Is it better to use RMB or USD for Shopee? What are the fees?

Shopee is a cross-border e-commerce software that many friends will use. Because it is a cross-border e-commerce software, friends don’t know which country’s currency to use when shopping. Next, let me introduce to you whether Shopee is better in RMB or USD?

1. Is it better to use RMB or USD for Shopee?

When using Shopee, you must understand the pricing of products and the calculation of logistics costs. If you don't understand this, there are only two results. The first is that you can't sell anything at all, and the second is that you lose money on the things you sell. So it is very important to understand the logistics calculation of Shopee. Most of the prices on Shopee shopping are in US dollars, but it still depends on the region, just like Shopee Taiwan site is in Taiwan dollars instead of US dollars.

2. What are the fees?

1. When you participate in activities on various sites, such as cash back and free shipping activities, an additional commission will be charged.

2. The service fee is: order amount * activity rate. The specific rate depends on the seller and the type of activity. You can consult your account manager for more details after you settle in.

3. Because the amount of the order will not be recorded until the buyer confirms receipt of the goods, the service fee will be automatically deducted from the disbursement amount when settling the disbursement amount for each order.

4. Transaction fee is the fee that needs to be paid to the service provider of transfer or other payment methods when withdrawing order income.

5. There are fees for applying for licenses. You need individual and company licenses. If you don’t have a physical store and find it troublesome to apply, some people will find an agent to apply for it. The fees for individuals or companies vary. Of course, you can find a few more to compare.

The development of the Shopee platform is also very good now. With cross-border e-commerce, shopping will be much more convenient. You no longer need to find a purchasing agent. In cross-border e-commerce, you only need to wait for a while and you can buy the products you want!

Recommended reading:

Is the price of Shopee Taiwan Station US dollars or Taiwan dollars? How is the price set?

What should I do if a Shopee customer gives me a 1-star bad review? How can I modify the bad review?

How much does it cost to buy a Shopee online store? Is it expensive?