Magento Balancedpayments Payment Gateway-This module work with checkout for payment in Magento.It will work live as well as Debugging mode. Balancedpayments payment gateway handles everything, including storing cards, subscriptions, and direct payouts to your bank account.
Magento Supported Version: Magento version 1.6.x.x, Magento version 1.7.x.x, Magento version 1.8.x.x and Magento version 1.9.x.x
Installation and configuration – Its pretty easy you just need to move all folders (app,lib) into magento root that’s it .
After moving both the folders flush the cache from Magento admin module . Under system > cache management
And now your Balancedpayments Payment Gateway module has been installed .
Magento Balancedpayments Payment Gateway configuration- After the successful installation of the Balancedpayments Payment Gateway module you will be able to see the configuration panel under system > configuration as per the below screen .
As per the above screen you can see many admin config parameters for Stripe Payment Gateway module, we are going to explain every config parameters one by one.
Enabled- By this option admin can enable or disable Balancedpayments module.
Title-Here admin can set the title which will display on front end.
Api Live Key-This option sets the Api Live key which is provided by Balancedpayments Payment Gateway.
Api Test Key-This option sets the Api Test key which will use for testing the payment gateway.
Bank Account Id-This option sets the Api Bank Id which will use for crediting Escrow amount to your bank account.
Debug-By this option admin can enable or disable the debugging mode.
Credit Card Types-Here admin can select the multiple types of credit card.
Payment from Applicable Countries-Here admin can select the specific countries for Balancedpayments payment.
New Order Status-This option determines the order status after the completion of checkout.Admin can set Pending or Processing status.
Sort Order-Here admin can sets the sort order value.
After login in www.balancedpayments.com,you can get Test Secret Key,Live Secret Key and Bank Account Id.Balancedpayments Payment Gateway will provide you these keys.
Create Balancedpayments Marketplace Account:
Set Up Balancedpayments Marketplace Account:
create bank account id from Balancedpayments Marketplace Account
Balancedpayments Gateway test bank account details.
copy Test secret and Live secret key from your Balancedpayments Marketplace account and save on Magento config setting under System->Config->Payment Methods->Balanced Payments
Payment : During Checkout process Balancedpayments Payment method will be display in payment information tab.
Balancedpayments payment gateway test card number and bank account number
check payment logs and transactions on Balancedpayments payment gateway Dashboard.
->Logs:
->Transaction:
Refund:Admin can also refund online complete and partial amount with Balancedpayments module.
Under the Invoice menu,click on specific invoice and then click on Credit Memo button.
after clicking on Refund button,you can check refund status and refunded amount on Balancedpayments payment gateway.
Check Refund details by clicking on refund transaction
Credit Escrow Amount to Owner’s Bank Account : Admin can easily credit escrow amount to their bank account by clicking on Credit button under System->Config->Payment Method->Balanced Payments.
Credited amount with appropriate success and error messages
Check credited payment transaction from Balancedpayments Dashboard.
That’s all for the Magento Balancedpayments Payment Gateway module, still have any issue feel free to add a ticket and let us know your views to make the module better http://webkul.com/ticket/index.php