How is Shopee's official wallet? How is the supplier payment function?

There are several payment services on the Shopee cross-border e-commerce platform. Some novice sellers are more interested in the Shopee official wallet and want to know about the Shopee official wallet.

1. How about Shopee official wallet?

"Shopee Official Wallet" is a one-stop official cross-border payment service launched by Shopee and third-party payment partners for Chinese cross-border sellers, providing Chinese cross-border sellers with a convenient, preferential, safe and compliant payment experience. You can directly open the wallet service, manage the balance, withdraw cash, and other operations in the background of the Shopee China Seller Center.

A merchant only needs to register one wallet account to manage multiple/all stores associated with the same merchant in your Shopee main account. The backend supports batch binding of stores.

ShopeePay is an e-wallet in Southeast Asia. There are many advantages to using it for payment. You can choose whether to use it according to your own situation. Online platforms, through online platforms, payment through ShopeePay has the following advantages: free delivery, daily cash back, special fast sales and shopping faster and cheaper.

2. What is the supplier payment function of Shopee official wallet?

During the peak season for stocking and purchasing, Shopee sellers often need to pay various fees to suppliers, including goods procurement, warehousing and logistics, and advertising and marketing. In order to allow sellers to withdraw cash and pay more efficiently, the Shopee official wallet will launch a supplier payment function.

This feature allows Chinese sellers to use the balance of Shopee official wallet directly in the seller center to pay various fees to the supplier's bank account. Using this feature can save the time and money cost of withdrawing cash and exchanging currency, allowing sellers to purchase and pay more conveniently and quickly.

The steps to enable supplier payment are as follows: log in to the "China Seller Center Finance Shopee Official Wallet" and bind your store to the Shopee Official Wallet; bind your bank card and create a supplier payee; on the withdrawal/payment page, choose to pay to the supplier's account to complete the supplier payment.

Using the Shopee official wallet supplier payment function, you can enjoy 0 fees and better exchange rates. If the monthly withdrawal or payment cumulative amount reaches the requirement, you can get corresponding advertising rewards.

Shopee official wallet does have many advantages in using. Now sellers can directly use the balance of Shopee official wallet to pay various fees to the supplier's bank account.

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