FEATURES
How Seller Settlements Work in Spurtcommerce
Spurtcommerce simplifies the seller settlement process, ensuring smooth and transparent payments. Once an order is placed, the admin manages settlements in a structured manner, whether for COD or prepaid orders.
Key Features of Seller Settlements in Spurtcommerce:
- Order-Based Payment Tracking: Admin can track all sales under the "Sales" section.
- COD Payment Update: For Cash on Delivery (COD) orders, the admin manually updates the payment once received.
- Settlement Management: Under "Manage Settlements," the admin selects the orders to be settled.
- Creating Settlements: Admin assigns a reference name to each settlement batch for easy tracking.
- Seller Dashboard Visibility: Once settled, sellers can view the updated status under their "Payments" section.
- Efficient Payout Process: Ensures sellers receive payments in a timely and structured manner.
This streamlined process enhances financial clarity and trust between the platform and sellers, making Spurtcommerce an efficient marketplace solution.