Please check it in apptha store now!

      Thanks for your enquiry!

  2. Omar Perez Reply

    Just went through this post, It talks about the revenue splitting in eCommerce stores. A much needed extension for the marketplace webstores. In particular the escrow concept is very helpful one for processing refunds.

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