Which account is better for receiving payments on Shopee? Where can I check my funds?

Which account is better for receiving payments on Shopee? Where can I check my funds?

As e-commerce is booming, many e-commerce platforms have sprung up. Among them, Shopee, as the leading e-commerce platform in Southeast Asia, has attracted countless sellers. However, for novice sellers, how to choose a suitable payment account has become a difficult problem.

1. Which Shopee payment account is better?

Shopee platform provides sellers with a variety of payment account options, including bank accounts, third-party payment companies, etc. Each payment method has its own characteristics and advantages, and sellers need to choose according to their actual situation.

Bank account: Using a bank account as a payment method has a higher fund security, and most banks provide convenient online banking services, which allows sellers to check and manage funds at any time. However, it should be noted that the cross-border remittance fees and exchange rates of different banks may vary, so sellers need to carefully compare and choose.

Third-party payment companies: Third-party payment companies such as PayPal and WorldFirst usually provide one-stop payment solutions, including currency exchange, fast payment and other services. These companies usually have a complete customer service system and risk prevention and control mechanism, which can provide sellers with a more convenient payment experience. However, using third-party payment companies may incur certain handling fees and exchange rate losses. Sellers need to understand the relevant fees in detail before using them.

2. Where can I check my funds?

For Shopee sellers, checking funds is an important part of account management. Generally speaking, sellers can check their funds through the following ways:

Shopee Seller Backstage: Log in to Shopee Seller Backstage to view detailed information such as account balance, order revenue, refunds, etc. Sellers can log in to the backstage regularly to pay attention to fund changes.

Bank account or third-party payment company platform: If a bank account or third-party payment company is used as a payment method, the seller can log in to the corresponding platform or online banking system to view the payment details and fund balance. These platforms usually provide detailed transaction records and reports to facilitate sellers to manage their finances.

When choosing a Shopee payment account, sellers need to consider multiple factors such as security, convenience, and fees. Different payment methods have their own advantages and disadvantages, and sellers should choose according to their actual situation and needs. At the same time, regularly checking and managing funds is also an important part of sellers protecting their own rights and interests.

Recommended reading:

Does Shopee’s Click Me Pin Promotion cost money? What is the purpose of Pin Promotion?

How to log in to Shopee with a mobile phone from mainland China? How to register an account with Shopee?

Updates to Shopee's non-compliance penalty policy and order incomplete rate policy

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