Wallet

This option will be displayed when you have our CubeWP Wallet Plugin installed and activated

Currency:

• This setting allows you to choose the currency for the CubeWP Wallet. By default, it may use the currency settings from WooCommerce.

Commission:

• You can choose to turn on or off the option to take a commission on vendor’s payments. When turned on, a percentage or fixed commission is deducted from the vendor’s earnings.

Commission Type:

• This setting lets you choose the type of commission, which can be either a percentage or a fixed amount.

Commission Value:

• If you opt for a percentage-based commission, you would enter the percentage value to be deducted from the vendor’s earnings here.

Hold Payments:

• You can enable or disable the option to hold vendor’s payments. When turned on, vendor payments are held for a specified period before being added to their wallet automatically.

Hold Payments Period:

• If “Hold Payments” is enabled, you can specify the number of days for which payments will be held before being added to the vendor’s wallet.

Minimum Payout:

• This sets the minimum amount a vendor must earn in their wallet before they can make a withdrawal.

Maximum Payout:

• Similarly, this sets the maximum amount that a vendor can withdraw in a single transaction.