Admin can enable multiple withdrawal services from Woocommerce-> Settings->Referral Tab
For enabling PayPal services, the admin would require to avail the corresponding API key as well as the Secret Key by registering with PayPal.
For enabling Paytm services, the admin would require to avail the Paytm merchant key.
Admin does have the privilege to set-up a withdrawal conversion rate as found suitable to him.
A user named X has 200 Credit Points where the Admin has set up a conversion rate of $0.50. Following these settings, the user X will be entitled to initiate a withdrawal request for $100.00
All withdrawal requests by various users will be visible to and can be found by the Admin within the WooCommerce main menu.
Admin will then be able to “Approve or Reject” these withdrawal requests depending upon the approval criteria set by the Admin.
Users need to be able to spot the withdrawal tab from Woocommerce My-Account.
For withdrawal, users would need to add up a beneficiary from the payment-information tab.
A user can choose the withdrawal service and specify the amount to be withdrawn after clicking on the “Withdraw” button; following which, a request will be sent to the Admin.
Admin will accept withdrawal requests after the customer gets a balance in selected service.
Users will be able to see their withdrawal history a the bottom of the page.