How Seller Settlements Work in Spurtcommerce

Discover the rich array of features offered by Spurtcommerce Marketplace Solution through an in-depth walkthrough. Uncover its seamless functionality and intuitive workflow, ensuring a smooth and efficient experience for eCommerce Administrators, Vendors and Customers.

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.