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How does marketplace owner make payment to me (Withdrawal)?

How does marketplace owner make payment to me (Withdrawal)?

By default, all the money from purchases goes to the marketplace owner. The Accounting page keeps track of how much money you can withdraw from the marketplace. To collect money from marketplace owners, you can request withdrawals. In some cases, withdrawals can be requested and completed automatically. In order to request a withdrawal from marketplace owner, you (vendor) must follow the below steps:

1. Login as vendor.

2. Go to Vendors→ Accounting.

3. Click on “+” icon to create a new withdrawal.

4. add the amount and comments.

5. Submit the form by clicking on “Create”.

6. Once a withdrawal is requested, marketplace owner has two options:

a. Pay the vendor and change the status of the withdrawal to Completed to confirm the transaction.

b. Decline the withdrawal and change the status to Declined.